Balance Sheet
St_Notes16

16   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 38]

Provision for compensated absences

132.81

147.89

Provision for welfare scheme

0.45

0.84

0.45

0.84

132.81

147.89

Other provisions

Provision for warranties

118.25

56.89

0.45

0.84

251.06

204.78

      

Provision for warranties

    
Provision is made for estimated warranty claims in respect of vehicles 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

56.89

30.81

Arising during the year

154.46

62.87

Utilised during the year

93.10

36.79

At the end of the year

118.25

56.89