Mahindra Finance, a leading financial institution in India, has witnessed a 9% decrease in standalone profit, amounting to Rs 563 crore in the March quarter. This decline can be attributed to elevated provisions made by the company. Despite this, the net interest income experienced a 9% growth, reaching Rs 2,156 crore, primarily fueled by an expansion in the loan book. However, the bottom line was impacted by a reduced interest margin and increased credit costs. It is worth noting that Mahindra Finance continues to boast a robust capital adequacy ratio and maintains a healthy liquidity buffer. This financial update showcases the resilience of Mahindra Finance in navigating challenging market conditions while ensuring a strong financial position.