MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23

Particulars 64,558 3,650 273 3,154 6,310 77,945 76.0 4.3 0.3 3.7 7.4 91.7 42,560 3,330 226 2,498 4,869 53,483 73.7 5.8 0.4 4.3 8.4 92.6 51.7 9.6 20.8 26.3 29.6 45.7 F23 Amount Amount % to Revenue from Operations % to Revenue from Operations % Increase F22 Material costs Employee benefits expense Finance costs Depreciation, amortisation and impairment expense Other expenses Total expenses (Rs. in crores) 137 Particulars 82,032 1,219 1,709 84,960 2,545 55,537 1,138 1,112 57,787 2,054 96.6 1.4 2.0 100.0 3.0 96.1 2.0 1.9 100.0 3.6 47.7 7.1 53.7 47.0 23.9 F23 Amount Amount % to Revenue from Operations % to Revenue from Operations % Increase F22 Sales of products Sale of services Other operating revenue Revenue from operations Other income (Rs. in crores) TRADE RECEIVABLE st st Trade Receivables are Rs. 4,042 crores as at 31 March, 2023, as compared to Rs. 3,039 crores as at 31 March, 2022. As a percentage of revenue st from sales of products and services, trade receivables are lower at 4.9%as at 31 March, 2023, as compared to 5.4% for the previous year mainly on account of higher volume. RESULTS OF OPERATIONS INCOME REVENUE FROM OPERATIONS & OTHER INCOME Sales volume in Auto segment witnessed an increase of 50% clocking 6,98,456 vehicles in the current year from 4,65,605 vehicles in the previous year. Increase in volumes combined with higher realisation led to Revenue from operations growing by 53.7% as compared to the previous year. st Other income during the year ended 31 March, 2023 at Rs. 2,545 crores is higher than Rs. 2,054 crores earned in the previous year mainly on account of higher dividend income in the current year as compared to previous year.