Mahindra Finance Q1 profit rises 75% driving 10% share jump
after close1 source ↓written by the desknot a recommendation
- after reporting
- 10.5%
- YoY
- 75.3%
- rose
- 18%
- ₹2,580 cr
- total income
- ₹5,724.8 cr
Shares of Mahindra & Mahindra Financial Services surged 10.5% after reporting Q1 net profit of ₹927.5 cr, up 75.3% YoY. Net interest income rose 18% to ₹2,580 cr, contributing to total income of ₹5,724.8 cr. The strong results reflect improved profitability and operational health, positively impacting market sentiment.
Not investment advice. For informational purposes only.