v3.25.2
Gratuity and other post-employment benefit plans (Tables)
12 Months Ended
Mar. 31, 2025
Disclosure of defined benefit plans [line items]  
Summary of employee benefit expense
a)
Consolidated statement of profit or loss and OCI

 

 

 

For the year ended March 31,

 

 

 

2023

 

 

2024

 

 

2025

 

 

2025

 

 

 

(INR)

 

 

(INR)

 

 

(INR)

 

 

(USD)

 

Net employees benefit expense recognised in 'Employee benefits expense'

 

 

 

 

 

 

 

 

 

 

 

 

Current service cost

 

 

52

 

 

 

73

 

 

 

95

 

 

 

1

 

Interest cost on benefit obligation

 

 

12

 

 

 

16

 

 

 

20

 

 

 

0

 

Net benefit expense*

 

 

64

 

 

 

89

 

 

 

115

 

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* This amount is inclusive of amount capitalised in different projects.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (expense) / income recognised in OCI

 

 

3

 

 

 

(18

)

 

 

50

 

 

 

1

 

Summary of defined benefit plan liability recognized in statement of financial position
b)
Consolidated statement of financial position

 

 

 

As at March 31,

 

 

 

2024

 

 

2025

 

 

2025

 

 

 

(INR)

 

 

(INR)

 

 

(USD)

 

Defined benefit liability

 

 

 

 

 

 

 

 

 

Present value of unfunded obligation

 

 

300

 

 

 

315

 

 

 

4

 

Net liability

 

 

300

 

 

 

315

 

 

 

4

 

Summary of change in present value of defined benefit obligation

 

 

For the year ended March 31,

 

 

 

2023

 

 

2024

 

 

2025

 

 

2025

 

 

 

(INR)

 

 

(INR)

 

 

(INR)

 

 

(USD)

 

Changes in the present value of the defined benefit obligation

 

 

 

 

 

 

 

 

 

 

 

 

Opening defined benefit obligation

 

 

189

 

 

 

231

 

 

 

300

 

 

 

4

 

Current service cost

 

 

52

 

 

 

73

 

 

 

95

 

 

 

1

 

Interest cost

 

 

12

 

 

 

16

 

 

 

20

 

 

 

0

 

Benefits paid

 

 

(20

)

 

 

(34

)

 

 

(50

)

 

 

(1

)

Remeasurements during the year due to:

 

 

 

 

 

 

 

 

 

 

 

 

- Experience adjustments

 

 

6

 

 

 

10

 

 

 

(8

)

 

 

(0

)

- Change in financial assumptions

 

 

(10

)

 

 

4

 

 

 

9

 

 

 

0

 

- Change in demographic assumptions

 

 

2

 

 

 

-

 

 

 

(51

)

 

 

(1

)

Closing defined benefit obligation

 

 

231

 

 

 

300

 

 

 

315

 

 

 

4

 

Summary of principal assumptions used in defined benefit plan
c)
Principal assumptions used in determining gratuity obligations

 

 

 

For the year ended March 31,

 

 

 

2023

 

 

2024

 

 

2025

 

Discount rate

 

 

7.40

%

 

 

7.20

%

 

 

6.60

%

Salary escalation

 

 

10.00

%

 

 

10.00

%

 

 

10.00

%

Summary of sensitivity analysis for significant actuarial assumptions

The Group regularly assesses these assumptions with the projected long-term plans and prevalent industry standards. The impact of sensitivity due to changes in the significant actuarial assumptions on the defined benefit obligations is given in the table below:

 

 

 

Change in

 

Impact on provision for gratuity as at March 31,

 

Particulars

 

assumptions

 

2024

 

 

2025

 

 

2025

 

 

 

 

 

(INR)

 

 

(INR)

 

 

(USD)

 

Discount rate

 

+ 0.5%

 

 

289

 

 

 

314

 

 

 

4

 

 

 

- 0.5%

 

 

312

 

 

 

330

 

 

 

4

 

Salary escalation

 

+ 0.5%

 

 

309

 

 

 

328

 

 

 

4

 

 

 

- 0.5%

 

 

292

 

 

 

316

 

 

 

4

 

Summary of maturity analysis of defined benefit payments
d)
Projected plan cash flow

The table below shows the expected cash flow profile of the benefits to be paid to the current membership of the plan based on past service of the employees as at the valuation date:

 

 

 

As at March 31,

 

Maturity profile

 

2024

 

 

2025

 

 

2025

 

 

 

(INR)

 

 

(INR)

 

 

(USD)

 

Within next 12 months

 

 

33

 

 

 

52

 

 

 

1

 

From 2nd to 5th year

 

 

127

 

 

 

192

 

 

 

2

 

From 6th to 9th year

 

 

122

 

 

 

117

 

 

 

1

 

From 10th year and beyond

 

 

299

 

 

 

108

 

 

 

1

 

 

Defined Contribution Plan [Member]  
Disclosure of defined benefit plans [line items]  
Summary of employee benefit expense

 

 

For the year ended March 31,

 

Defined contribution plan

 

2023

 

 

2024

 

 

2025

 

 

2025

 

 

 

(INR)

 

 

(INR)

 

 

(INR)

 

 

(USD)

 

Contribution to provident fund and other fund charged to consolidated statement of profit or loss (inclusive of amount capitalised in different projects)

 

 

210

 

 

 

311

 

 

 

347

 

 

 

4