H Provisions, Contingent Liabilities and Contingent Assets

Provisions are recognised when the company has a present obligation (legal or constructive), as a
result of a past event and it is probable that the company will be required to settle the obligation, and a
reliable estimate can be made of the amount of the obligation.

Contingent liabilities are disclosed only when there is a possible obligation arising from past events,
the existence of which will be confirmed only by the occurrence or non-occurrence of one or more
uncertain future events which is not wholly within the control of the Company or a present obligation
that arises from past events where it is either not probable that an outflow of resources will be
required to settle the obligation or estimate of the amount cannot be measured reliably.

No contingent asset is recognized in the financial statements but the same are disclosed by way of
notes to accounts only when its recognition is virtually certain.

I Revenue Recognition

Revenue is measured at the fair value of the consideration received or receivable and when it is
probable that future economic benefits will flow to the entity.

Income from healthcare activities

Income is accounted for on accrual basis. Revenue is recognized upon rendering of services.

Other Income

a) Dividend income is recognized when the right to receive the income is established.

b) Interest income is recognised, when no significant uncertainty as to measurability or collectibility
exists, on a time proportion basis taking into account the amount outstanding and the applicable
interest rates.

I Income Taxes

Income tax expense for the year comprises of current tax and deferred tax. It is recognised in the
Statement of Profit and Loss except to the extent it relates to any business combination or to an item
which is recognised directly in equity or in other comprehensive income.

J.l Current Tax

Current tax includes provision for Income Tax computed under Special provision (i.e., Minimum
alternate tax) or normal provision of Income Tax Act Tax on Income for the current period is
determined on the basis of estimated taxable income and tax credits computed in accordance with the
provisions of the relevant tax laws.

1.2 Deferred Tax

Deferred tax assets are recognised for all deductible temporary differences and unused tax losses only
if it is probable that future taxable amounts will be available to utilise those temporary differences and
losses.

Deferred tax is recognized using the balance sheet method, providing for temporary differences
between the carrying amounts of assets and liabilities for financial reporting purposes and the
amounts used for taxation purposes.

K Employee Benefits
K.1 Short Term Employee Benefits

Short-term employee benefits are recognised In the year during which the services have been
rendered.

K.2 Post-Employment benefits

Employee benefits that are payable after the completion of employment are Post-Employment Benefits
(other than termination benefits]. These are of two types:

K.2.1 Defined contribution plans
Provident Fund

All employees of the company are entitled to receive benefits under the provident fund which is
defined contribution plan. Both the employees and the employer make monthly contributions to the
plan at a pre determined rate of the employees' basic salary and certain allowances as applicable.
These contributions are made to the fund administered and managed by the Government of India. The
Company's contribution to the scheme is expensed off in the Statement of profit and loss. The
company has no further obligations under the plan beyond its monthly contributions.

K.2.2 Defined benefit plans
Gratuity

Gratuity is a post employment defined benefit plan. The company makes annual contributions to
gratuity fund administered by the trustee (UC] for amount notified by the fund. The gratuity plans
provide for lumpsum payment to vested employees on retirement, death or termination of
employment of an amount based on respective employees last drawn salary and tenure of
L Earnings Per Share (EPS]

Basic Earnings Per Share is calculated by dividing the net profit or loss for the period attributable to
equity shareholders by weighted average number of equity shares outstanding during the period.
Diluted earnings per equity share is computed by dividing the net profit or loss attributable to equity
shareholders of the Company by the weighted average number of equity shares considered for
deriving basic earnings per equity share and also the weighted average number of equity shares that
could have been issued upon conversion of all dilutive potential equity shares.

M Statement of Cash Flows

Statement of cash flows is prepared in accordance with the indirect method prescribed in lnd AS-7
‘Statement of cash flows.

N Exceptional Items

Exceptional items are disclosed separately in the financial statements where it is necessary to do so to
provide further understanding of the financial performance of the Company. These are material items
of income or expense that have to be shown separately due to their nature or incidence.

0 Offsetting instruments

Financial assets and liabilities are ofFset and the net amount reported in the balance sheet when there
is a legally enforceable right to offset the recognised amounts and there is an intention to settle on a
net basis or realise the asset and settle the liability simultaneously. The legally enforceable right must
not be contingent on future events and must be enforceable in the normal course of business and in
the event of default, insolvency or bankruptcy of the Company or the counterparty.

P Events after the reporting period

Adjusting events are events that provide further evidence of conditions that existed at the end of the
reporting period. The financial statements are adjusted for such events before authorisation for issue.
Non-adjusting events are events that are indicative of conditions that arose after the end of the
reporting period. Non-adjusting events after the reporting date are not accounted, but disclosed.

Q Key accounting Judgement, estimates and assumptions

The preparation of the financial statements requires management to exercise judgment and to make
estimates and assumptions. These estimates and associated assumptions are based on historical
experiences and various other factors that are believed to be reasonable under the circumstances.
Actual results may differ from these estimates. The estimates and underlying assumptions are
reviewed on an on-going basis. Revision to accounting estimates are recognised in the period in which
e estimate is revised if the revision affect only that period, or in the period of the revision and future
periods if the revision affects both current and future period. Instance being, Depreciation and
amortisation is based on management estimates of the future useful lives of the property, plant and
equipment and intangible assets. Estimates may change due to technological developments,
competition, changes in market conditions and other factors and may result in changes in the
estimated useful life and in the depreciation and amortisation charges.

As per our report of even date attached

FOR GOPAL SHARMA & CO. FOR AND ON BEHALF OF SHARMA EAST INDIA

CHARTERED ACCOUNTANTS hospitals and medical research limited

FRN: 002803C

GAUTAM SHARMA
PARTNER

079225 (SHAILENDRA KUMAR SHARMA) (MAYA SHARMA)

UDIN: 25079225BMMJFH3726 MANAGING DIRECTOR DIRECTOR

DIN: 00432070 DIN: 00432496

JAIPUR

23.05.2025 (VIMAL KUMAR JOSHI) (BHAWANA SHARMA)

CHIEF FINANCIAL OFFICER COMPANY SECRETAR'

MRN: A61665