The Company is organized by two operating segments: IT Services and IT Products (Refer to Note 33). Goodwill as at March 31, 2025 and 2026 has been allocated to the IT Services operating segment.

For impairment testing, goodwill is allocated to a CGU representing the lowest level within the Group at which goodwill is monitored for internal management purposes, and which is not higher than the Company’s operating segment. Goodwill is tested for impairment at least annually in accordance with the Company’s procedure for determining the recoverable value of each CGU.

The recoverable amount of the CGU is determined based on FVLCD. The FVLCD of the CGU is determined based on the market capitalization approach, using the turnover and earnings multiples derived from observable market data. The fair value measurement is categorized as a level 2 fair value based on the inputs in the valuation techniques used.

Based on the above testing, no impairment was identified as at March 31, 2025 and 2026, as the recoverable value of the CGUs exceeded the carrying value. A sensitivity analysis to the change in the key parameters (turnover and earnings multiples) did not identify any probable scenarios where the CGU’s recoverable amount would fall below its carrying amount.

The movement in intangible assets is given below:


	Intangible assets
	Customer-related			Marketing-related			Total
Gross carrying value:
As at April 1, 2024	₹	43,672		₹	11,972		₹	55,644
Acquisition through Business combinations (Refer to Note 7)		1,896			-			1,896
Deductions/adjustments		(4,101	)		(2,518	)		(6,619	)
Translation adjustment		994			268			1,262
As at March 31, 2025	₹	42,461		₹	9,722		₹	52,183
Accumulated amortization/ impairment:
As at April 1, 2024	₹	18,281		₹	4,615		₹	22,896
Amortization and impairment (1)		6,327			1,582			7,909
Deductions/adjustments		(4,101	)		(2,518	)		(6,619	)
Translation adjustment		443			104			547
As at March 31, 2025	₹	20,950		₹	3,783		₹	24,733

Net carrying value as at March 31, 2025	₹	21,511		₹	5,939		₹	27,450

Gross carrying value:
As at April 1, 2025	₹	42,461		₹	9,722		₹	52,183
Acquisition through business combinations (Refer to Note 7)		5,644			1,109			6,753
Deductions/adjustments		(4,420	)		-			(4,420	)
Translation adjustment		4,387			1,122			5,509
As at March 31, 2026	₹	48,072		₹	11,953		₹	60,025
Accumulated amortization/ impairment:
As at April 1, 2025	₹	20,950		₹	3,783		₹	24,733
Amortization and impairment (1)		6,599			1,188			7,787
Deductions/adjustments		(4,420	)		-			(4,420	)
Translation adjustment		2,252			497			2,749
As at March 31, 2026	₹	25,381		₹	5,468		₹	30,849

Net carrying value as at March 31, 2026	₹	22,691		₹	6,485		₹	29,176

(1)

During the years ended March 31, 2025 and 2026, a decline in the revenue and earnings estimates led to a revision of recoverable value of customer-relationship intangible assets and marketing related intangible assets recognized on business combinations. Consequently, the Company has recognized impairment charge ₹ 1,155 and ₹ 851 for the years ended March 31, 2025 and 2026, respectively, as part of amortization and impairment.

Amortization expense on intangible assets is included in selling and marketing expenses in the consolidated statement of income.

As at March 31, 2026, the net carrying value and the estimated remaining amortization period for intangible assets acquired on acquisition are as follows:


Acquisition	Net carrying value		Estimated remaining amortization period
Capco - customer-related intangible	₹	14,013	4.08 years
Capco - marketing-related intangible		5,230	5.08 years
DTS - customer-related intangible		5,650	5.67 years
DTS - marketing-related intangible		1,045	2.67 years
AVT		1,602	0.21 - 4.72 years
Vara Infotech Private Limited		430	0.50 - 3.50 years
Aggne		392	0.87 - 1.87 years
Rational Interaction, Inc.		318	0.89 years
Eximius Design, LLC		371	1.40 years
Convergence Acceleration Solutions, LLC		125	2.03 years
Total	₹	29,176