|
6 Loans |
||||||||
|
(₹ In Crore) |
||||||||
|
Particulars |
Non-current |
Current |
||||||
|
As at 31 March |
As at 31 March |
|||||||
|
2025 |
2024 |
2025 |
2024 |
|||||
|
|
||||||||
|
Employee loans |
1.94 |
2.06 |
2.59 |
3.21 |
||||
|
Loan to related party* |
460.44 |
71.90 |
36.84 |
– |
||||
|
Loans (considered good – unsecured)* |
21.40 |
– |
– |
– |
||||
|
Receivable from financing service business |
||||||||
|
Secured term loans to customers under financing (against hypothecation of vehicles) |
6,049.87 |
505.20 |
3,453.41 |
205.64 |
||||
|
Less: Impairment loss allowance |
82.68 |
2.17 |
27.65 |
0.93 |
||||
|
5,967.19 |
503.03 |
3,425.76 |
204.71 |
|||||
|
6,450.97 |
576.99 |
3,465.19 |
207.92 |
|||||
|
* Details of loans |
||||||||||||||
|
(₹ In Crore) |
||||||||||||||
|
Particulars |
Maturity Date |
Rate of Interest p.a. |
Secured/ Unsecured |
Closing balance |
Maximum balance |
|||||||||
|
As at 31 March |
As at 31 March |
|||||||||||||
|
2025 |
2024 |
2025 |
2024 |
|||||||||||
|
|
||||||||||||||
|
Pierer Bajaj AG |
31 Dec 2025 |
3-month Euribor + 200 bps |
Unsecured |
36.84 |
71.90 |
71.90 |
71.90 |
|||||||
|
Pierer Bajaj AG |
25 Feb 2028 |
12-month Euribor + 800 bps |
Unsecured |
460.44 |
– |
460.44 |
– |
|||||||
|
Yulu Bikes Private Limited |
31 Dec 2026 |
10.6% |
Unsecured |
21.40 |
– |
21.40 |
– |
|||||||
Loan have been granted for funding needs of KTM AG Austria [ See note 45g for details]
See note 35 for disclosures related to credit risk, impairment of financial services receivables under expected credit loss model and related disclosure.