Provisions are recognised when the Company has present obligation (legal/ constructive) as a result of a past event, it's probable that
an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of
amount of the obligation. Provisions are measured at the best estimate of the expenditure required to settle the present obligation at
the Balance Sheet date.

Provisions are reviewed at each balance sheet date and adjusted to reflect the current best estimate. If it's no longer probable that the
outflow of resources would be required to settle the obligation, the provision is reversed.

The provisions for indirect taxes and legal matters comprises of numerous separate cases that arise in the ordinary course of business.
These provisions have not been discounted as it is not practicable for the Company to estimate the timing of provision utilisation and
cash outflows, if any, pending resolution. The Company does not expect any re-imbursements in respect of the above provisions

Sale of products:- Revenue from sale of goods is recognised when control of the products being sold or transferred to our customer
and when there are no longer any unfulfilled obligations. The Performance Obligations in our contracts are fulfilled at the time of
dispatch, delivery or upon formal customer acceptance depending on customer terms.

Revenue is measured on the basis of contracted price, after deduction of any trade discounts, volume rebates and any taxes or duties
collected on behalf of the Government such as goods and services tax, etc. Accumulated experience is used to estimate the provision
for such discounts and rebates. Revenue is only recognised to the extent that it is highly probable a significant reversal will not occur.

Our customers have the contractual right to return goods only when authorised by the Company. An estimate is made of goods that
will be returned and a liability is recognised for this amount using a best estimate based on accumulated experience.

Income from services rendered: - Income from services rendered is recognised based on agreements/arrangements with the
customers as the service is performed and there are no unfulfilled obligations.

20 Employee benefit expenses

a) Short-Term Employee Benefits (STEBs’)-STEBs including salaries and performance incentives, are charged to statement of profit loss
on an undiscounted, accrual basis during the period of employment.

b) Defined contribution plans - Contributions to defined contribution schemes such as employees' state insurance, labour welfare fund,
superannuation scheme, employee pension scheme etc. are charged as an expense based on the amount of contribution required to be
made as and when services are rendered by the employees. Company's provident fund contribution, in respect of certain employees,
is made to a Government administered fund and charged as an expense to the Statement of Profit and Loss.

The above benefits are classified as Defined Contribution Schemes as the Company has no further defined obligations beyond the
monthly contributions.

c) Defined benefit plans In respect of certain employees, provident fund contributions are made to a trust administered by the Company.
The interest rate payable to the members of the trust shall not be lower than the statutory rate of interest declared by the Central
Government under the Employees Provident Funds and Miscellaneous Provisions Act, 1952 and shortfall, if any, shall be made good by
the Company. The liability in respect of the shortfall of interest earnings of the Fund is determined on the basis of an actuarial valuation.
The Company also provides for retirement/post-retirement benefits in the form of gratuity, pensions ( in respect of certain employees).

For defined benefit plans, the amount recognised as ‘Employee benefit expenses' in the Statement of Profit and Loss is the cost of
accruing employee benefits promised to employees over the year and the costs of individual events such as past/future service benefit
charges and settlements (such events are recognised immediately in the Statement of Profit and Loss).

The amount of net interest expense calculated by applying the liability discount rate to the net defined benefit liability or asset is charged
or credited to ‘Finance costs' in the Statement of Profit and Loss. Any differences between the expected interest income on plan assets
and the return actually achieved, and any changes in the liabilities over the year due to changes in actuarial assumptions or experience
adjustments within the plans, are recognised immediately in ‘Other comprehensive income and subsequently not reclassified to the
Statement of Profit and Loss.

The defined benefit plan surplus or deficit on the Balance Sheet date comprises fair value of plan assets less the present value of the
defined benefit liabilities using a discount rate by reference to market yields on Government bonds at the end of the reporting period.

All defined benefit plans obligations are determined based on valuations, as at the Balance Sheet date, made by independent actuary
using the projected unit credit method. The classification of the Company's net obligation into current and non-current is as per the
actuarial valuation report.

21 Finance Costs

Borrowing Costs - Borrowing costs directly attributable to the acquisition, construction or production of an asset that necessarily
takes a substantial period of time to get ready for its intended use or sale are capitalized as part of the cost of the asset. All other
borrowing costs are expensed in the period in which they occur. Borrowing costs consist of interest and other costs that an entity incurs
in connection with the borrowing of funds. Borrowing cost also includes exchange differences to the extent regarded as an adjustment
to the borrowing costs.

25 Earnings per Share

Basic earnings per share is computed by dividing the net profit for the period attributable to the equity shareholders of the Company
by the weighted average number of equity shares outstanding during the period. The weighted average number of equity shares
outstanding during the period and for all periods presented is adjusted for events, such as bonus shares, other than the conversion of
potential equity shares that have changed the number of equity shares outstanding, without a corresponding change in resources.

For the purpose of calculating diluted earnings per share, the net profit 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.