Earnings per share

12 Months Ended

Mar. 31, 2021

Disclosure of Earnings per share [Abstract]

29.	Earnings per share

The calculation of basic earnings per share for the years ended March 31, 2021, 2020 and 2019 is based on the profit / (loss) attributable to ordinary shareholders of ₹1,531,862, ₹ 705,377 and ₹ 1,068,703 respectively and a weighted average number of shares outstanding of 179,533,536, 179,180,285 and 154,330,243 respectively, calculated as follows:

	Year ended
	March 31, 2021		March 31, 2020		March 31, 2019
Net profit – as reported		1,531,862		705,377		1,068,703

Weighted average number of shares – basic		179,533,536		179,180,285		154,330,243
Basic earnings per share		8.53		3.94		6.92

Weighted average number of shares – diluted		181,216,005		180,643,177		155,757,426
Diluted earnings per share		8.45		3.90		6.86

Weighted average number of ordinary shares basic

	Year ended March 31,
	2021		2020		2019
Issued fully paid ordinary shares on April 01, 2020		179,223,247		179,144,347		53,684,647
Effect of shares issued on exercise of stock options		310,289		35,938		226,075
Effect of partly paid shares		-		-		100,419,521
Weighted average number of equity shares and equivalent shares outstanding		179,533,536		179,180,285		154,330,243

Weighted average number of ordinary shares diluted

	Year ended March 31,
	2021		2020		2019
Weighted average number of ordinary shares (basic)		179,533,536		179,180,285		154,330,243
Effect of stock options (Note 1)		1,682,469		1,462,892		1,427,183
Weighted average number of equity shares outstanding (diluted)		181,216,005		180,643,177		155,757,426

Note 1: The Group has issued Associated Stock Options (ASOP 2014 - Refer Note 27) of which 7,780,278 options are outstanding as of March 31, 2021. These could potentially dilute basic earnings per share in the future