|
Consolidated Statement of Profit and Loss |
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|---|---|---|---|---|---|---|
|
(₹ In Crore) |
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|
Particulars |
Note No. |
For the year ended 31 March |
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|
2026 |
2025 |
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|
|
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|
Revenue from contracts with customers & financial services |
60,386.43 |
49,266.95 |
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|
Other operating revenue |
2,518.57 |
1,727.60 |
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|
Total Revenue from operations |
62,905.00 |
50,994.55 |
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|
Other income |
2,182.22 |
1,474.41 |
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|
Total income |
65,087.22 |
52,468.96 |
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|
|
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|
Expenses |
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|
Cost of raw materials and components consumed |
38,760.86 |
32,194.31 |
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|
Purchase of traded goods |
3,254.63 |
3,036.47 |
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|
Changes in inventories of finished goods, work-in-progress and traded goods |
394.37 |
28.41 |
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|
Employee benefits expense |
2,461.44 |
1,925.80 |
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|
Finance costs |
1,168.59 |
388.90 |
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|
Depreciation and amortisation expense |
644.69 |
414.23 |
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|
Other expenses |
5,112.78 |
3,439.05 |
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|
Expenses, included in above items, capitalised |
(140.15) |
(97.22) |
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|
Total expenses |
51,657.21 |
41,329.95 |
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|
|
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|
Share of profits/(loss) of associate (net) |
560.74 |
(915.48) |
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|
|
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|
Profit before exceptional items and tax |
13,990.75 |
10,223.53 |
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|
|
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|
Exceptional items (net) – (gain)/loss |
39.21 |
– |
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|
|
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|
Profit before tax |
13,951.54 |
10,223.53 |
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|
|
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|
Tax expense |
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|
Current tax |
3,631.70 |
2,623.85 |
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|
Deferred tax |
(235.35) |
63.69 |
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|
Deferred tax- Exceptional Item |
(19.31) |
211.26 |
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|
Total tax expense |
3,377.04 |
2,898.80 |
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|
|
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|
Profit after tax |
10,574.50 |
7,324.73 |
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|
|
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|
Profit/(loss) attributable to non-controlling interest |
(169.71) |
– |
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|
|
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|
Profit for the year |
10,744.21 |
7,324.73 |
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|
Other comprehensive income |
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|
Items that will not be reclassified to profit or loss |
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|
Actuarial gains/(losses) of defined benefit plans |
(2.00) |
20.53 |
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|
Tax impact on above |
0.50 |
(5.06) |
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|
Changes in fair value of FVTOCI equity instruments |
(1,467.35) |
1,474.17 |
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|
Tax impact on above |
209.83 |
(268.68) |
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|
Bargain Purchase gain on step acquisition |
21.83 |
– |
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|
Items that will be reclassified to profit or loss |
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|
Valuation gains/(losses) on derivative hedging instruments |
35.51 |
(32.43) |
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|
Tax impact on above |
(8.20) |
8.15 |
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|
Changes in fair value of FVTOCI debt instruments |
(9.75) |
0.52 |
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|
Tax impact on above |
2.45 |
(0.13) |
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|
Foreign currency translation as share of associate of subsidiary |
(6.03) |
(5.87) |
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|
Change in foreign currency translation reserve of subsidiary |
(138.42) |
123.79 |
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|
|
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|
Other comprehensive income (net of tax) |
(1,361.63) |
1,314.99 |
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|
|
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|
Total comprehensive income for the year (net of tax) |
9,212.87 |
8,639.72 |
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|
|
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|
Profit attributable to: |
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|
Owners of the Company |
10,744.21 |
7,324.73 |
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|
Non-controlling interest |
(169.71) |
– |
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|
|
10,574.50 |
7,324.73 |
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|
Other comprehensive income attributable to: |
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|
Owners of the Company |
(1,361.63) |
1,314.99 |
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|
Non-controlling interest |
– |
– |
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|
|
(1,361.63) |
1,314.99 |
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|
Total comprehensive income attributable to: |
||||||
|
Owners of the Company |
9,382.58 |
8,639.72 |
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|
Non-controlling interest |
(169.71) |
– |
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|
9,212.87 |
8,639.72 |
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|
|
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|
Earnings per share (in J) attributable to owners of the parent |
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|
Basic Earnings per share (in ₹) |
385.0 |
262.4 |
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|
Diluted Earnings per share (in ₹) |
384.4 |
262.0 |
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|
(Nominal value per share ₹ 10 (previous year ₹ 10)) |
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|
Summary of material accounting policies followed by the Group |
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The accompanying notes are an integral part of the consolidated financial statements |
On behalf of the Board of Directors |
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|
As per our report of even date |
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For S R B C & CO LLP Chartered Accountants ICAI Firm Registration Number: 324982E/E300003 |
Niraj Bajaj Chairman (DIN: 00028261) |
|
|
|
Dinesh Thapar Chief Financial Officer |
Rajiv Bajaj Managing Director (DIN: 00018262) |
|
per Paul Alvares Partner Membership Number: 105754 Pune: 06 May 2026 |
Rajiv Gandhi Company Secretary |
Anami N. Roy Chairman – Audit Committee (DIN: 01361110) |