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

Q1 FY23 results · Apr–Jun 2022

Mahindra & Mahindra reported revenue from operations of ₹28,412.38 crore (up 48.2% from Q1 FY22) and net profit of ₹2,360.70 crore for Q1 FY23 (Apr–Jun 2022), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY23	Q1 FY22	YoY	Q4 FY22	QoQ
Revenue from operations	28,412.38	19,171.91	+48.2%	25,934.40	+9.6%
Other income	216.01	196.25	+10.1%	281.07	−23.1%
Total income	28,628.39	19,368.16	+47.8%	26,215.47	+9.2%
Profit before share of associates & JVs and tax	2,451.30	(966.62)	Turned profit	2,695.27	−9.1%
Share of profit/(loss) of associates & JVs	442.66	416.93		560.38
Net profit for the period	2,360.70	(331.74)	Turned profit	2,608.13	−9.5%
Attributable to shareholders of the company	2,195.54	423.88	+418.0%	2,237.36	−1.9%
EPS, basic (₹)	19.74	3.82	+416.8%	20.13	−1.9%
Net margin (%)	8.3	-1.7		10.1

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 FY23	Q1 FY22	YoY	Q4 FY22	QoQ
Revenue from operations	19,612.64	11,762.78	+66.7%	17,123.98	+14.5%
Other income	238.58	205.21	+16.3%	238.70	−0.1%
Total income	19,851.22	11,967.99	+65.9%	17,362.68	+14.3%
Profit before tax	1,788.22	1,128.39	+58.5%	1,572.73	+13.7%
Net profit for the period	1,430.16	855.61	+67.2%	1,291.94	+10.7%
EPS, basic (₹)	11.95	7.16	+66.9%	10.80	+10.6%
Net margin (%)	7.3	7.3		7.5

Consolidated

Filed with BSE: 08 Aug 2022, 11:41 IST
Board meeting: 05 Aug 2022
Period: 01 Apr 2022 to 30 Jun 2022
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 08 Aug 2022, 11:41 IST
Board meeting: 05 Aug 2022
Period: 01 Apr 2022 to 30 Jun 2022
Review status: Unaudited
Source: XBRL filing on BSE