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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS EQUITY - USD ($)
Total
Additional paid-in capital
Class A, Ordinary
Retained Earnings (Accumulated Deficit)
Class B, Ordinary
Statutory Surplus Reserve
Accumulated other comprehensive loss
Paranovus Entertainment Technology Ltd shareholders Equity
Noncontrolling Interest
Balance, shares at Mar. 31, 2022     67,004,583 12,095,100          
Balance, amount at Mar. 31, 2022 $ 77,414,604 $ 53,871,226 $ 33,502 $ 12,285,281 $ 6,048 $ 7,622,765 $ 4,306,536 $ 78,125,358 $ 710,754
Ordinary shares issued for cash, shares     3,000,000            
Ordinary shares issued for cash, amount 6,000,000 5,970,000 $ 30,000 $ 0 0 0 0 6,000,000 0
Share consolidation, shares     63,504,908 11,632,845          
Share consolidation, amount 0 0   $ 0 0 0 0 0 0
Business acquisition (Note 11), shares     1,375,000            
Business acquisition (Note 11), amount 7,081,250 7,067,500 $ 13,750 $ 0 0 0 0 7,081,250 0
Convention of Class A Ordinary shares into Class B Ordinary shares, shares     150,000 150,000          
Convention of Class A Ordinary shares into Class B Ordinary shares, amount 0 0 $ 75 $ 0 75 0 0 0 0
Net (loss) (72,187,116) 0 0 71,738,874 0 0 0 71,738,874 448,242
Foreign currency translation adjustments (4,435,667) 0 0   0 0 4,708,655 4,708,655 272,988
Balance, amount at Mar. 31, 2023 13,873,071 66,908,726 $ 77,177 59,453,593 $ 6,123 7,622,765 402,119 14,759,079 886,008
Balance, shares at Mar 31, 2025 at Mar. 31, 2023     7,724,675   612,255        
Net (loss) (9,927,324) 0 $ 0 4,289,195 $ 0 0 0 4,289,195 198,867
Foreign currency translation adjustments 3,222,698 0 $ 0 0 0 0 2,947,738 2,947,738 274,960
Share cancellation, shares     (1,000,000)            
Share cancellation, amount 2,000,000 1,990,000 $ 10,000 0 0 0 0 2,000,000 0
Discontinued operations - disposal 5,836,996 0 0 1,785,769 0 7,622,765 0 5,836,996 0
Balance, amount at Mar. 31, 2024 5,168,445 64,918,726 $ 67,177 61,957,019 $ 6,123 0 2,545,619 5,580,626 412,181
Balance, shares at Mar 31, 2025 at Mar. 31, 2024     6,724,675   612,255        
Ordinary shares issued for cash, shares     60,000,000            
Ordinary shares issued for cash, amount 27,000,000 26,400,000 $ 600,000 0 $ 0 0 0 27,000,000 0
Net (loss) (8,305,429) 0 0 7,002,647 0 0 0 7,002,647 0
Foreign currency translation adjustments (18,297) 0 0 0 0 0 18,297 18,297 0
Discontinued operations - disposal 890,601     1,302,782       1,302,782 412,181
Business combination 4,745,697 0 0   0 0 0   4,745,697
Balance, amount at Mar. 31, 2025 $ 29,002,597 $ 91,318,726 $ 667,177 $ 70,262,448 $ 6,123 $ 0 $ 2,527,322 $ 24,256,900 $ 4,745,697
Balance, shares at Mar 31, 2025 at Mar. 31, 2025     66,724,675   612,255