M&M Q4 and FY25: Record Profits: FY25 Consolidated PAT at Rs 12,929 cr., up 20%*

#M&MResultsFY25

Q4 Consolidated PAT at Rs 3,295 cr., up 20%

Dividend of Rs 25.3 per share, up 20%

Chandigarh: The Board of Directors of Mahindra & Mahindra Limited today approved the financial results for the quarter and year ended 31^st March 2025.

Key financials:

PAT is PAT after Non-Controlling Interest. For summary of standalone financials, refer Annexure 1

^# 20% growth excluding impact of KG Mobility

Mahindra & Mahindra delivered solid results across multiple businesses in F25 on the back of strong growth, execution excellence and capital allocation discipline. Auto and Farm maintain market leadership in key segments with 15% revenue growth with profits up 17%. Financial services AUM grew at 17%. TechM achieved good traction in deal wins and saw EBIT improvement of 360 bps. Multiple growth gems saw significant traction in F25.

Auto

·      Q4 volumes at 253k (includes sale by LMM & MEAL), up 18%; UV volumes at 149k, up 18%

·      Q4 rev market share at 23.5%, up 310 bps

·      F25 volumes up 14%; UV volumes up 20%

·      eSUV 30,179 bookings on Day 1, 6,300 eSUVs delivered

·      Standalone Q4 PBIT Rs 2,306 cr., up 28%; PBIT margin 9.2%

·      Standalone Q4 PBIT margin excluding eSUV Contract manufacturing at 10.0%

Farm

·      Q4 volumes at 87k, up 23%

·      Q4 market share at 41.2%; F25 market share at 43.3%, up 170 bps

·      Standalone Q4 PBIT Rs 1,250 cr., up 51% and PBIT margin 19.4%

·      Standalone F25 PBIT Rs 5,371 cr., up 30%; PBIT margin 18.4%, up 210 bps

 Services

·      Consolidated Q4 Revenue Rs 9,914 cr., up 12%, PAT Rs 822 cr. in line YoY

Dr. 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.”

Mr. 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”