The computation of Net Tangible Assets, as restated and consolidated; Operating Profit, as restated and consolidated; Net
Worth, as restated and consolidated, Monetary Assets, as restated and consolidated as derived from the Restated Consolidated
Financial Information, as at and for the financial years ended 31 March 2021, 31 March 2020 and 31 March 2019, is set forth

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‘Net Tangible Assets*, as restated and consolidated (A) ( in million) 6,472.25 4,435.54 1,988.55
Operating Profit**, as restated and consolidated (B) (@ in million) 1,283.98 911.68 605.51
Net Worth***, as restated and consolidated (C) (2 in million) 7,311.04 5,291.02 2,913.53
‘Monetary Assets#, as restated and consolidated (D) (2 in million) 1,490.99 1,406.92 499.07
Monetary Assets, as restated and consolidated as a % of Net Tangible Assets, 23.04% 31.72% 25.09%
as restated and consolidated (E)=(Dy/(A) (in %)

 

 

 

 

 

Source: Restated Consolidated Statement of Balance Sheet and Restated Consolidated Statement of Profit and Loss of the Company as included in the Draft
Red Herring Prospectus under the section “Financial Statements".

*Net Tangible Assets, Restated and consolidated, means the sum of all net assets of the Issuer and excluding intangible assets including goodwill, intangible
assets under development and deferred tax assets each on restated basis and as defined in Indian Accounting Standard 38
Calculation of restated Net Tangible Assets:

(@ in million)

 

 

 

 

 

 

 

 

 

 

 

Total assets (A) 15,656.58 13,486.96 9,587.11
Less: Intangible assets (B) (38.21) (17.78) (11.99)
Less: Goodwill (C) (414.51) (414.51) (414.51)
Less: Intangible assets under development (D) = (21.62) :
Less: Deferred tax assets (E) (386.07) (401.57) (498.47)
Total (F) = [A-B-C-D-E] 14,817.79 12,631.48 8,662.14
Non-current liabilities (G) 4,196.14 3,385.08 2948.15
Add: Current liabilities (H) 4,149.40 4,810.86 3,725.44
Total (1) = [G+H] 8,345.54 8,195.94 6673.59
Net Tangible Assets (restated and consolidated) (J=F-1) 6,472.25 4,435.54 1988.55,

 

 

 

 

 

 

’Restated and consolidated Operating Profit has been calculated as restated and consolidated net profit before tax excluding other income, finance cost and
net loss on fair value changes each on a restated and consolidated basis.

Calculation of restated Operating Profit:
(@ in million)

 

 

  

 

 

Profit / (Loss) before tax (A) 950.98 293.59 227.51
Less: Other income (B) (215.45) (172.84) (122.03)
‘Add: Finance costs (C) 548.45 467.96 500.03
‘Add: Net loss on fair value changes (D) = 322.97 .
Operating Profit (restated and consolidated) (E) = [A- 1,283.98 911.68 605.51
B+C+D]

 

 

 

 

 

 

‘*“"*Restated and consolidated [Net Worth] has been defined as the aggregate of share capital, other equity and non-controlling Interest of the Company on
restated basis.

Calculation of restated Net Worth:
(@ in million)

 

 

 

 

Share capital (A) 4.48 1.94 1.94
Other Equity (B) 7,301.05 5,276.08 2,911.43
Equity attributable to owners of the Company (C) = 7,305.53 5,278.02 2,913.37
[A+B]

Non- controlling interest (D) 5.51 13.00 0.16
‘Net Worth (restated and consolidated) (E) = [C+D] 7,311.04 5,291.02 2,913.53

 

 

 

 

 

 

# Restated and consolidated Monetary Assets = Cash on hand + balance with bank in current accounts + balance with bank in deposit accounts + other bank

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