2.8 Provisions, Contingent Liability and Events After The Reporting Period
a) Provision

> A provision is recognised when an enterprise has a present obligation ( legal or constructive) as a
result of past event; it is probable that an out flow of resources embodying economic benefits will be
required to settle the obligation and a reliable estimate can be made of the amount of the obligation.
The expense relating to a provision is presented in the statement of profit or loss.

o If the effect of the time value of money is material, provisions are discounted using a current
pre-tax rate that reflects, when appropriate, the tax specific to the liability. When discounting

is used, the increase in the provision due to the passage of time is recognised as a financial
cost.

> A contingent liability is a possible obligation that arises from past events whose existence will be
confirmed by the occurrence or non-occurrence of one or more uncertain future events beyond the
control of the company or a present obligation that is not recognized because it is not probable that
an outflow of resources will be required to settle the obligation. The company does not recognize a
contingent liability but disclose its existence in the financial statements as per Note No. 29

2.9 Employee Benefits

i. ) Short-term employee benefit

All employee benefits falling due wholly within twelve months of rendering the services are classified as
short-term employee benefits, which include benefits like salaries, wages, short-term compensated absences
and performance incentives and are recognised as expenses in the period in which the employee renders the
related service

ii. ) Post-employment benefits

Company has not accounted any Post-Employment benefits and has not made any provision for post¬
employment benefits.

2.10 Operating Segments

The Chief Operational Decision Maker monitors the operating results of its business segments
separately for the purpose of making decisions about resource allocation and performance
assessment. Segment performance is evaluated based on profit and loss and is measured
consistently with profit and loss in the financial statements

The Operating segments have been identified on the basis of the nature of products/services.

> Segment revenue includes sales and other income directly identifiable with the segment
including intersegment revenue.

> Expenses that are directly identifiable with the segments are considered for determining the
segment results. Expenses which relate to the Group as a whole and not allocable to
segments are included under unallocable expenditure.

> Income which relates to the Group as a whole and not allocable to segments is included in
unallocable income.

> Segment result includes margins on inter-segment and sales which are reduced in arriving at
the profit before tax of the Group

> Segment assets and liabilities include those directly identifiable with the respective
segments. Unallocable assets and liabilities represent the assets and liabilities that relate to
the Group as a whole and not allocable to any segment.

2.11 Taxations

Tax expense recognized in Standalone Statement of Profit and Loss comprises the sum of deferred tax and
current tax except the ones recognized in other comprehensive income or directly in equity.

Current tax is determined as the tax payable in respect of taxable income for the year and is computed in
accordance with relevant tax regulations. Current income tax relating to items recognized outside profit or
loss is recognized outside profit or loss (either in other comprehensive income or in equity).

Minimum Alternate Tax (‘MAT’) credit entitlement is recognized as an asset only when and to the extent
there is convincing evidence that normal income tax will be paid during the specified period. In the year in
which MAT credit becomes eligible to be recognized as an asset, the said asset is created by way of a credit
to the Standalone Statement of Profit and Loss and shown as MAT credit entitlement. This is reviewed at
each balance sheet date and the carrying amount of MAT credit entitlement is written down to the extent it is
not reasonably certain that normal income tax will be paid during the specified period.

Deferred tax is recognized on temporary differences between the carrying amount of assets and liabilities in
the financial statement and the corresponding tax bases used in computation of taxable profit under Income
Tax Act, 1961.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the year when the
asset is realized or the liability is settled, based on tax rates (and tax laws) that have been enacted or
substantively enacted at the reporting date. Deferred tax relating to items recognized outside Standalone
Statement of Profit and Loss is recognized outside Standalone Statement of Profit and Loss (either in other
comprehensive income or in equity).

2.12Earnings per share/

Basic earnings per share are calculated by dividing the net profit or loss for the period attributable
to equity shareholders by the weighted average number of equity shares outstanding during the
period. For the purpose of calculating diluted earnings per share, the net profit or loss for the period
attributable to equity shareholders and the weighted average number of shares outstanding during
the period is adjusted for the effects of all dilutive potential equity shares.

The weighted average number of equity shares outstanding during the period and for all the periods
presented in adjusted for events, such as bonus shares, other than the conversion of potential equity
shares outstanding, without a corresponding change in resources.

For ANSK & Associates. For and on behalf of the Board of Directors

Chartered Accountants
FRN : 026177N

Sd/- Sd/- Sd/-

(CA Akhil Mittal) (Surender Kumar

Jindal ) (Chavi Rungta)

^Partner Managing Director Director

^M'^No' ^{: 517856} din 00130589 DIN 00481039

Place : NEW DELHI
Dated: 27-05-2025

Sd/- Sd/-

(Virendra Bahadur

Singh) (RP Rastogi)

^CFO Company Secretary

PAN :BAEPS6100C M No. FCS2061