{"id":960,"date":"2025-07-02T11:49:30","date_gmt":"2025-07-02T11:49:30","guid":{"rendered":"https:\/\/investors.bajajauto.com\/ar25\/?page_id=960"},"modified":"2025-07-11T06:19:11","modified_gmt":"2025-07-11T06:19:11","slug":"financial-risk-management","status":"publish","type":"page","link":"https:\/\/investors.bajajauto.com\/ar25\/financial-risk-management\/","title":{"rendered":"Financial risk management"},"content":{"rendered":"\n<div class=\"row\"  id=\"row-1997051423\">\n\n\n\t<div id=\"col-982789872\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<a href=\"https:\/\/investors.bajajauto.com\/ar25\/notes-to-standalone-financial-statements\/\" class=\"button primary is-outline is-small lowercase\"  style=\"border-radius:10px;\">\n\t\t<span>Notes to Standalone Financial<\/span>\n\t<\/a>\n\n\n\t<div id=\"gap-1857320795\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1857320795 {\n  padding-top: 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{\n\tborder-top-color:#005dac;\n\tborder-top-style:solid;\n\tborder-top-width:1px;\n}\ntd._idGenCellOverride-24 {\n\tborder-right-color:#000000;\n\tborder-right-style:solid;\n\tborder-right-width:0px;\n}\ntd._idGenCellOverride-25 {\n\tborder-left-color:#000000;\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n\tborder-top-color:#005dac;\n\tborder-top-style:solid;\n\tborder-top-width:0px;\n}\ntd._idGenCellOverride-26 {\n\tborder-left-color:#000000;\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n}\ncol._idGenTableRowColumn-1 {\n\twidth:1150px;\n}\ntr._idGenTableRowColumn-2 {\n\tmin-height:33px;\n}\ncol._idGenTableRowColumn-3 {\n\twidth:200px;\n}\ncol._idGenTableRowColumn-4 {\n\twidth:15px;\n}\ncol._idGenTableRowColumn-5 {\n\twidth:300px;\n}\ncol._idGenTableRowColumn-6 {\n\twidth:257px;\n}\ncol._idGenTableRowColumn-7 {\n\twidth:349px;\n}\ntr._idGenTableRowColumn-8 {\n\tmin-height:27px;\n}\ntr._idGenTableRowColumn-9 {\n\tmin-height:63px;\n}\ntr._idGenTableRowColumn-10 {\n\tmin-height:45px;\n}\ntr._idGenTableRowColumn-11 {\n\tmin-height:66px;\n}\ncol._idGenTableRowColumn-12 {\n\twidth:920px;\n}\ncol._idGenTableRowColumn-13 {\n\twidth:100px;\n}\ntr._idGenTableRowColumn-14 {\n\tmin-height:26px;\n}\ntr._idGenTableRowColumn-15 {\n\tmin-height:29px;\n}\ncol._idGenTableRowColumn-16 {\n\twidth:1035px;\n}\ncol._idGenTableRowColumn-17 {\n\twidth:27px;\n}\ncol._idGenTableRowColumn-18 {\n\twidth:866px;\n}\ncol._idGenTableRowColumn-19 {\n\twidth:805px;\n}\ncol._idGenTableRowColumn-20 {\n\twidth:691px;\n}\ncol._idGenTableRowColumn-21 {\n\twidth:921px;\n}\ncol._idGenTableRowColumn-22 {\n\twidth:700px;\n}\ncol._idGenTableRowColumn-23 {\n\twidth:6px;\n}\ndiv._idGenObjectStyleOverride-1 {\n\tborder-width:0px;\n}\n\n\t\t<\/style>\n\t<\/head>\n\t<body id=\"St_Notes_33\">\n\t\t<div id=\"_idContainer000\" class=\"_idGenObjectStyleOverride-1\">\n\t\t\t<table id=\"table001\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-1\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-2\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Color_Head\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop20-Main_Head_Color\" lang=\"en-US\">33&#160;&#160;&#160;Financial risk management<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_Pop14-_-Pop14-Text\">&#160;&#160;&#160;<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">The Company\u2019s activities expose it to credit risk, liquidity risk and market risk (including foreign exchange risk). In order to minimise any adverse effects on the financial performance of the Company, derivative financial instruments such as foreign exchange forward contracts and foreign currency option contracts are entered to hedge certain foreign currency risk exposures. Derivatives are used exclusively for hedging purposes and not as trading or speculative instruments.<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">This note explains the sources of risk which the Company is exposed to and how the entity manages the risk and the impact of hedge accounting in the financial statements.<\/p>\n\t\t\t<table id=\"table002\" class=\"Annual-Report-Main-Table TableOverride-1\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-3\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-5\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-6\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-7\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Left- _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Left-\">Risk<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Left- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Left-\">Exposure arising from<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Left- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Left-\">Measurement<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Left- _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Left-\">Management<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">&#160;&#160;&#160;<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-6\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-9\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\" rowspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">Credit Risk<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">Cash and cash equivalents, financial assets measured at amortised cost and fair value through profit or loss <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Credit ratings<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Diversification of counterparties, diversification of investment limits, monitoring of counterparties basis credit rating <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-10\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">Derivative financial instruments<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Credit ratings<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Deal with reputed banks holding high credit risk rating.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">Trade receivables<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Credit Limit and Ageing analysis<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">No. of overdue days, monitoring of credit limits<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-10\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Liquidity Risk<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Other liabilities<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Maturity analysis<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Maintaining sufficient cash\/cash equivalents and marketable securities<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-11\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Market Risk &#8211; Foreign Exchange<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Highly probable forecast transactions and financial assets and liabilities not denominated in INR<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Sensitivity analysis<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text ParaOverride-2\">Forward foreign exchange contracts and foreign currency options.