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Commitments and Contingencies (Tables)
9 Months Ended 12 Months Ended
Dec. 31, 2023
Mar. 31, 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
December 31,
2023

 

Lease :

 

 

 

Operating lease cost

 

 

54,133

 

Short-term lease cost

 

 

15,356

 

Total lease cost

 

 

69,489

 

i)
The following table presents the various components of lease costs:

 

Particulars

 

For the year ended
March 31, 2023

 

Lease:

 

 

 

Operating lease cost

 

 

221,166

 

Short-term lease cost

 

 

41,212

 

Total lease cost

 

 

262,378

 

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
December 31,
2023

 

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

 

 

 

Operating cash flows from operating leases

 

 

59,437

 

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

 

 

 

Operating Assets

 

 

557,117

 

 

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 year ended
March 31, 2023

 

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

 

 

 

Operating cash flows from operating leases

 

 

206,823

 

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

 

 

 

Operating Assets

 

 

732,658

 

 

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

 

Particulars

 

As of
December 31,
2023

 

Operating Leases:

 

 

 

Operating Lease ROU Asset, net

 

 

868,391

 

 

 

 

Short term liabilities

 

 

423,710

 

Long term liabilities

 

 

246,743

 

Total operating lease liabilities

 

 

670,453

 

iii)
Balance sheet information related to leases are as follows:

 

Particulars

 

March 31,
2023

 

Operating Leases:

 

 

 

Operating Lease ROU Asset, net

 

 

545,988

 

Other current liabilities

 

 

208,697

 

Operating lease liabilities

 

 

360,306

 

Total operating lease liabilities

 

 

569,003

 

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

 

 

As of
December 31,
2023

 

Operating leases

 

 

5.20

 

 

v)
Weighted Average Discount Rate

 

 

 

As of
December 31,
2023

 

Operating leases

 

 

12.72

%

iv)
Weighted Average Remaining Lease Term (In years)

 

Particulars

 

As of March 31,
2023

 

Operating Leases:

 

 

5.71

 

 

v)
Weighted Average Discount Rate

 

Particulars

 

As of March 31,
2023

 

Operating Leases:

 

 

15.26

%

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

 

Particulars

 

Lease
Liabilities
(USD)*

 

For Period Ended December 31 2023

 

 

 

2024

 

 

436,030

 

2025

 

 

122,249

 

2026

 

 

124,193

 

2027

 

 

67,548

 

2028

 

 

12,472

 

Thereafter

 

 

33,577

 

Total Lease Payments

 

 

796,069

 

Less: Imputed Interest

 

 

(125,616

)

Total

 

 

670,453

 

 

* The lease liabilities are translated into U.S. Dollars using the closing rate for the period ended December 31, 2023

vi)
Maturities of lease liabilities were as follows:

 

Particulars

 

Lease Liabilities
(USD)

 

For Year Ended March 31:

 

 

 

2024

 

 

224,770

 

2025

 

 

180,959

 

2026

 

 

130,928

 

2027

 

 

129,542

 

2028

 

 

47,418

 

Thereafter

 

 

56,313

 

Total Lease Payments

 

 

769,930

 

Less: Imputed Interest

 

 

(200,928

)

Total

 

 

569,003

 

 

* The lease liabilities are translated into USD using the closing rate for the year ended March 31, 2023