StandNote17_R

17 Deferred tax liabilities (net)

( In Crore)

Particulars

As at 31 March

2026

2025

     

Deferred tax liabilities

On account of timing difference in

Property, plant and equipment

220.70

198.06

    

Employee benefits:

Defined benefit plans provisions

5.16

     

Financial instruments :

Mutual funds including fixed maturity plans, ETFs

547.40

502.47

Financial assets at FVTOCI

269.26

479.09

Others

4.03

816.66

985.59

Gross deferred tax liabilities

1,037.36

1,188.81

    

Deferred tax assets

On account of timing difference in

Employee benefits:

Welfare scheme costs and others

0.08

0.11

Bonus provisions

1.72

1.72

Provision for privilege leave etc.

35.37

33.42

Defined benefit plans provisions

12.81

49.98

35.25

Financial instruments:

Amortisation on acquisition/liquidation of fixed income securities

4.27

13.77

     

Other items:

Provision for bad/doubtful debts and advances

5.65

4.65

Taxes, duties, others etc.

12.11

12.11

17.76

16.76

Gross deferred tax assets

72.01

65.78

    

965.35

1,123.03

      

Movement in deferred tax liabilities (net):

( In Crore)

Particulars

Property, plant and equipment

Financial instruments

Employee benefits

Other items

Total

      

At 31 March 2024

178.56

380.30

(33.92)

(18.00)

506.94

Charged/(credited)

to profit and loss

19.50

322.84

(2.13)

1.24

341.45

to other comprehensive income

268.68

5.96

274.64

At 31 March 2025

198.06

971.82

(30.09)

(16.76)

1,123.03

Charged/(credited)

to profit and loss

22.64

(155.40)

(19.89)

(1.00)

(153.65)

to other comprehensive income

(4.03)

(4.03)

At 31 March 2026

220.70

812.39

(49.98)

(17.76)

965.35