MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Disclosure Under Regulation 23(9) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.
Disclosure of Related Party Transactions for the half year ended 30th September 2023 MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Intimation For Transfer Of Equity Shares From Mahindra & Mahindra Financial Services Limited Employees'' Stock Option Trust
Mahindra & Mahindra Financial Services Limited Employees'' Stock Option Trust has today i.e., transferred 21,310 equity shares of the company to the eligible employees under Mahindra & Mahindra Financial Services Limited Employees Stock Option Scheme - 2010
Mahindra & Mahindra Financial Services Results Earnings Call for Q2FY24
Conference Call with Mahindra & Mahindra Financial Services Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript. Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Mahindra & Mahindra Financial Services Ltd.
Non-banking Financial company Mahindra & Mahindra Financial Services announced Q2FY24 & H1FY24 results: 1. Financial Performance: - Disbursement growth in Q2FY24 was 13% YoY, with a sequential growth of 9%. - Loan book increased to Rs 93,723 crore, reflecting a YoY growth of 27% and a sequential growth of 8.1%. - Gross Stage 3 (GS 3) remained stable at 4.3% compared to Q1FY24 (6.7% in Q2FY22). - Revenue was Rs 6,366 crore, indicating a YoY growth of 25% in H1FY24. - Profit after tax (PAT) for Q2FY24 was Rs 235 crore, a decline from Rs 448 crore in the previous year due to provision reversals. 2. Standalone Results: - Net interest income in Q2FY24 increased by 9% YoY to reach Rs 1,674 crore, with a net interest margin of 6.5%. - Credit cost during Q2FY24 was Rs 627 crore (2.4% of average assets) compared to Rs 198 crore (1.0%) in Q2FY23. - Capital adequacy ratio remained healthy at 18.7%. - Liquidity buffer of approximately Rs 8,300 crore was maintained, covering over 2.5 months' gross obligation. 3. Consolidated Results: - Total income for Q2FY24 increased by 28% to Rs 3,863 crore, with a PAT of Rs 287 crore. - Total income for H1FY24 increased by 26% to Rs 7,500 crore, with a PAT of Rs 649 crore. 4. Operations: - Disbursement growth in Q2 was broad-based, with a YoY growth of 13% and a sequential growth of 9%. - Collection efficiency remained strong at 96%. - Asset quality was maintained, with Stage-3 assets at 4.3% and Stage-2 assets improving to 5.7%. - Company's market share in various segments was maintained. Result PDF MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release - Unaudited Financial Results of the Company for the second quarter and half year ended 30th September 2023. MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Announcement under Regulation 30 (LODR)-Investor Presentation
Earnings Presentation for Q2 FY24. MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Announcement under Regulation 30 (LODR)-Raising of Funds
Outcome of the Meeting of the Board of Directors held on 27th October 2023 - Raising of funds MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Board Meeting Outcome for Board Meeting Outcome Of Meeting Of The Board Of Directors Held On 27Th October 2023
Outcome of the Meeting of the Board of Directors held on 27th October 2023 - Financial Results and Raising of funds. MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Results - Financial Results For Quarter And Half Year Ended 30Th September 2023
Outcome of the meeting of the Board of Directors held on 27th October 2023 - Financial Results MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the period 1st July 2023 to 30th September 2023