(a) Property, plant and equipment (including intangible assets)

i. Recognition and measurement

I tems of property, plant and equipment are measured at cost less accumulated depreciation / amortization and
accumulated impairment losses, if any.

Cost of an item of property, plant and equipment comprises its purchase price, including import duties and non¬
refundable purchase taxes, after deducting trade discounts and rebates, any directly attributable cost of bringing
the item to its working condition for its intended use and estimated costs of dismantling and removing the item and
restoring the site on which it is located.

If significant parts of an item of property, plant and equipment have different useful lives, then they are accounted for
as separate items (major components) of property, plant and equipment.

The cost of property, plant and equipment not available for use as at each reporting date is disclosed under capital
work-in-progress.

Any gain or loss on disposal of an item of property, plant and equipment is recognized in Statement of Profit or Loss.

ii. Subsequent expenditure

Subsequent expenditure is capitalized only if it is probable that the incremental future economic benefits associated
with the expenditure will flow to the Company.

iii. Depreciation and amortization

Based on an independent assessment, Management has estimated the useful lives of the following classes of assets,
which are lower than or equal to those indicated in Schedule II of the Act. Management believes this best represents
the period over which they expect to use these assets. Depreciation is provided using the straight line method (SLM),
over the estimated useful life of the asset, as follows:

Leasehold improvements are amortized over the shorter of estimated useful life of the assets or the related lease
term. Freehold land is not depreciated.

Assets with unit value of ' 5,000 or less are depreciated entirely in the year of acquisition.

Intangible assets

Intangible assets are stated at cost less accumulated amortization and impairment. Intangible assets are amortized
over their respective estimated useful lives on a straight-line basis, from the date that they are available for use.
The estimated useful life of an identifiable intangible asset is based on a number of factors including the effects of
obsolescence, demand, competition and other economic factors (such as the stability of the industry and known
technological advances) and the level of maintenance expenditures required to obtain the expected future cash flows
from the asset.

Asset block Estimated useful life

Computer software 3-5 years

The cost of property, plant and equipment not available for use before such date are disclosed under capital work-in
-progress.

(b) Leases

The Company assesses whether a contract contains a lease, at inception of a contract. A contract is, or contains, a lease if
the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. To
assess whether a contract conveys the right to control the use of an identified asset, the Company assesses whether: (i)
the contract involves the use of an identified asset (ii) the Company has substantially all of the economic benefits from use
of the asset through the period of the lease and (iii) the Company has the right to direct the use of the asset.

Company as a lessee

The Company accounts for each lease component within the contract as a lease separately from non-lease components
of the contract and allocates the consideration in the contract to each lease component on the basis of the relative stand¬
alone price of the lease component and the aggregate stand-alone price of the non-lease components.

The Company measures the lease liability at the present value of the remaining lease payments, discounted using the
incremental borrowing rate at the date of initial application. The lease liability is subsequently remeasured by increasing the
carrying amount to reflect interest on the lease liability, reducing the carrying amount to reflect the lease payments made
and remeasuring the carrying amount to reflect any reassessment or lease modifications or to reflect revised in-substance
fixed lease payments.

The Company measures the right-of-use asset at an amount equal to the lease liability, adjusted by the amount of any
prepaid or accrued lease payments relating to that lease recognized in the balance sheet immediately before the date of
initial application. The right-of-use assets is depreciated using the straight-line method from the date of initial application
over the shorter of lease term or useful life of right-of-use asset. The estimated useful lives of right-of-use assets are
determined on the same basis as those of property, plant and equipment. Right-of-use assets are tested for impairment
whenever there is any indication that their carrying amounts may not be recoverable. Impairment loss, if any, is recognized
in the Statement of Profit and Loss.

The Company has elected not to apply the requirements of Ind AS 116 to short-term leases of all assets that have a lease
term of 12 months or less and leases for which the underlying asset is of low value. The lease payments associated with
these leases are recognized as an expense on a straight-line basis over the lease term.

(c) Revenue

The Company derives revenues from rendering software services, installation and commissioning services and maintenance
services.

Revenue is recognized upon transfer of control of promised services to customers in an amount that reflects the consideration
which the Company expects to receive in exchange for those services.

i. Time and Material contracts

Revenue and costs relating to time and material contracts are recognized as and when the services are rendered.

ii. Fixed-price contracts

Revenue from fixed price service contracts and customized technology developments is recognized based on the
percentage of completion method (POC) of accounting with contract cost incurred determining the degree of
completion of the performance obligation. Revenue from maintenance contracts is recognized ratably over the term
of the maintenance arrangement.

