Mahindra & Mahindra Ltd on May 5 reported 22% jump in standalone net profit at Rs 2,437 crore for the quarter ended March 31, 2025. The company reported standalone net profit of Rs 2,000 crore in the year-ago period.
The auto major declared dividend of Rs 25.3 per share. The record date for the dividend shall be July 4, the company said in a stock exchange filing.
The firm's revenue from operations rose 24% to Rs 31,609 crore in Q4FY25 as against Rs 25,434 crore in Q4FY24.
At 2 pm on May 5, M&M shares on BSE were trading nearly 3% higher at Rs 3,011 apiece.
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.”
The 'Scorpio' SUV manufacturer's SUV revenue market share increased 310 bps year-on-year.
Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), M&M Ltd said, “We continued our outstanding performance for the year in Q4FY25, 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.”
Revenue from Mahindra's automotive business – its biggest segment that accounts for nearly three-fourths of overall revenue – rose 25% to Rs 2,498 crore. The business includes the sale of SUVs as well as small and large trucks and buses.
During the quarter, Mahindra recorded a one-time charge of Rs 645 crore related to the international operations of its tractor business. The company did not share any further details.
The smaller, but more profitable farm business, which includes tractors that are cheaper to manufacture, clocked revenue growth of 23% and pre-tax profit growth of 51%.
The firm's operating margin was 13.35% in Q4FY25 as compared to 13.48% in the year-ago period.
M&M's automotive operations EBIT was up 28% at Rs 2,306 crore while EBIT margin rose to 9.2% from 8.8% a year ago.
M&M's Q4 farm operations EBIT rose 51% year-on-year to Rs 1,250 crore and EBIT margin expanded to 19.4% versus 15.8% in Q4FY24.
With inputs from Reuters
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