34. Earnings Per share

Basic EPS amounts are calculated by dividing the profit for the year attributable to equity holders by the weighted average number of equity shares outstanding during the year.

Diluted EPS amounts are calculated by dividing the profit attributable to equity holders by the weighted average number of equity shares outstanding during the year plus the weighted average number of equity shares that would be issued on conversion of all the dilutive potential equity shares into equity shares.

37. Employee benefit plans 37.1 Defined contribution plans

The employees of the Company are members of a state-managed retirement benefit plan operated by the government. The Company is required to contribute a specified percentage of payroll costs to the retirement benefit scheme to fund the benefits. The only obligation of the Company with respect to the retirement benefit plan is to make the specified contributions.

37.2 Defined benefit plans

The Company provides for gratuity for employees as per the Payment of Gratuity Act, 1972. Employees who are in continuous service of 5 years are eligible for gratuity under this Act. The amount of gratuity payable on termination / retirement is the last drawn basic salary per month of the employee proportionate for a period of 15 days per completed year of service. During the year 2017, the Company had constituted a Group Gratuity Trust and the above liability is funded through the Group Gratuity Trust with Life Insurance Corporation of India.

Significant actuarial assumptions for the determination of the defined obligation are discount rate, expected salary increase and mortality. The sensitivity analyses below have been determined based on reasonably possible changes of the respective assumptions occurring at the end of the reporting period, while holding all other assumptions constant.

The sensitivity analysis presented above may not be representative of the actual change in the defined benefit obligation as it is unlikely that the change in assumptions would occur in isolation of one another as some of the assumptions may be correlated.

Furthermore, in presenting the above sensitivity analysis, the present value of the defined benefit obligation has been calculated using the projected unit credit method at the end of the reporting period, which is the same as that applied in calculating the defined benefit obligation liability recognised in the balance sheet.

Notes to Restated Financial Information

(All amounts in Indian Rupees Lakhs, except where otherwise stated)

38. Segment reporting

(a) Operating segment

Ind AS 108 &Operating Segments' ('Ind AS 108’) establishes standards for the way that business enterprises report information about operating segments and related disclosures about revenue, geographic areas and major customers. Based on the 'management approach' as defined in Ind AS 08, the Managing Director monitors and reviews the operating results of the Group as one segment & Software Solutions for various aspects of Precision Marketing .Since the entire business falls within a single operational segment, these restated consolidated and standalone financial information are reflecting the information required by Ind AS 108

39. Financial risk management objectives and policies

The Group's principal financial liabilities comprise loans and borrowings, trade and other payables. The main purpose of these financial liabilities is to finance and support Group's operations. The Group's principal financial assets include trade and other receivables, cash and cash equivalents and refundable deposits that derive directly from its operations.

The Group is exposed to market risk, credit risk and liquidity risk. The Group's senior management oversees the management of these risks. The Board of Directors reviews and agrees policies for managing each of these risks, which are summarized below.

(i) Market Risk:

Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices. Market risk comprises two types of risk: interest rate risk and other price risk, such as commodity risk. Financial instruments affected by market risk include loans and borrowings and refundable deposits. The sensitivity analysis in the following sections relate to the position as at March 31, 2023 and March 31, 2024. The sensitivity analysis have been prepared on the basis that the amount of net debt and the ratio of fixed to floating interest rates of the debt.

The analysis excludes the impact of movements in market variables on the carrying values of gratuity and other post retirement obligations; provisions.

The below assumption has been made in calculating the sensitivity analysis:

(ii) Interest Rate Risk:

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The Group's exposure to the risk of changes in market interest rates relates primarily to the Group's short-term debt obligations with floating interest rates.

The Group manages its interest rate risk by having a balanced portfolio of variable rate borrowings. The Group does not enter into any interest rate swaps.

(iii) Credit Risk:

Credit risk is the risk that counterparty will not meet its obligations under a financial instrument or customer contract, leading to a financial loss. The credit risk arises principally from its operating activities (primarily trade receivables) and from its investing activities, including deposits with banks and financial institutions and other financial instruments.

