189 | Annual Report | 2024-2025 Arohan Financial Services Limited Notes to financial statements for the year ended March 31, 2025 (Contd.) (All amounts in ` lakhs unless otherwise stated) (ii) Amount recognised in the statement of profit and loss is as under: Particulars Year ended March 31, 2025 Year ended March 31, 2024 Current service cost 433.09 350.90 Net interest cost on defined benefit obligation 510.83 67.42 Net impact on profit (before tax) 943.92 418.32 Amount recognised in the other comprehensive income: Particulars Year ended March 31, 2025 Year ended March 31, 2024 Actuarial losses recognized in OCI 924.32 494.64 (iii) Movement in the present value of defined benefit obligation recognised in the balance sheet is as under: Particulars Year ended March 31, 2025 Year ended March 31, 2024 Present value of defined benefit obligation as at the beginning of the year 2,935.46 2,334.71 Current service cost 433.09 350.90 Interest cost 191.88 155.26 Benefits paid (388.64) (356.65) Actuarial (gain)/ loss on obligation Actuarial (gain)/ loss on arising from change in financial assumption 298.81 85.82 Actuarial (gain)/ loss on demographic assumptions - 19.27 Actuarial (gain)/ loss on arising from experience adjustment 591.34 346.15 Present value of defined benefit obligation as at the end of the year 4,061.94 2,935.46 (iv) Major categories of plan assets (as percentage of total plan assets): Particulars Year ended March 31, 2025 Year ended March 31, 2024 Funds managed by LIC of India 100% 100% Note 39: Employee benefits (cont'd) b) Defined benefit plans (cont'd)
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