The solutions offered by the Company may include supply of third-party software. In such cases, revenue for supply
of such third party software are recorded at gross or net basis depending on whether the Company is acting as the
principal or as an agent of the customer. The Company recognizes revenue in the gross amount of consideration when
it is acting as a principal and at net amount of consideration when it is acting as an agent.

iii. Others

Revenue from royalty is recognized when the later of the following events occurs;

a) the subsequent sale or usage occurs; or

b) the performance obligation to which some or all of the sales-based or usage-based royalty has been allocated
and satisfied (or partially satisfied).

Revenue is measured based on the transaction price, which is the consideration, adjusted for volume discounts, service
level credits, performance bonuses, price concessions and incentives, if any, as specified in the contract with the customer.
Revenue also excludes taxes collected from customers.

Contract assets are recognized when there is excess of revenue earned over billings on contracts. Contract assets are
classified as unbilled receivables (only act of invoicing is pending) when there is unconditional right to receive cash, and
only passage of time is required, as per contractual terms.

Deferred revenue ("contract liability") is recognized when there is billings in excess of revenues. Advances received for
services are reported as liabilities until all conditions for revenue recognition are met.

Interest income is recognized as it accrues in the Statement of Profit and Loss using effective interest rate method. Dividend
income is recognized when the right to receive the dividend is established.

I n accordance with Ind AS 37, the Company recognizes an onerous contract provision when the unavoidable costs of
meeting the obligations under a contract exceed the economic benefits to be received.

Contracts are subject to modification to account for changes in contract specification and requirements. The Company
reviews modification to contract in conjunction with the original contract, basis which the transaction price could be
allocated to a new performance obligation, or transaction price of an existing obligation could undergo a change. In the
event transaction price is revised for existing obligation a cumulative adjustment is accounted for.

The Company disaggregates revenue from contracts with customers by geography and nature of services.

Use of significant judgements in revenue recognition:

The Company's contracts with customers include promises to transfer services to a customer. The Company assesses the
services promised in a contract and identifies distinct performance obligations in the contract. Identification of distinct
performance obligation involves judgement to determine the deliverables and the ability of the customer to benefit
independently from such deliverables.

The Company uses judgement to determine an appropriate standalone selling price for a performance obligation. The
Company allocates the transaction price to each performance obligation on the basis of the relative stand-alone selling
price of each distinct service promised in the contract.

The Company exercises judgement in determining whether the performance obligation is satisfied at a point in time or over
a period of time. The Company considers indicators such as how customer consumes benefits as services are rendered
or who controls the asset as it is being created or existence of enforceable right to payment for performance to date
and alternate use of such service, transfer of significant risks and rewards to the customer, acceptance of delivery by the
customer, etc.

(d) Foreign currency

(i) Foreign currency transactions

Initial recognition

Transactions in foreign currency are translated into the reporting currency by applying to the foreign currency
amount, the exchange rate prevailing on the date of the transaction. Foreign exchange gains and losses resulting from
the settlement of such transactions and from translation at the exchange rates prevailing at the reporting date, of
monetary assets and liabilities denominated in foreign currencies are recognized in the Statement of Profit and Loss
and reported within foreign exchange gains/ (losses), net within results of operating activities, except when deferred
in other comprehensive income as qualifying cash flow hedges.

Non-monetary assets and liabilities that are measured based on historical cost in a foreign currency are translated at
the exchange rate on the date of the transaction.

(ii) Foreign operations

The assets and liabilities of foreign operations are translated into INR, the functional currency of the Company, at the
exchange rates at the reporting date. The income and expenses of foreign operations are translated into INR at the
exchange rates at the dates of the transactions or an average rate if the average rate approximates the actual rate at
the date of the transaction.

(e) Financial instruments

i. Recognition and initial measurement

Trade receivables are initially recognized when they are originated. All other financial assets and financial liabilities are
initially recognized when the Company becomes a party to the contractual provisions of the instrument.

A financial asset or financial liability is initially measured at fair value plus, for an item not at fair value through profit
and loss, transaction costs that are directly attributable to its acquisition or issue.

ii. Classification and subsequent measurement

Financial assets:

On initial recognition, a financial asset is classified as measured at amortized cost or fair value through profit and loss
(FVTPL) or fair value through other comprehensive income (FVTOCI).

Financial assets are not reclassified subsequent to their initial recognition, except if and in the period the Company
changes its business model for managing financial assets.