Credit risk is controlled by analysing credit limits and creditworthiness of customers on a continuous basis to whom credit has been granted after obtaining necessary approvals for credit. The collection from the trade receivables are monitored on a continuous basis by the receivables team. The Group establishes an allowance for credit loss that represents its estimate of expected losses in respect of trade and other receivables based on the past and the recent collection trend.

Credit risk on cash and cash equivalent is limited as the Group generally transacts with banks and financial institutions with high credit ratings assigned by international and domestic credit rating agencies.

(iv) Liquidity Risk:

The Group's objective is to maintain a balance between continuity of funding and flexibility through the use of bank deposits and loans.

The table below summarises the maturity profile of the Group's financial liabilities based on contractual undiscounted payments:

40. Capital management

The Group's policy is to maintain a stable capital base so as to maintain investor, creditor and market confidence and to sustain future development of the business. Management monitors capital on the basis of return on capital employed as well as the debt to total equity ratio.

For the purpose of debt to total equity ratio, debt considered is long-term and short-term borrowings. Total equity comprise of issued share capital and all other equity reserves.

Notes:

1 Increase in Current ratio is on account of decrease in Trade payables and other current liabilities

2 Increase in Debt Equity Ratio is on account of fresh issue of shares during the year

3 Increase in Debt service coverage ratio is on account of increase in earnings

4 Increase in Return on Equity is due to consolidated net profit as against consolidated net less for the previous year

5 Trade receivable turnover ratio is decreased due increase in sales and increase in receivables at year end.

6 Decrease in Net capital turnover ratio is due to increase in Current Assets.

7 Increase in net profit ratio is due to the consolidated financials turning profitable.

8 Return on capital employed increased due to consolidated financials turning profitable.

42 . The subsidiary's current liabilities exceed the current assets by $3,038,788 and a net capital deficiency of $1,280,044 as at 31st March 2025 ($3,161,044 as at 31st March 2024). The ability of the subsidiary to continue as a going concern is dependent on the provision of financial support by the holding company. The holding company has infused a further capital of $1,149,800 during the financial year thereby strengthening the financial position of the subsidiary. With the addition of various new customers by the subsidiary and with the strong business plan in place, the Management is hopeful of turning around the financial position of the subsidiary in the ensuing financial year. Excluding the money owed by the subsidiary to the parent, the current ratio of the subsidiary will be more than 1.

44. Additional Regulatory Disclosures

i The Company has not been declared as an wilful defaulter by any bank or financial institution or other lenders.

ii The has no transactions with Companies that has been struck off.

iii The Company has not traded or invested in crypto currency or virtual currency during the financial year or in the previous year.

iv There are no proceedings initiated or pending against the company.for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and the rules made thereunder

v There are no charges registration or satisfaction of charge not created with ROC beyond the time period.

vi There are no immovable properties held in the name of the company.

vii The Company has no transactions not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961)

viii The company has not made any revaluation to the Property, Plant and Equipment.

ix The company has not entered into any Scheme of arrangement.

x The company has not given any loans or advances to the Directors/KMP/Related Parties other than reported in the related party transaction disclosure.

xi All amounts disclosed in the financial statements and notes have been

rounded off to the nearest lakhs as per the requirements of Schedule III, unless otherwise stated.

46. The Board of Directors recommended a final dividend of Rs.1 per equity share (l0%)of face value of 10 each at the meeting held on 5th May 2025 subject to shareholders approval at the ensuing Annual General Meeting.

47. The Company has used an accounting software for maintaining its books of accounts which has a feature of recording the audit trail (edit log) facility and the same has been operated throughout the year for all transactions recorded in the software. Further, the audit trail feature has not been tampered with and the audit trail has been preserved by the Company as per the statutory requirements for record retention.

48. Contingeny Liabilities: Nil.

49. Previous year's figures have been regrouped wherever necessary, to conform to the current year's classification..