Mahindra Finance jumps on appointing Pradeep Kumar Agrawal as CFO

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05 Mar 2025

Mahindra Finance jumps on appointing Pradeep Kumar Agrawal as CFO

The company stated that Animesh Chatterjee, who served as CFO and was designated as key managerial personnel (KMP) from 29 January 2025 to 4 March 2025 for the interim period, has ceased to be CFO and KMP, effective at the close of business on 4 March 2025.

However, Animesh Chatterjee will continue in his role as Head of Treasury at the company.

Mahindra & Mahindra Financial Services (MMFSL), a part of the Mahindra Group, is an NBFC primarily engaged in the business of financing the purchase of new and pre-owned auto and utility vehicles, tractors, cars, commercial vehicles, construction equipment, and SME financing.

The company's consolidated net profit jumped 47.4% to Rs 917.57 crore on a 16% increase in total income to Rs 4,815.36 crore in Q3 FY25 over Q3 FY24.