v3.25.2
Property and Equipment
 12 Months Ended
Mar. 31, 2025
Property and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 9 — PROPERTY AND EQUIPMENT (All Amounts in USD)

 

Property and equipment consist of the following:

 

Description  Rights of
use of
assets -
office
premises		   Building   Plant and
equipment		   Furniture and
fittings		   Vehicles   Office
equipment		   Computer
equipment		   Total   Capital
work in
progress		 
Gross carrying value
As at March 31, 2022   
—
    
—
    
—
    
—
    
—
    
—
    
—
    
—
    
—
 
Additions   461,420    
—
    2,326,888    11,802    24,396    796    26,856    2,852,158    
—
 
Acquisition through business combination   25,111    32,006    7,349,465    
—
    17,600    
—
    4,200    7,428,382    794,271 
As at March 31, 2023   486,531    32,006    9,676,353    11,802    41,996    796    31,056    10,280,540    794,271 
Additions   27,323    
—
    1,735,286    4,779    
—
    
—
    342    1,767,730    
—
 
Adjustments   
—
    
—
    
—
    
—
    
—
    
—
    
—
    
—
    83,832 
As at March 31, 2024   513,854    32,006    11,411,639    16,581    41,996    796    31,398    12,048,270    878,103 
Additions   723,650    
—
    3,014,255    4,463    133,475    106,807    2,715    3,985,366    
—
 
Disposals   (495,932)   
—
    
—
    
—
    
—
    
—
    
—
    (495,932)   
—
 
Adjustments   
—
    
—
    
—
    
—
    
—
    
—
    
—
    
—
    (553,018)
As at March 31, 2025 (USD)   741,573    32,006    14,425,894    21,044    175,471    107,603    34,113    15,537,704    325,085 
                                              
Accumulated depreciation and impairment loss                                             
As at March 31, 2022   
—
    
—
    
—
    
—
    
—
    
—
    
—
    
—
    
—
 
Charge for the year   50,845    462    616,304    421    7,307    61    4,613    680,013    
—
 
As at March 31, 2023   50,845    462    616,304    421    7,307    61    4,613    680,013    
—
 
Charge for the year   108,997    450    787,148    1,487    5,167    158    7,264    910,671    
—
 
As at March 31, 2024   159,842    912    1,403,452    1,908    12,474    219    11,877    1,590,684    
—
 
Charge for the year   140,703    439    1,062,779    1,516    10,519    10,559    7,679    1,234,193    
—
 
Derecognised on ‘Disposals   (188,868)   
—
    
—
    
—
    
—
    
—
    
—
    (188,868)   
—
 
As at March 31, 2025 (USD)   111,677    1,351    2,466,231    3,424    22,993    10,778    19,556    2,636,010    
—
 
                                              
Net block as at March 31, 2023   435,686    31,544    9,060,049    11,381    34,689    735    26,443    9,600,527    794,271 
Net block as at March 31, 2024   354,012    31,094    10,008,187    14,673    29,522    577    19,521    10,457,586    878,103 
Net block as at March 31, 2025 (USD)   629,895    30,655    11,959,664    17,620    152,478    96,825    14,557    12,901,695    325,085 
                                              

 

Vehicles with a carrying value of $152,478 as of March 31, 2025, of $29,522 as of March 31, 2024, and $34,689 as of March 31, 2023 are pledged as security for borrowings.

 

Building with a carrying value of $30,655 as of March 31, 2025, of $31,094 as of March 31, 2024, and of $31,544 as of March 31, 2023 is pledged as security for borrowings.