<\/p>\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text ParaOverride-3\"><span class=\"Bullet\">\u2022<\/span>&#160;&#160;&#160;Interest Rate Risk<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_Pop14-_-Pop14-Text\">&#160;&#160;&#160;&#160;<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">The Board of Directors provide guiding principles for overall risk management, as well as policies covering specific areas, such as foreign exchange risk, credit risk, use of derivative financial instruments and non-derivative financial instruments, and investment of available funds. The Company\u2019s risk management is carried out by a treasury department as per such policies approved by the Board of Directors. Accordingly, Company\u2019s treasury department identifies, evaluates and hedges financial risks.<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-19-00Indent_Bold\" lang=\"en-US\">A)&#160;&#160;&#160;Credit risk<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">Credit risk refers to the risk that a counterparty may default on its contractual obligations leading to a financial loss to the Company. Credit risk primarily arises from cash and cash equivalents, derivative financial instruments, financial assets measured at amortised cost, financial assets measured at fair value through profit or loss and trade receivables. None of the financial instruments of the Company result in material concentration of credit risk.<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-19-00Indent_Bold\" lang=\"en-US\">Credit risk management<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">For Derivative instruments exposures are extended with multiple banks holding high credit risk ratings.<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">In regard to Trade receivables, which are typically unsecured, credit risk is managed through credit approvals, establishing credit limits and continuously monitoring the credit worthiness of customers to whom credit is extended in the normal course of business. The Company follows a \u2018simplified approach\u2019 for recognition of impairment loss allowance on trade receivables. Accordingly, impairment loss allowance is recognised based on lifetime expected credit losses at each reporting date, right from its initial recognition. The provision rates are based on days past due; and the calculation reflects the probability weighted outcome, the time value of money and reasonable and supportable information that is available at the reporting date about past events, current conditions and forecasts of future economic conditions. <\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">Set out below is the information about the credit risk exposure of the Company\u2019s trade receivables using provision matrix:<\/p>\n\t\t\t<table id=\"table003\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-12\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-14\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Rupees_In_Crore _idGenCellOverride-7\" colspan=\"5\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop13-Rupees_In_Crore\" lang=\"en-US\">(<span class=\"plain-Text\">\u20b9<\/span><span class=\"CharOverride-1\">&#160;<\/span>In Crore)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Left- _idGenCellOverride-1\" rowspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Left-\">Particulars<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-As-at-31-March _idGenCellOverride-3\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-As-at-31-March\" lang=\"en-US\">As on 31 March<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-CY2025 _idGenCellOverride-9\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Color-\">2025<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell _idGenCellOverride-10\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-PY2024 _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Right-\">2024<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">&#160;&#160;&#160;&#160;<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-6\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">Estimated total gross carrying amount <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">2,297.09<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\"><span lang=\"en-US\">2,141.77<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">ECL<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-13\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">(14.45)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-14\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\"><span lang=\"en-US\">(19.37)<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Net carrying amount<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-GTotal-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">2,282.64<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-GTotal-Black- _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\"><span lang=\"en-US\">2,122.40<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_Pop14-_-Pop14-Text\">&#160;&#160;&#160;<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-19-00Indent_Bold\" lang=\"en-US\">Reconciliation of impairment allowance \u2013 Trade receivable<\/p>\n\t\t\t<table id=\"table004\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-16\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Left- _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Left-\">Particulars<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Left- _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Left- ParaOverride-4\"><span lang=\"en-US\">(<\/span><span class=\"CharOverride-2\" lang=\"en-US\">\u20b9<\/span><span lang=\"en-US\">&#160;In Crore)<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text-Bold- _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text-Bold-\">&#160;&#160;&#160;<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-6\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text-Bold- _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text-Bold-\"><span lang=\"en-US\">Impairment allowance as on 31 March 2023<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\"><span class=\"Bold-Text\" lang=\"en-US\">43.20<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">Changes in loss allowance<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">(23.83)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span