Mahindra & Mahindra Financial Services Limited has announced the following updates for the Q3 FY25:
In Q3 FY25, we estimate the overall disbursement at approximately Rs. 16,450 crore, YoY growth of ~7% and for 9M FY25 disbursement at approximately Rs. 42,350 crore, a growth of ~4% YoY.
Business Assets at approximately Rs. 1,14,900 crore grew by ~18% over December 2023.
The Collection Efficiency ("CE") is at 95% for Q3 FY25 (In Q3 FY24, CE was 95%).
As at December 31, 2024, Stage-3 is estimated at about 3.9% (vs. 4.0% as at December 31, 2023) and Stage-2 is estimated at around 6.3% (vs. 6.0% as at December 31, 2023).
The Company continued to enjoy a comfortable liquidity position on its Balance Sheet, with a liquidity chest of over Rs. 9,100 crore.
Shares of Mahindra & Mahindra Financial Services Limited was last trading in BSE at Rs. 276.45 as compared to the previous close of Rs. 276.30. The total number of shares traded during the day was 93237 in over 2266 trades.
The stock hit an intraday high of Rs. 281.20 and intraday low of 275.55. The net turnover during the day was Rs. 25994091.00.