Mahindra & Mahindra Financial Services (M&M Financial) has announced its Q2 FY25 financial results, showcasing a solid year-on-year (YoY) growth in revenue but a sequential decline in net profit.
Key Financial Highlights:
Revenue: The company reported revenue of ₹4,054.16 crore, reflecting a 16.3% YoY increase from ₹3,485.02 crore in Q2 FY24. On a quarter-on-quarter (QoQ) basis, revenue grew 3.3% from ₹3,923.06 crore in Q1 FY25.
Net Profit: M&M Financial posted a net profit of ₹390.03 crore, which represents a 21.5% decline QoQ from ₹497.01 crore in the previous quarter. However, YoY, the net profit rose 35.7% from ₹287.24 crore in Q2 FY24.
The company’s revenue growth underscores its continued strength, while the sequential decline in profit suggests challenges in maintaining profitability.
