Inventories, Net

12 Months Ended

Mar. 31, 2026

Disclosure of inventory [abstract]

Inventories, Net

7.INVENTORIES, NET

	Successor			Successor
	As of March 31, 2026			As of March 31, 2025
	US$’000			US$’000
Raw Materials		11,705			11,834
Work-in-progress		968			2,782
Finished goods		6,223			20,445
Less: Allowance for inventories obsolescence		(1,741	)		(2,515	)
Total inventories, net		17,155			32,546

For the year ended March 31, 2026, inventories cost of $69.7 million (2025: $82.0 million, 2024: $70.4 million) were recognized as an expense and included in “cost of revenue”.

Allowance for inventories obsolescence amounted to $0.1 million was recognized during the year ended March 31, 2026. Allowance for inventories obsolescence amounted to $0.6 million was recognized during the year ended March 31, 2025. For the period June 16, 2023 to March 31, 2024 and April 1, 2023 to June 15, 2023, a reversal of allowance for inventories obsolescence of $0.3 million and $0.006 million were recognized, respectively. The write-downs and reversals are included in “cost of revenue”. Previous allowances of $0.9 million have been reversed during the year ended March 31, 2026 as certain related inventories were sold and their value was realized during the respective period.