v3.26.1
Other financial assets, current
12 Months Ended
Mar. 31, 2026
Other Financial Assets Current  
Other financial assets, current

27. Other financial assets, current

 

   March 31, 
   2025   2026 
Interest accrued on term deposits   11,930    22,042 
Security deposits (net of allowance)*   51,938    57,788 
Others    854    939 
Total   64,722    80,769 

 

*Includes security deposit represents fair value of amount paid to landlord for the leased premises. As on March 31, 2026, remaining tenure for security deposits ranges from 1 month to 7 years (March 31, 2025: 3 months to 8 years).

 

Security deposit includes an amount of INR Nil (March 31, 2025: INR 40,319) maintained with ICICI Bank as a security deposit in relation to the legal proceedings with Ezeego One Travel & Tours Ltd. The proceedings have completed during the year ended March 31, 2026, and accordingly security deposit amount has been realised.

 

The movement in the allowance for doubtful other financial assets:

 

   2025   2026 
   March 31, 
   2025   2026 
Balance at the beginning of the year   78,725    1,448 
Amount written off during the year   (3,577)   - 
Adjusted on account of business combination   (73,700)    
Balance at the end of the year   1,448    1,448 

 

The movement in the Government Grant during the year was as follows:

 

   2025   2026 
   March 31, 
   2025   2026 
At 01 April   48,813    - 
Recorded/ (trued- up) in statement of profit/(loss)   -    - 
Sale of SEIS   (47,924)   - 
Loss on sale of SEIS   (889)   - 
At 31 March   -    - 

 

There are no unfulfilled conditions or contingencies attached to these grants.