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Commitments and Contingencies (Tables)
6 Months Ended
Sep. 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
period ended
September 30,
2024

 

Lease :

 

 

 

 

 

Operating lease cost

 

 

 

 

135,040

 

Short-term lease cost

 

 

 

 

42,757

 

Total lease cost

 

 

 

 

177,797

 

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
period ended
September 30,
2024

 

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

 

 

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

 

 

 

 

 

 

 

 

 

96,076

 

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

 

Particulars

 

 

 

As of
September 30,
2024

 

Operating Leases:

 

 

 

 

 

 

 

 

 

 

 

Operating Lease ROU Asset, net

 

 

 

 

 

 

 

 

 

 

946,798

 

Short term liabilities

 

 

 

 

 

 

 

 

 

 

397,957

 

Long term liabilities

 

 

 

 

 

 

 

 

 

 

379,697

 

Total operating lease liabilities

 

 

 

 

 

 

 

 

 

 

777,654

 

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

 

 

 

 

 

 

 

 

 

 

 

As of
September 30,
2024

 

Operating leases

 

 

 

 

 

 

 

 

 

 

5.12

 

 

v)
Weighted Average Discount Rate

 

 

 

 

 

 

 

 

 

 

 

As of
September 30,
2024

 

Operating leases

 

 

 

 

 

 

 

 

 

 

12.57

%

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

 

Particulars

 

 

 

Lease
Liabilities
(USD)*

 

For Period Ended September 30, 2024

 

 

 

 

 

 

 

 

 

 

 

2025

 

 

 

 

 

 

 

 

 

 

357,464

 

2026

 

 

 

 

 

 

 

 

 

 

177,555

 

2027

 

 

 

 

 

 

 

 

 

 

151,925

 

2028

 

 

 

 

 

 

 

 

 

 

91,185

 

2029

 

 

 

 

 

 

 

 

 

 

91,069

 

Thereafter

 

 

 

 

 

 

 

 

 

 

189,525

 

Total Lease Payments

 

 

 

 

 

 

 

 

 

 

1,058,723

 

Less: Imputed Interest

 

 

 

 

 

 

 

 

 

 

(281,069

)

Total

 

 

 

 

 

 

 

 

 

 

777,654

 

 

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