MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Announcement under Regulation 30 (LODR)-Meeting Updates
Appointment of MD and CEO - Designate03-02-2023
03-02-2023
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Announcement under Regulation 30 (LODR)-Monthly Business Updates
Updates for the month of January 202303-02-2023
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Announcement under Regulation 30 (LODR)-Investor Presentation
Earnings Presentation for the third quarter and nine months ended 31st December 202203-02-2023
Q3FY23 Quarterly Result Announced for Mahindra & Mahindra Financial Services Ltd.
Mahindra & Mahindra Financial Services announced Q3FY23 results: Standalone Q3FY23: Continued & steady improvement in asset quality – gross stage 3 improves to 5.9% (6.7% in Q2 FY23) and gross stage 2 improves to 8.4% (9.7% in Q2 FY23). Provision coverage on Stage 3 loans was maintained at 59.0%. Loan book increased by 21% to Rs 77,344 crores compared to Q3FY22. Disbursement for the quarter at Rs 14,467 crores was up 80% on YoY basis. Total income was at Rs 2,892 crores, up 14% YoY. Net interest margin for the quarter was at 7.4%; Net Interest Income (NII) at Rs 1,650 crores was up 7% YoY. The company reported PAT of Rs 629 crores during the quarter. 9MFY23 PAT was at Rs 1,300 crores vs Rs 388 crores in 9MFY22, a growth of 235%. Third quarter of the previous year continued with a significant reversal of impairment provisions as a result of improvement in asset quality which had deteriorated during Q1FY22 due to the second wave of Covid-19. This resulted in a PAT of Rs 894 crores for Q3FY22. The company’s capital adequacy stood at a healthy 23.4%. As of December end, the company carried a total liquidity buffer of approximately Rs 10,800 crores - covering more than 3 months’ obligations. Consolidated Q3FY23: Total income increased by 12% to Rs 3,353 crores during Q3FY23, as against Rs 2,986 crores during the corresponding quarter last year. The Profit After Tax (PAT) stood at Rs 664 crores during Q3FY23, as against PAT of Rs 992 crores during the corresponding quarter last year. Result PDF03-02-2023
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 third quarter and nine months ended 31st December 202203-02-2023
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Outcome Of The Board Meeting - Unaudited Standalone And Consolidated Financial Results Of The Company For The Third Quarter And Nine Months Ended 31St December 2022
Board of Directors of Mahindra & Mahindra Financial Services Limited at their Meeting held today i.e. Friday, 3rd February 2023 have, inter-alia, approved the unaudited standalone and consolidated financial results for the third quarter and nine months ended 31st December 2022.03-02-2023
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Board Meeting Outcome for Outcome Of The Board Meeting - Unaudited Standalone And Consolidated Financial Results Of The Company For The Third Quarter And Nine Months Ended 31St December 2022
Board of Directors of Mahindra & Mahindra Financial Services Limited at their Meeting held today i.e. Friday, 3rd February 2023 have, inter-alia, approved the unaudited standalone and consolidated financial results for the third quarter and nine months ended 31st December 2022.03-02-2023
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Announcement under Regulation 30 (LODR)-Credit Rating
India Ratings reassigns outstanding ratings where 'emr' suffix were used, pursuant to SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD2/P/CIR/2023/6 dated 6th January 202331-01-2023
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Q3 FY2023 Earnings Conference Call30-01-2023
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. - 532720 - Intimation For Transfer Of Equity Shares From Mahindra & Mahindra Financial Services Limited Employees' Stock Option Trust
We hereby inform you that Mahindra & Mahindra Financial Services Limited Employees' Stock Option Trust has today i.e. on Wednesday, 25th January 2023 transferred 81,906 equity shares of the Company, in aggregate, to the eligible employees of the Company and its subsidiaries ('Eligible Persons'), pursuant to the exercise of the vested Stock Options by them, under the Mahindra & Mahindra Financial Services Limited Employees' Stock Option Scheme - 2010.The details of the eligible persons to whom the equity shares of the Company have been transferred are given in Annexure I to this letter.25-01-2023