Ind AS Adjustments includes adjustments for Ind AS 116, in accordance with MCA Notification, our Company has elected to
apply the practical expedient of not assessing lease concessions as a lease modification for all lease concessions which are
granted due to COVID-19 pandemic. For further information, see "Restated Financial Information — Note 6" on page 237.

Company Adjusted PAT

The table below reconciles restated (loss) / profit after tax to Company Adjusted PAT, which is our PAT that has
been adjusted for lease contracts and the deferred tax impact on account of our adoption of Ind AS 116, for the

periods indicated.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Three Months ended
. June 30,
oe 2019 2020 2021 2020 2021
(@ million)
Restated (loss) / profit after tax 309.41 | 526.34 (35.39) (85.98) (189.96)
oe for lease contract and security deposit 79,48 122.24 87.41 24.99 23.74
Less: Deferred tax impact on lease contract accounting 22.81 43.78 98 76.66 (19.51)
Company Adjusted PAT 366.08 | 604.80 42.22 (137.65) (146.71)
Company Adjusted Return on Capital Employed
The table below reconciles capital employed to total assets. Capital Employed is calculated as total assets less
current liabilities, plus borrowings under current liabilities, current maturities of long-term debts and lease
liabilities under current liabilities, while ROCE is calculated as EBIT divided by capital employed. The ROCE
has been further adjusted for right of use assets, deferred tax impact and lease liabilities on account of our adoption
of Ind AS 116, for the periods indicated.
Fiscal Three Months ended
Particulars anaes
2019 2020 2021 2020 2021
@ million)
Total Assets 4,041.31 | 5,191.86 5,483.67 | 5,346.99 | 5,306.47
Current Liabilities 310.46 520.36 460.08 962.07 990.18
Capital Employed (1) 3,730.85 | 4,671.50 5,023.59 | 4,384.92 | 4,314.29
(Loss)/ Profit Before Tax 422.14 682.86 (31.35) |__ (245.16) | (183.74)
Interest 113.78 164,72 205.69 51.57 57.05
Company EBIT (II) 535.92 847.58 174.34 | (193.59) | (126.69)
ROCE % (ID)/(1) 14.36% | 18.14% 3.47% | (4.41)% | _(2.94)%
Total Assets (1) 3,730.85 | 4,671.50 5,023.59 | 4,384.92 | 4,314.29
Less: Right of use of assets (III) 1,377.37 | 1,947.14 2,006.14 | 2,066.43 | 2,051.29
Less: Deferred tax effect on lease asset accounting (IV) 22.81 43.78 53.59 120.45 34.08
Add: Lease liabilities 15.43, 273.66 45.86 621.03 637.21
Less: Security deposit discount effect in current assets 1.15 2.59 (2.09) 2.97 (2.03)
Company Adjusted Total Assets (V) = (1)-(III)-(IV) 2,347.25 | 2,956.83 3,007.63 | 2,822.04 | 2,864.10
Company Adjusted PAT 366.08 604.80 42.22 | (137.65) | (146.71)
Add: Interest 0.18 0.84 2.80 0.61 0.13
Add: Tax 135.54 200.30. 13.84 (82.52) (13.29)
Company Adjusted EBIT (VI) 501.80 805.94 58.86 | (219.56) | (159.87)
Company Adjusted ROCE % (VIII) = (VID) / (V) 21.38% | 27.26% 1.96% | _(7.78)% | _(5.58)%

 

 

 

 

 

 

 

Company Adjusted Return on Equity

The table below reconciles Adjusted Return on Equity to total equity. Company Adjusted Return on Equity is
calculated as Company Adjusted PAT divided by total equity.

312

 

 
