1.12 Provisions/ Contingencies

(a) Provision involving substantial degree of estimation in measurements is recognized when there is a present obligation as a result of past events and it is probable that there will be an outflow of resources.

(b) Contingent Liabilities are shown by way of notes to the Accounts in respect of obligations where, based on the evidence available, their existence at the Balance Sheet date is considered not probable,

(c) A Contingent Asset is not recognized in the Accounts.

1.13 Segment Reporting

A. Business Segments:

Based on the guiding principles given in Accounting Standard 17 (AS - 17) on Segment Reporting issued by ICAI, the Company has only one reportable Business Segment, which is Construction contract and VVorks contract. Accordingly, the figures appearing in these financial statements relate to the Company's single Business Segment.

B. Geographical Segments:

The Company activities / operations are confined to India and as such there is only one geographical segment.

Accordingly, the figures appearing in these financial statements relate to the Company's single geographical segment.

NOTE 1.18 -

Medium Enterprises Development Act, 2006 and hence disclosures has been made only for the parties from whome the declaration has been received. In respect of other vendors from whom declaration has not been received disclosure has not been made for those which have not been received disclosure has not been made.

NOIE E19 _; Party's Balance with respect to the Trade Receivables, Trade & Other Payables, Loans & advances are subject to confirmation/reconciliation. In the opinion of management, the same are receivable/ payable as stated in the books of accounts. Hence, no effect on the profitability due to the same for the year under review.

" Previous year's figure have been regrouped/rearranged whenever necessary to conform to the current year's presentation.

Notes:

1. Debt equity ratio decreased by 85.80% in F.Y. 2023-24 as compared to F.Y. 2022-23 due to decrease in Debt for the year ended 31.03.2024

2. Debt service coverage ratio decrease by 64.36% in F.Y. 2023-24 as compared to F.Y. 2022-23 due to increase in Debt Services for the year ended 31.03.2024

3. Trade receivable turnover ratio decrease by 38.92% in F.Y. 2023-24 as compared to F.Y. 2022-23 due to increase in average debtors during the F.Y. 2023-24.

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4. Working capital turnover ratio decreased by 36.43% in F.Y. 2023-24 as compared to F.Y. 2022-23 due to increase in working capital the F.Y. 2023-24.

5. Net profit ratio increases by 33.19 % in F.Y. 2023-24 as compared to F.Y. 2022-23 due to increase in Profit after tax during the F.Y. 2023-24.