Intangible assets

12 Months Ended

Mar. 31, 2022

Disclosure Of Intangible Assets And Goodwill Explanatory [Abstract]

Disclosure of intangible assets and goodwill [text block]

6. Intangible assets

Intangible assets comprise the following:

	March 31, 2022		March 31, 2021		March 31, 2020
Goodwill		-		14,595		14,595
Other intangible assets		634,730		679,991		665,097
		634,730		694,586		679,692

(i) Goodwill

The following table presents the changes in goodwill during the years ended March 31, 2022 and 2021

	March 31, 2022			March 31, 2021
Balance at the beginning of the year		14,595			14,595
Effect of movement in exchange rates		-			-
Impairment loss recognized during the year		(14,595	)		-
Net carrying amount of goodwill		-			14,595

The amount of goodwill and impairment loss as of March 31, 2022 and March 31, 2021 has been allocated to Digital Services segment.

During the year, the company has discontinued the current affairs and sports channel of its portal sify.com pursuant to notification from the Government of India regulating the entities which have FDI of more than 49% to carry content relating to current affairs and sports. Consequently the eyeballs to the site would come down and hence the goodwill associated to this business has been impaired.

(ii) Other intangibles

The following table presents the changes in intangible assets during the years ended March 31, 2022, 2021 and 2020.

	Bandwidth Capacity		Software		License fees		Total
(A) Cost
Balance as of March 31, 2019		684,334		986,884		73,000		1,744,218
Acquisitions during the year		52,054		283,844		5,000		340,898
Disposals during the year		-		-		-		-
Balance as of March 31, 2020		736,388		1,270,728		78,000		2,085,116
Acquisitions during the year		-		307,506		-		307,506
Disposals during the year		-		-		-		-
Balance as of March 31, 2021		736,388		1,578,234		78,000		2,392,622
Acquisitions during the year		-		325,471		-		325,471
Disposals during the year		-		-		-		-
Balance as of March 31, 2022		736,388		1,903,704		78,000		2,718,093
(B) Amortization
Balance as of March 31, 2019		367,344		781,419		33,531		1,182,294
Amortization for the year		70,869		163,248		3,608		237,725
Impairment loss on intangibles		-		-		-		-
Balance as of March 31, 2020		438,213		944,667		37,139		1,420,019
Amortization for the year		74,482		214,980		3,150		292,612
Impairment loss on intangibles
Balance as of March 31, 2021		512,695		1,159,647		40,289		1,712,631
Amortization for the year		74,483		293,299		3,150		370,932
Impairment loss on intangibles
Balance as of March 31, 2022		587,178		1,452,946		43,439		2,083,363
(C) Carrying amounts
As of March 31, 2020		298,175		326,061		40,861		665,097
As of March 31, 2021		223,693		418,587		37,711		679,991
As of March 31, 2022		149,210		450,958		34,561		634,730

Intangible assets that were fully impaired / amortised were removed from the block.

Capital commitments

The Company had not committed to spend any amount under agreements to purchase intangible assets during the year ending March 31, 2022 and 2021.