Notes to Consolidated Financial
Consol_Note43_Rev

43   Segment information

Segment information is based on the consolidated financial statements.

Segment wise revenue, results and capital employed for the year ended 31 March 2025

The Company’s Core Management Committee (CMC), examines the Groups performance both from a product and geographical perspective and has identified three reportable operative business segments. The group’s significant source of risk and rewards are derived from Automotive business Investments and Financing business, the performance of which is reviewed by the committee on a periodic basis and hence considered as individual operative segments.

(a)   Business segment

(₹ In Crore)

Particulars

Automotive

Investments

Financing

Consolidated

    

Revenue

External sales and other income*

49,982.13

1,445.98

1,040.85

52,468.96

Inter segment sales and other income

–

–

–

–

Total revenue

49,982.13

1,445.98

1,040.85

52,468.96

* includes Revenue from contracts with customers: ₹ 49,266.95 crore

    

Segment result**

8,769.75

1,443.72

78.15

10,291.62

Finance costs

68.09

–

–

68.09

Tax expense

–

–

–

2,898.80

Non-controlling interest

–

–

–

–

Profit for the year

8,701.66

1,443.72

78.15

7,324.73

** Components of Statement of profit and loss account like employee benefit expense, depreciation and amortisation expense and other expenses are not separately disclosed, as these are all majorly related to the automative segment of the Company.

     

Segment assets

12,061.70

26,135.15

10,972.90

49,169.75

Investments in associate of subsidiary

3,688.27

–

–

3,688.27

Unallocated corporate assets

–

–

–

1,340.59

Total assets

15,749.97

26,135.15

10,972.90

54,198.61

   

Segment liabilities

8,856.16

–

8,636.57

17,492.73

Unallocated corporate liabilities

–

–

–

235.77

Total liabilities

8,856.16

–

8,636.57

17,728.50

   

Capital employed (excluding unallocable)

6,893.81

26,135.15

2,336.33

35,365.29

Capital employed (unallocable)

1,104.82

Total capital employed

6,893.81

26,135.15

2,336.33

36,470.11

    

Reconciliation of segment liabilities

Total segment liabilities as above

17,728.50

Add: Considered as part of capital employed

Sales tax deferral

127.64

Deferred tax liabilities

1,123.03

Government grant (current and non-current)

30.69

Total liabilities as per Balance Sheet

19,009.86

   

Capital expenditure

851.12

–

27.82

878.94

Depreciation and write downs

409.30

–

4.93

414.23

     

(b) Geographic Segment

(₹ In Crore)

Particulars

India

Rest of the world

Consolidated

    

Segment revenue: External sales and other income

36,185.65

16,283.31

52,468.96

Segment assets

47,770.76

6,427.85

54,198.61

Capital expenditure

825.63

53.31

878.94

Segment wise Revenue, Results and Capital employed for the year ended 31 March 2024

The Company’s Core Management Committee (CMC), examines the Groups performance both from a product and geographical perspective and has identified two reportable operative business segments. The group’s significant source of risk and rewards are derived from Automotive business and Investments, the performance of which is reviewed by the committee on a periodic basis and hence considered as individual operative segments.

   

(a) Business segment

(₹ In Crore)

Particulars

Automotive

Investments

Financing

Consolidated

    

Revenue

External sales and other income*

44,870.14

1,419.66

16.65

46,306.45

Inter segment sales and other income

–

–

–

–

Total revenue

44,870.14

1,419.66

16.65

46,306.45

* includes Revenue from contracts with customers: ₹ 43,782.08 crore

     

Segment result

8,708.15

1,417.60

(25.35)

10,100.40

Finance costs

53.73

–

6.63

60.36

Tax expense

–

–

–

2,331.80

Non-controlling interest

–

–

–

–

Profit for the year

8,654.42

1,417.60

(31.98)

7,708.24

     

Segment assets

8,841.46

23,520.93

1,259.06

33,621.45

Investments in associate of subsidiary

4,820.40

–

–

4,820.40

Unallocated corporate assets

–

–

–

923.83

Total assets

13,661.86

23,520.93

1,259.06

39,365.68

     

Segment liabilities

8,707.68

–

1,009.38

9,717.06

Unallocated corporate liabilities

–

–

–

20.08

Total liabilities

8,707.68

–

1,009.38

9,737.14

    

Capital employed (excluding unallocable)

4,954.18

23,520.93

249.68

28,724.79

Capital employed (unallocable)

903.75

Total capital employed

4,954.18

23,520.93

249.68

29,628.54

     

Reconciliation of segment liabilities

Total segment liabilities as above

9,737.14

Add: Considered as part of capital employed

Sales tax deferral

125.84

Deferred tax liabilities

506.94

Government grant (current and non-current)

33.34

Total liabilities as per Balance Sheet

10,403.26

     

Capital expenditure

882.41

–

14.47

896.88

Depreciation and write downs

364.28

–

0.49

364.77

     

(b) Geographic Segment

(₹ In Crore)

Particulars

India

Rest of the world

Consolidated

   

Segment revenue: External sales and other income

31,764.57

14,541.88

46,306.45

Segment assets

32,938.95

6,426.73

39,365.68

Capital expenditure

894.59

2.29

896.88