class=\"Bold-Text\" lang=\"en-US\">Impairment allowance as on 31 March 2024<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\"><span class=\"Bold-Text\">19.37<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">Changes in loss allowance<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">(4.92)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span class=\"Bold-Text CharOverride-3\" lang=\"en-US\">Impairment allowance as on 31 March 2025<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color-Bold _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-Bold\" lang=\"en-US\">14.45<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_Pop14-_-Pop14-Text\">&#160;&#160;&#160;<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">For other financial assets, the Company has an investment policy which allows the Company to invest only with counterparties having a credit rating equal to or above AA+ and A1+. The Company reviews the creditworthiness of these counterparties on an on-going basis. Counter party limits maybe updated as and when required, subject to approval of Board of Directors.<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-19-00Indent_Bold\" lang=\"en-US\">B)&#9;Liquidity risk<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">The Company\u2019s principal source of liquidity are \u2018cash and cash equivalents\u2019 and cash flows that are generated from operations. The Company believes that its working capital is sufficient to meet the financial liabilities within maturity period. Apart from working capital facilities from banks which are repayable on demand, the Company has no outstanding long-term borrowings except sales tax deferral liability amounting to <span class=\"plain-Text\">\u20b9<\/span>&#160;127.64 crore which are interest free and are repayable after 8 years from the Balance Sheet date. Additionally, the Company has invested its surplus funds in fixed income securities or instruments of similar profile thereby ensuring safety of capital and availability of liquidity as and when required. Hence the Company carries a negligible liquidity risk.<\/p>\n\t\t\t<table id=\"table005\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-17\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-17\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-18\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-14\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Rupees_In_Crore _idGenCellOverride-7\" colspan=\"7\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop13-Rupees_In_Crore\" lang=\"en-US\">(<span class=\"plain-Text\">\u20b9<\/span>&#160;In Crore)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Left- _idGenCellOverride-1\" rowspan=\"2\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Left-\">Particulars<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-As-at-31-March CellOverride-1 _idGenCellOverride-3\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-As-at-31-March\" lang=\"en-US\">As at 31 March<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-CY2025 _idGenCellOverride-9\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Color-\">2025<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell _idGenCellOverride-10\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-PY2024 _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Right-\">2024 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-4\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">&#160;&#160;&#160;<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-6\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text-Bold- _idGenCellOverride-15\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text-Bold-\">The Company had<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-15\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Net working capital funds<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">4,424.56<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">1,631.48<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">which includes;<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">i)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Cash and cash equivalents <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">813.42<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">448.61<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">ii)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Current investments<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell _idGenCellOverride-17\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">5,583.45<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">3,837.98<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span class=\"CharOverride-4\">iii)<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span class=\"CharOverride-4\">Other bank balances<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-18\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">515.13<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">1,129.51<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">&#160;&#160;&#160;&#160;<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">The table below summarises the contractual maturities of financial liabilities as at 31 March 2025 and 31 March 2024: <\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-19-00Indent_Bold ParaOverride-5\" lang=\"en-US\">Maturities of financial liabilities<\/p>\n\t\t\t<table id=\"table006\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-19\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<thead>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-14\">\n\t\t\t\t\t\t<th class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Rupees_In_Crore _idGenCellOverride-7\" colspan=\"7\" scope=\"col\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop13-Rupees_In_Crore\" lang=\"en-US\">(<span class=\"plain-Text\">\u20b9<\/span>&#160;In Crore) <\/p>\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-9\">\n\t\t\t\t\t\t<th class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Left- _idGenCellOverride-1\" scope=\"col\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Left-\">Particulars<\/p>\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<th class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Right- _idGenCellOverride-2\" scope=\"col\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Right-\">Less than and equal <br \/>to 1 year<\/p>\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<th class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Right- _idGenCellOverride-2\" scope=\"col\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Right-\">More than 1 