Mahindra Finance, a leading financial institution in India, has announced a 9% decrease in its standalone profit for the March quarter, amounting to Rs 563 crore. This decline was primarily attributed to heightened provisions. Despite this, the company experienced a 9% increase in net interest income, reaching Rs 2,156 crore, thanks to the growth of its loan book. However, factors such as a reduced interest margin and elevated credit costs impacted the overall profitability. Nevertheless, Mahindra Finance continues to uphold a strong capital adequacy ratio and liquidity buffer, ensuring its financial stability and resilience in the market.