v3.25.2
Leases
12 Months Ended
Mar. 31, 2025
Presentation of leases for lessee [abstract]  
Leases
36)
LEASES

Leases as lessee

The Group leases properties mainly for office. The lease typically runs for a period of 1-12 years. Some leases also include common area maintenance charges along with monthly rentals.

Information about leases for which the Group is a lessee is presented below:

i) Right-of-use assets

The Group presents right-of-use assets that do not meet the definition of investment property as 'property, plant and equipment' with the same line item as it presents underlying assets of the same nature that it owns (refer note 18).

 

 

 

As at March 31

 

 

 

2024

 

 

2025

 

Opening balance

 

 

13,931

 

 

 

13,845

 

Additions to right-of-use assets

 

 

3,792

 

 

 

3,112

 

Acquired through business combination (refer note 7 (d))

 

 

109

 

 

 

 

Derecognition of right-of-use assets

 

 

(22

)

 

 

(113

)

Depreciation charged during the year

 

 

(3,767

)

 

 

(4,383

)

Effect of movements in foreign exchange rates

 

 

(198

)

 

 

(307

)

Closing Balance

 

 

13,845

 

 

 

12,154

 

 

ii) Amounts recognised in statement of profit or loss

 

 

 

For the year ended March 31

 

 

 

2023

 

 

2024

 

 

2025

 

Interest on lease liabilities (refer note 16)

 

 

1,554

 

 

 

1,783

 

 

 

1,697

 

Depreciation on right-of-use assets (refer note 18)

 

 

3,220

 

 

 

3,767

 

 

 

4,383

 

 

iii) Amounts recognised in statement of cash flows

 

 

 

For the year ended March 31

 

 

 

2023

 

 

2024

 

 

2025

 

Total cash outflows for leases (principal + interest)

 

 

3,969

 

 

 

4,888

 

 

 

5,460

 

iv) Extension option

Some property leases contain extension options exercisable by the Group for 3-5 years after the end of the non-cancellable contract period. Where practicable, the Group seeks to include extension options in new leases to provide operational flexibility. The extension options held are exercisable only by the Group and not by the lessors. The Group assesses at lease commencement date whether it is reasonably certain to exercise the extension options. The Group reassesses whether it is reasonably certain to exercise the options if there is a significant event or significant changes in circumstances within its control.