M&M Q4 results: Consolidated profit jumps 20% to ₹3,295 crore

M&M Q4 results: Consolidated profit jumps 20% to ₹3,295 crore

Play all audios:

Loading...

Commenting on Q4 FY25 and FY25 performance, Anish Shah, Group CEO & Managing Director, M&M, 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.”


In the auto segment, utility vehicle volumes rose 18% year-on-year to 149,000 units for the March quarter. The automaker delivered 6,300 electric SUVs. The auto segment reported a


consolidated Q4 revenue of ₹25,902 crore, up 24% year on year. Profit of the auto business zoomed 27% to ₹1,715 crore.


“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,” said


Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), M&M.


M&M’s Farm segment reported a 29% jump in profit to ₹758 crore for the quarter ended March while revenues rose 17% to ₹7,933 crore.


“It has been an excellent year with broad-based growth and profitability improvement across our businesses. In line with our commitment to capital allocation, we have sharpened our focus in


international Farm geographies. Our results include nearly 10,000 cr. of cash generation in F25 which gives us the ability to continue to drive value for our shareholders through strategic


investments. We are happy to declare a 20% growth in dividend for F26 on the back of this strong performance,” said Amarjyoti Barua, Group Chief Financial Officer, M&M.


M&M also announced a dividend of ₹25.3 per share, up 20% year over year.