Annual Report 2016-17

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Notes forming part of consolidated onancial statements (Contd.)
Annual Report 2016-17 • 201
24. Current liabilities : Provisions
As at
March 31, 2017
In ` Million
As at
March 31, 2016
In ` Million
As at
April 1, 2015
In ` Million
Provision for employee beneots
- Gratuity (refer note 30) 10.32 49.70 213.91
- /eave encashment 450.05 453.15 376.01
- /ong service awards 26.34 24.18 21.72
- Other employee beneots 904.36 696.60 662.16
1,391.07 1,223.63 1,273.80
25. Revenue from operations (net)
For the year ended
March 31, 2017
In ` Million
March 31, 2016
In ` Million
Software services (Refer note 36) 28,095.40 22,358.47
Software licenses 688.99 764.84
28,784.39 23,123.31
26. Other income
For the year ended
March 31, 2017
In ` Million
March 31, 2016
In ` Million
Interest income
On onancial assets carried at amortised cost 52.89 60.86
On others 91.80 87.57
Foreign exchange gain (net) 268.50 146.51
Proot on sale of oxed assets (net) 1.68 9.29
Dividend income from investments 188.98 226.50
Net Gain / (/oss) on dissolution of subsidiary - 3.65
Proot on sale of investments (net) 94.14 224.41
Net gain/(loss) arising on onancial assets designated as at FVTP/ 190.61 (14.16)
Excess provision in respect of earlier years written back 3.00 0.01
Miscellaneous income 66.85 28.24
958.45 772.88
27. Personnel expenses
For the year ended
March 31, 2017
In ` Million
March 31, 2016
In ` Million
27.1 Employee beneots expense
Salaries, wages and bonus 16,980.13 13,156.03
Contribution to provident and other funds 338.85 263.08
Gratuity expenses (refer note 30) 114.10 135.16
Deoned contribution to other funds 114.75 113.06
Staff welfare and beneots 400.79 365.79
Employee stock compensation expenses (refer note 37d) 59.53 34.48
18,008.15 14,067.60
27.2 Cost of professionals 1,818.48 1,586.63
19,826.63 15,654.23