Note 30.12 Leases a) As a lessee i) Following are the changes in the carrying value of right-of-use assets: (` cr) Particulars As at March 31, 2025 As at March 31, 2024 Balance at the beginning of the year 3.99 4.65 Depreciation | Amortisation (0.69) (0.66) Balance at the end of the year 3.30 3.99 ii) Following movement in lease liabilities: (` cr) Particulars As at March 31, 2025 As at March 31, 2024 Balance at the beginning of the year 4.70 5.26 Finance cost accrued 0.28 0.30 Payment of lease liabilities (0.93) (0.88) Translation difference (0.01) 0.02 Balance at the end of the year 4.04 4.70 iii) The following table provides details regarding the contractual maturities of lease liabilities on an undiscounted basis: (` cr) Particulars As at March 31, 2025 As at March 31, 2024 Less than one year 0.95 0.91 One to five years 3.94 4.65 More than five years 1.33 1.27 Total 6.22 6.83 The Group does not face a significant liquidity risk with regard to its lease liabilities as the current assets are sufficient to meet the obligations related to lease liabilities as and when they fall due. Rent paid to lessor for short-term lease period is recognised into the Consolidated Statement of Profit and Loss as Rent in Note 29 ‘Other expenses’. Cash payments for the principal portion and interest of the lease liabilities are classified within financing activities and short-term lease payments within operating activities. b) As a lessor i) Operating lease T he Group has entered into operating leases on its office buildings and land. These are cancellable by the Group, having a term between 11 months and three years and have no specific obligation for renewal. Rents received are recognised in the Consolidated Statement of Profit and Loss as lease income in Note 23 ‘Other income’. ii) Finance lease The Group has given a building on finance lease for a term of 30 years and a machines for a term of 10 years. F uture minimum lease payments receivable under finance leases, together with the present value of the net minimum lease payments (MLP), are as under: 292 292 Integrated Annual Report 2024-25
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