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    Financial Statements

    Statement of Changes in Equity – Bank

    Note Other reserves (*)
    Stated capital



    Rs. ’000
    Statutory reserve
    fund

    Rs. ’000
    Retained
    earnings


    Rs. ’000
    Revaluation
    reserve


    Rs. ’000
    Fair value
    reserve


    Rs. ’000
    Foreign currency translation reserve
    Rs. ’000
    Employee share option reserve
    Rs. ’000
    Special reserve


    Rs. ’000
    General reserve


    Rs. ’000
    Shareholders’ funds


    Rs. ’000
    Non- controlling interest

    Rs. ’000
    Total equity



    Rs. ’000
    Balance as at December 31, 2023 62,948,003 12,375,906 8,558,385 10,399,577 1,963,995 7,855,533 99,600 110,730,003 214,931,002 214,931,002
    Total comprehensive income for the year 2024
    Profit for the year 54,073,504 54,073,504 54,073,504
    Other comprehensive income, net of tax (419,134) 1,032,353 (10,890,433) (10,277,214) (10,277,214)
    Net actuarial gains/(losses) on defined benefit plans (419,134) (419,134) (419,134)
    Net fair value gains/(losses) on remeasuring financial assets
    measured at fair value through other comprehensive income
    55.3 1,032,353 1,032,353 1,032,353
    Net gains/(losses) arising from translating the
    Financial Statements of the foreign operations
    55.4 (10,890,433) (10,890,433) (10,890,433)
    Total comprehensive income for the year 2024 53,654,370 1,032,353 (10,890,433) 43,796,290 43,796,290
    Transactions with owners recognised directly in equity, contributions by and distributions to owners
    Proceeds from Right issue of Ordinary shares 51 22,543,555 22,543,555 22,543,555
    Issue of ordinary voting shares under employee share option plans 51 272,475 272,475 272,475
    Transfer o/a share-based payment transactions 51 , 55.5 19,017 (19,017)
    Transfer of cost o/a of expired ESOP shares (net of tax) 54 , 55.5 42,808 (61,154) (18,346) (18,346)
    Dividends to equity holders 2,234,044 (8,519,454) (6,285,410) (6,285,410)
    First & final dividend for 2023 satisfied in the form of cash 25 (5,913,644) (5,913,644) (5,913,644)
    First & final dividend for 2023 satisfied in the form of issue
    and allotment of new shares
    25 , 51 2,234,044 (2,628,286) (394,242) (394,242)
    Unclaimed dividend absorbed/(dividend paid) in respect of previous years 22,476 22,476 22,476
    Share-based payment transactions 55.5 22,180 22,180 22,180
    Transfers during the year 53 , 55 2,703,675 (38,405,169) 8,731,494 26,970,000
    Total transactions with equity holders 25,069,091 2,703,675 (46,881,815) (57,991) 8,731,494 26,970,000 16,534,454 16,534,454
    Balance as at December 31, 2024 88,017,094 15,079,581 15,330,940 10,399,577 2,996,348 (3,034,900) 41,609 8,731,494 137,700,003 275,261,746 275,261,746
    Note Other reserves (*)
    Stated capital



    Rs. ’000
    Statutory reserve
    fund

    Rs. ’000
    Retained
    earnings


    Rs. ’000
    Revaluation
    reserve


    Rs. ’000
    Fair value
    reserve


    Rs. ’000
    Foreign currency translation reserve
    Rs. ’000
    Employee share option reserve
    Rs. ’000
    Special reserve


    Rs. ’000
    General reserve


    Rs. ’000
    Shareholders’ funds


    Rs. ’000
    Non- controlling interest

    Rs. ’000
    Total equity



    Rs. ’000
    Total comprehensive income for the year 2025
    Profit for the year 58,487,291 58,487,291 58,487,291
    Other comprehensive income, net of tax 203,541 (176,649) 2,278,856 2,305,748 2,305,748
    Net actuarial gains/(losses) on defined benefit plans (56,155) (56,155) (56,155)
    Gain on disposal of investments in equity instruments 259,696 259,696 259,696
    Net fair value gains/(losses) on remeasuring financial assets measured
    at fair value through other comprehensive income
    55.3 (176,649) (176,649) (176,649)
    Net gains/(losses) arising from translating the Financial Statements
    of the foreign operations
    55.4 2,278,856 2,278,856 2,278,856
    Total comprehensive income for the year 2025 58,690,832 (176,649) 2,278,856 60,793,039 60,793,039
    Transactions with owners recognised directly in equity,
    contributions by and distributions to owners
    Issue of ordinary voting shares under employee share option plans 51 788,473 788,473 788,473
    Transfer o/a share-based payment transactions 51 , 55.5 14,021 (14,021)
    Dividends to equity holders 2,738,102 (15,278,798) (12,540,696) (12,540,696)
    First & final dividend for 2024 satisfied in the form of cash 25 (12,079,859) (12,079,859) (12,079,859)
    First & final dividend for 2024 satisfied in the form of issue
    and allotment of new shares
    25 , 1 2,738,102 (3,221,296) (483,194) (483,194)
    Unclaimed dividend absorbed/(dividend paid) in respect of previous years 22,357 22,357 22,357
    Share-based payment transactions 55.5 16,861 16,861 16,861
    Transfers during the year 53 , 55 2,924,365 (41,461,014) 1,136,649 37,400,000
    Total transactions with equity holders 3,540,596 2,924,365 (56,739,812) 2,840 1,136,649 37,400,000 (11,735,362) (11,735,362)
    Balance as at December 31, 2025 91,557,690 18,003,946 17,281,960 10,399,577 2,819,699 (756,044) 44,449 9,868,143 175,100,003 324,319,423 324,319,423

    (*) Among the components of other reserves, foreign currency translation reserve and fair value reserve related to the debt instruments at FVOCI, may be reclassified to the profit or loss. All the other reserves never be reclassified to profit or loss.

    The Notes appearing on pages 319 to 470 form an integral part of these Financial Statements.

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