Page 261 - Hitachi IR 2025

31 EARNINGS PER SHARE (EPS)
The following reflects the income and share data used in the basic and diluted EPS computations:
All amount in Indian Rupees in Crores, except as stated otherwise
For the year ended
March 31, 2025
For the year ended
March 31, 2024
Earnings
Profit attributable to equity shareholders 383.98 163.78
Shares
42,495,711 Weighted average number of Equity shares outstanding during the year - basic Weighted average number of Equity shares outstanding during the year - diluted 42,495,711 42,381,675
Dilutive effect on shares - -
42,381,675
Earnings per share of par value ` 2/- each - Basic and diluted (in `) 90.36 38.64
32 POST-EMPLOYMENT BENEFIT PLAN
Gratuity plan :
Gratuity is payable to all eligible employees of the Company as per the provisions of the Payment of Gratuity
Act, 1972 or as per the Company’s scheme, whichever is higher. The plan assets are held by Hitachi
Energy India Limited Employees' Gratuity Trust (The said trust was duly set up by Company on September
1, 2020 and the same was approved on February 22, 2021 by Hon'ble Commissioner of Income Tax).
Under the Payment of Gratuity Act, 1972, every employee who has completed five years or more of service gets
gratuity on departure at 15 days salary (last drawn salary) for each completed year of service. The level of benefits
provided depends on the member's length of service and salary at retirement age. The Gratuity scheme provides
for a lump sum payment made on exit either by way of retirement, death, disability or voluntary withdrawal. The
benefits are defined on the basis of final salary and the period of service and paid as lump sum at exit.
Assumptions relating to future salary increases, attrition, interest rate for discount and overall expected rate of
return on assets have been considered based on relevant economic factors such as inflation, market growth and
other factors applicable to the period over which the obligation is expected to be settled.
All amount in Indian Rupees in Crores, except as stated otherwise
March 31, 2025 March 31, 2024
Gratuity
The following table sets out movement in defined benefits liability and the
amount recognised in the financial statements:
Gratuity provision 29.29 19.72
Total 29.29 19.72
i) Changes in the defined benefit obligation and fair value of plan assets :
All amount in Indian Rupees in Crores, except as stated otherwise
Defined benefit
obligation
Fair value of
plan assets
Net defined
benefit liability
As at April 01, 2023 88.62 80.28 8.34
Service cost 6.46 - 6.46
Net interest expense 6.06 5.53 0.53
Total amount recognised in statement of profit and loss
(Note 27)
12.52 5.53 6.99
Remeasurement (gains)/ losses in other comprehensive
income:
Return on plan assets
(excluding amounts included in net interest expense)
- 0.34 (0.34)
Actuarial changes arising from changes in financial assumptions 1.41 - 1.41
Actuarial changes arising from changes in experience
adjustments
5.36 - 5.36
Total amount recognised in other comprehensive income 6.77 0.34 6.43
Integrated Annual Report 2024-25
259