Consol_ChangesInEquity

Consolidated Statement of Changes in Equity

A.  Equity share capital

(₹ In Crore)

Particulars

Note No.

For the year ended 31 March

2023

2022

   

At the beginning of the year

289.37

289.37

Changes in equity share capital due to prior period errors

–

–

Restated balance at the beginning of the current reporting period

289.37

289.37

Changes in equity share capital

(6.41)

–

At the end of the year

13

282.96

289.37

   

B.  Other equity

(₹ In Crore)

Particulars

Note No.

Attributable to owners

Total other equity

Non-controlling interest

Reserves and surplus

Other reserves

Treasury shares

General reserve

Retained earnings

Cash flow hedging reserve

Costs of hedging reserve

Foreign exchange difference of subsidiary on paid-up capital

Foreign currency translation reserve

FVTOCI reserve

Capital Reserve

Capital redemption reserve

Share based payments reserve

   

Balance as at 31 March 2021

14

5,887.60

20,357.85

148.90

(58.06)

0.27

574.30

88.43

–

–

16.91

(32.14)

26,984.06

0.01

Profit for the year

–

6,165.87

–

–

–

–

–

–

–

–

–

6,165.87

–

Recognition of share based payments to employees

–

–

–

–

–

–

–

–

–

15.36

–

15.36

–

Recognition of capital reserve on consolidation

–

–

–

–

–

–

–

63.14

–

–

–

63.14

–

Other comprehensive income (net of tax)

–

36.94

(94.57)

63.99

0.01

(113.99)

537.98

–

–

–

–

430.36

–

Total comprehensive income for the year ended 31 March 2022

–

6,202.81

(94.57)

63.99

0.01

(113.99)

537.98

63.14

–

15.36

–

6,674.73

–

   

Transactions with owners in their capacity as owners

Transfer from Retained earnings to General reserve

502.00

(502.00)

–

–

–

–

–

–

–

–

–

–

–

Treasury shares held by ESOP Trust

–

–

–

–

–

–

–

–

–

–

(37.37)

(37.37)

–

Final dividend for the year ended 31 March 2021

–

(4,051.14)

–

–

–

–

–

–

–

(4,051.14)

–

Balance as at 31 March 2022

14

6,389.60

22,007.52

54.33

5.93

0.28

460.31

626.41

63.14

–

32.27

(69.51)

29,570.28

0.01

   

Profit for the year

–

6,060.21

–

–

–

–

–

–

–

–

–

6,060.21

–

Recognition of share based payments to employees

–

–

–

–

–

–

–

–

–

29.82

–

29.82

–

Other comprehensive income (net of tax)

–

10.53

(54.33)

(5.93)

0.01

301.91

300.72

–

–

–

–

552.91

–

Total comprehensive income for the year ended 31 March 2023

–

6,070.74

(54.33)

(5.93)

0.01

301.91

300.72

–

–

29.82

–

6,642.94

–

   

Transactions with owners in their capacity as owners

Recognition of capital redemption reserve

–

(6.41)

–

–

–

–

–

–

6.41

–

–

–

–

Treasury shares held by ESOP Trust

–

–

–

–

–

–

–

–

–

–

5.78

5.78

–

Final dividend for the year ended 31 March 2022

–

(4,051.14)

–

–

–

–

–

–

–

(4,051.14)

–

Transaction costs on issue of shares

–

(1.81)

–

–

–

–

–

–

–

–

–

(1.81)

–

Share buyback and tax thereon

–

(3,087.47)

–

–

–

–

–

–

–

–

–

(3,087.47)

–

Balance as at 31 March 2023

14

6,389.60

20,931.43

–

–

0.29

762.22

927.13

63.14

6.41

62.09

(63.73)

29,078.58

0.01

Note: There are no changes in accounting policies or prior period errors during the current or previous year.

Summary of significant accounting policies followed by the Group

1

    

The accompanying notes are an integral part of the consolidated financial statements

On behalf of the Board of Directors

As per our report of even date

For S R B C & CO LLP

Chartered Accountants ICAI

Firm Registration Number: 324982E/E300003

Niraj Bajaj

Chairman
(DIN: 00028261)

Dinesh Thapar

Chief Financial Officer

Rajiv Bajaj

Managing Director
(DIN: 00018262)

per Arvind Sethi

Partner

Membership Number: 089802

Pune: 25 April 2023

Dr. J Sridhar

Company Secretary

Anami N. Roy

Chairman – Audit Committee

(DIN: 01361110)