MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2021-22

CONSOLIDATED FINANCIAL POSITION OF THE M&M GROUP st As on 31 March, 2022, for the purpose of consolidation as per Indian Accounting Standards (Ind AS), the Group comprised of the agship holding company MAHINDRA & MAHINDRA LIMITED 162 Subsidiaries 29 Joint Ventures 27 Associates The Consolidated Group's Operating Revenue from continuing operations is Rs. 90,171 crores in the current year as compared to Rs. 74,278 crores in the previous year i.e. an increase of 21.4%. The consolidated prot before exceptional items and tax for the year from continuing operations is Rs. 7,092 crores as compared to Rs. 5,229 crores in the previous year i.e. an increase of 35.6%. The consolidated prot after tax after non-controlling interest and exceptional items from continuing operations is Rs. 6,577 crores as against Rs. 3,347 crores in the previous year i.e. an increase of 96.5%. The consolidated prot after tax after non-controlling interest and exceptional items for the year from continuing and discontinued operations is Rs. 6,577 crores as against Rs. 1,812 crores in the previous year i.e. an increase of 263%. Tech Mahindra Limited, Flagship Company in the IT Sector, has reported a consolidated operating revenue of Rs. 44,646 crores in the current year as compared to Rs. 37,855 crores in the previous year, an increase of 17.9%. Its consolidated prot after tax after non-controlling interests is Rs. 5,566 crores as compared to Rs. 4,428 crores in the previous year, an increase of 25.7%. The Group's nance company, Mahindra & Mahindra Financial Services Limited, a listed subsidiary of the Company (Mahindra Finance), reported a consolidated operating income of Rs. 11,318 crores during the current year as compared to Rs. 12,111 crores in the previous year, a decrease of 6.5%. The consolidated prot after tax after non-controlling interests for the year is Rs. 1,137 crores as compared to Rs. 773 crores in the previous year, registering an increase of 47.1%. Mahindra Finance customer base has crossed 7.9 million customers and currently has a network of over 1,384 ofces. COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS 136