year<\/p>\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<th class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Right- _idGenCellOverride-3\" scope=\"col\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Right-\">Total<\/p>\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<th class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-4\" scope=\"col\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">&#160;&#160;&#160;<\/span><\/p>\n\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-6\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/thead>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text-Bold- _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text-Bold-\">As on 31 March 2025<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-3\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text-Bold- _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text-Bold-\">Non-Derivatives<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-3\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">Sales tax deferral (discounted)<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">127.64<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">127.64<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Trade payables<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">6,267.63<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">6,267.63<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">Short-term borrowings<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">800.00<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">800.00<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">Other financial liabilities<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-13\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">680.07<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-13\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">680.07<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text-Bold-\"><span lang=\"en-US\">Total non-derivative liabilities<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-Total-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">7,747.70<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-Total-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">127.64<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-Total-Color- _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">7,875.34<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text-Bold- _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text-Bold-\">&#160;&#160;&#160;<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-19\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-19\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-20\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text-Bold- _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text-Bold-\">As on 31 March 2024<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text-Bold- _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text-Bold-\">Non-Derivatives<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Sales tax deferral (discounted)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\"><span lang=\"en-US\">125.84<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\"><span lang=\"en-US\">125.84<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Trade payables<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">5,593.61<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">5,593.61<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Short-term borrowings<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">834.05<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">834.05<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-21\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Other financial liabilities<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-22\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\"><span lang=\"en-US\">551.41<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-22\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-14\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">551.41<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text-Bold- _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text-Bold-\"><span lang=\"en-US\">Total non-derivative liabilities<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-Total-Black- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\"><span lang=\"en-US\">6,979.07<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-Total-Black- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">125.84<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-Total-Black- _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">7,104.91<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_Pop14-_-Pop14-Text\">&#160;&#160;&#160;<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-19-00Indent_Bold\" lang=\"en-US\">C)&#160;&#160;&#160;Market risk<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-19-00Indent_Bold\" lang=\"en-US\">(i)&#160;&#160;&#160;Foreign currency risk<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">The Company has significant exports and is therefore exposed to foreign exchange risk arising from foreign currency transactions, primarily with respect to the US$. Foreign exchange risk arises from highly probable forecast transactions and recognised assets and liabilities denominated in a currency that is not the Company\u2019s functional currency (INR). The risk is measured through sensitivity analysis. The primary objective for forex hedging against anticipated foreign currency risks will be to hedge the Company&apos;s highly probable foreign currency cash flows arising from such transactions (thus reducing volatility of cash flow and profit). Due to the current stable foreign currency environment and Company\u2019s outlook on exchange rate movement, the Company decided not to hedge exports in current year. However, the Company continuously monitors this situation and may hedge export exposure based on market developments.<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">The Company\u2019s risk management policy permits the use of plain foreign exchange forward contracts and foreign currency option contracts including Foreign Currency &#8211; INR Option Cost Reduction Structures to hedge forecasted sales.<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">The Company also imports certain materials the value of which is not material as compared to value of exports. Currently, Company does not hedge this exposure. Nevertheless, Company may wish to hedge such exposures.