Mahindra & Mahindra reported a robust performance in its farm segment for the fourth quarter of FY25, driven by strong tractor sales and margin expansion.
For Q4 FY25, the company sold 87,138 tractors, marking a 23% year-on-year growth. Its market share in the tractor segment rose to 41.2%, an increase of 180 basis points compared to the same quarter last year. This is the highest-ever market share achieved in the fourth quarter.
Standalone profit before interest and tax (PBIT) for the farm segment surged 51% YoY to ₹1,250 crore, while margins improved to 19.4%. On a consolidated basis, revenue for the farm segment stood at ₹7,933 crore, up 17% YoY. Consolidated profit after tax came in at ₹758 crore, reflecting a 29% growth.
For the full financial year FY25, Mahindra sold 4,20,636 tractors, recording a 12% increase from FY24. The company’s market share for the year rose to 43.3%, up by 170 basis points. Standalone PBIT grew 30% to ₹5,371 crore, with margins improving to 18.4%, a rise of 210 basis points.
The consolidated revenue for the farm segment in FY25 was ₹35,375 crore, a 6% increase from the previous year, while consolidated PAT rose 6% to ₹3,792 crore.
The company also highlighted that two strategic pivots in international operations had a one-time impact of ₹654 crore on standalone results but are expected to enhance long-term competitiveness.
