annual-report-FY2021

145 MAHINDRA & MAHINDRA LTD. INTEGRATED ANNUAL REPORT 2020-21 Mahindra Holidays & Resorts India Limited, the subsidiary in the business of timeshare, registered a consolidated operating income of Rs. 1,730 crores as compared to Rs. 2,372 crores in the previous year. The consolidated loss after tax after non-controlling interests for the year is Rs. 13 crores as compared to loss of Rs. 132 crores in the previous year. Mahindra Logistics Limited, a listed subsidiary in the logistics business has registered a consolidated operating income of Rs. 3,264 crores as compared to Rs. 3,471 crores in the previous year. The consolidated prot after tax after non-controlling interests for the year is Rs. 30 crores as compared to Rs. 55 crores in the previous year. Ssangyong Motor Company, the Korean subsidiary of the Company (under the Companies Act, 2013), treated as discontinued operation for the purpose of consolidation, has reported consolidated operating revenues of Rs. 18,763 crores in the current scal year* as compared to Rs. 21,707 crores in the previous year. The consolidated loss after tax after non-controlling interests for the year is Rs. 3,208 crores as compared to a consolidated loss of Rs. 2,045 crores in the previous year. *Fiscal year January 2020 to December 2020 Mahindra Lifespace Developers Limited, the subsidiary in the business of real estate and infrastructure, registered a consolidated operating income of Rs. 166 crores as compared to Rs. 611 crores in the previous year. The consolidated loss after tax after non-controlling interest for the year is Rs. 72 crores as compared to loss of Rs. 193 crores in the previous year.