MM Financial Results
- Market cap
- ₹3.37 lakh crore
- P/E
- 18.3
- P/B
- 3.62
- ROE
- 20.1%
- Dividend yield
- 1.17%
For the year ended Mar 2019, MM reported revenue of ₹1.05 lakh crore and net profit of ₹6,017 crore, against ₹95,179 crore and -₹321 crore a year earlier.
MM annual profit and loss
Financial years, newest first. TTM = trailing twelve months.
| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,04,721 | 95,179 | 74,278 | 90,171 | 1,19,040 | 1,35,803 | 1,55,645 | 1,93,098 | 2,05,196 |
| Expenses | 89,514 | 82,615 | 60,601 | 75,488 | 98,723 | 1,11,657 | 1,25,510 | 1,56,380 | 1,66,623 |
| Operating profit | 15,207 | 12,564 | 13,677 | 14,683 | 20,317 | 24,146 | 30,135 | 36,718 | 38,572 |
| Operating margin % | 15% | 13% | 18% | 16% | 17% | 18% | 19% | 19% | 19% |
| Other income | 1,310 | -911 | -125 | 1,349 | 3,771 | 3,702 | 3,356 | 4,510 | 4,982 |
| Interest | 5,021 | 6,065 | 6,102 | 5,018 | 5,699 | 7,334 | 8,854 | 9,354 | 9,483 |
| Depreciation | 3,991 | 4,976 | 3,378 | 3,508 | 4,329 | 4,536 | 5,558 | 6,690 | 6,903 |
| Profit before tax | 7,504 | 612 | 4,071 | 7,506 | 14,060 | 15,978 | 19,080 | 25,185 | 27,169 |
| Tax % | 38% | 323% | 40% | 28% | 19% | 23% | 26% | 26% | 25% |
| Net profit | 6,017 | -321 | 1,512 | 7,253 | 11,374 | 12,270 | 14,073 | 18,622 | 20,243 |
| EPS (₹) | 42.74 | 1.02 | 14.58 | 52.89 | 82.68 | 101.08 | 107.79 | 142.43 | 153.86 |
| Dividend payout % | — | — | — | — | — | — | — | — | — |
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
MM financial results — frequently asked questions
What is MM's annual revenue and net profit?
For the financial year ended Mar 2019, MM's revenue was ₹1.05 lakh crore and net profit ₹6,017 crore; net profit rose 1,974.45% from -₹321 crore in Mar 2020.
How fast has MM grown over three years?
From Mar 2022 to Mar 2019, MM's revenue grew at a compound annual rate of 5.1% and net profit at -6.0%. Past growth does not indicate future results.
What is the EPS of MM?
Annual EPS for Mar 2019 was ₹42.74.
Are these figures consolidated or standalone?
They are consolidated figures as reported by the company, in ₹ crore. Trailing-twelve-month and half-year columns are labelled separately and are not counted as financial years.
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