Mahindra Finance, a leading financial institution in India, has recently announced a 9% decline in standalone profit, totaling Rs 563 crore in the March quarter due to increased provisions. Despite this, the company’s net interest income saw a 9% rise to Rs 2,156 crore, attributed to the growth in the loan book. However, a narrower interest margin and higher credit costs have impacted the overall bottom line. It is worth noting that Mahindra Finance continues to maintain a comfortable capital adequacy ratio and liquidity buffer, ensuring stability and resilience in the face of economic uncertainties. This financial report reflects the challenges and opportunities faced by the company in navigating the evolving financial landscape in India.