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: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: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: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: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: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: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 Consolidated 352993900000.00 5105200000.00 358099100000.00 194703400000.00 19481900000.00 1033100000.00 26862800000.00 19448800000.00 11225900000.00 48672900000.00 321428800000.00 36670300000.00 0.00 36670300000.00 6549000000.00 2802600000.00 9351600000.00 0.00 27318700000.00 0.00 0.00 0.00 2451700000.00 29770400000.00 1757600000.00 31528000000.00 26584000000.00 3186400000.00 28251200000.00 3276800000.00 5572600000.00 5 23.86 23.76 0.00 0.00 23.86 23.76 0.00 0.06 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) : 5.88 Nine months ended (01.04.2023 to 31.12.2023): 12.63 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) : 20.32 Nine months ended (01.04.2023 to 31.12.2023): 23.84 Multi segment 2023-04-01 2023-12-31 Unaudited Consolidated 1036265400000.00 19092800000.00 1055358200000.00 580642400000.00 56460800000.00 -7797600000.00 79851600000.00 54989100000.00 33887300000.00 145113700000.00 943147300000.00 112210900000.00 0.00 112210900000.00 26914800000.00 1114300000.00 28029100000.00 0.00 84181800000.00 0.00 0.00 0.00 7267000000.00 91448800000.00 960800000.00 92409600000.00 85145600000.00 6303200000.00 85902200000.00 6507400000.00 5572600000.00 5 76.43 76.10 0.00 0.00 76.43 76.10 0.00 0.00 0.00 Loss from investments related to subsidiaries, associates and joint ventures 0.00 Other expenses 48672900000.00 Loss from investments related to subsidiaries, associates and joint ventures 33400000.00 Other expenses 145080300000.00 Automotive 193801300000.00 Farm Equipment 85998900000.00 Financial Services 40697000000.00 Industrial Businesses and Consumer Services 43466700000.00 Automotive 552483200000.00 Farm Equipment 266837500000.00 Financial Services 114167700000.00 Industrial Businesses and Consumer Services 130993800000.00 363963900000.00 1064482200000.00 10970000000.00 28216800000.00 352993900000.00 1036265400000.00 Automotive 15302900000.00 Farm Equipment 10506500000.00 Financial Services 8229100000.00 Industrial Businesses and Consumer Services 3740000000.00 Automotive 41951700000.00 Farm Equipment 35699700000.00 Financial Services 16677900000.00 Industrial Businesses and Consumer Services 16024900000.00 37778500000.00 110354200000.00 1510800000.00 4113500000.00 -2854300000.00 The reportable segments (for the all periods presented) are as follows: 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)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; d)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. 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 consolidated segment disclosures, the Company has reported four segments, namely Automotive, Farm Equipment, Financial Services and Industrial Businesses and Consumer Services. Financial Services is part of the Services vertical but reported separately as it meets the required quantitative threshold for separate reporting. Industrial Businesses and Consumer Services segment comprises all other segments that individually do not meet the threshold for separate reporting. 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. Share of profit/(loss) of associates and joint ventures continue to be presented separately in the consolidated results. -13237200000.00 39122000000.00 119477900000.00 Automotive 383482200000.00 Farm Equipment 177430700000.00 Financial Services 1135338500000.00 Industrial Businesses and Consumer Services 334448900000.00 2030700300000.00 219387300000.00 2250087600000.00 Automotive 225552500000.00 Farm Equipment 79861900000.00 Financial Services 964992700000.00 Industrial Businesses and Consumer Services 135690800000.00 1406097900000.00 101488500000.00 1507586400000.00 Items that will not be reclassified to profit or loss 232100000.00 Items that will not be reclassified to profit or loss 73000000.00 232100000.00 73000000.00 36200000.00 31400000.00 Items that will be reclassified to profit or loss 1687600000.00 Items that will be reclassified to profit or loss 915900000.00 1687600000.00 915900000.00 125900000.00 -3300000.00