<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">The Company uses a combination of foreign currency option contracts and foreign exchange forward contracts to hedge its exposure in foreign currency risk. The Company designates forward contracts in entirety and intrinsic value of foreign currency option contracts as the hedging instrument. To the extent these hedges are effective; the change in fair value of the hedging instrument is recognised through other comprehensive income in the \u2018Cash flow hedging reserve\u2019 within equity. The change in time value that relate to the hedged item (aligned time value) is recognised through other comprehensive income in \u2018Costs of hedging reserve\u2019 within equity. Amount recognised in equity is reclassified to profit or loss when the hedged item (i.e. forecasted export sales) affects statement of profit or loss. The ineffective portion of change in fair value of the hedging instrument and any residual time value (the non-aligned portion), if any, is recognised in the Statement of Profit and Loss immediately.<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">The intrinsic value of foreign exchange option contracts is determined with reference to the relevant spot market exchange rate. The differential between the contracted strike rate and the spot market exchange rate is defined as the intrinsic value. Time value of the option is the difference between fair value of the option and the intrinsic value.<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-19-00Indent_Bold\" lang=\"en-US\">Derivative<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">The Company enters into foreign exchange forward contracts with the intention to reduce the foreign exchange risk. These contracts are not designated in hedge relationships and are measured at fair value through profit and loss.<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">The fair values (Mark-to-market\/MTM) of foreign currency forward contracts outstanding as on 31 March 2025 and 31 March 2024 are as follows:<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent ParaOverride-5\">For foreign currency loan receivable:<\/p>\n\t\t\t<table id=\"table007\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-20\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Left- _idGenCellOverride-1\" rowspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Left-\">Particulars<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thinline-Color- _idGenCellOverride-2\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thinline-Color-\">31 March 2025<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thinline-Black- _idGenCellOverride-3\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thinline-Black-\">31 March 2024<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-9\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Color--Left- _idGenCellOverride-19\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text_Color-Bold- ParaOverride-4\"><span lang=\"en-US\">Notional In EURO Mn (Sell)<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell _idGenCellOverride-23\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Color--Left- _idGenCellOverride-19\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text_Color-Bold- ParaOverride-4\">MTM Gain\/(Loss)<br \/>(\u20b9&#160;In Crore) <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Right- _idGenCellOverride-9\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Right-\"><span lang=\"en-US\">Notional In EURO Mn (Sell)<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell _idGenCellOverride-10\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Right- _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Right-\"><span lang=\"en-US\">MTM Gain\/(Loss)<br \/>(<\/span><span class=\"CharOverride-2\" lang=\"en-US\">\u20b9<\/span><span lang=\"en-US\">&#160;In Crore) <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">&#160;&#160;&#160;<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-6\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-21\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Foreign currency forward contract<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-13\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">115.00<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-13\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">2.51<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-22\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-14\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text-Bold- _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text-Bold-\">Total<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-GTotal-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">115.00<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-GTotal-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">2.51<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-GTotal-Black- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-GTotal-Black- _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_Pop14-_-Pop14-Text\">&#160;&#160;&#160;&#160;&#160;<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-19-00Indent_Bold\" lang=\"en-US\">Open exposure<\/p>\n\t\t\t<p class=\"_Pop14-_-Pop14-Text\">The Company\u2019s exposure to foreign currency risk at the end of the reporting period are as follows:<\/p>\n\t\t\t<table id=\"table008\" class=\"Annual-Report-Main-Table TableOverride-2\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-21\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-14\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Rupees_In_Crore _idGenCellOverride-7\" colspan=\"5\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop13-Rupees_In_Crore\" lang=\"en-US\">(USD Million)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Left- _idGenCellOverride-24\" rowspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Left-\">Particulars<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell _idGenCellOverride-25\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-As-at-31-March _idGenCellOverride-3\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-As-at-31-March\" lang=\"en-US\">As at 31 March<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-15\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell _idGenCellOverride-26\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-CY2025 _idGenCellOverride-9\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Color-\">2025<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell _idGenCellOverride-10\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-PY2024 _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Right-\">2024 