a. Revenue Recognition

S“^°„f^S|'S^Sed °" ^de'^iVe,y °^f,hePIOiUC% "^P°" ^PaSSi”^S °^f,i,le °^fg“^{dS and}' °^r°^{n trans}^^er°fsignificant

Revenue from services rendered is recognised as the service is completed and for which there is certainty of ultimate collection
Interest Income is lecogmsed in the profit and loss account on accrual basis.

b. Property, Plant & Equipment
Tangible Assets

Tangible assets are stated at cost, less accumulated depreciation and impairment losses, if any. Cost comprises the purchase price

Ý 77h^{18 C}°^Stm '^fcaP^lt‘*^{llzatlon cntena are met and} any cost attributable to bringing the assets to its working condition for its

-intended use which includes taxes, lreigM_imd_!iisCiUatimuandmliocalcd4nddeirtal-exf>en4ittiredmffl«-cons1ructioTr'^Lacnutsition and -

exclusive of CENVAT ,ax credit (IGST/CGST and SGST) o, other tax credlTTallable,»

P^eTpla⁰™,¹T„d“;ipmeⁿ„^g,^{ible haTO} ^ ^{,hey are aCC}°“"^{Kd for as} W” components) of

^"T¹ ccpend'tnre relating to tangible assets is capitalized only if such expenditure results in an increase in the future benefits
from such asset beyond its previously assessed standard of performance.

The useful life residual value and the depreciation method are reviewed atleast at each year end. If the expectations differ from
previous estimates, the changes are accounted for prospectively as a change in accounting estimate.

Intangible assets

An intangible asset is recognized when it is probable that the future economic benefits attributable to the asset will flow to the
enterprise and where its cost can be reliably measured. Intangible assets are stated at cost of acquisition leTacc^lJS
amortization and impairment losses, if any. Cost comprises the purchase price and any cost attributable to bringing the assets to its
ing condition foi its intended use which includes taxes, freight, and installation and allocated incidental expenditure during
Company⁰¹¹⁷ *** °ⁿ 3"^{d exclusive} of CENVAT/ Input tax credit (IGST/CGST and SGST) or other tax credif available to the

Subsequent expenditure relating to inta^^sgj^capital ized only if such expenditure results in an increased) wjfoe futur&benefits
from such asset beyond its previouslyji^led-standard of performance.

cash flows are discounted their present value „ the Je'X a,“S cot o " a“ha!" ^aSSeSS,"^{g V!}"“^e " “^{K eS,i}™^,ed
After impairment, depreciation/amorfzation is provided on the revised easing amount of the asset over its remaining useful life

c. Inventories

Cost of Consumables, stores and spares are expensed in the year of purchase.

d. Taxes on Income

Tax expense for the period comprises of current tax and deferred tax.

fneotSal Ac™l'^aX * ^m“ⁱ'ⁱ °ⁿ ““ ^ ^{of es,im}“^d “ ** current accounting year in accordance with the

sss z^m^»nr:::ih“r:dr^5™ a^^i"^8a,ly “^{,e riEh}'^{,o sa} —Ý

32 22E32 ^{tax profts for ,he year is accounttd f0E usin8 ,he} - ^raKs *-^d

™de

^bt“ td.^da“ ^ ^ “a“t ™ah“r,!"c^aeZ £

At each reporting date, the Company reassesses the unrecognized deferred tax assets, if any.

e. Employee Benefits

(i) Short-term obligations

presented as current employee benefit obligations in the balance sheet. ^d' ™ ^{hablhtles ar}e

(ii) Defined contribution plans

h^mSr"^

contribution plana and the contribution^^ , £%££££%£ accotmgdhnr, deftned

a. Functional and Presentation Currency

The financial statements are presented in Indian rupees (Rs.) or ? which is also the Company's functional currency All
the amounts stated in the financial statements are presented in Rs. Lakhs unless otherwise stated.

b. Accounting Estimates

The preparation of Financial Statements in conformity with Indian Accounting Standards (Ind AS) requires management of the
Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent

the!e T^S a! ^{£ the Financial} Statements and the results of operations during the reporting period. Although

estimates are based upon management’s best knowledge of current events and actions, actual results could differ from thote
estimates. Any revision to accounting estimates is recognised prospectively in the current and future periods. Examples of such

?Pn???i?&^tL?ii!!nSnr^{nS Cmpl}°^{yee retirement} benefit plans, recognition of Deferred Tax Assets and useful lives

c. Current and non-current classification

The Company presents assets and liabilities in the balance sheet based on current and non-current classification
An asset is current, when it satisfies any of the following criteria:

• It is expected to be realised or intended to sold or consumed in normal operating cycle-

• It is held primarily for the purpose of trading;

It is expected to be realised within twelve months after the reporting period, or

?porting^Spe°rio^Cd^{Sh eqUiVa}'^{ent Un}'^{eSS restricted from bein}S exchanged or used to settle a liability for at least twelve months after the

