Page 257 - Hitachi IR 2025

As at March 31, 2024 Unbilled Not due Less than
1 year
Outstanding for following periods from due
date of payment Total
1-2 years 2-3 years More than
3 years
Total outstanding dues of micro
enterprises and small enterprises
4.53 42.05 2.20 1.10 - 0.39 50.27
Total outstanding dues of creditors
other than micro enterprises and small
enterprises
479.84 1,017.75 227.52 11.54 0.61 21.92 1,759.18
Disputed dues of micro enterprises and
small enterprises
- 0.06 - - - - 0.06
Disputed dues of creditors other than
micro enterprises and small enterprises
- 0.07 - - - 0.14 0.21
484.37 1059.93 229.72 12.64 0.61 22.45 1,809.72
21 OTHER CURRENT LIABILITIES
All amount in Indian Rupees in Crores, except as stated otherwise
March 31, 2025 March 31, 2024
Billing in excess of contract revenue (refer note 38(b)) 145.17 42.58
Statutory dues payable* 50.17 16.97
Advance from customer (refer note 38(b) and note 39) 1,604.39 881.61
1,799.73 941.16
*Statutory dues payable mainly includes contribution to Provident Fund, Goods and Service tax (GST), Employee State
Insurance, withholding taxes etc.
22 PROVISIONS
All amount in Indian Rupees in Crores, except as stated otherwise
March 31, 2025 March 31, 2024
Provisions for employee benefits
Gratuity (refer note 32) 29.29 19.72
Compensated absences 45.98 35.96
Other provisions
Warranties 163.50 139.31
Loss orders 18.97 26.91
257.74 221.90
Nature of provisions:
i) Warranties: The Company provides warranties for its products, systems and services, undertaking to repair
or replace the items that fail to perform satisfactorily during the warranty period. Provision represents
the amount of the expected cost based on technical evaluation and past experience of meeting such
obligations. It is expected that this expenditure will be incurred over the contractual warranty period.
ii) Loss orders: A provision for expected loss on construction contracts is recognised when it is probable that
the contract costs will exceed total contract revenue. For all other contracts loss order provisions are made
when the unavoidable costs of meeting the obligation under the contract exceed the currently estimated
economic benefits.
Details of changes in provisions during the year (Figures in brackets are in respect of the previous year)
Class of provisions As at
April 01, 2024
Additions Amounts used Unused Amounts
reversed
As at
March 31, 2025
Warranties 139.31 58.30 14.63 19.48 163.50
(139.81) (34.62) (20.51) (14.61) (139.31)
Loss orders 26.91 14.86 22.56 0.24 18.97
(19.13) (22.11) (12.89) (1.44) (26.91)
Integrated Annual Report 2024-25
255