Mahindra & Mahindra Ltd (M&M), one of India’s leading automobile and farm equipment manufacturers, announced a strong set of earnings for Q4FY25, reporting a 22% year-on-year jump in standalone net profit at ₹2,437 crore. The company had posted a profit of ₹2,000 crore in the same quarter last year.

Alongside the earnings, M&M declared a dividend of ₹25.3 per share, rewarding its shareholders. The company confirmed that July 4 will be the record date for determining eligible shareholders for the dividend.

We have delivered strong growth on the back of stellar execution in F25,” said Anish Shah, Group CEO & MD of M&M.

Strong Revenue Growth Across Segments

M&M’s revenue from operations surged 24% to ₹31,609 crore in the quarter ended March 31, 2025, compared to ₹25,434 crore in Q4FY24. The growth was driven by robust performance in both the automobile and farm equipment segments, where the company continues to gain market share.

At around 12 PM on the results day, M&M shares were trading nearly 2% higher at ₹2,982 on the BSE, reflecting investor optimism.

Auto and Farm Sectors Deliver Outstanding Performance

According to Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), the company made significant gains in market share during Q4FY25:

SUV revenue share rose by 310 basis points YoY
LCV (< 3.5T) market share increased by 480 basis points YoY
In the tractor segment, M&M achieved its highest-ever Q4 market share of 41.2%, gaining 180 basis points YoY

We continued our outstanding performance for the year in Q4-F25,” said Jejurikar, highlighting the gains across both auto and tractor segments.

The company also reported an improvement in profitability:

Auto standalone PBIT margin improved by 110 basis points
Core tractor PBIT margins improved by 200 basis points

Subsidiaries Showing Positive Momentum

Anish Shah further noted that other group entities are also showing solid progress. For example:

Tech Mahindra is advancing in client positioning and margin expansion
Mahindra Finance (MMFSL) posted a 33% growth in profit and maintained GS3 under 4%

He also mentioned that the “Growth Gems” – newer businesses within the group – are scaling up well, adding further confidence to the conglomerate’s overall performance outlook.

We continue to build strong businesses which will deliver significant value to our stakeholders, Shah added.

Outlook

With strong gains in market share, improved margins, and stable leadership across verticals, Mahindra & Mahindra appears well-positioned for sustained growth in the upcoming quarters. The declared dividend and rising stock price further reflect market confidence in the company’s performance.