Financial Risk Management (Tables)

12 Months Ended

Mar. 31, 2018

Disclosure of financial risk management [Abstract]

Disclosure of credit risk exposure [text block]

The maximum exposure to credit risk as at March 31, 2018 and 2017 was as follows:

	March 31, 2018		March 31, 2017
Cash and cash equivalents		2,288,121		1,884,265
Other assets		360,378		213,424
Trade receivables		8,820,579		6,950,563
Other receivables		48,141		101,098
Other investments		145,718		74,653
		11,662,937		9,224,003

Disclosure of financial assets that are either past due or impaired [text block]

The ageing of trade receivables, net of allowances that are past due, is given below:

Period (in days)	March 31, 2018		March 31, 2017
Past due 181 - 270 days		825,461		892,375
Past due 271 - 365 days		272,913		344,529
More than 365 days		885,644		961,295
		1,984,018		2,198,199

Information about collateral held as security and other credit enhancements for credit-impaired financial assets [text block]

Details of collateral and other credit enhancements held

	March 31, 2018		March 31, 2017
Security deposits received for Internet access services		497		497

Disclosure of maturity analysis for non-derivative financial liabilities [text block]

The following are the contractual maturities of financial liabilities, including estimated interest payments and excluding the impact of netting agreements:

As at March 31, 2018

	Carrying amount		Contractual cash flows		0-12 months		1-3 years		3-5 years
Non-derivative financial liabilities
Bank overdrafts		2,121,537		2,121,537		2,121,537		-		-
Finance lease liabilities		185,965		210,302		105,274		101,888		3,140
Other liabilities		207,046		207,046		207,046		-		-
Borrowing from banks		2,021,228		2,240,152		949,352		1,209,181		81,619
Borrowings from others		1,464,637		1,851,840		769,409		893,774		188,657
Trade and other payables		6,779,018		6,779,018		6,779,018		-		-
		12,779,431		13,409,895		10,931,636		2,204,843		273,416

As at March 31, 2017

	Carrying amount		Contractual cash flows		0-12 months		1-3 years		3-5 years
Non-derivative financial liabilities
Bank overdrafts		991,161		991,161		991,161		-		-
Finance lease liabilities		519,219		577,646		367,620		210,026		-
Other liabilities		201,679		201,679		201,679		-		-
Borrowing from banks		2,567,076		2,711,343		1,974,313		571,339		165,691
Borrowings from others		844,002		915,494		676,150		239,343		-
Trade and other payables		5,648,740		5,648,740		5,648,740		-		-
		10,771,877		11,046,063		9,859,663		1,020,708		165,691

Disclosure of market risk [text block]

The Group’s exposure to foreign currency risk as at March 31, 2018 was as follows:

	All amounts in respective currencies as mentioned (in thousands)
	US $		CA $		CHF		EUR		GBP		DHS		HK $
Cash and cash equivalents		3,835		-		-		-		-		-		-
Trade receivables		11,310		-		-		66		8		-		-
Trade payables		(10,076)		-		(1)		(29)		-		(57)		(2)
Foreign currency loan		(20,005)		-		-		-		-		-		-
Net balance sheet exposure		(14,951)		-		(1)		37		8		(57)		(2)

The Group’s exposure to foreign currency risk as at March 31, 2017 was as follows:

	All amounts in respective currencies as mentioned (in thousands)
	US $		CA $		CHF		EUR		GBP		DHS		HK $
Cash and cash equivalents		5,180		-		-		-		-		-		-
Trade receivables		11,226		-		-		44		(1)		-		-
Trade payables		(10,949)		(4)		(1)		(110)		(10)		(38)		-
Foreign currency loan		(29,374)		-		-		-		-		-		-
Net balance sheet exposure		(23,917)		(4)		(1)		(66)		(11)		(38)		-

Sensitivity analysis for types of market risk [text block]

The analysis is performed on the same basis for 2017.

	Other comprehensive income		Profit or ( loss)
March 31, 2018		-		96,585
March 31, 2017		-		155,702

Disclosure of financial instruments by type of interest rate [text block]

At the reporting date the interest rate profile of the Group’s interest –bearing financial instruments were as follows:

	Carrying amount
	March 31, 2018		March 31, 2017
Fixed rate instruments
Financial assets
- Fixed deposits with banks		413,082		449,195
- Investment in debt securities		144,008		72,943
Financial liabilities
- Borrowings from banks		609,382		687,461
- Borrowings from others		1,464,637		844,002
Variable rate instruments
Financial liabilities
- Borrowings from banks		1,411,846		1,879,615
- Bank overdrafts		2,121,537		991,161

Disclosure of detailed information about the changes in equity and net profit due to changes in base points of variable interest [text block]

The analysis has been performed on the same basis as 2017.

	Equity		Profit or (loss)
March 31, 2018		-		(32,644)
March 31, 2017		-		(24,161)