📈 Mahindra Ideal Finance Records Historic FY26 Growth

Mahindra Ideal Finance Ltd (MIFL) reported its strongest financial performance to date for the year ended 31 March 2026, driven by a surge in vehicle financing and improved economic conditions. • Profitability Surge: Profit Before Tax (PBT) rose by 193% YoY to Rs. 818 million, while Profit After Tax (PAT) jumped 228% YoY to Rs. 478 million. • Lending & Asset Growth: Total disbursements reached Rs. 57.6 billion (up 98% YoY). The total loan book expanded to Rs. 26.95 billion (+82% YoY), pushing total assets to Rs. 30.98 billion (+81% YoY). • Operational Efficiency: The cost-to-income ratio improved significantly to 50.5% (from 68.9% last year). Return on Equity (ROE) strengthened to 14.40%, up from 4.85% YoY. • Asset Quality: Maintained a disciplined credit focus with the Gross Stage 3 ratio improving to 1.73% (down from 1.86%). The results highlight a successful expansion in the non-banking financial services sector, supported by digital lending investments and a growing multi-brand financing portfolio.