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Mahindra Finance: A quarter of remarkable growth

Mahindra Finance has shown healthy disbursement trends in the second quarter. In September, the company disbursed a substantial INR 4,500 crore, showcasing an 11% year-over-year (YoY) growth. This success is part of a broader trend, with the second quarter of this fiscal year seeing disbursements totalling INR 13,300 crore, reflecting a commendable 12.6% YoY growth.

For the first half of FY24, Mahindra Finance achieved a remarkable 20% YoY growth by disbursing INR 25,500 crore. Business assets stood at an impressive INR 93,600 crore. This success is attributed to the robust disbursement trends observed during the second quarter, coupled with pre-festival dealer advances.

To delve deeper into the figures, read the full story here

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