Integrated Annual Report 2024-2025

(` cr) Note 25 Employee benefit expenses 2024-25 2023-24 Salaries, wages and bonus (refer Note 29.6) 328.49 288.27 Contribution (net) to provident and other funds (refer Note 29.6) 22.73 21.62 Staff welfare 13.07 10.71 364.29 320.60 (` cr) Note 26 Finance costs 2024-25 2023-24 Interest on borrowings 0.07 0.03 Interest on financial liabilities at amortised cost 1.55 1.77 Interest on others 4.68 0.40 Other borrowing costs 0.01 0.05 6.31 2.25 (` cr) Note 27 Depreciation and amortisation expenses 2024-25 2023-24 Depreciation on property, plant and equipment (refer Note 2) 212.50 183.68 Amortisation of intangiable assets (refer Note 4) 0.54 0.54 213.04 184.22 (` cr) Note 28 Other expenses 2024-25 2023-24 Freight charges 210.11 139.29 Manpower services 86.53 73.27 Consumption of stores and spares 50.02 40.77 Conversion and plant operation charges 55.43 52.98 Plant and equipment repairs 99.52 89.41 Building repairs 46.79 37.95 Sundry repairs 11.80 11.86 Rent 4.93 2.92 Rates and taxes 3.63 1.91 Insurance 19.77 24.40 Commission 17.19 13.78 Auditors' remuneration1 0.87 0.78 Travelling and conveyance 22.48 21.93 Directors' fees and travelling 0.46 0.41 Directors' commission (other than the Executive Directors) 1.00 0.90 Bad debts and irrecoverable balances written off 3.70 4.75 Provision for doubtful debts (net) 2.61 (0.31) Loss on assets sold, discarded or demolished 3.86 2.30 Expenditure on corporate social responsibility initiatives (refer Note 29.15) 13.59 15.32 Miscellaneous expenses2 147.14 91.29 801.43 625.91 1Details of Auditors’ remuneration are as follows: 191 191 Corporate overview Performance overview ESG overview Statutory Reports Financial Statements

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