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Commitments and Contingencies (Tables)
6 Months Ended
Sep. 30, 2023
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,
2023

 

Lease :

 

 

 

 

 

Operating lease cost

 

 

 

 

54,536

 

Short-term lease cost

 

 

 

 

17,824

 

Total lease cost

 

 

 

 

72,360

 

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,
2023

 

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

 

 

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

 

 

 

 

 

 

 

 

 

52,594

 

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

 

 

 

 

 

 

 

 

 

 

 

Operating Assets

 

 

 

 

 

 

 

 

 

 

578,899

 

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

 

Particulars

 

 

 

As of
September 30,
2023
(Unaudited)

 

Operating Leases:

 

 

 

 

 

 

 

 

 

 

 

Operating Lease ROU Asset, net

 

 

 

 

 

 

 

 

 

 

918,940

 

 

 

 

 

 

 

 

 

 

 

 

Other current liabilities

 

 

 

 

 

 

 

 

 

 

455,830

 

Operating lease liabilities

 

 

 

 

 

 

 

 

 

 

272,089

 

Total operating lease liabilities

 

 

 

 

 

 

 

 

 

 

727,919

 

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

 

 

 

 

 

 

 

 

 

 

 

As of
September 30,
2023

 

Operating Leases

 

 

 

 

 

 

 

 

 

 

5.20

 

 

v)
Weighted Average Discount Rate

 

 

 

 

 

 

 

 

 

 

 

As of
September 30,
2023
(Unaudited)

 

Operating Leases

 

 

 

 

 

 

 

 

 

 

12.72

%

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

 

Particulars

 

 

 

Lease
Liabilities
(USD)*

 

For Period Ended September 30:

 

 

 

 

 

 

 

 

 

 

 

2024

 

 

 

 

 

 

 

 

 

 

469,702

 

2025

 

 

 

 

 

 

 

 

 

 

131,939

 

2026

 

 

 

 

 

 

 

 

 

 

123,346

 

2027

 

 

 

 

 

 

 

 

 

 

93,655

 

2028

 

 

 

 

 

 

 

 

 

 

15,419

 

Thereafter

 

 

 

 

 

 

 

 

 

 

36,323

 

Total Lease Payments

 

 

 

 

 

 

 

 

 

 

870,384

 

Less: Imputed Interest

 

 

 

 

 

 

 

 

 

 

(142,465

)

Total

 

 

 

 

 

 

 

 

 

 

727,919