Net Loss Per Share

12 Months Ended

Mar. 31, 2024

27. 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 year ended March 31, 2024			For the year ended March 31, 2023
Numerator:
Net loss		(99,669,335	)		(14,024,268	)
Less: dividend attributable to preferred stockholders for the current year		-			119,216
Net loss attributable to Roadzen Inc. ordinary shareholders		(99,669,335	)		(14,143,484	)
Denominator:
Weighted-average shares used in computing net loss per share attributable to Roadzen Inc. ordinary shareholders - basic and diluted		44,032,410			16,501,984
Net loss per share attributable to Roadzen Inc. ordinary shareholders - basic and diluted		(2.26	)		(0.86	)

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 year ended March 31, 2024		For the year ended March 31, 2023
Share warrants		20,363,067		-
Restricted stock units		9,707,928		-
Convertible instruments		24,645		-
Preferred stock		—		1,125,376
Total		30,095,640		1,125,376