Consolidated Statement of Changes in EquityA. Equity share capital(₹ In Crore) Particulars Note No. For the year ended 31 March 2022 2021At the beginning of the year 289.37 289.37 Changes in equity share capital due to prior period errors––Restated balance at the beginning of the current reporting period 289.37 289.37 Changes in equity share capital during the year––At the end of the year13 289.37 289.37 B. Other equity (₹ In Crore)Attributable to owners Non- controlling interest ParticularsNote No. Reserves and surplus Other reserves Total other equity General reserve Retained earnings Cash flow hedging reserve Costs of hedging reserve Foreign exchange difference of subsidiary on paid-up capital Foreign currency translation reserve FVTOCI reserve Capital Reserve Share based payments reserve Treasury shares Balance as at 31 March 202014 5,431.60 16,005.41 5.63 (121.81) 0.24 481.38 (413.13) – 10.01 (26.62) 21,372.71 0.01 Profit for the year – 4,857.02 – – – – – – – – 4,857.02 – Recognition of share based payments to employees – – – – – – – – 6.90 – 6.90 Other comprehensive income (net of tax) – (48.58) 143.27 63.75 0.03 92.92 501.56 – – – 752.95 – Total comprehensive income for the year ended 31 March 2021 – 4,808.44 143.27 63.75 0.03 92.92 501.56 – 6.90 – 5,616.87 – Transactions with owners in their capacity as ownersTransfer from Retained earnings to General reserve 456.00 (456.00) – – – – – – – – – – Treasury shares held by ESOP Trust – – – – – – – – – (5.52) (5.52) – Balance as at 31 March 202114 5,887.60 20,357.85 148.90 (58.06) 0.27 574.30 88.43 – 16.91 (32.14) 26,984.06 0.01 Profit for the year – 6,165.87 – – – – – – – – 6,165.87 – Recognition of share based payments to employees – – – – – – – – 15.36 – 15.36 – Recognition of capital reservce on consolidation – – – – – – – 63.14 – – 63.14 – Other comprehensive income (net of tax) – 36.94 (94.57) 63.99 0.01 (113.99) 537.98 – – – 430.36 – Total comprehensive income for the year ended 31 March 2022 – 6,202.81 (94.57) 63.99 0.01 (113.99) 537.98 63.14 15.36 – 6,674.73 – Transactions with owners in their capacity as ownersTransfer from Retained earnings to General reserve 502.00 (502.00) – – – – – – – – – – Final dividend for the year ended 31 March 2021 – (4,051.14) – – – – – ––– (4,051.14)–Treasury shares held by ESOP Trust – – – – – – – – – (37.37) (37.37) – Balance as at 31 March 202214 6,389.60 22,007.52 54.33 5.93 0.28 460.31 626.41 63.14 32.27 (69.51) 29,570.28 0.01 Note: There are no changes in accounting policies or prior period errors during the current or previous year.Summary of significant accounting policies followed by the Group1The accompanying notes are an integral part of the consolidated financial statementsAs per our report of even dateOn behalf of the Board of DirectorsFor S R B C & CO LLPChartered Accountants ICAI Firm Registration Number: 324982E/E300003per Arvind SethiPartner Membership Number: 089802Pune: 27 April 2022Niraj BajajChairmanRajiv BajajManaging DirectorMadhur BajajVice ChairmanDinesh ThaparChief Financial OfficerDr. J SridharCompany Secretary

Consolidated Statement of Changes in EquityA. Equity share capital(₹ In Crore) Particulars Note No. For the year ended 31 March 2022 2021At the beginning of the year 289.37 289.37 Changes in equity share capital due to prior period errors––Restated balance at the beginning of the current reporting period 289.37 289.37 Changes in equity share capital during the year––At the end of the year13 289.37 289.37 B. Other equity (₹ In Crore)Attributable to owners Non- controlling interest ParticularsNote No. Reserves and surplus Other reserves Total other equity General reserve Retained earnings Cash flow hedging reserve Costs of hedging reserve Foreign exchange difference of subsidiary on paid-up capital Foreign currency translation reserve FVTOCI reserve Capital Reserve Share based payments reserve Treasury shares Balance as at 31 March 202014 5,431.60 16,005.41 5.63 (121.81) 0.24 481.38 (413.13) – 10.01 (26.62) 21,372.71 0.01 Profit for the year – 4,857.02 – – – – – – – – 4,857.02 – Recognition of share based payments to employees – – – – – – – – 6.90 – 6.90 Other comprehensive income (net of tax) – (48.58) 143.27 63.75 0.03 92.92 501.56 – – – 752.95 – Total comprehensive income for the year ended 31 March 2021 – 4,808.44 143.27 63.75 0.03 92.92 501.56 – 6.90 – 5,616.87 – Transactions with owners in their capacity as ownersTransfer from Retained earnings to General reserve 456.00 (456.00) – – – – – – – – – – Treasury shares held by ESOP Trust – – – – – – – – – (5.52) (5.52) – Balance as at 31 March 202114 5,887.60 20,357.85 148.90 (58.06) 0.27 574.30 88.43 – 16.91 (32.14) 26,984.06 0.01 Profit for the year – 6,165.87 – – – – – – – – 6,165.87 – Recognition of share based payments to employees – – – – – – – – 15.36 – 15.36 – Recognition of capital reservce on consolidation – – – – – – – 63.14 – – 63.14 – Other comprehensive income (net of tax) – 36.94 (94.57) 63.99 0.01 (113.99) 537.98 – – – 430.36 – Total comprehensive income for the year ended 31 March 2022 – 6,202.81 (94.57) 63.99 0.01 (113.99) 537.98 63.14 15.36 – 6,674.73 – Transactions with owners in their capacity as ownersTransfer from Retained earnings to General reserve 502.00 (502.00) – – – – – – – – – – Final dividend for the year ended 31 March 2021 – (4,051.14) – – – – – ––– (4,051.14)–Treasury shares held by ESOP Trust – – – – – – – – – (37.37) (37.37) – Balance as at 31 March 202214 6,389.60 22,007.52 54.33 5.93 0.28 460.31 626.41 63.14 32.27 (69.51) 29,570.28 0.01 Note: There are no changes in accounting policies or prior period errors during the current or previous year.Summary of significant accounting policies followed by the Group1The accompanying notes are an integral part of the consolidated financial statementsAs per our report of even dateOn behalf of the Board of DirectorsFor S R B C & CO LLPChartered Accountants ICAI Firm Registration Number: 324982E/E300003per Arvind SethiPartner Membership Number: 089802Pune: 27 April 2022Niraj BajajChairmanRajiv BajajManaging DirectorMadhur BajajVice ChairmanDinesh ThaparChief Financial OfficerDr. J SridharCompany Secretary