|
Consolidated Statement of Profit and Loss |
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|---|---|---|---|---|---|---|
|
(₹ In Crore) |
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|
Particulars |
Note No. |
For the year ended 31 March |
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|
2025 |
2024 |
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|
|
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|
Revenue from contracts with customers |
49,266.95 |
43,782.08 |
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|
Other operating revenue |
1,727.60 |
1,088.35 |
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|
Revenue from operations |
50,994.55 |
44,870.43 |
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|
Other income |
1,474.41 |
1,436.02 |
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|
Total income |
52,468.96 |
46,306.45 |
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|
|
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|
Expenses |
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|
Cost of raw materials and components consumed |
32,194.31 |
29,267.47 |
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|
Purchase of traded goods |
3,036.47 |
2,702.10 |
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|
Changes in inventories of finished goods, work-in-progress and traded goods |
28.41 |
(76.34) |
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|
Employee benefits expense |
1,925.80 |
1,627.00 |
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|
Finance costs |
388.90 |
60.36 |
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|
Depreciation and amortisation expense |
414.23 |
364.77 |
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|
Other expenses |
3,439.05 |
2,636.17 |
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|
Expenses, included in above items, capitalised |
(97.22) |
(47.53) |
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|
Total expenses |
41,329.95 |
36,534.00 |
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|
|
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|
Share of profits/(loss) of associate |
(915.48) |
267.59 |
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|
|
||||||
|
Profit before tax |
10,223.53 |
10,040.04 |
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|
|
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|
Tax expense |
||||||
|
Current tax |
2,623.85 |
2,285.67 |
||||
|
Deferred tax |
63.69 |
46.13 |
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|
Deferred tax – Exceptional Item |
211.26 |
– |
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|
Total tax expense |
2,898.80 |
2,331.80 |
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|
|
||||||
|
Profit after tax |
7,324.73 |
7,708.24 |
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|
|
||||||
|
Profit attributable to non-controlling interest |
– |
– |
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|
|
||||||
|
Profit for the year |
7,324.73 |
7,708.24 |
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|
Other comprehensive income |
||||||
|
Items that will not be reclassified to profit or loss |
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|
Actuarial gains/(losses) of defined benefit plans |
20.53 |
33.70 |
||||
|
Tax impact on above |
(5.06) |
(8.58) |
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|
Changes in fair value of FVTOCI equity instruments |
1,474.17 |
831.82 |
||||
|
Tax impact on above |
(268.68) |
(93.24) |
||||
|
Items that will be reclassified to profit or loss |
||||||
|
Valuation gains/(losses) on derivative hedging instruments |
(32.43) |
– |
||||
|
Tax impact on above |
8.15 |
– |
||||
|
Changes in fair value of FVTOCI debt instruments |
0.52 |
– |
||||
|
Tax impact on above |
(0.13) |
– |
||||
|
Other adjustments – share of associate of subsidiary |
(5.87) |
(43.69) |
||||
|
Change in foreign currency translation reserve of subsidiary |
123.79 |
25.72 |
||||
|
|
||||||
|
Other comprehensive income (net of tax) |
1,314.99 |
745.73 |
||||
|
|
||||||
|
Total comprehensive income for the year |
8,639.72 |
8,453.97 |
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|
|
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|
Profit attributable to: |
||||||
|
Owners of the Company |
7,324.73 |
7,708.24 |
||||
|
Non-controlling interest |
– |
– |
||||
|
7,324.73 |
7,708.24 |
|||||
|
Total comprehensive income attributable to: |
||||||
|
Owners of the Company |
8,639.72 |
8,453.97 |
||||
|
Non-controlling interest |
– |
– |
||||
|
8,639.72 |
8,453.97 |
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|
|
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|
Earnings per share (in ₹) |
||||||
|
Basic Earnings per share (in ₹) |
262.4 |
272.7 |
||||
|
Diluted Earnings per share (in ₹) |
262.0 |
272.4 |
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|
(Nominal value per share ₹ 10) |
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|
Summary of material accounting policies followed by the Group |
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|
The accompanying notes are an integral part of the consolidated financial statements |
On behalf of the Board of Directors |
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|
As per our report of even date |
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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) |
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|
per Paul Alvares Partner Membership Number: 105754 Pune: 29 May 2025 |
Rajiv Gandhi Company Secretary |
Anami N. Roy Chairman – Audit Committee (DIN: 01361110) |