Other Expense

Explanation: Other Expense refers to operating expenses incurred by a company that are not classified under specific categories such as raw material cost, employee cost, power fuel cost, manufacturing expenses, selling, general, and administrative (SGA) expenses, and selling and distribution expenses. These expenses encompass various items such as rent, utilities, maintenance, legal fees, and other miscellaneous operating costs necessary to run the business.

Example: TCS reports other expenses of 301 crore rupees in FY23. These expenses include various operating costs not categorized under raw material cost, employee cost, power fuel cost, manufacturing expenses, SGA expenses, or selling and distribution expenses. Examples of other expenses for TCS may include rent for office space, utilities such as electricity and water, depreciation on equipment and machinery, maintenance expenses for facilities, legal fees, and other miscellaneous operating costs. Monitoring changes in other expenses helps stakeholders understand TCS’s overall cost structure and assess its operational efficiency and profitability.

You can view the quarterly and annual value of Other Expense for any company on Radar under Total Expense in the Quarterly Results or Yearly P/L sections.