'Mahindra & Mahindra Financial Services conducted a conference call on 22 April 2025 to discuss its financial results for the quarter ended March 2025. Raul Rebello, MD&CEO of the company addressed the call:
Highlights:
The company has posted 2% growth in the disbursements in Q4
and 3% for FY2025. AUM has still grown 17% to Rs 119673 crore end March 2025.
Asset quality continues to operate in desired levels with
GS3 at 3.7% and GS3+ GS2 below 10% at 9.1% end March 2025. The company will
continue to focus on collections, underwriting, and risk control measures.
The end losses for FY25 have been lower in every quarter of
FY25 indicating a less amount of portfolio which is either getting written off
or losses due to settlements. The end losses has come down from Rs 2513 crore
in FY2022 to Rs 1559 crore in FY2025.
On overall credit cost Q4 was at 1.4% and at 1.3% for
FY2025 down from 1.7% in FY2024.
NIMs have m...
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