Page 276 - DJML Annual Report 24-25

CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS

Notes to the Consolidated Financial Statement March 31, 2025
(All amount in Rupees lakhs, unless otherwise stated)
(i) Foreign Currency Risk
The Indian Rupee is the Company’s most significant currency. As a consequence, the Company’s results
are presented in Indian Rupee and exposures are managed against
(ii) Equity Price Risk
The Company’s does not have investment in shares hence the company is not exposed to such risk.
Exposure:

Particulars As at As at
31st March 2025 31st March 2024

Equity shares (FVTOCI) 9,69,554.35 10,04,330.35
Total Exposure 9,69,554.35 10,04,330.35

Particulars Impact on OCI Impact on OCI
(FVTOCI) (FVTOCI)
10% 4,13,332.00 5,36,134.87

-10% (4,48,108.00) (1,50,814.00)

(b) Credit Risk
Reconciliation of the expected loss provision (allowance for bad and doubtful receivables) made by the
Company are as
Particulars As at As at
31st March 2025 31st March 2024
Opening balance of provision - -
Add : Additional provision made - -
Less : Provision written off (net off bad-debts) - -
Closing balance of provision - -
Credit risk is the risk of financial loss to the Company if a customer or counterparty to a financial instrument
fails to meet its contractual obligations Credit risk arises mainly from loans, trade receivables and financial
assets. The Company maintains a defined credit policy and monitors the exposures to these credit risks on an
ongoing basis. None of the trade receivables are credit impaired as on reporting date.

On adoption of Ind AS 109, the Company uses expected credit loss model to assess the impairment loss
or gain. Based on internal assessment which is driven by the historical experience/ current facts available
in relation to default and delays in collection thereof, the expected credit loss for trade receivables is not
significant.

Annual Report 2024-25 273