Page 260 - Index

Standalone
7. Intangible assets under development
Particulars As at
December 31, 2024
(C lakh)
As at
December 31, 2023
Software 1,631 878
Total 1,631 878
7.1 Movement of Intangible assets under development
(C lakh)
Particulars Amount
Balance as at 1 January 2023 938
Add : Additions during the year 949
Less: Capitalisation during the year (1,009)
Balance as at December 31, 2023 878
Add : Additions during the year 1,365
Less: Capitalisation during the year (612)
Balance as at December 31, 2024 1,631
7.2 Ageing for intangible assets under development
Ageing as at December 31, 2024:
Particulars Amount in intangible assets under development for a period of (C lakh)
Total
Less than
1 year
1-2 years 2-3 years More than
3 years
Projects in progress 1,366 265 - - 1,631
Projects temporarily suspended - - - - -
Ageing as at December 31, 2023:
Particulars Amount in intangible assets under development for a period of (C lakh)
Total
Less than
1 year
Project in progress 878 - - - 878
Projects temporarily suspended - - - - -
1-2 years 2-3 years More than
3 years
7.3 Personnel expenses to the extent of C 539 lakh (Previous year: C 534 lakh) is considered for capitalisation as
intangible assets.
7.4 As at December 31, 2024 and December 31, 2023, there were no project the completion of which was overdue or
exceeded cost compared to original plan.
8. Capital Work-in-progress
Particulars As at
December 31, 2024
(C lakh)
As at
December 31, 2023
Computers 85 -
Total 85 -
258 Annual Report 2024