Mahindra & Mahindra Financial Services, a non-banking financial company (NBFC) backed by the Mahindra Group, reported a remarkable 55% year-on-year increase in standalone net profit, reaching ₹873 crore for the March quarter. This growth reflects the company's solid operational performance, characterized by a 12% increase in assets under management and an 11% rise in disbursements. The net interest margins expanded significantly by 101 basis points to 7.5%, indicating improved yields and reduced funding costs. For the full financial year FY26, the company reported a 19% YoY increase in profit after tax, totaling ₹2,782 crore. Notably, tractor financing emerged as a key growth driver, with disbursements soaring 63% YoY. The company's diversification strategy is paying off, as its non-vehicle finance portfolio grew 32% YoY, contributing to stronger fee income and lower funding costs. Overall, Mahindra Finance's robust Q4 performance underscores its growth momentum and resilience in a challenging market environment.