A financial asset is measured at amortized cost if it meets both of the following conditions and is not designated as at FVTPL:

- the asset is held within a business model whose objective is to hold assets to collect contractual cash flows; and

- the contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of
principal and interest on the principal amount outstanding.

Financial assets at fair value through other comprehensive income:

Financial assets are measured at fair value through other comprehensive income if these financial assets are held
within a business whose objective is achieved by both collecting contractual cash flows on specified dates that are
solely payments of principal and interest on the principal amount outstanding and selling financial assets.

All financial assets not classified as measured at amortized cost or FVTOCI are measured at FVTPL. This includes all
derivative financial assets.

Financial liabilities:

Financial liabilities are classified as measured at amortized cost or FVTPL. A financial liability is classified as FVTPL
if it is classified as held-for-trading, or it is a derivative or it is designated as such on initial recognition. Financial
liabilities at FVTPL are measured at fair value and net gains and losses, including any interest expense, are recognized
in profit or loss. Other financial liabilities are subsequently measured at amortized cost using the effective interest
method. Interest expense and foreign exchange gains and losses are recognized in the Statement of Profit and Loss.
Any gain or loss on derecognition is also recognized in Statement of Profit and Loss.

iii. Derecognition

Financial assets:

The Company derecognises a financial asset when the contractual rights to the cash flows from the financial asset
expire, or it transfers the rights to receive the contractual cash flows in a transaction in which substantially all of the
risks and rewards of ownership of the financial asset are transferred or in which the Company neither transfers nor
retains substantially all of the risks and rewards of ownership and does not retain control of the financial asset.

Financial liabilities:

The Company derecognises a financial liability when its contractual obligations are discharged or cancelled, or expired.

The Company also derecognises a financial liability when its terms are modified and the cash flows under the modified
terms are substantially different. In this case, a new financial liability based on the modified terms is recognized at fair
value. The difference between the carrying amount of the financial liability extinguished and the new financial liability
with modified terms is recognized in Statement of Profit and Loss. _

The Company is exposed to foreign exchange risk from monetary assets, liabilities and forecasted cash flows
denominated in foreign currencies. The Company limits the effect of foreign exchange rate fluctuations by following
established risk management policies including the use of derivatives. The Company enters into derivative financial
instruments where the counterparty is a bank.

Subsequent to initial recognition, derivative financial instruments are measured as described below:

Cash flow hedges

When a derivative is designated as a cash flow hedging instrument, the effective portion of changes in the fair value
of the derivative is recognized in OCI and accumulated in other equity under cash flow hedging reserve. The effective
portion of changes in the fair value of the derivative that is recognized in OCI is limited to the cumulative change in fair
value of the hedged item, determined on a present value basis, from inception of the hedge. Any ineffective portion of
changes in the fair value of the derivative is recognized immediately in Statement of Profit and Loss.

If a hedge no longer meets the criteria for hedge accounting or the hedging instrument is sold, expires, is terminated
or is exercised, then hedge accounting is discontinued prospectively. When hedge accounting for cash flow hedges is
discontinued, the amount that has been accumulated in other equity remains there until, for a hedge of a transaction
resulting in recognition of a non-financial item, it is included in the non-financial item's cost on its initial recognition
or, for other cash flow hedges, it is reclassified to Statement of Profit and Loss in the same period or periods as the
hedged expected future cash flows affect profit or loss.

If the hedged future cash flows are no longer expected to occur, then the amounts that have been accumulated in
other equity are immediately reclassified to Statement of profit and loss.

(f) Impairment

i. Impairment of financial assets

The Company recognizes loss allowances for expected credit losses on financial assets measured at amortized cost.

At each reporting date, the Company assesses whether financial assets carried at amortized cost are credit-impaired.
A financial asset is 'credit-impaired' when one or more events that have a detrimental impact on the estimated future
cash flows of the financial asset have occurred.

Evidence that a financial asset is credit-impaired includes the following observable data:

- significant financial difficulty of the borrower or issuer;

- a breach of contract such as a default or being past due for 180 days or more;

- the restructuring of a loan or advance by the Company on terms that the Company would not consider otherwise

- it is probable that the borrower will enter bankruptcy or other financial reorganization: or

- the disappearance of an active market for a security because of financial difficulties

Loss allowances for trade receivables are always measured at an amount equal to lifetime expected credit losses.
Lifetime expected credit losses are the expected credit losses that result from all possible defaults over the expected
life of a financial instrument.

ii. Impairment of non-financial assets

The Company's non-financial assets, other than deferred tax assets, are reviewed at each reporting date to determine
whether there is any indication of impairment. If any such indication exists, then the asset's recoverable amount is
estimated.

