Net Loss Per Share

6 Months Ended

Sep. 30, 2024

24. Net loss per share

Basic net loss per share attributable to ordinary shareholders is computed by dividing the net loss by the number of weighted-average outstanding Ordinary Shares. Diluted net loss per share attributable to ordinary shareholders is determined by giving effect to all potential common equivalents during the reporting period, unless including them yields an antidilutive result. The Company considers its preferred stocks, convertible notes and share warrants as potential common equivalents, but excluded them from the computation of diluted net loss per share attributable to ordinary shareholders in the periods presented, as their effect was antidilutive.

The following table sets forth the computation of basic net loss per share attributable to ordinary shareholders and preferred stock holders:


Particulars	For the three months ended September 30, 2024				For the three months ended September 30, 2023			For the six months ended September 30, 2024			For the six months ended September 30, 2023
Numerator:
Net loss		(21,810,039	)			(31,081,800	)		(70,217,064	)		(35,121,044	)
Less: dividend attributable to preferred stockholders for the current year		-				-			-			40,297
Net loss attributable to Roadzen Inc. ordinary shareholders		(21,810,039	)	-		(31,081,800	)		(70,217,064	)		(35,161,341	)
Denominator:
Weighted-average shares used in computing net loss per share attributable to Roadzen Inc. ordinary shareholders - basic and diluted		68,440,829				22,272,967			68,440,829			19,387,476
Net loss per share attributable to Roadzen Inc. ordinary shareholders - basic and diluted		(0.32	)			(1.40	)		(1.03	)		(1.81	)

The following table summarizes the number of potential Ordinary Shares equivalents that were excluded from the computation of diluted net loss per share attributable to ordinary shareholders for the periods presented:


Particulars	For the six months ended September 30, 2024		For the six months ended September 30, 2023
Share warrants		21,618,972		19,157,081
Restricted stock units		9,714,986		-
Convertible instruments		54,542		-
Total		31,388,500		19,157,081