XML 58 R51.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Commitments and Contingencies (Tables)
3 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Components of Lease Cost
i)
The following tables presents the various components of lease costs:

 

Particulars

 

 

 

For the
three months ended
June 30,
2024

 

Lease :

 

 

 

 

 

Operating lease cost

 

 

 

 

88,741

 

Short-term lease cost

 

 

 

 

21,385

 

Total lease cost

 

 

 

 

110,126

 

Schedule of Supplemental Cash Flow Information Related to Leases and Non Cash Flows Arising From Lease Transactions
ii)
The following table presents supplemental information relating to the cash flow and non cash flows arising from lease transactions. Cash payments related to short-term leases are not included in the measurement of operating liabilities, and, as such, are excluded from the amounts below.

 

Particulars

 

 

 

For the
three months ended
June 30,
2024

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

 

 

 

 

 

 

 

 

 

51,972

 

Right-of-use assets obtained in exchange for lease obligations:

 

 

 

 

 

 

 

 

 

 

 

Operating Assets

 

 

 

 

 

 

 

 

 

 

-

 

Schedule of Balance Sheet Information Related to Leases
iii)
Balance sheet information related to leases is as follows:

 

Particulars

 

 

 

As of
June 30,
2024

 

Operating Leases:

 

 

 

 

 

 

 

 

 

 

 

Operating Lease ROU Asset, net

 

 

 

 

 

 

 

 

 

 

981,108

 

Short term liabilities

 

 

 

 

 

 

 

 

 

 

314,675

 

Long term liabilities

 

 

 

 

 

 

 

 

 

 

508,143

 

Total operating lease liabilities

 

 

 

 

 

 

 

 

 

 

822,818

 

Summary of Weighted Average Remaining Lease Terms and Discount Rates
iv)
Weighted Average Remaining Lease Term (In years)

 

 

 

 

 

 

 

 

 

 

 

As of
June 30,
2024

 

Operating leases

 

 

 

 

 

 

 

 

 

 

5.37

 

 

v)
Weighted Average Discount Rate

 

 

 

 

 

 

 

 

 

 

 

As of
June 30,
2024

 

Operating leases

 

 

 

 

 

 

 

 

 

 

12.62

%

Schedule of Maturities of Lease Liabilities
vi)
Maturities of lease liabilities were as follows:

 

Particulars

 

 

 

Lease
Liabilities
(USD)*

 

For Period Ended June 30, 2024

 

 

 

 

 

 

 

 

 

 

 

2025

 

 

 

 

 

 

 

 

 

 

381,273

 

2026

 

 

 

 

 

 

 

 

 

 

177,134

 

2027

 

 

 

 

 

 

 

 

 

 

173,585

 

2028

 

 

 

 

 

 

 

 

 

 

93,321

 

2029

 

 

 

 

 

 

 

 

 

 

90,309

 

Thereafter

 

 

 

 

 

 

 

 

 

 

212,117

 

Total Lease Payments

 

 

 

 

 

 

 

 

 

 

1,127,739

 

Less: Imputed Interest

 

 

 

 

 

 

 

 

 

 

(304,921

)

Total

 

 

 

 

 

 

 

 

 

 

822,818

 

 

* The lease liabilities are translated into U.S. Dollars using the closing rate for the period ended June 30, 2024