Balance Sheet
Con_Note18

18   Provisions

( In Crore)

Particulars

Non-current

Current

As at 31 March

As at 31 March

2025

2024

2025

2024

    

Provision for employee benefits [See note 37 of financial statements]

Provision for gratuity

5.24

2.64

Provision for compensated absences

8.64

3.35

141.00

150.28

Provision for welfare scheme

0.45

0.84

14.33

6.83

141.00

150.28

Other provisions

Provision for warranties

120.72

56.90

14.33

6.83

261.72

207.18

     

Provision for warranties

      

Provision is made for estimated warranty claims in respect of products sold which are still under warranty at the end of the reporting period. These claims are expected to be settled in the next financial year. Management estimates the provision based on historical warranty claim information and any recent trends that may suggest future claims could differ from historical amounts.

     

( In Crore)

Particulars

As at 31 March

2025

2024

    

At the beginning of the year

56.90

30.98

Arising during the year

156.92

62.71

Utilised during the year

93.10

36.79

At the end of the year

120.72

56.90