| (Rs.crore) |
|
Note |
Year ended
31/03/2023 |
Year ended
31/03/2022 |
| A. CASH FLOW FROM OPERATING ACTIVITIES |
| Profit/ (Loss) before Tax from Continuing Operations |
|
13,241 |
19,574 |
| Adjustment for : |
|
|
|
| |
Finance Costs |
35 |
3,646 |
3,768 |
| |
Depreciation and Amortization |
36 |
7,086 |
6,729 |
| |
Impairment Loss/ (Reversal) of Non-current Assets (Net) |
37 |
208 |
155 |
| |
Impairment Loss/ (Reversal) on Financial Assets (Net) |
38 |
11 |
155 |
| |
Equity Settled Share-Based Payment |
33 |
48 |
35 |
| |
Share in (Profit)/ Loss in Equity Accounted Investments (Net of Tax) |
51D |
(9) |
(6) |
| |
Unrealised Foreign Exchange (Gain)/ Loss (Net) |
|
(92) |
(113) |
| |
Unrealised (Gain)/ Loss on Derivative Transactions (Net) |
|
(631) |
353 |
| |
Fair Value (Gain)/ Loss on modification of borrowings (Net) |
|
(48) |
(183) |
| |
(Gain)/ Loss on Assets Held for Sale (Net) |
|
5 |
- |
| |
(Gain)/ Loss on Property, Plant and Equipment and Intangible Assets Sold/
Discarded (Net) |
29 |
41 |
100 |
| |
Interest Income |
29 |
(559) |
(225) |
| |
Dividend Income |
29 |
(34) |
(32) |
| |
Gains/(Loss) on Investments Measured at FVTPL (Net) |
29 |
(202) |
(359) |
| |
Exceptional (Income)/ Expenses (Net) |
|
(41) |
(5) |
| |
Changes in Cash Flow Hedges net of reclassification from OCI |
|
1 |
(34) |
| |
Amortisation of government grants |
|
(230) |
(255) |
| |
Other Non-operating (Income)/ Expenses (Net) |
|
4 |
69 |
| Operating Profit before Working Capital Changes |
|
22,445 |
29,726 |
| |
|
|
|
| Changes in Working Capital: |
|
|
|
| |
(Increase)/ Decrease in Inventories |
|
2,839 |
(13,690) |
| |
(Increase)/ Decrease in Trade Receivables |
|
5,751 |
(7,886) |
| |
(Increase)/ Decrease in Other Financial Assets |
|
198 |
(285) |
| |
(Increase)/ Decrease in Non-Current Assets |
|
(1,372) |
(1,434) |
| |
Increase/ (Decrease) in Trade Payables |
|
(6,409) |
12,683 |
| |
Increase/ (Decrease) in Financial Liabilities |
|
(1,280) |
983 |
| |
Increase/(Decrease) in Non Financial Liabilities (incl. contract liabilities) |
|
(184) |
497 |
| Cash Generation from Operation before Tax |
|
21,988 |
20,594 |
| Refund/ (Payment) of Income Tax (Net) |
|
(2,733) |
(3,773) |
| Net Cash Generated/ (Used) - Operating Activities - Continuing Operations |
|
19,255 |
16,821 |
| Net Cash Generated/ (Used) - Operating Activities - Discontinued Operations |
|
(47) |
17 |
| Net Cash Generated/ (Used) - Operating Activities |
|
19,208 |
16,838 |
| |
|
|
|
| B. CASH FLOW FROM INVESTMENT ACTIVITIES |
|
|
|
| Payments to acquire Property, Plant and Equipment, Intangible Assets and
Investment Property |
|
(9,842) |
(5,426) |
| Proceeds from disposal of Property, Plant and Equipment, Intangible Assets and
Investment Property |
|
100 |
71 |
| Net cash inflow on disposal of Subsidiaries |
|
24 |
66 |
| Acquisition of business, net of cash acquired |
|
- |
(412) |
| Investment in equity accounted investees |
|
(17) |
(1) |
| Return of Capital from Subsidiary |
|
- |
- |
| Investment in Equity Shares at FVTOCI |
|
(57) |
363 |
| (Purchase)/ Sale of Other Investments (Net) |
|
(214) |
4,226 |
| Loans and Deposits given |
|
(3,222) |
(6,214) |
| Receipt of Loans and Deposits given |
|
4,615 |
5 |
| Interest Received |
|
445 |
207 |
| Dividend Received |
|
34 |
32 |
| Lease payments received from finance lease |
|
13 |
9 |
| Net Cash Generated/ (Used) - Investing Activities - Continuing Operations |
|
(8,121) |
(7,074) |
| Net Cash Generated/ (Used) - Investing Activities - Discontinued Operations |
|
- |
- |
| Net Cash Generated/ (Used) - Investing Activities |
|
(8,121) |
(7,074) |
| |
|
|
|
| C. CASH FLOW FROM FINANCING ACTIVITIES |
|
|
|
| Proceeds from issue of Equity Shares (Including Share Application Money) |
|
- |
6 |
| Treasury Shares acquired by ESOP Trust |
|
(131) |
(94) |
| Proceeds from shares issued by ESOP Trust |
|
6 |
15 |
| Proceeds from Non-Current Borrowings |
|
701 |
14,197 |
| Pre-payment of Non-current Borrowings |
|
(3,451) |
(17,321) |
| Repayment of Non-Current Borrowings |
|
(6,174) |
(623) |
| Increase/ (Decrease) in Supplier's Credit (Net) |
|
3,214 |
2,161 |
| Principal Payments of Lease Liabilities |
|
(512) |
(337) |
| Proceeds from/ (Repayment of) Current Borrowings (Net) |
|
737 |
(852) |
| Finance Cost Paid |
|
(3,845) |
(3,250) |
| Dividend Paid |
|
(890) |
(667) |
| Net Cash Generated/ (Used) - Financing Activities - Continuing Operations |
|
(10,345) |
(6,765) |
| Net Cash Generated/ (Used) - Financing Activities - Discontinued Operations |
|
- |
- |
| Net Cash Generated/ (Used) - Financing Activities |
|
(10,345) |
(6,765) |
| Net Increase/ (Decrease) in Cash and Cash Equivalents |
|
742 |
2,999 |
| Add : Opening Cash and Cash Equivalents |
|
11,639 |
8,339 |
| Add : Effect of exchange variation on Cash and Cash Equivalents |
|
457 |
301 |
| Closing Cash and Cash Equivalents |
|
12,838 |
11,639 |
| |
|
|
|
| Reconciliation of Closing Cash and Cash Equivalents with Balance Sheet: |
|
|
|
| |
Cash and Cash Equivalents as per Balance Sheet |
15 |
12,840 |
11,639 |
| |
Less: Temporary Overdraft Balance in Current Accounts |
|
(2) |
- |
| |
Cash and Cash Equivalents as per Cash Flow Statement |
|
12,838 |
11,639 |
| |
|
|
|
| Supplemental Information |
|
|
|
| Non Cash Transactions from Investing and Financing Activities: |
|
|
|
| |
Acquisition of Right of Use Assets |
|
1,148 |
412 |
| Basis of Preparation and Significant Accounting Policies |
1 |
|
|