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Income Tax Benefit (Expense) (Tables)
12 Months Ended
Mar. 31, 2024
Disclosure Of Income Tax [Abstract]  
Schedule of Income Tax Recognised in Profit or Loss

Income tax recognised in profit or loss

 

 

 

For the year ended March 31

 

Particulars

 

2022

 

 

2023

 

 

2024

 

Current tax expense

 

 

 

 

 

 

 

 

 

Current period

 

 

(134

)

 

 

(873

)

 

 

(2,344

)

Current tax expense

 

 

(134

)

 

 

(873

)

 

 

(2,344

)

 

 

 

 

 

 

 

 

 

 

Deferred tax benefit (expense)

 

 

 

 

 

 

 

 

 

Origination and reversal of temporary differences

 

 

3,484

 

 

 

(3,880

)

 

 

9,148

 

Change in unrecognised temporary differences

 

 

(8,219

)

 

 

(7,131

)

 

 

4

 

Utilization of previously unrecognised tax losses

 

 

6,934

 

 

 

12,860

 

 

 

533

 

Recognition of previously unrecognized tax losses

 

 

 

 

 

 

 

 

118,253

 

Utilization/(reversal) of previously recognized tax losses

 

 

(958

)

 

 

 

 

 

(1,789

)

Deferred tax benefit (refer note 20)

 

 

1,241

 

 

 

1,849

 

 

 

126,149

 

 

 

 

 

 

 

 

 

 

Total

 

 

1,107

 

 

 

976

 

 

 

123,805

 

Schedule of Income Tax Recognized in Other Comprehensive Income

Income tax recognized in other comprehensive income

 

 

 

For the year ended March 31

 

 

 

2022

 

 

2023

 

 

2024

 

Particulars

 

Before tax

 

 

Tax
(expense)
benefit

 

 

Net of tax

 

 

Before tax

 

 

Tax
(expense)
benefit

 

 

Net of tax

 

 

Before tax

 

 

Tax
(expense)
benefit

 

 

Net of tax

 

Foreign currency translation differences on foreign operations

 

 

(18,943

)

 

 

 

 

 

(18,943

)

 

 

(48,879

)

 

 

 

 

 

(48,879

)

 

 

(9,862

)

 

 

 

 

 

(9,862

)

Equity instruments at FVOCI - net change in fair value

 

 

33,543

 

 

 

 

 

 

33,543

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Remeasurement of defined benefit liability

 

 

(426

)

 

 

 

 

 

(426

)

 

 

468

 

 

 

 

 

 

468

 

 

 

(1,212

)

 

 

248

 

 

 

(964

)

Total

 

 

14,174

 

 

 

 

 

 

14,174

 

 

 

(48,411

)

 

 

 

 

 

(48,411

)

 

 

(11,074

)

 

 

248

 

 

 

(10,826

)

Schedule of Reconciliation of Effective Tax Rate

Reconciliation of effective tax

 

 

 

 

 

 

 

 

 

For the Year Ended March 31

 

Particulars

 

 

 

 

 

 

 

2022

 

 

2023

 

 

2024

 

Profit (loss) for the year

 

 

 

 

 

 

 

 

(45,567

)

 

 

(11,168

)

 

 

216,743

 

Income tax benefit

 

 

 

 

 

 

 

 

1,107

 

 

 

976

 

 

 

123,805

 

Profit (loss) before tax

 

 

 

 

 

 

 

 

(46,674

)

 

 

(12,144

)

 

 

92,938

 

Income tax benefit using the Company's domestic tax rate

 

 

 

 

 

 

 

 

6,999

 

 

 

1,822

 

 

 

(13,981

)

Effect of tax rates in foreign jurisdictions

 

 

 

 

 

 

 

 

695

 

 

 

(3,191

)

 

 

(9,608

)

Non-deductible expenses

 

 

 

 

 

 

 

 

(3,392

)

 

 

(2,662

)

 

 

(420

)

Tax exempt income

 

 

 

 

 

 

 

 

383

 

 

 

402

 

 

 

62

 

Change in estimates related to previous years

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(482

)

Utilization of previously unrecognised tax losses

 

 

 

 

 

 

 

 

6,934

 

 

 

12,860

 

 

 

533

 

Change in unrecognised temporary differences

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4

 

Utilization/(reversal) of previously recognized tax losses

 

 

 

 

 

 

 

 

(958

)

 

 

 

 

 

(1,789

)

Current year losses for which no deferred tax asset was recognized

 

 

 

 

 

 

 

 

(1,328

)

 

 

(1,656

)

 

 

(1,389

)

Recognition of previously unrecognised tax losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

118,253

 

Recognition of previously unrecognised temporary differences

 

 

 

 

 

 

 

 

(8,219

)

 

 

(7,131

)

 

 

33,057

 

Others

 

 

 

 

 

 

 

 

(7

)

 

 

532

 

 

 

(435

)

Income tax benefit

 

 

 

 

 

 

 

 

1,107

 

 

 

976

 

 

 

123,805