Mahindra Finance releases Consolidated Quarterly Results for March 31, 2023. Mahindra Finance has announced an increase in total income from Rs. 3352.82 Crores as of December 31, 2022, to Rs. 3536.35 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 661.43 Crores as of December 31, 2022, to Rs. 681.33 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 5.35 on December 31, 2022, to Rs. 5.51 on March 31, 2023, according to the company’s statement.
Mahindra Finance Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs. 3536.35 Crores (March 31, 2023) vs. Rs. 3352.82 Crores (December 31, 2022)
Net profit/loss: Rs. 681.33 Crores (March 31, 2023) vs. Rs. 661.43 Crores (December 31, 2022)
EPS: Rs. 5.51 (March 31, 2023) vs. Rs. 5.35 (December 31, 2022)
| Financials | Q4 FY2023 | Q3 FY2023 | % Change |
| Total Income | ₹ 3536.35 Cr | ₹ 3352.82 Cr | ⬆ 5.47% |
| Net Profit | ₹ 681.33 Cr | ₹ 661.43 Cr | ⬆ 3.01% |
| EPS | ₹ 5.51 | ₹ 5.35 | ⬆ 2.99% |
Mahindra Finance Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 3536.35 Crores (March 31, 2023) vs. Rs. 2897.44 Crores (March 31, 2022)
Net profit/loss: Rs. 681.33 Crores (March 31, 2023) vs. Rs. 623.78 Crores (March 31, 2022)
EPS: Rs. 5.51 (March 31, 2023) vs. Rs. 5.05 (March 31, 2022)
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹ 3536.35 Cr | ₹ 2897.44 Cr | ⬆ 22.05% |
| Net Profit | ₹ 681.33 Cr | ₹ 623.78 Cr | ⬆ 9.23% |
| EPS | ₹ 5.51 | ₹ 5.05 | ⬆ 9.11% |
Mahindra Finance Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 12832.40 Crores (March 31, 2023) vs. Rs. 11400.51 Crores (March 31, 2022)
Net profit/loss: Rs. 2072.40 Crores (March 31, 2023) vs. Rs. 1136.87 Crores (March 31, 2022)
EPS: Rs. 16.79 (March 31, 2023) vs. Rs. 9.21 (March 31, 2022)
| Financials | 12 Months Ended FY2023 | 12 Months Ended FY2022 | % Change |
| Total Income | ₹ 12832.40 Cr | ₹ 11400.51 Cr | ⬆ 12.56% |
| Net Profit | ₹ 2072.40 Cr | ₹ 1136.87 Cr | ⬆ 82.29% |
| EPS | ₹ 16.79 | ₹ 9.21 | ⬆ 82.30% |
Mahindra Finance Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹6 per Equity Share of Face Value of ₹2 each of the Company (300% of Face Value). Total Dividend for FY23 stood at ₹3.60 per Equity Share (Interim Dividend of ₹2 per Equity Share)
| Dividend | Record Date |
| ₹6 per Equity Share | Coming Soon |
The dividend’s record date has not yet come
About Mahindra Finance:
Headquartered in Mumbai, Mahindra & Mahindra Financial Services Ltd (M&MFIN) is an Indian rural non-banking financial company that operates from over 1000 offices throughout the country. It is one of the leading financiers of tractors in India. The company began its operations on January 1, 1991, under the name Maxi Motors Financial Services Limited, before being rebranded as Mahindra Finance.
Download Full PDF Q4 Results of Mahindra Finance:
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