Mahindra & Mahindra Financial Services has received credit ratings from India Ratings and Research as under:Non convertible debentures (Rs 39,000 crore) - `IND AAA`/ Outlook Stable Retail Non-convertible Debentures (Rs 10,000 crore) - `IND AAA`/ Outlook Stable (The rated limit is interchangeable with retail subordinated debt)Private Sub Debt (Rs 3450 crore) - `IND AAA`/ Outlook Stable Principal Protected Market Linked Debenture (Rs 1500 crore) - IND PP-MLD AAA/Stable Retail Subordinate Debt (Rs 3000 crore) - `IND AAA`/ Outlook Stable Commercial Paper (Rs 15,000 crore) - IND A1+Powered by Capital Market - Live News

Mahindra & Mahindra Financial Services has received credit ratings from CRISIL as under: InstrumentRated Amount (Rs crore)  Rating outstanding   Non convertible debentures 24,000  CRISIL AAA/ Stable    Subordinate debt 3,113.50  CRISIL AAA/ Stable    Commercial paper15,000  CRISIL A1+  Powered by Capital Market - Live News

Net profit of Mahindra & Mahindra Financial Services rose 38.54% to Rs 389.42 crore in the quarter ended September 2024 as against Rs 281.09 crore during the previous quarter ended September 2023. Sales rose 16.48% to Rs 4465.15 crore in the quarter ended September 2024 as against Rs 3833.25 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales4465.153833.25 16 OPM %59.0355.03 - PBDT601.63450.35 34 PBT522.96383.27 36 NP389.42281.09 39 Powered by Capital Market - Live News

Mahindra & Mahindra Financial Services has received credit ratings from India Ratings & Research as under:1 Non-convertible Debentures (Rs 39,000 crore) - `IND AAA`/ Outlook Stable 2 Retail Non-convertible Debentures (Rs 10,000 crore) - `IND AAA`/ Outlook Stable (The rated limit is interchangeable with retail subordinated debt)3 Private Sub Debt (Rs 34,500 crore) - `IND AAA`/ Outlook Stable 4 Principal Protected Market Linked Debenture (Rs 1,500 crore) - IND PP-MLD AAA/Stable 5 Retail Subordinate Debt (Rs 3,000 crore) - `IND AAA`/ Outlook Stable 6 Commercial Paper (Rs 15,000 crore) - IND A1+ 7 Bank Loan (Rs 65,000 crore) - IND AAA/ Stable/ IND A1+Powered by Capital Market - Live News

Mahindra & Mahindra Financial Services has received credit ratings from CRISIL as under:1 Non-Convertible Debentures (Rs 24,000 crore) - CRISIL AAA/Stable 2 Subordinated Debt (Rs 3,113.50 crore) - CRISIL AAA/Stable 3 Commercial Paper (Rs 15,000 crore) - CRISIL A1+Powered by Capital Market - Live News