M&M2023-04-012023-06-30 M&M2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member M&M2023-04-012023-06-30in-bse-fin:OneOperatingExpenses02Member M&M2023-06-30 M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue03Member M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue04Member M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults03Member M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults04Member M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets03Member M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets04Member M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member M&M2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member M&M2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member M&M2023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member M&M2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities04Member M&M2023-06-30in-bse-fin:OneReportableSegmentLiabilities04Member M&M2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member M&M2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500520 M&M NOTLISTED Mahindra & Mahindra Limited Equity 2023-04-01 2024-03-31 2023-08-04 2023-07-25 INR Crores First quarter 10:40:00 12:55:00 2023-08-04 2023-08-04 Not applicable Multi segment 2023-04-01 2023-06-30 Unaudited Consolidated 338916300000.00 8070500000.00 346986800000.00 180849700000.00 18061500000.00 5847600000.00 25830500000.00 17188400000.00 11275000000.00 45868100000.00 304920800000.00 42066000000.00 0.00 42066000000.00 8528400000.00 -688200000.00 7840200000.00 0.00 34225800000.00 0.00 0.00 0.00 2612900000.00 36838700000.00 -1235500000.00 35603200000.00 35084100000.00 1754600000.00 33779100000.00 1824100000.00 5569500000.00 5 31.50 31.37 0.00 0.00 31.50 31.37 0.00 0.14 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 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 (01.04.2023 to 30.06.2023) : 28.08 Loss from investments related to subsidiaries, associates and joint ventures 33400000.00 Other expenses 45834700000.00 Automotive 169988900000.00 Farm Equipment 97103700000.00 Financial Services 35476400000.00 Industrial Businesses and Consumer Services 44965300000.00 347534300000.00 8618000000.00 338916300000.00 Automotive 16393400000.00 Farm Equipment 14722200000.00 Financial Services 4704800000.00 Industrial Businesses and Consumer Services 8193500000.00 44013900000.00 1251900000.00 -1916900000.00 1. The reportable segments (for 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.In the consolidated results, the reportable segments also include investments in associates and joint ventures in respective businesses. 2. 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 that operate in segments, like Financial Services, IT services, Real estate, Hospitality, Logistics, Defence, Renewables, etc. The operational revenue and results of these investments get reflected in the consolidated results of the Company. As part of the group strategy and vision, the Company is focused on operational efficiencies and synergies and driving value creation through partnerships, mergers and acquisitions in order to generate periodic returns from these portfolio of investments/businesses. The CODM (Chief Operating Decision Maker) of the Company therefore manages investments/businesses, allocates capital and measures performance under three key verticals, namely Automotive, Farm Equipment and Services. Pursuant to this, the Company from quarter ended 30th June 2023 has updated its segment disclosures and in its consolidated results has now 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. Further, the share of profit or loss and investments in associates and joint ventures are now reported in their respective segments. 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, 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. 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. 44678900000.00 Automotive 336350400000.00 Farm Equipment 185672600000.00 Financial Services 1055626200000.00 Industrial Businesses and Consumer Services 328211500000.00 1905860700000.00 207498700000.00 2113359400000.00 Automotive 191668400000.00 Farm Equipment 95792500000.00 Financial Services 894112500000.00 Industrial Businesses and Consumer Services 129554100000.00 1311127500000.00 94633200000.00 1405760700000.00 Items that will not be reclassified to profit or loss 340500000.00 340500000.00 5900000.00 Items that will be reclassified to profit or loss -1613800000.00 -1613800000.00 -43700000.00