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Mahindra Ideal Finance delivers strong FY25 results with 111% growth in disbursements and 41% surge in profits
The Island
|May 28, 2025
One of Sri Lanka's fastest growing finance companies, Mahindra Ideal Finance Limited (MIFL), posted robust top and bottom-line performance for the financial year ended 31 March 2025.
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Backed by strong demand across its lending segments and disciplined cost management initiatives, the Company posted a Profit after tax (PAT) of Rs. 146 million in FY25, an increase of 41% over FY24. Total revenue rose 19% to Rs. 2.74 billion, with net interest income climbing 22% to Rs. 1.34 billion and other operating income up 91% to Rs. 296 million. Pre-Provisioning Operating Profit (PPOP) jumped 79% to Rs. 507 million, while total operating expenses grew a more restrained 17% following significant expansions in the company’s branch network and team strength. A continued sharp focus on credit
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