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Shaping the future of software driven business
Unconsolidated Financials •
301
Onsite / offshore
IP Led
2,018.38
1,579.93
Offshore
15,663.92
13,307.58
Onsite
1,916.37
2,439.98
Total
19,598.67
17,327.49
While disclosing the aggregate amount of transaction price yet to be recognised as revenue towards unsatisfied (or partially
satisfied) performance obligations, along with the broad time band for the expected time to recognise those revenues,
the Company has applied the practical expedient in Ind AS 115. Accordingly, the Company has not disclosed the aggregate
transaction price allocated to unsatisfied (or partially satisfied) performance obligations which pertain to contracts where
revenue recognised corresponds to the value transferred to customer typically involving time and material, outcome based and
event based contracts.
Changes in contract assets (unbilled revenue) are as follows:
Particulars
In
`
Million
Balance at the beginning of the year
715.47
Revenue recognised during the year
6,946.22
Invoices raised during the year
(6,095.12)
Foreign exchange difference
10.90
Balance at the end of the year
1,577.47
Changes in Unearned revenue are as follows:
Particulars
In
`
Million
Balance at the beginning of the year
137.56
Revenue recognised during the year
(493.35)
Increase due to invoicing during the year, not recognised as revenue during the year
478.37
Foreign exchange difference
8.22
Balance at the end of the year
130.80
In respect of the contracts wherein the transaction price is in the form of revenue share, the estimated revenue for the customer
is considered based on the historical trends and management judgement with respect to customer business. The amount of
this category of revenue included in the total revenue for the year is
`
192.14 million
25. Other income
For the year ended
March 31, 2019
In
`
Million
March 31, 2018
In
`
Million
Interest income
On financial assets carried at amortised cost (refer note 34)
97.06
47.12
On others
191.76
144.48
Foreign exchange gain (net)
-
596.02
Profit on sale of fixed assets (net)
3.77
2.47
Dividend income from investments
392.26
259.73
Profit on sale of investments (net)
366.09
186.84
Net gain/(loss) arising on financial assets designated as at FVTPL
(76.95)
(18.92)
Advances written back
-
17.56
Miscellaneous income
63.91
41.52
1,037.90
1,276.82
Notes forming part of financial statements (Contd.)