Revenues were up 23 per cent at Rs 3,583.20 crore, compared to Rs 2,902.14 crore last year. Sonal Gandhi, research analyst at Centrum Broking, said, “Mahindra Finance has gained market share in core segments, while accelerating growth in pre-owned vehicles. The company has taken price hikes on select products and is focusing on pre-owned vehicles to improve interest yields from hereon. Tractor AUM also grew by 11 per cent YoY, while CV/CE registered a growth of 17.4 per cent. Disbursements in Auto/UV, cars, and pre-owned vehicles surged by over 30 per cent YoY, reflecting strong demand in these segments.

Source: The Hindu July 31, 2023 21:35 UTC