Notes to standalone financial
Note_40
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40 Lease |
As a lessor
The Company has given premises on operating leases. These lease arrangements range for a period between eleven months to nine years and include both cancellable and non cancellable leases. Most of the leases are renewable for further period on mutually agreeable terms and also include escalation clauses.
The total future minimum lease rentals for non cancellable leases, receivable at the Balance Sheet date is as under:
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(₹ In Crore) |
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Particulars |
As at 31 March |
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|
2023 |
2022 |
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|
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Receivable |
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Within one year |
26.48 |
22.02 |
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After one year but not more than five years |
48.97 |
49.43 |
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|
More than five years |
1.80 |
0.26 |
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|
77.25 |
71.71 |
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