Modification of Earlier Arrangement and Acquisition of Sri Sai (Tables)

12 Months Ended

Mar. 31, 2024

Modification of Earlier Arrangement and Acquisition of Sri Sai [Abstract]

Schedule of Applying the New Accounting Policy

Extract from Financial Statements	As at April 1, 2022 (Pre-adjustment)		Adjustments		As at April 1, 2022 (Post-adjustment)		As at March 31, 2023
Assets items
Non-current assets
Intangible (Customer Acquisition, net of amortisation)	35,186,496		(35,186,496	)	—		—
Deferred tax assets*	537,915		(537,915	)	—		—
Current assets
Other receivables	50,939,090		(50,939,090	)	—		—
Total of assets	86,663,501		(86,663,501	)	—		—
Liabilities Items
Non-current liabilities
Customer Acquisition List Payable, net of current portion	(29,146,665	)			—		—
Less: Part Payment made towards Customer Acquisition during the year ended March 31, 2023	(395,209	)			—		—
Net of payments during the year ended March 31, 2023	(28,751,456	)	28,751,456		—		—
Deferred tax liability*	(2,297,717	)	2,297,717
Current liabilities
Other financial liabilities
Interest on tax payable	(845,792	)	845,792
Other current liabilities:
CSR expenses payable	(206,619	)			—		—
Statutory liabilities*	(7,790,691	)	7,997,310		—		—
Customer acquisition payable	(29,146,665	)	29,146,665
Current tax liability	(3,305,308	)	3,305,308
Total of liabilities	(72,344,247	)	72,344,247		—		—
Net balances adjusted			(14,319,254	)	—		—
Retained earnings (refer to Consolidated Statement of Changes in Equity)	12,148,403		(14,319,254	)	(2,170,851	)	4,518,954

*        These balances were as per standalone financial statements of Lytus India