Page 273 - Arvind 2024
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Corporate Overview Statutory Reports Financial Statements
Notes to Consolidated Financial Statements for the year ended 31st March, 2024 (Amount in Rs. Lac, unless stated otherwise)
(b) Investment in joint ventures List of joint ventures
LLPs
1 Arvind Bsafal Homes LLP* India 50%
*Profit sharing of Arvind SmartSpaces Limited in Arvind Bsafal Homes LLP is 41% during March 31,2024 and March 31,2023.
Management has determined its investments in joint ventures are individually immaterial. Aggregate information of the above joint ventures are as follows:
Group's share in:
Net profit/(loss) 1.33 Total comprehensive income 1.33 Aggregate carrying value of the investments (Refer Note 4) 24.62
Sr No.
Name of Joint Ventures
Country of incorporation
Percentage of holding
March 31, 2024
50%
March 31, 2023
Particulars
March 31, 2024
March 31, 2023
0.11
0.11
8.33
Annual Report 2023-24 | 271
