h. Provisions
Provisions are recognized when the Company has a present obligation (legal or constructive) as a result of a
past event, it is probable that an outflow of economic benefits will be required to settle the obligation and are
liable estimate can be made of the amount of the obligation.
i. Dividends
Provision is made for the amount of any dividend declared, being appropriately authorised and no longer at
the discretion of the entity, on or before the end of the reporting period but not distributed at the end of the
reporting period.
j. Earnings per share
The basic earnings per share is computed by dividing the net profit for the period attributable to equity
shareholders by the weighted average number of equity shares outstanding during the period. The number of
shares used in computing diluted earnings per share comprises the weighted average shares considered for
deriving basic earnings per share and also the weighted average number of equity shares which would have
been issued on the conversion of all dilutive potential equity shares. Dilutive potential equity shares are
deemed converted as of the beginning of the period unless they have been issued at a later date.
k. Rounding of amounts
The Financial Statements have been presented in Indian Rupees (INR), which is the Company's functional
currency. All financial information presented in INR has been rounded off to nearest lakhs as per the
requirement of Schedule III, unless otherwise stated.
l. Policy for employee's benefits
Short Term Employee Benefits The undiscounted amount of short term employee benefits expected to be paid
in exchange for the services rendered by employees are recognized as an expense during the period when the
employees render the services.
CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY
The preparation of the Company's financial statements requires management to make judgment, estimates
and assumptions that affect the reported amount of revenue, expenses, assets and liabilities and the
accompanying disclosures.
Accounting estimates could change from period to period. Actual results could differ from those estimates.
Appropriate changes in estimates are made as and when management becomes aware of changes and
circumstances surrounding the estimates. Changes in the estimates are reflected in the financial statements in
the period in which changes are made and, if material, their effects are disclosed in the notes to financial
statements.
Application of accounting policies that require critical accounting estimates involving complex and subjective
judgments and the use of assumptions in these financial statements have been disclosed below:
> Recognition of deferred tax asset: availability of future taxable profit
> Recognition and measurements of provision and contingencies: key assumption of the livelihood and
magnitude of an outflow of resources.
> Impairments of Non-Financial Assets
> Impairments of Financial Assets
As per our report of even date For and on behalf of the Board
For Bilimoria Mehta & Co. KUBER UDYOG LIMITED
Chartered Accountants
Firm Reg Number: 101490W
Jalpesh Vora
Partner Sd/- Sd/- Sd/-
Membership No.: 106636 (Chetan Shinde) (Sejal B. Soni) ( Leena Kumawat )
Place: Mumbai Managing Director Director & CFO Company Secretary
Date: 30.05.2025 DIN : 06996605 DIN : 07751759 & Compliance Officer
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