Integrated Filing — IndAS



General information about company

Scrip Code 500520
NSE Symbol M&M
MSEI Symbol NOTLISTED
ISIN INE101A01026
Name of company Mahindra & Mahindra Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 30-Jul-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 21-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 30-Jul-2025   15:09:00
End date and time of board meeting 30-Jul-2025   16:39:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 455291900000
Other income 9169200000
Total income 464461100000
2 Expenses
(a) Cost of materials consumed 267106400000
(b) Purchases of stock-in-trade 20669000000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -4426400000
(d) Employee benefit expense 30445200000
(e) Finance costs 24311900000
(f) Depreciation, depletion and amortisation expense 15475600000
(f) Other Expenses
1 Loss from investments related to subsidiaries, associates and joint ventures 1846600000 1846600000
2 Other expenses 57373100000 57373100000
Total other expenses 59219700000
Total expenses 412801400000
3 Total profit before exceptional items and tax 51659700000
4 Exceptional items 0
5 Total profit before tax 51659700000
6 Tax expense
7 Current tax 12718900000
8 Deferred tax -43600000
9 Total tax expenses 12675300000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 38984400000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 4781400000
16 Total profit (loss) for period 43765800000
17 Other comprehensive income net of taxes 2549000000
18 Total Comprehensive Income for the period 46314800000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 40833200000
Total profit or loss, attributable to non-controlling interests 2932600000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 43297600000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 3017200000
21 Details of equity share capital
Paid-up equity share capital 5582500000
Face value of equity share capital 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 36.58
Diluted earnings (loss) per share from continuing operations 36.43
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 36.58
Diluted earnings (loss) per share from continuing and discontinued operations 36.43
24 Debt equity ratio 0.05
25 Debt service coverage ratio 0
26 Interest service coverage ratio 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. Notes to the financial results: Please refer pdf file. n n2.'Revenue from Operations' disclosed above inlcudes 'Revenue from Operations' and 'Income from investments related to subsidiaries, associates and joint ventures'. n n Quarter ended (01.04.2025 to 30.06.2025) : Rs.45,529.19 crores n Revenue from Operations : Rs.45,435.88 crores n Income from investments related to subsidiaries, associates and joint ventures : Rs.93.31 crores



Remarks

Debt equity ratio
Debt service coverage ratio 1) The value of Debt Service Coverage ratio is higher than the acceptable limit of the XBRL Template and hence entered as '0.00' n nActual Debt Service Coverage Ratio is as below- n Debt Service Coverage ratio (percentage) n Quarter ended (01.04.2025 to 30.06.2025): 1995% n n2) In the Consolidated results published, the debt service coverage ratio is expressed as a multiple (times), and not as a percentage. n nDebt debt service coverage ratio (times) is as below- n Quarter ended (01.04.2025 to 30.06.2025): 19.95
Interest service coverage ratio 1) The value of Interest Service Coverage ratio is higher than the acceptable limit of the XBRL Template and hence entered as '0.00' n nActual Interest Service Coverage Ratio is as below- n Interest Service Coverage ratio (percentage) n Quarter ended (01.04.2025 to 30.06.2025): 3174% n n2) In the Consolidated results published, the interest service coverage ratio is expressed as a multiple (times), and not as a percentage. n nInterest service coverage ratio (times) is as below- n Quarter ended (01.04.2025 to 30.06.2025): 31.74 n


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Automotive 259987100000 259987100000
2 Farm Equipment 108915600000 108915600000
3 Financial Services 49732300000 49732300000
4 Industrial Businesses and Consumer Services 49005600000 49005600000
Total Segment Revenue 467640600000
Less: Inter segment revenue 12348700000 12348700000
Revenue from operations 455291900000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Automotive 20618100000 20618100000
2 Farm Equipment 16310100000 16310100000
3 Financial Services 6837900000 6837900000
4 Industrial Businesses and Consumer Services 6884000000 6884000000
Total Profit before tax 50650100000
i. Finance cost 1544500000 1544500000
ii. Other Unallocable Expenditure net off Unallocable income -7335500000 -7335500000
Profit before tax 56441100000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Automotive 498921700000 498921700000
2 Farm Equipment 188041100000 188041100000
3 Financial Services 1428596800000 1428596800000
4 Industrial Businesses and Consumer Services 396239000000 396239000000
Total Segment Asset 2511798600000 2511798600000
Un-allocable Assets 328855900000 328855900000
Net Segment Asset 2840654500000 2840654500000
4 Segment Liabilities
Segment Liabilities
1 Automotive 297105800000 297105800000
2 Farm Equipment 106509300000 106509300000
3 Financial Services 1198217400000 1198217400000
4 Industrial Businesses and Consumer Services 165944300000 165944300000
Total Segment Liabilities 1767776800000 1767776800000
Un-allocable Liabilities 114443300000 114443300000
Net Segment Liabilities 1882220100000 1882220100000
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) The reportable segments are as follows: n na)Automotive: This segment comprises of sale of automobiles, two wheelers, spares, construction equipments and related services; n nb)Farm Equipment: This segment comprises of sale of tractors, implements, spares, powerol and related services; n nc)Financial Services: This segment comprises of offering financial products ranging from retail and other loans, SME finance, housing finance, mutual funds and life and non-life insurance broking services; n nd)'Industrial Businesses and Consumer Services' segment in consolidated results comprises of all other segments like IT services, Real Estate, Hospitality, Logistics, Steel trading and processing, Renewables, After-market, Defence, Agri, etc. that individually do not meet the reporting thresholds. n nIn the consolidated results, the reportable segments also include investments in associates and joint ventures in respective businesses.



Other Comprehensive Income

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss 266400000 266400000
Total Amount of items that will not be reclassified to profit and loss 266400000
2 Income tax relating to items that will not be reclassified to profit or loss -29000000
3 Amount of items that will be reclassified to profit and loss
1 (i) Items that will be reclassified to profit or loss 2414100000 2414100000
Total Amount of items that will be reclassified to profit and loss 2414100000
4 Income tax relating to items that will be reclassified to profit or loss 160500000
5 Total Other comprehensive income 2549000000





Details of Impact of Audit Qualification

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 BSR & Co LLP. Yes 31-Jul-2025