?^r,^re?^{aSSetS include the} current portion of non-current financial assets. All other assets are classified as non-current"

A liability is current when it satisfies any of the following criteria:

• It is expected to be settled in normal operating cycle;

• It is held primarily for the puipose of trading;

• It is due to be settled within twelve months after the reporting period- or

• There is no unconditional right to defer the settlement of the liability for at least twelve months after the reporting period
Current liabilities include the current portion of non-current financial liabilities. All other liabilities are classified as non-current.

d. Borrowing cost

Borrowing costs are interest and other costs incurred in connection with the borrowing of funds. Borrowing costs directly attributable
to acqmsit'on or construction of an asset whiduimessariljUala^i^ _are—

^{P d} as part of the cost of that asset. Other borrowing costs are recognised as expense in the period in which they are incurred.

e. Foreign currency translation
Initial recognition:

LTtW^{CUITenCy transaCti0I}!^{s are rec}°^{rded in the} reporting currency by applying the exchange rate between the reporting currency
and the foreign currency at the date of the transaction. ^y

Conversion:

Foreign currency monetary items are reported using the closing rate. Non-monetary items which are carried in terms of historical

cost denominated m a foreign currency are reported using the exchange rate at the date of the transaction; non-monetary items which

“^,6,^{d at fa,r}/^a? °^{r 0the}; ^{simdar valuati0}" denominated in a foreign currency are reported using the exch^geTa ellat
existed when such values were determined. ^{s dL}

Exchange differences:

Exchange differences arising on the settlement of monetary items or on reporting the Company’s monetary items at rates different

from those at which they were initially recorded during the year, or reported in previous financial statements, are rcoZjdll
income or as expenses in the year in which they occur. eco_tonisea as

Forward Exchange Contracts:

Wion^0mpan^{y USeS}T^f°^reig” ^exchange forward jmntr^krivative instruments to hedge its exposure on account of movements in
foreign exchange. These derivatives are gep^^i^ith banks and not used for trading or speculation purpdsbs Se e
derivative instruments are accounted as fojttjws: \ :JT7 Ý

f^s/Fj^0°9399Sl$U Jrpv—j

/U^mblERAS/tD 1*11 ' ) ^T\> ' /

^WhiC|l ^a'^e :"^,eredu ““ ‘° ^h'^{dge ,lle f}°^{reign risk} °^f <to underlying instrument outstanding on the date

the contract Anvnmf!7^a^ ^& °^{r dlSC}°^{UIlt 00 SUch contracts} is amortized as income or expense over the life of

forth/Z fj1 ZT^n§ °" ^{thC cancellati0n or r}“l forward contracts is recognized as an income or expend
e period. The exchange difference on such a forward exchange contract is calculated as the difference between

° ^{CUrrency amount} of the contract translated at the exchange rate at the Balance Sheet date, or the settlement date

where the transaction is settled during the reporting period and

ii) the same foreign currency amount translated at the later of the date of inception of the forward exchange contract and the
whi7t”e'e«S“ge mts *„^age^{ge d}'^{fferenCeS reC}°^g"^iZed ™ »^{f 1}>"« in the reporting period in

Forward contracts which are entered into to hedge the foreign currency risk of the highly probable transactions or firm comm itmenK

ZdTrZtf ^ ^ ^ ^ ^ead’^BaIa'^{1Ce Sheet date}- ^The resultant loss from these transactions is recognised in the Statement of Profit
” r °^freSultant.g^ains> ^such gains -e not accounted in the books of accounts of the
valuation loss already recongmsed in earlier years are reversed in the year of such decrease in fair valuation loss.

f. Earnings Per Share

!Wlnrf^CamPe'' ^{Share are} calculated by dividing the net profit or loss for the period attributable to equity shareholders (after

tIt ' T Z u ^{and attribUtab}'^{e taX6S) by the W6ighted avera}§^e “““ber of equity share/ oI“_gSfS

period. Partly paid equity shares are treated as a fraction of an equity share to the extent that thev arp ^{& &} .

dividends relative to a fully paid equity share during the reporting perbd ^{Y t0 part,C}'^pate “

I1i,T„d^{h,ed aVe}T stores are adjusted for events sueh as bonus issue, bonus element in the rights issue share

Sl;™'a„1e^a te resources'^{50 lda}‘^IOn °^f ^ ‘^h”^g'^d *"

t^Fh?wm-a^PhZ°^{Se 0fCalCUla}t'^lg “ ^{earningS per Share}’^{the net profit or loss for the} year attributable to equity shareholders and
shares ^3ge " ^ ^reS °^{UtStandmg during the period are} Rusted for the effects of all dilutee potential equity

g. Leases

As a Lessee

Leases, where the lessor effectively retains substantially all the risks and benefits of ownership of the leased item are classified as
Loss on"! s^ghMteetsfs oTer ETEZ*'^Pre,”^iSeS statement °f Profit and