M&M Finance gains after Q1 disbursement climbs 21% YoY to Rs 15,560 cr
Mumbai, July 3 -- The NBFC's business assets jumped around 12% Yo Y at approximately Rs 1,37,300 crore. The Collection Efficiency (CE) is estimated at 95% for Q1 FY27 (In Q1 FY26, CE was 95%).
The company's liquidity position stood at Rs 14,600 crore as on 30th June 2026.
As at June 30, 2026, Stage-3 is estimated in the range of 3.4% to 3.5% (3.4% as at March 31, 2026, and 3.8% as at June 30, 2025) and Stage-2 is estimated in the range of 4.9 % to 5.0% (4.8% as at March 31, 2026, and 5.9% as at June 30, 2025).
Mahindra & Mahindra Financial Services (Mahindra Finance), part of the Mahindra Group, is one of India's leading non-banking finance companies. Focused on the rural and semi-urban sector, the company has over 12 million customers...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.