M&M2023-10-012023-12-31 M&M2023-10-012023-12-31 M&M2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member M&M2023-10-012023-12-31in-bse-fin:OneOperatingExpenses02Member M&M2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member M&M2023-10-012023-12-31in-bse-fin:FourOperatingExpenses02Member M&M2023-12-31 M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue01Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue02Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue03Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue04Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue05Member M&M2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue01Member M&M2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue02Member M&M2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue03Member M&M2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue04Member M&M2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue05Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults01Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults02Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults03Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults04Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults05Member M&M2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults01Member M&M2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults02Member M&M2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults03Member M&M2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults04Member M&M2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults05Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets01Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets02Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets03Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets04Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets05Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member M&M2023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member M&M2023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member M&M2023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities04Member M&M2023-12-31in-bse-fin:OneReportableSegmentLiabilities04Member M&M2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities05Member M&M2023-12-31in-bse-fin:OneReportableSegmentLiabilities05Member M&M2023-10-012023-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member M&M2023-10-012023-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member M&M2023-10-012023-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member M&M2023-10-012023-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500520 M&M NOTLISTED Mahindra & Mahindra Limited Equity 2023-04-01 2024-03-31 2024-02-14 2024-02-01 INR Crores Third quarter 11:00:00 13:33:00 2024-02-14 2024-02-14 Not applicable Multi segment 2023-10-01 2023-12-31 Unaudited Standalone 256423600000.00 3831500000.00 260255100000.00 178030000000.00 9586100000.00 3043800000.00 11342700000.00 348200000.00 8178700000.00 18518300000.00 229047800000.00 31207300000.00 0.00 31207300000.00 6427300000.00 240200000.00 6667500000.00 0.00 24539800000.00 0.00 0.00 0.00 0.00 24539800000.00 -83100000.00 24456700000.00 0.00 0.00 5994900000.00 5 20.47 20.40 0.00 0.00 20.47 20.40 0.00 0.00 0.00 1. Notes to the financial results: Please refer pdf file. 2.'Revenue from Operations' dislclosed above inlcudes' Revenue from Operations' and 'Income from investments related to subsidiaries, associates and joint ventures.' 3. The value of Debt Service Coverage ratio is higher than the acceptable limit of the XBRL Template and hence entered as '0.00' Actual Debt Service Coverage Ratio is as below- Debt Service Coverage ratio (times) Quarter ended (01.10.2023 to 31.12.2023) : 24.62 Half ended (01.04.2023 to 31.12.2023) : 46.14 4. The value of Interest Service Coverage ratio is higher than the acceptable limit of the XBRL Template and hence entered as '0.00' Actual Interest Service Coverage Ratio is as below- Interest Service Coverage ratio (times) Quarter ended (01.10.2023 to 31.12.2023) : 65.76 Half ended (01.04.2023 to 31.12.2023) : 70.19 Multi segment 2023-04-01 2023-12-31 Unaudited Standalone 757833700000.00 18598900000.00 776432600000.00 532257700000.00 30279400000.00 -6935800000.00 33052400000.00 1000900000.00 24618400000.00 53834900000.00 668107900000.00 108324700000.00 0.00 108324700000.00 20754700000.00 774100000.00 21528800000.00 0.00 86795900000.00 0.00 0.00 0.00 0.00 86795900000.00 75000000.00 86870900000.00 0.00 0.00 5994900000.00 5 72.42 72.15 0.00 0.00 72.42 72.15 0.00 0.00 0.00 Loss from investments related to subsidiaries, associates and Joint ventures 0.00 Other Expenses 18518300000.00 Loss from investments related to subsidiaries, associates and Joint ventures 1319400000.00 Other Expenses 52515500000.00 Auto Investments 49700000.00 Automotive 185766800000.00 Farm Equipment 67345500000.00 Farm Investments 0.00 Investments in Industrial Businesses and Consumer Services 3488800000.00 Auto Investments 1633000000.00 Automotive 536031500000.00 Farm Equipment 201096600000.00 Farm Investments 796500000.00 Investments in Industrial Businesses and Consumer Services 18859700000.00 256650800000.00 758417300000.00 227200000.00 583600000.00 256423600000.00 757833700000.00 Auto Investments 49700000.00 Automotive 15333400000.00 Farm Equipment 10415400000.00 Farm Investments 0.00 Investments in Industrial Businesses and Consumer Services 3500900000.00 Auto Investments 313500000.00 Automotive 44480400000.00 Farm Equipment 32906200000.00 Farm Investments 796500000.00 Investments in Industrial Businesses and Consumer Services 19062000000.00 29299400000.00 97558600000.00 348200000.00 1000900000.00 -2256100000.00 a) Automotive: This segment comprises of sale of automobiles, two wheelers, spares, construction equipments and related services; b) Farm Equipment: This segment comprises of sale of tractors, implements, spares, powerol and related services; c) Auto Investments: This segment in standalone results comprises of investments in automotive related subsidiaries, associates and joint ventures; d) Farm Investments: This segment in standalone results comprises of investments in farm equipment related subsidiaries, associates and joint ventures; e) 'Investment in Industrial Businesses and Consumer Services' segment in standalone 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. The Company is both an operating company, primarily having operations in the Automotive and Farm Equipment segments and a holding company with a portfolio of investments in subsidiaries, associates and joint ventures. The Company from the quarter ended 30th June 2023 has updated its segment disclosures and in its standalone results has reported five segments, namely Automotive, Farm Equipment, Auto Investments, Farm Investments and Investments in Industrial Businesses and Consumer Services. In the Standalone financial results, the segment related disclosures (i.e. segment revenue, segment results, segment assets and segment liabilities) for comparative periods have been reclassified to conform with the presentation and reporting in the current period. Further, the share of profit or loss and investments in associates and joint ventures are reported in their respective segments. Further, in accordance with the above change, the Company has reported the dividend, interest and other investment related income pertaining to the aforesaid investment segments as 'Income from Investments related to subsidiaries, associates and joint ventures' in the consolidated and standalone financial results as applicable. Similarly, loss pertaining to the aforesaid investment segments is reported as 'Loss from Investments related to subsidiaries, associates and joint ventures'. Such incomes (net) which were reported as 'Other income' in comparative periods have been reclassified to conform to current period presentation. -11767000000.00 31207300000.00 108324700000.00 Auto Investments 48444800000.00 Automotive 319539100000.00 Farm Equipment 110071100000.00 Farm Investments 22159200000.00 Investments in Industrial Businesses and Consumer Services 126662200000.00 626876400000.00 178920700000.00 805797100000.00 Auto Investments 0.00 Automotive 215330500000.00 Farm Equipment 46844300000.00 Farm Investments 285100000.00 Investments in Industrial Businesses and Consumer Services 0.00 262459900000.00 42207200000.00 304667100000.00 Total Amount of items that will not be reclassified to profit and loss 102800000.00 Total Amount of items that will not be reclassified to profit and loss 317600000.00 102800000.00 317600000.00 26100000.00 78300000.00 Total Amount of items that will be reclassified to profit and loss -213600000.00 Total Amount of items that will be reclassified to profit and loss -219600000.00 -213600000.00 -219600000.00 -53800000.00 -55300000.00