M&M FINANCIALS Results Analysis-Q4FY26

Interest Earned for Q4FY26 is Rs. 4,773 Crs., 10.39% growth YoY, Net Interest Income is Rs. 2,553 Crs., 21.23% growth YoY, Total Income is Rs. 5,560 Crs., 13.53% growth YoY, Pre-Provisioning Operating Profit is Rs. 1,786 Crs., 38.43% growth YoY, PBT is Rs.1,259 Crs., 106.58% growth YoY, Net profit is Rs. 940 Crs., 106.16% growth YoY. For Q4FY26 Gross Stage-3 3.4% vs 3.67% in Q4FY25. Return on Assets is 2.4% improved by 70 BPS YoY, Net Interest Margin is 7.5% improved by 101 BPS YoY. Total AUM (Business Assets) is Rs. 1,34,096 Cr. Improved by 12% YoY. On QoQ basis Interest Earned has achieved flat 1.35% growth, Net Interest Income has grown by 3.22%, Total Income has growth of 1.74%, Pre-Provisioning Operating Profit has grown by 5.33%, PBT grown by 13.99%, PAT is grown by 13.91%. Tractor disbursements up 63% YoY for Q4F26 and 49% for F26, MSME equipped to scale: early wins, AUM growth at 32% YoY.