Page 271 - Index

Mission-Critical Decisions, Made with Confidence.
other comprehensive income, items included in the general reserve will not be reclassified subsequently to the
retained earnings.
b) Securities premium
The amount received in excess of face value of the equity shares is recognised in securities premium.
c) Retained earnings
benefit obligation.
Retained earnings represent the cumulative profits of the Company and the effects of measurements of defined
d) Share-based payment reserve
The share-based payment reserve account is used to record the value of equity-settled share based payment
transactions with employees. The amounts recorded in this account are transferred to share premium upon exercise
of stock options by employees.
e) Currency fluctuation reserve
Exchange difference relating to the translation of the results and net assets of the Company’s foreign operations
from their respective functional currencies to the Company’s functional currency is recognised directly in other
comprehensive income and accumulated in the currency fluctuation reserve.
f) Other comprehensive income (OCI)
Other comprehensive income includes fair value changes in equity instruments and hedge reserve through OCI.
g) Hedge reserve
Forward contracts are stated at fair value at each reporting date. Changes in the fair value of the forward contracts
that are designated and effective as hedges of future cash flows are recognized directly in OCI and accumulated under
the hedging cash flow hedge reserve, net of applicable deferred income taxes.
h) Capital redemption reserve
The Company has recognised Capital Redemption Reserve on buyback of equity shares from its retained earnings.
The amount in capital redemption reserve is equal to nominal amount of the equity shares bought back.
i) Share application money pending allotment
It represent the amount received on the application on which allotment is not yet made (pending allotment).
22. Other financial liabilities (non-current)
Particulars As at
December 31, 2024
(C lakh)
As at
December 31, 2023
Employee related payables 2,536 2,392
Total 2,536 2,392
23. Provisions (non-current)
Particulars As at
December 31, 2024
(C lakh)
As at
December 31, 2023
Gratuity (refer to note 42) 4,601 3,543
Total 4,601 3,543
Annual Report 2024
269
Financial Statements