Year ended

March 31, 2021

March 31, 2020

March 31, 2019

Interest income on bank deposits

56,134

32,094

26,025

Others

116,185

161,783

20,289

Finance income

172,319

193,877

46,314

Interest expense on lease obligations

0

171,824

14,747

Bank charges (including letter of credit, bill discounting and buyer’s credit charges)

62,160

118,290

97,757

Interest expense on borrowings

900,496

764,019

615,840

Finance expense

(962,656

)

(1,054,133

)

(728,344

)

Net finance income / (expense) recognized in profit or loss

(790,337

)

(860,256

)

(682,030

)