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|| Mahindra & Mahindra Financial Services Limited CIN : L65921MH1991PLC059642 Registered Office : Gateway Building , Apollo Bunder , Mumbai 400 001. Tel . No. +91 22 22895500 Fax : +91 22 22875485 Corporate Office : Mahindra Towers , 4th Floor , Dr. G.M. Bhosale Marg , Worli , Mumbai 400 018. Tel . No. +91 22 66526000 Fax : +91 22 24984170/71 Website : www.mahindrafinance.com ; Email : investorhelpline_mmfsl@mahindra.com STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2021 Revenue from operations i ) Interest income ii ) Dividend income iii ) Rental income iv ) Fees and commission Income £ § v ) Net gain on fair value changes vi ) Sale of services Total Revenue from operations Other income Total income ( I + II ) Expenses Finance costs Particulars 30 June 2021 ( Unaudited ) Quarter ended 31 March 2021 ( Audited ) ( refer note 5 ) Rs . in Crores Year ended 30 June 2020 31 March 2021 ( Unaudited ) ( Audited ) 2,465.22 2,895.50 2,992.39 11,703.79 0.12 0.12 4.72 4.02 3.35 17.11 17.31 27.98 10.00 75.59 15.68 9.07 20.67 50.04 46.58 63.99 30.09 203.61 2,549.51 17.33 3,000.56 37.81 3,056.62 12.06 12,050.26 120.24 2,566.84 3,038.37 3,068.68 12,170.50 i ) ii ) Fees and commission expense 1,151.08 22.87 1,226.11 30.08 iii ) Impairment on financial instruments ( refer note 9 , 10 , 11 and 12 ) 3,005.37 910.08 1,401.15 8.99 948.84 5,307.57 £ iv ) Employee benefits expenses 365.06 397.82 299.11 104.80 3,998.74 1,384.01 | v ) Depreciation , amortization and impairment 32.76 36.55 vi ) Other expenses 147.94 196.16 37.87 110.90 150.51 558.81 IV Total expenses 4,725.08 2,796.80 2,806.86 11,504.44 X ≤ < Profit / ( Loss ) before exceptional items , Share of profit / ( loss ) of associate & joint ventures and tax ( III - IV ) ( 2,158.24 ) 241.57 VI Exceptional item ( refer note 7 ) 261.82 228.54 666.06 228.54 VII Share of profit / ( loss ) of associate & joint ventures 16.89 14.08 13.42 39.54 VIII Profit / ( Loss ) before tax ( V + VI + VII ) ( 2,141.35 ) 255.65 503.78 934.14 IX Tax expense : i ) Current tax ii ) Deferred tax 1.43 ( 569.78 ) 357.48 1.11 512.28 ( 303.11 ) 70.55 ( 340.86 ) iii ) ( Excess ) / Short provision for Income Tax - earlier years 0.40 ( 17.56 ) ( 17.56 ) ( 567.95 ) 36.81 71.66 153.86 X Profit / ( Loss ) for the period / year ( VIII - IX ) ( 1,573.40 ) 218.84 432.12 780.28 XI Other Comprehensive Income ( OCI ) A ) ( i ) Items that will not be reclassified to profit or loss - Remeasurement gain / ( loss ) on defined benefit plans - Net gain / ( loss ) on equity instruments through OCI 0.29 1.26 3.73 ( 2.36 ) ( 12.55 ) 7.98 ( 4.56 ) ( ii ) Income tax relating to the above items Subtotal ( A ) ( 0.20 ) 2.82 ( 2.84 ) 1.82 0.09 ( 8.47 ) 8.87 ( 5.10 ) B ) ( i ) Items that will be reclassified to profit or loss - Exchange differences in translating the financial statements of foreign operations 4.99 1.06 1.58 ( 15.27 ) - Net gain / ( loss ) on debt instruments through OCI 33.02 ( 116.20 ) ( 2.56 ) ( 92.82 ) ( ii ) Income tax relating to the above items ( 8.31 ) 29.24 0.64 23.36 Subtotal ( B ) 29.70 ( 85.90 ) ( 0.34 ) ( 84.73 ) Other Comprehensive Income / ( Loss ) ( A + B ) 29.79 ( 94.37 ) 8.53 ( 89.83 ) XII Total Comprehensive Income / ( Loss ) for the period / year ( X + XI ) ( 1,543.61 ) 124.47 440.65 690.45 Profit / ( Loss ) for the period attributable to : Owners of the Company ( 1,573.72 ) 216.34 431.72 773.21 Non - controlling interests 0.32 ( 1,573.40 ) 2.50 218.84 0.40 432.12 7.07 780.28 Other Comprehensive Income / ( Loss ) for the period attributable to : Owners of the Company Non - controlling interests 29.89 ( 94.30 ) 8.45 ( 89.89 ) ( 0.10 ) ( 0.07 ) 0.08 29.79 ( 94.37 ) 8.53 0.06 ( 89.83 ) Total Comprehensive Income / ( Loss ) for the period attributable to : Owners of the Company ( 1,543.83 ) 122.04 440.17 683.32 Non - controlling interests 0.22 ( 1,543.61 ) 2.43 124.47 0.48 440.65 7.13 690.45 XIII Earnings per equity share ( face value of Rs.2 / - each ) # ( refer note 8 ) Basic ( Rupees ) ( 12.77 ) 1.76 4.80 6.99 Diluted ( Rupees ) ( 12.77 ) 1.75 4.80 6.98 # Earnings per share for the interim period is not annualized .