For impairment testing, assets that do not generate independent cash inflows are grouped together into cash¬
generating units (CGUs). Each CGU represents the smallest group of assets that generates cash inflows that are
largely independent on the cash inflows of other assets or CGUs.

An impairment loss is recognized if the carrying amount of an asset or CGU exceeds its estimated recoverable amount.
The recoverable amount of an asset or cash generating unit is the higher of its fair value less cost of disposal (FVLCD)
and its value-in-use (VIU). The VIU of long-lived assets is calculated using projected future cash flows. FVLCD of a
CGU is computed using turnover and earnings multiples. Impairment losses are recognized in the Statement of Profit
and Loss. Impairment loss recognized in respect of a CGU is allocated first to reduce the carrying amount of any
goodwill allocated to the CGU, and then to reduce the carrying amounts of the other assets of the CGU (or group of
CGUs) on a pro rata basis.

I f at the reporting date, there is an indication that a previously assessed impairment loss no longer exists, the
recoverable amount is reassessed and the impairment losses previously recognized are reversed such that the asset
is recognized at its recoverable amount but not exceeding written down value which would have been reported if the
impairment losses had not been recognized initially.

iii. Investment in subsidiaries

Investment in subsidiaries is initially recognized at cost and subsequently at cost less impairment if any

The Company assesses at each reporting date whether there is any indication that such investments may be impaired.
If any such indication exists, the Company estimates the recoverable amount of the investment. The recoverable
amount of CGU is higher of VIU and fair value less costs to sell. The calculation of value in use of a CGU involves use of
significant estimates and assumptions which includes growth rates and net margins used to calculate projected future
cash flows, risk-adjusted discount rate, future economic and market conditions. An impairment loss is recognised in
the Statement of Profit and Loss to the extent the carrying amount exceeds the recoverable amount. An assessment is
also made at each reporting date to determine whether there is any indication that previously recognised impairment
losses may no longer exist or may have decreased. If such indication exists, the Company estimates the asset's
recoverable amount and reverses the impairment loss to the extent that the asset's carrying amount does not exceed
the carrying amount that would have been determined (net of depreciation or amortisation) had no impairment loss
been recognised previously

(g) Equity

i. Share capital

The authorized share capital of the Company as on March 31, 2025 is ' 5,500 lakhs i.e. 550 lakh equity shares of ' 10
each, par value of the equity shares is recorded as share capital. Every holder of the equity shares, as reflected in the
records of the Company as of the date of the shareholder's meeting shall have one vote in respect of each share held
for all matters submitted to vote in the shareholder's meeting.

ii. Capital reserve

Any profit or loss on purchase, sale, issue or cancellation of the Company's own equity instruments is transferred to
capital reserve.

Capital reserve amounting to ' 132 lakhs (March 31, 2024: ' 132 lakhs) is not freely available for distribution.

iii. Capital redemption reserve

A statutory reserve created to the extent of sum equal to the nominal value of the share capital extinguished on
buyback of Company's own shares.

Capital redemption reserve amounting to ' 1,521.51 lakhs (March 31, 2024: ' 1,521.51 lakhs) is not freely available for
distribution.

iv. Securities premium

Amount received in excess of par value of equity share is classified as securities premium. Securities premium
amounting to ' 752.11 lakhs (March 31, 2024: 326.74 lakhs ) is not freely available for distribution.

v. Share based payments reserve

Share based payment reserve is used to record the fair value of equity-settled share-based payment transactions with
employees over the vesting period. This reserve is utilised upon exercise of options.

Share based payments reserve amounting to ' 817.90 lakhs (March 31, 2024: ' 863.02 lakhs ) is not freely available
for distribution.

vi. Retained earnings

Retained earnings comprises of the Company's undistributed earnings after taxes and is available for dividend
distribution.

vii. General reserve

General reserve comprises of the Company's undistributed earnings after taxes and is available for dividend
distribution.

viii. Other Comprehensive Income (OCI)

Changes in the fair value of financial instruments measured at fair value through Other Comprehensive Income and
remeasurement gains and losses on defined benefit plans are recognized in Other Comprehensive Income (net of
taxes), and presented within equity as Other Comprehensive Income.

a) Cash flow hedging reserve

Changes in fair value of derivative hedging instruments designated and effective as a cash flow hedge are
recognized in other comprehensive income (net of taxes), and presented within equity as cash flow hedging
reserve.

b) Remeasurement gains / losses

Remeasurement gains / losses on defined benefit plans are recognized in Other Comprehensive Income (net of
taxes) and presented in within equity.

c) Fair valuation of financial instruments

Changes in fair value of financial instruments(investment) designated through other comprehensive income
recognized in Other Comprehensive Income (net of taxes) and presented within equity.

