India's Mahindra and Mahindra Financial Services rises on strong Q2 profit growth

Mahindra and Mahindra Financial Services

29/10/2025 04:27

** India's Mahindra and Mahindra Financial Services MMFS.NS rises 3.2% to 309.45 rupees after Q2 results

** Co's net profit after tax jumps 54% y/y to 5.7 billion  rupees ($64.85 million), with assets under management growing 13% y/y

** Growth led by strong loan disbursements in tractors and passenger vehicles

** Analysts expect a better second half of fiscal 2026, on improving demand for passenger vehicles aiding loan growth

** Brokerages also expect weakness in the commercial vehicles segment to continue, with MMFS' commentary on the segment not indicating a rebound

**  MMFS rated 'buy' on avg by 31 analysts, with median PT at 300 rupees, as per data compiled by LSEG

** YTD, MMFS shares up about 17%

($1 = 87.8950 Indian rupees)

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))