Mahindra & Mahindra · NSE: M&M · BSE: 500520

Q1 FY21 results · Apr–Jun 2020

Mahindra & Mahindra reported revenue from operations of ₹16,321.34 crore (down 37.3% from Q1 FY20) and net profit of ₹54.64 crore (down 93.9% from Q1 FY20) for Q1 FY21 (Apr–Jun 2020), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY21	Q1 FY20	YoY	Q4 FY20	QoQ
Revenue from operations	16,321.34	26,041.02	−37.3%	20,182.28	−19.1%
Other income	198.78	248.46	−20.0%	317.27	−37.3%
Total income	16,520.12	26,289.48	−37.2%	20,499.55	−19.4%
Profit before share of associates & JVs and tax	(83.11)	1,154.87	Turned loss	(1,829.10)	Loss narrowed
Share of profit/(loss) of associates & JVs	251.32	287.03		68.33
Net profit for the period	54.64	894.11	−93.9%	(1,754.23)	Turned profit
Attributable to shareholders of the company	(97.62)	913.54	Turned loss	(1,334.58)	Loss narrowed
EPS, basic (₹)	(0.88)	8.25	Turned loss	(12.04)	Loss narrowed
Net margin (%)	0.3	3.4		-8.7

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q1 FY21	Q1 FY20	YoY	Q4 FY20	QoQ
Revenue from operations	5,602.18	12,922.72	−56.6%	9,143.72	−38.7%
Other income	127.79	319.11	−60.0%	314.71	−59.4%
Total income	5,729.97	13,241.83	−56.7%	9,458.43	−39.4%
Profit before tax	126.02	2,736.40	−95.4%	(1,948.03)	Turned profit
Net profit for the period	112.10	2,313.82	−95.2%	(2,502.42)	Turned profit
EPS, basic (₹)	0.94	19.42	−95.2%	(20.98)	Turned profit
Net margin (%)	2.0	17.9		-27.4

Consolidated

Filed with BSE: 07 Aug 2020, 18:59 IST
Board meeting: 07 Aug 2020
Period: 01 Apr 2020 to 30 Jun 2020
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 07 Aug 2020, 18:59 IST
Board meeting: 07 Aug 2020
Period: 01 Apr 2020 to 30 Jun 2020
Review status: Unaudited
Source: XBRL filing on BSE