M&M Q4 PAT surges 22% to ₹2,437 crore

For the quarter the company’s revenues grew 24% Year on Year (YoY) to Rs. 31,609 crore
| Photo Credit: Special Arrangement

Mahindra & Mahindra Ltd. for the fourth quarter ended March 31, 2025 reported 22% growth in standalone net profit at Rs. 2,437 crore as compared with Rs 2,000 crore a year ago backed by volume growth in automobile and tractor businesses.

For the quarter the company’s revenues grew 24% Year on Year (YoY) to Rs 31,609 crore. The board has proposed to pay a dividend of ₹25.3 per share.

Total vehicles volumes during the quarter grew 18% YoY to 2,53,028 units while tractor sales volume grew 23% YoY to 87,138 units.

For FY25 the company’s standalone net profit grew 11% YoY to Rs 11,855 crore while revenues grew 17% YoY to Rs 1,18,625 crore. Auto volumes annually grew 14% YoY to 9,41,115 units. Tractor sales volumes in FY25 grew 12% to 4,20,636 units.   

On a consolidated basis the company’s net profit for the fourth quarter grew 20% YoY to Rs 3,295 crore. Revenues grew 20% to Rs 42,599 crore YoY. For FY25 the consolidated net profit was at Rs 12,929 crore, up 15% YoY and revenues grew 14 YoY to Rs 1,59,211 crore.

Anish Shah, Group CEO & Managing Director, M&M Ltd. said, “We have delivered strong growth on the back of stellar execution in F25. Auto and Farm continue to gain market share and expand profitability.” 

“TechM is making commendable progress towards its dual objectives of strengthening client positioning and margin expansion. MMFSL has maintained GS3 under 4% as committed, remains focused on controls and has delivered 33% growth in profits. Our Growth Gems are scaling up well. We continue to build strong businesses which will deliver significant value to our stakeholders,” he said.

Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), M&M Ltd. said, “We continued our outstanding performance for the year in Q4-F25, with significant gain of 310 bps YoY in SUV revenue share, and 480 bps YoY in LCV (3.5T) market share.” 

“In Tractors, we reached our highest-ever Q4 market share of 41.2%, gaining 180 bps YoY. In F25, our Auto Standalone PBIT margin improved by 110 bps and core tractor PBIT margins improved by 200 bps,” he said.