(h) Employee benefits

I) Post-employment and pension plans

The Company's employees participate in various employee benefit plans. Pensions and other post-employment
benefits are classified as either defined contribution plans or defined benefit plans. Under a defined contribution plan,
the Company's only obligation is to pay a fixed amount with no obligation to pay further contributions if the fund
does not hold sufficient assets to pay all employee benefits. The related remeasurement and investment risks fall on
the employee. The expenditure for defined contribution plans is recognized as an expense during the period when
the employee renders service. Under a defined benefit plan, it is the Company's obligation to provide agreed benefits
to the employees. The related remeasurement and investment risks fall on the Company. The present value of the
defined benefit obligations is calculated by an independent actuary using the projected unit credit method.

All remeasurement gains or losses are immediately recognized in OCI, net of taxes and permanently excluded from
Statement of Profit and Loss. Further, the profit or loss will not include an expected return on plan assets. Instead net
interest recognized in profit or loss is calculated by applying the discount rate used to measure the defined benefit
obligation to the net defined benefit liability or asset. The actual return on the plan assets above or below the discount
rate is recognized as part of remeasurement of net defined liability or asset through OCI, net of taxes. The Company
has the following employee benefit plans:

i. Gratuity

The Company provides for gratuity, a defined benefit plan covering all eligible employees. The plan provides a
lump sum payment to eligible employees at retirement or on termination of employment based on the salary of
the respective employee and the years of employment with the Company.

The Company contributes to gratuity funds maintained by third parties, such as insurance companies and mutual
funds. The amount of contribution is determined based upon remeasurement valuations as at the period end
using the projected unit credit method. Provision is made for the shortfall between the remeasurement valuation
carried out as at balance sheet date as per projected unit credit method and the fair value of the plan assets with
the third parties, such as insurance companies and mutual funds.

Remeasurements of the net defined benefit liability, which comprise remeasurement gains and losses, the return
on plan assets (excluding interest) and the effect of the asset ceiling (if any, excluding interest), are recognized
in OCI, net of taxes. The Company determines the net interest expense (income) on the net defined benefit
liability (asset) for the period by applying the discount rate used to measure the defined benefit obligation at the
beginning of the annual period to the then-net defined benefit liability (asset), taking into account any changes
in the net defined benefit liability (asset) during the period as a result of contributions and benefit payments. Net
interest expense and other expenses related to defined benefit plans are recognized in profit or loss.

ii. Provident fund

Employees in India are eligible to receive provident fund benefits through a defined benefit plan in which the
employees and the employer make monthly contributions to the plan. A portion of the contribution is made to
the approved provident fund trust managed by the Company while the remainder of the contribution is made to
the Government administered pension fund. The Provident Fund Trust guarantees a specified rate of return on
such contributions. The contributions made to the trust managed by the Company is accounted for as a defined
benefit plan as the Company is liable for any shortfall in the Trust's assets based on the Government specified
rate of return. The contributions made to the Government administered Pension Fund is accounted for as a
defined contribution plan as the Company has no obligation other than to make such contributions.

iii. Pension

In case of Germany branch, pension contributions are made as per the local laws and regulations. The Company
provides for these pension benefits, a defined benefit plan, covering all eligible employees. The plan provides for
various pension benefits to eligible employees at retirement or on termination of employment based on earnings
of the respective employee and the years of employment with the Company. The Company contributes to a
reinsured support fund maintained by an external agency. The contributions made by the employer are charged to
the Statement of Profit and Loss on accrual basis. Provision is made for the shortfall between the remeasurement
valuation carried out as at the year end are based on the projected unit credit method and the plan assets.

For other overseas branches, social security contributions are made as per the respective local laws and
regulations. The same is charged to the statement of profit and loss on an accrual basis. There are no obligations
beyond the respective entity's contributions.

Remeasurements of the net defined benefit liability, which comprise remeasurement gains and losses are
recognized in OCI.

