annual-report-FY2021

144 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS CONSOLIDATED FINANCIAL POSITION OF THE M&M GROUP st As on 31 March, 2021, for the purpose of consolidation as per Indian Accounting Standards (Ind AS), the Group comprised of the agship holding company 167 SUBSIDIARIES 31 JOINT VENTURES 28 ASSOCIATES The Group's Revenue and Other income from continuing operations is Rs. 75,311 crores in the current year as compared to Rs. 76,411 crores in the previous year. The Consolidated Prot before exceptional items and tax for the current year from continuing operations is Rs. 5,229 crores as compared to Rs. 4,832 crores in the previous year. The Consolidated Prot for the year after exceptional items and tax and after deducting non-controlling interest from continuing operations is Rs. 3,347 crores as compared to Rs. 2,392 crores in the previous year. The Consolidated Profit for the year after exceptional items and tax, and after deducting non-controlling interest from continuing and discontinued operations is Rs. 1,812 crores as compared to Rs. 127 crores in the previous year. TechMahindra Limited, Flagship Company in the IT Sector, has reported a consolidated operating revenue of Rs. 37,855 crores in the current year as compared to Rs. 36,868 crores in the previous year, an increase of 3%. Its consolidated prot after tax after non-controlling interests is Rs. 4,428 crores as compared to Rs. 4,033 crores in the previous year, an increase of 10%. The Group's nance company, Mahindra & Mahindra Financial Services Limited (Mahindra Finance) , reported a consolidated operating income of Rs. 12,050 crores during the current year as compared to Rs. 11,883 crores in the previous year, a growth of 1%. The consolidated prot after tax after non-controlling interests for the year is Rs. 773 crores as compared to Rs. 1,075 crores in the previous year. Mahindra Finance customer base has crossed 7.31 million customers since inception and currently has a network of over 1,388 ofces and Total Assets under st Management of Rs. 90,775.83 crores as on 31 March, 2021 st as against Rs. 85,456.00 crores as on 31 March, 2020, a growth of 6.2%. MAHINDRA & MAHINDRA LIMITED