MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2023-24 360 45. Segment information (contd.) Operating Segments (contd.) Information regarding the Company’s reportable segments is presented below: Rupees crores Particulars 2024 Automotive Farm Equipment Auto Investments Farm Investments Investment in Industrial Businesses and Consumer Services Total Segment Eliminations Total Revenue External Revenue.............................................................................. 73,471.12 25,292.30 243.75 293.65 1,918.60 1,01,219.42 — 1,01,219.42 Inter Segment Revenue................................................................ 42.37 44.31 — — — 86.68 (86.68) — Income from operation.............................................................. 73,513.49 25,336.61 243.75 293.65 1,918.60 1,01,306.10 (86.68) 1,01,219.42 Results Segment Result.................................................................................. 6,199.45 4,116.00 80.11 213.72 1,933.79 12,543.07 — 12,543.07 Less: Finance costs........................................................................... 138.77 Add: Unallocated corporate income net of unallocated expenses..................................................................... 1,078.67 Profit before tax............................................................................. 13,482.97 Income Taxes........................................................................................ 2,765.17 Profit after tax.................................................................................. 10,717.80 Out of total external revenue above: Revenue from contracts with customers............................. 97,791.93 Revenue from other sources..................................................... 971.49 Income from investment related to subsidiaries, associates and joint ventures .................................................. 2,456.00 Total 1,01,219.42 Other Information Segment Assets.................................................................................. 31,497.92 11,083.20 5,807.15 2,418.73 13,235.24 64,042.24 — 64,042.24 Unallocated Corporate Assets.................................................. 19,769.14 Total Assets......................................................................................... 83,811.38 Segment Liabilities............................................................................ 22,004.65 5,432.73 — 24.94 — 27,462.32 — 27,462.32 Unallocated Corporate Liabilities 4,072.50 Total Liabilities................................................................................. 31,534.82 Additions to non current assets............................................. 3,941.43 1,056.34 — — — 4,997.77 — 4,997.77 Depreciation, amortisation and impairment expense.... 2,886.38 510.32 — — — 3,396.70 — 3,396.70 Information regarding the Company’s reportable segments is presented below: Rupees crores Particulars 2023 Automotive Farm Equipment Auto Investments Farm Investments Investment in Industrial Businesses and Consumer Services Total Segment Eliminations Total Revenue External Revenue.............................................................................. 59,251.14 25,709.12 63.99 61.20 2,343.60 87,429.05 — 87,429.05 Inter Segment Revenue................................................................ 51.63 35.20 — — — 86.83 (86.83) — Exceptional items gains for comparative periods included..................................................................................................... 784.42 Income from operation.............................................................. 59,302.77 25,744.32 63.99 61.20 2,343.60 87,515.88 (86.83) 86,644.63 Results Segment Result.................................................................................. 2,819.05 4,170.85 (1,388.04) (63.28) 2,268.74 7,807.32 — 7,807.32 Less: Finance costs 272.78
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