Right-of-Use asset

12 Months Ended

Mar. 31, 2023

Disclosure of Right of use assets [Abstract]

Right-of-Use asset

5. Right-of-Use asset

	Category of Right-of-Use asset
	Land			Buildings			Plant and equipment (1)			Vehicles			Total
Gross carrying value:
As at April 1, 2021	₹	2,082		₹	18,844		₹	3,918		₹	926		₹	25,770
Additions		15			7,517			429			105			8,066
Additions through Business combinations		-			2,920			-			36			2,956
Disposals		(819	)		(3,360	)		(1,861	)		(149	)		(6,189	)
Translation adjustment		-			72			25			(14	)		83
As at March 31, 2022	₹	1,278		₹	25,993		₹	2,511		₹	904		₹	30,686
Accumulated depreciation:
As at April 1, 2021	₹	55		₹	6,703		₹	2,157		₹	435		₹	9,350
Depreciation		24			5,572			849			264			6,709
Disposals		(21	)		(2,667	)		(1,518	)		(121	)		(4,327	)
Translation adjustment		-			68			24			(8	)		84
As at March 31, 2022	₹	58		₹	9,676		₹	1,512		₹	570		₹	11,816
Net carrying value as at March 31, 2022													₹	18,870
Gross carrying value:
As at April 1, 2022	₹	1,278		₹	25,993		₹	2,511		₹	904		₹	30,686
Additions		-			6,015			1,109			236			7,360
Additions through Business combinations		-			201			-			-			201
Disposals		-			(5,085	)		(1,160	)		(317	)		(6,562	)
Translation adjustment		-			822			120			42			984
As at March 31, 2023	₹	1,278		₹	27,946		₹	2,580		₹	865		₹	32,669
Accumulated depreciation:
As at April 1, 2022	₹	58		₹	9,676		₹	1,512		₹	570		₹	11,816
Depreciation		19			5,651			614			238			6,522
Disposals		-			(3,564	)		(1,003	)		(263	)		(4,830	)
Translation adjustment		-			364			69			26			459
As at March 31, 2023	₹	77		₹	12,127		₹	1,192		₹	571		₹	13,967
Net carrying value as at March 31, 2023													₹	18,702

(1) Comprised of net carrying value of computer equipment.

The Company recognized the following expenses in the consolidated statement of income:

	Year ended March 31,
	2021		2022		2023
Interest expenses on lease liabilities	₹	798	₹	894	₹	1,176
Rent expense recognized under facility expenses pertaining to:
Leases of low-value assets	53		150			261
Leases with less than twelve months of lease term		1,876		2,392		2,732
	₹	2,727	₹	3,436	₹	4,169

Payments toward leases of low-value assets and leases with less than twelve months of lease term, are disclosed under operating activities in the consolidated statement of cash flows. All other lease payments during the period are disclosed under financing activities in the consolidated statement of cash flows.

Income from subleasing RoU assets is not material.

The Company is committed to certain leases amounting to ₹ 554 which have not commenced as of March 31, 2023. The term of such leases ranges from 4 to 6 years.

Refer to Note 19 for remaining contractual maturities of lease liabilities.