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Mahindra & Mahindra Financial Services Ltd share price slipped 0.29% to Rs 388.7 after the company`s net profit slipped by 1.38% to Rs 927.48 crore, while revenue from operations improved marginally 3.24% to Rs 5717.91 crore in Q2FY26 over Q1FY26. The market capitalization of Non Banking Financial Company (NBFC) industry group stocks on BSE stood at Rs 17.07 lakh crore, rising 7.10%. It has eased by 0.75% over last one week and soared by 15.14% in last one month while the market capitalization of Mahindra & Mahindra Financial Services Ltd has softened by 2.53% and 25.85% in the same period respectively. Profit before tax (PBT) of Mahindra & Mahindra Financial Services Ltd stood at Rs 1242.22 crore in Q2 FY26, jumping 76.56% year-on-year, and declining 1.34% quarter-on-quarter. EBITDA came in at Rs 1305 crore, surging by 80.39% YoY and slipping 0.47% sequentially. Total expenses grew marginally by 4.36% to Rs 4504.81 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 672.89 crore, inching up 4.91% YoY. For the TTM ended FY26, revenue from operations improved 13.77% to Rs 21005.37 crore, while net profit jumped 26.55% to Rs 2861.11 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 321204% to Rs 4112.57 crore, and PBT witnessed a strong rise of 26.40% to Rs 3825.9 crore compared to previous TTM. Mahindra & Mahindra Financial Services Ltd surged by 45.94% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 4.36% during the same period.

The board of Mahindra & Mahindra Financial Services at its meeting held on 05 August 2026 has approved the Scheme of Merger by Absorption amongst Mahindra Rural Housing Finance (Amalgamating Company or MRHFL) and Mahindra & Mahindra Financial Services (Amalgamated Company or MMFSL), their respective shareholders and creditors, under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 and rules made thereunder (Scheme). The proposed merger is intended to consolidate the lending businesses of MMFSL and MRHFL into a single listed platform with a broader retail lending franchise, a simplified operating architecture, and enhanced operating leverage.

Mahindra & Mahindra Financial Services has received credit ratings from India Ratings and Research as under:Bank loan (Rs 80,000 crore) - IND AAA/ Stable/ IND A1+Fixed deposits (Rs 20,000 crore) - IND AAA/Stable

Mahindra & Mahindra Financial Services has received the credit rating CARE AAA; Stable / CARE A1+ for long and short term bank facilities aggregating to Rs 50,000 crore.

Net profit of Mahindra & Mahindra Financial Services rose 75.43% to Rs 926.03 crore in the quarter ended June 2026 as against Rs 527.87 crore during the previous quarter ended June 2025. Sales rose 14.57% to Rs 5717.91 crore in the quarter ended June 2026 as against Rs 4990.61 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales5717.914990.61 15 OPM %64.4360.64 - PBDT1341.36789.45 70 PBT1242.22703.58 77 NP926.03527.87 75 Powered by Capital Market - Live News