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Consolidated Condensed Interim Statement of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income after tax available to common shareholders $ 648,972 $ (1,281,940)
Adjustment to reconcile net income to net cash used in operating activities:    
Deferred Tax expenses 32,971 (31,380)
Current Tax expenses 38,712
Depreciation and Amortization of intangible assets 619,939 453,791
Fair value gain on share warrant liability (2,106)
Expected credit loss on trade receivables 55,139 16,177
Loss on deconsolidation of subsidiaries 1,000
Remeasurement of the net defined benefit plans 117 14,957
Write off 11,017
Write back (8,372) (50,113)
Salary/legal and professional fees (Shares issue to Directors and others)
Finance costs 77,389 619,593
Notional Rent on Security Deposit 1,355
Profit on Termination of Lease (30,396)
Finance income - interest other (1,091)
Change in operating assets and liabilities:    
Trade receivable (1,125,454) (1,606,939)
Other financial assets (390,726) 34,224
Other assets (212,007) (679,268)
Trade payable 385,084 2,843,513
Other financial liabilities 189,164 (41,711)
Other current liabilities (40,461) 164,204
Tax (paid)/refund(net) (58,265) (92,759)
Net cash used in operating activities 182,070 372,260
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property, plant and equipment (911,005) (1,975,419)
Investment in shares of subsidiary - Sri Sai – net
Goodwill purchased on business combination
Network acquisition advance (158,216) (502,504)
Interest received
Net cash used in investing activities (1,069,221) (2,477,923)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from short term borrowings -net 1,120,597
Proceeds from short term borrowings - Preferred Convertible Security - Net 854,000
Proceeds from short term borrowings- Related party (1,091,444) 12,131
Repayment of short term borrowings - Promissory notes net
Proceeds from issue of equity shares - Referred note below 2,297,500
Proceeds/(Repayment) from financial institutions(net) (3,194) (6,410)
Proceeds /(Repayment) of short term borrowings from Banks (124,252)
Interest, commission, and other charges paid (53,552) (100,259)
Net cash provided by (used in) financing activities 1,025,059 1,880,059
Net increase / (decrease) in cash and cash equivalents 137,908 (225,604)
CASH AND CASH EQUIVALENTS – beginning of period 246,377 311,809
Effects of exchange rate changes on cash and cash equivalents (70,819) (1,097)
Deconsolidation of Lytus Inc Cash balance
CASH AND CASH EQUIVALENTS – end of period $ 313,466 $ 85,108