Investor Presentaiton
MRP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2023
NOTE 27: Reconciliation of tax expense and the accounting profit multiplied by India's domestic tax rate
Particulars
Accounting Profit before Income Tax
At statutory income tax rate of 25.168%
Short provision of tax for earlier assessment years
Effect of non-deductible expenses/other adjustments
Effect of deductions available under Income Tax Act
Total
Year Ended
31.03.2023.
(Crores)
Year Ended
31.03.2022
879.16
1119.20
281.68
221.27
13.18
9.15
11.59
(1.04)
(1.04)
302.97
231.82
NOTE 28: ADDITIONAL/EXPLANATORY INFORMATION
a.
Disclosure required by the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015; and section
186(4) of the Companies Act, 2013:
1.
Details of Investments made are given in Note 3
2.
3.
Amount of Loans and advances in the nature of loans outstanding from/to subsidiaries Nil (Previous year - * Nil)
Loans to employees have been considered to be outside the purview of disclosure requirements.
4.
Investment by Loanee in the shares of the Parent company - Nil (Previous year - Nil).
b.
C.
Lease Disclosure:
Maturity analysis of lease liabilities
Maturity Analysis - Contractual undiscounted cash flows
Less than 1 year
1-5 years
More than 5 years
31.03.2023
(Crores)
31.03.2022
127.17
467.96
100.80
369.82
238.85
158.24
833.98
628.86
(i)
Warranty
Total undiscounted lease liabilities as at 31st March, 2023
Movement in provisions as required by IND AS - 37 - "Provisions, Contingent Liabilities and Contingent Asset".
As at
Provided Used during
31.03.2022 during the year
the year
255.58
338.84
(238.82)
(263.86)
320.54
(245.97)
(ii)
Employee Benefits
68.74
30.80
Reversed during
Unwinding
the year
discounts
(Crores)
As at
31.03.2023
(3.46)
(1.13)
277.34
(255.58)
99.54
(102.16)
(12.58)
(46.00)
(iii) Litigation and related disputes
58.09
0.20
0.71
5.35
(70.00)
(4.20)
(16.11)
(iv) Corporate Social Responsibility (CSR)
16.30
11.64
9.09
(16.30)
(68.74)
52.23
(58.09)
18.85
(16.30)
135View entire presentation