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

Q2 FY21 results · Jul–Sep 2020

Mahindra & Mahindra reported revenue from operations of ₹23,566.75 crore (down 1.5% from Q2 FY20) and net profit of ₹148.36 crore (down 59.7% from Q2 FY20) for Q2 FY21 (Jul–Sep 2020), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY21	Q2 FY20	YoY	Q1 FY21	QoQ
Revenue from operations	23,566.75	23,935.93	−1.5%	16,321.34	+44.4%
Other income	284.99	213.49	+33.5%	198.78	+43.4%
Total income	23,851.74	24,149.42	−1.2%	16,520.12	+44.4%
Profit before share of associates & JVs and tax	565.38	759.70	−25.6%	(83.11)	Turned profit
Share of profit/(loss) of associates & JVs	244.79	346.10		251.32
Net profit for the period	148.36	368.43	−59.7%	54.64	+171.5%
Attributable to shareholders of the company	135.56	348.14	−61.1%	(97.62)	Turned profit
EPS, basic (₹)	1.22	3.14	−61.1%	(0.88)	Turned profit
Net margin (%)	0.6	1.5		0.3

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	Q2 FY21	Q2 FY20	YoY	Q1 FY21	QoQ
Revenue from operations	11,710.46	11,076.05	+5.7%	5,602.18	+109.0%
Other income	392.59	827.74	−52.6%	127.79	+207.2%
Total income	12,103.05	11,903.79	+1.7%	5,729.97	+111.2%
Profit before tax	469.34	1,648.59	−71.5%	126.02	+272.4%
Net profit for the period	77.19	1,212.60	−93.6%	112.10	−31.1%
EPS, basic (₹)	0.65	10.17	−93.6%	0.94	−30.9%
Net margin (%)	0.7	10.9		2.0

Consolidated

Filed with BSE: 11 Nov 2020, 08:53 IST
Board meeting: 10 Nov 2020
Period: 01 Jul 2020 to 30 Sep 2020
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 11 Nov 2020, 08:53 IST
Board meeting: 10 Nov 2020
Period: 01 Jul 2020 to 30 Sep 2020
Review status: Unaudited
Source: XBRL filing on BSE