Standalone_ChangeinEquity

Statement Of Changes In Equity

A.   Equity share capital

(₹ In Crore)

Particulars

Note No.

For the year ended 31 March

2023

2022

      

At the beginning of the year

289.37

289.37

Changes in equity share capital due to prior period errors

–

–

Restated balance at the beginning of the current reporting period

289.37

289.37

Changes in equity share capital during the year

(6.41)

–

At the end of the year

13

282.96

289.37

      

B.   Other equity

(₹ In Crore)

Particulars

Note No.

Reserves and surplus

Other reserves

Total other equity

General reserve

Retained earnings

Cash flow hedging reserve

Costs of hedging reserve

FVTOCI reserve

Capital redemption reserve

Share based payments reserve

Treasury shares

     

Balance as at 31 March 2021

14

5,887.60

18,861.25

148.90

(58.06)

88.43

–

16.91

(32.14)

24,912.89

     

Profit for the year

–

5,018.87

–

–

–

–

–

–

5,018.87

Recognition of share based payments to employees

–

–

–

–

–

–

15.36

–

15.36

Other comprehensive income (net of tax)

–

13.42

(94.57)

63.99

537.98

–

–

–

520.82

Total comprehensive income for the year ended 31 March 2022

–

5,032.29

(94.57)

63.99

537.98

–

15.36

–

5,555.05

     

Transactions with owners in their capacity as owners

Transfer from Retained earnings to General reserve

502.00

(502.00)

–

–

–

–

–

–

–

Treasury shares held by ESOP Trust

–

–

–

–

–

–

(37.37)

(37.37)

Final dividend for the year ended 31 March 2021

–

(4,051.14)

–

–

–

–

–

–

(4,051.14)

     

Balance as at 31 March 2022

14

6,389.60

19,340.40

54.33

5.93

626.41

–

32.27

(69.51)

26,379.43

     

Profit for the year

–

5,627.60

–

–

–

–

–

–

5,627.60

Recognition of share based payments to employees

–

–

–

–

–

–

29.82

–

29.82

Other comprehensive income (net of tax)

–

(1.58)

(54.33)

(5.93)

300.72

–

–

–

238.88

Total comprehensive income for the year ended 31 March 2023

–

5,626.02

(54.33)

(5.93)

300.72

–

29.82

–

5,896.30

     

Transactions with owners in their capacity as owners

Recognition of capital redemption reserve

–

(6.41)

–

–

–

6.41

–

–

–

Treasury shares held by ESOP Trust

–

–

–

–

–

–

–

5.78

5.78

Final dividend for the year ended 31 March 2022

–

(4,051.14)

–

–

–

–

–

–

(4,051.14)

Share buyback and tax thereon

–

(3,087.47)

–

–

–

–

–

–

(3,087.47)

     

Balance as at 31 March 2023

14

6,389.60

17,821.40

–

–

927.13

6.41

62.09

(63.73)

25,142.90

Note: There are no changes in accounting policies or prior period errors during the current or previous year.

Summary of significant accounting policies followed by the Company

1

     

The accompanying notes are an integral part of the financial statements.

On behalf of the Board of Directors

As per our report of even date

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 Arvind Sethi

Partner

Membership Number: 089802

Pune: 25 April 2023

Dr. J Sridhar

Company Secretary

Anami N. Roy

Chairman – Audit Committee

(DIN: 01361110)

Standalone_ChangeinEquity

Statement Of Changes In Equity

A.   Equity share capital

(₹ In Crore)

Particulars

Note No.

For the year ended 31 March

2023

2022

      

At the beginning of the year

289.37

289.37

Changes in equity share capital due to prior period errors

–

–

Restated balance at the beginning of the current reporting period

289.37

289.37

Changes in equity share capital during the year

(6.41)

–

At the end of the year

13

282.96

289.37

      

B.   Other equity

(₹ In Crore)

Particulars

Note No.

Reserves and surplus

Other reserves

Total other equity

General reserve

Retained earnings

Cash flow hedging reserve

Costs of hedging reserve

FVTOCI reserve

Capital redemption reserve

Share based payments reserve

Treasury shares

     

Balance as at 31 March 2021

14

5,887.60

18,861.25

148.90

(58.06)

88.43

–

16.91

(32.14)

24,912.89

     

Profit for the year

–

5,018.87

–

–

–

–

–

–

5,018.87

Recognition of share based payments to employees

–

–

–

–

–

–

15.36

–

15.36

Other comprehensive income (net of tax)

–

13.42

(94.57)

63.99

537.98

–

–

–

520.82

Total comprehensive income for the year ended 31 March 2022

–

5,032.29

(94.57)

63.99

537.98

–

15.36

–

5,555.05

     

Transactions with owners in their capacity as owners

Transfer from Retained earnings to General reserve

502.00

(502.00)

–

–

–

–

–

–

–

Treasury shares held by ESOP Trust

–

–

–

–

–

–

(37.37)

(37.37)

Final dividend for the year ended 31 March 2021

–

(4,051.14)

–

–

–

–

–

–

(4,051.14)

     

Balance as at 31 March 2022

14

6,389.60

19,340.40

54.33

5.93

626.41

–

32.27

(69.51)

26,379.43

     

Profit for the year

–

5,627.60

–

–

–

–

–

–

5,627.60

Recognition of share based payments to employees

–

–

–

–

–

–

29.82

–

29.82

Other comprehensive income (net of tax)

–

(1.58)

(54.33)

(5.93)

300.72

–

–

–

238.88

Total comprehensive income for the year ended 31 March 2023

–

5,626.02

(54.33)

(5.93)

300.72

–

29.82

–

5,896.30

     

Transactions with owners in their capacity as owners

Recognition of capital redemption reserve

–

(6.41)

–

–

–

6.41

–

–

–

Treasury shares held by ESOP Trust

–

–

–

–

–

–

–

5.78

5.78

Final dividend for the year ended 31 March 2022

–

(4,051.14)

–

–

–

–

–

–

(4,051.14)

Share buyback and tax thereon

–

(3,087.47)

–

–

–

–

–

–

(3,087.47)

     

Balance as at 31 March 2023

14

6,389.60

17,821.40

–

–

927.13

6.41

62.09

(63.73)

25,142.90

Note: There are no changes in accounting policies or prior period errors during the current or previous year.

Summary of significant accounting policies followed by the Company

1

     

The accompanying notes are an integral part of the financial statements.

On behalf of the Board of Directors

As per our report of even date

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 Arvind Sethi

Partner

Membership Number: 089802

Pune: 25 April 2023

Dr. J Sridhar

Company Secretary

Anami N. Roy

Chairman – Audit Committee

(DIN: 01361110)