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">&#160;&#160;&#160;<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-6\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">Receivables<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">59.81<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">97.83<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">Payables<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">33.47<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">20.23<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\"><span lang=\"en-US\">Borrowings<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">100.00<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Others (EEFC balances)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">50.24<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">24.41<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_Pop14-_-Pop14-Text\">&#160;&#160;&#160;<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-19-00Indent_Bold\" lang=\"en-US\">Impact of hedging activities <\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">(a)&#160;&#160;&#160;Disclosure of effects of hedge accounting on financial position: NIL<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">(b)&#160;&#160;&#160;Disclosure of effects of hedge accounting on financial performance: NIL<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-19-00Indent_Bold\" lang=\"en-US\">Maturity of outstanding contracts<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">The details in respect of the maturity of outstanding foreign exchange forward contracts are given below:<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-19-00Indent_Bold\" lang=\"en-US\">On foreign currency loan receivable:<\/p>\n\t\t\t<table id=\"table009\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-22\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-23\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Left- _idGenCellOverride-1\" rowspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Left-\">Particulars<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thinline-Color- _idGenCellOverride-2\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thinline-Color-\">31 March 2025<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thinline-Black- _idGenCellOverride-3\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thinline-Black-\">31 March 2024<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-9\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Color--Left- _idGenCellOverride-19\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text_Color-Bold- ParaOverride-4\"><span lang=\"en-US\">Notional In EURO Mn (Sell)<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell _idGenCellOverride-23\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Color--Left- _idGenCellOverride-19\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text_Color-Bold- ParaOverride-4\">MTM Gain\/(Loss) <br \/>(\u20b9&#160;In Crore) <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Right- _idGenCellOverride-9\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Right-\"><span lang=\"en-US\">Notional In EURO Mn (Sell)<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell _idGenCellOverride-10\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Thickline-Black--Right- _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Thickline-Black--Right-\">MTM Gain\/(Loss) <br \/>(\u20b9&#160;In Crore) <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">&#160;&#160;&#160;<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-6\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Not later than 3 months<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">115.00<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">2.51<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Later than three months and not later than six months<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Later than six months and not later than one year<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text _idGenCellOverride-21\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text\">Later than one year and not later than two years<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-13\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure-Color- _idGenCellOverride-13\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-22\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Figure _idGenCellOverride-14\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Text-Bold- _idGenCellOverride-1\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Text-Bold-\">Total<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-GTotal-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">115.00<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-GTotal-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14-Figure-Color-\" lang=\"en-US\">2.51<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-GTotal-Black- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_-Pop14-Blank-Cell\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _Pop14-_Total-Lines_-Pop14-GTotal-Black- _idGenCellOverride-3\">\n\t\t\t\t\t\t\t<p class=\"_Pop14-_-Pop14--Figure\">\u2013<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_Pop14-_-Pop14-Text\">&#160;&#160;&#160;<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-19-00Indent_Bold\" lang=\"en-US\">(ii)&#9;Other risks<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">The Company has deployed its surplus funds into various financial instruments including units of mutual funds, bonds, fixed maturity plans, exchange traded funds, index funds etc. The Company is exposed to price risk on such investments, which arises on account of movement in interest rates, liquidity and credit quality of underlying securities.<\/p>\n\t\t\t<p class=\"_Pop14-19-_-Pop14-00Indent\">The Company has invested its surplus funds primarily in debt based mutual funds and fixed maturity plans. The value of investment in these mutual fund schemes is reflected though Net Asset Value (NAV) declared by the Asset Management Company on daily basis. The Company has not performed a sensitivity analysis on these mutual funds based on estimated fluctuations in their NAV as in management\u2019s opinion, such analysis would not display a correct picture.<\/p>\n\t\t<\/div>\n\t<\/body>\n<\/html>\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":744,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-960","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Financial risk management - Annual Report 2024-25<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investors.bajajauto.com\/ar25\/financial-risk-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financial risk management - 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