II) Superannuation

The Company contributes to a superannuation scheme, a defined contribution plan maintained by an insurance
company. Such contributions are charged to the statement of profit and loss on an accrual basis. The Company has no
other obligations beyond its monthly contributions.

III) Short - term employee benefits

Employee benefits payable wholly within twelve months of receiving employee services are classified as short term
employee benefits. These benefits include salaries and wages, bonus and ex-gratia. The undiscounted amount of
short-term employee benefits to be paid in exchange for employee services is recognized as an expense as the related
service is rendered by employees.

IV) Compensated absences

The Company's employees are entitled to compensated absences. The employees can carry forward a portion of
the unutilized accumulating compensated absences and utilize it in future periods or receive cash at retirement or
termination of employment. The Company records an obligation for compensated absences in the period in which
the employee renders the services that increases this entitlement. The Company measures the expected cost of
compensated absences as the additional amount that the Company expects to pay as a result of the unused entitlement
that has accumulated at the end of the reporting period. The Company recognizes accumulated compensated
absences based on remeasurement valuation using the projected unit credit method. Non-accumulating compensated
absences are recognized in the period in which the absences occur.

Accumulated leaves, which are expected to be utilized within the next twelve months and not eligible to be carried
forward to future years, is treated as short term employee benefit. The Company measures the expected cost of such
absences as the additional amount that it expects to pay as a result of the unused entitlement that has accumulated
at the reporting date. These amounts are charged to the statement of profit and loss.

(i) Income taxes

Income tax comprises current and deferred tax. It is recognized in Statement of Profit and Loss, except to the extent that it
relates to a business combination or to an item recognized directly in equity or in OCI.

i. Current tax

Current tax comprises the expected tax payable or receivable on the taxable income or loss for the year and any
adjustment to the tax payable or receivable in respect of previous years. The amount of current tax reflects the best
estimate of the tax amount expected to be paid or received after considering the uncertainty, if any, related to income
taxes. It is measured using tax rates (and tax laws) enacted or substantively enacted by the reporting date and
applicable for the period. Current tax assets and current tax liabilities are offset only if there is a legally enforceable
right to set off the recognized amounts, and it is intended to realize the asset and settle the liability on a net basis or
to realize the asset and settle the liability simultaneously.

ii. Deferred tax

Deferred tax is recognized using the Balance Sheet approach in respect of temporary differences between the carrying
amounts of assets and liabilities for financial reporting purposes and the corresponding amounts used for taxation
purposes. Deferred tax is also recognized in respect of carried forward tax losses and tax credits. Deferred tax is not
recognized for:

- Temporary differences arising on the initial recognition of assets or liabilities in a transaction that is not a
business combination and that affects neither accounting nor taxable profit or loss at the time of the transaction;

- Temporary differences related to investments in subsidiaries, associates and joint arrangements to the extent
that the Company is able to control the timing of the reversal of the temporary differences and it is probable that
they will not reverse in the foreseeable future; and

- Taxable temporary differences arising on the initial recognition of goodwill.

Deferred tax assets are recognized to the extent that it is probable that future taxable profits will be available against
which they can be used.

Deferred tax assets, whether unrecognized or recognized, are reviewed at each reporting date and are recognized/
reduced to the extent that it is probable/ no longer probable respectively that the related tax benefit will be realized.

Deferred tax is measured at the tax rates that are expected to apply to the period when the asset is realized or the
liability is settled, based on the laws that have been enacted or substantively enacted by the reporting date.

The measurement of deferred tax reflects the tax consequences that would follow from the manner in which the
Company expects, at the reporting date, to recover or settle the carrying amount of its assets and liabilities.

Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities and
assets, and they relate to income taxes levied by the same tax authority on the same taxable entity, or on different tax
entities, but they intend to settle current tax liabilities and assets on a net basis or their tax assets and liabilities will
be realized simultaneously.

(j) Earnings per share

Basic earnings per share is computed by dividing the net profit or loss for the year attributable to equity shareholders by
the weighted average number of equity shares outstanding during the year. The weighted average numbers of equity shares
outstanding during the year is adjusted for events of bonus issue; bonus element in a rights issue to existing shareholders;
share split; and reverse share split (consolidation of shares) and buy back of shares. Shares bought back are considered to
have been bought back at the beginning of the year, irrespective of the date of buy back.

For the purpose of calculating diluted earnings per share, the net profit or loss for the year attributable to equity shareholders
and the weighted average number of shares outstanding during the year is adjusted for the effects of all dilutive potential
equity shares, except where the results are anti-dilutive.