Koç Holding (KCHOL) 4Q25 Financial Results

Koç Holding reported consolidated net income of TL7.0bn in 4Q25 (Consensus: TL4.4bn). The results point to a marked year-on-year improvement (4Q24: TL8.0bn net loss), supported by better financing costs at associates and the rebound in the monetary position item under inflation accounting. The monetary position item improved from -TL1.1bn in 4Q24 to +TL4.6bn in 4Q25. For FY25, consolidated net income came in at TL22.0bn (FY24: TL1.7bn).