Mahindra & Mahindra Financial Services Ltd - Mixed Bag Q3
PAT stood at Rs. 899 was higher, mainly led by negligible credit costs that fell owing to a reversal of ECL provisions of Rs. 430 crore due to...
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Mahindra Finance - Steady Quarter; ECL Model Changes Drive the Earning Beat
Quarterly PAT stood at ~Rs9bn, with the beat primarily driven by minimal credit costs, which resulted from the ECL-model refresh (leading to lower...
125 Views
Mahindra Finance - Credit Cost to Normalize in H2; Reiterate BUY
Driven by the surge in credit cost (Q2: Rs7.0bn vs our estimate of Rs5.0bn and Q1: Rs4.5bn), MMFS reported weaker profitability in Q2FY25, with PAT...
190 Views
Mahindra Finance - Inflection Point Around the Corner; Valuation Palatable; Upgrade to BUY
With Q2FY25 business updates already lowering expectations on growth and the asset quality front, we believe the negativities around growth, asset...
188 Views
Mahindra Finance - Satisfactory Performance
Emkay Global Financial's research report onMahindra Finance MMFS reported a satisfactory performance in Q4FY24, against the backdrop of the already...
258 Views