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Earnings (Loss) Per Share (Tables)
12 Months Ended
Mar. 31, 2024
Earnings per share [abstract]  
Computation of Basic and Diluted Earnings (Loss) Per Share

The following is the reconciliation of the earnings or loss attributable to ordinary shareholders (including Class B shareholders) and weighted average number of ordinary shares (including Class B shares) used in the computation of basic and diluted earnings (loss) per share for the year ended March 31, 2022, 2023 and 2024:

 

 

 

For the year ended March 31

 

Particulars

 

 

2022

 

 

 

2023

 

 

 

2024

 

Earnings (loss) attributable to ordinary shareholders (including Class B shareholders) used in computing basic earnings (loss) per share (A)

 

 

(45,405

)

 

 

(11,321

)

 

 

216,801

 

Interest expense and changes in carrying amount of convertible notes, net of tax

 

 

 

 

 

 

 

 

(10,857

)

Earnings (loss) attributable to ordinary shareholders (including Class B shareholders) used in computing diluted earnings (loss) per share (B)

 

 

(45,405

)

 

 

(11,321

)

 

 

205,944

 

Weighted average number of ordinary shares (including Class B shares) outstanding used in computing basic earnings (loss) per share (C)

 

 

108,471,149

 

 

 

109,656,200

 

 

 

111,094,561

 

Dilutive effect of conversion of convertible notes

 

 

 

 

 

 

 

 

5,934,810

 

Dilutive effect of share based awards

 

 

 

 

 

 

 

 

1,206,485

 

Weighted average number of ordinary shares (including Class B shares) outstanding used in computing dilutive earnings (loss) per share (D)

 

 

108,471,149

 

 

 

109,656,200

 

 

 

118,235,856

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share (USD)

 

 

 

 

 

 

 

 

 

Basic (A/C)

 

 

(0.42

)

 

 

(0.10

)

 

 

1.95

 

Diluted (B/D)

 

 

(0.42

)

 

 

(0.10

)

 

 

1.74