LEASES (Tables)
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6 Months Ended |
12 Months Ended |
Sep. 30, 2025 |
Mar. 31, 2025 |
| Leases [Abstract] |
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| Schedule of Operating Lease Related Assets and Liabilities |
The table below presents the operating lease related
assets and liabilities recorded on the balance sheets.
| | |
September 30, | | |
March 31, | |
| | |
2025 | | |
2025 | |
| Operating lease right-of-use lease assets | |
$ | 377,626 | | |
$ | 434,188 | |
| | |
| | | |
| | |
| Operating lease liabilities – current | |
$ | 292,072 | | |
$ | 275,213 | |
| Operating lease liabilities – non-current | |
| 202,158 | | |
| 258,974 | |
| Total operating lease liabilities | |
$ | 494,230 | | |
$ | 534,187 | |
|
| | |
March 31, | | |
March 31, | |
| | |
2025 | | |
2024 | |
| Operating lease right-of-use lease assets | |
$ | 434,188 | | |
$ | 346,995 | |
| | |
| | | |
| | |
| Operating lease liabilities – current | |
$ | 275,213 | | |
$ | 248,562 | |
| Operating lease liabilities – non-current | |
| 258,974 | | |
| 186,833 | |
| Total operating lease liabilities | |
$ | 534,187 | | |
$ | 435,395 | |
|
| Schedule of Weighted Average Remaining Lease Terms and Discount Rates |
The
weighted average remaining lease terms and discount rates for all of operating leases were as follows as of September 30, 2025
and March 31, 2025:
| | | September 30, | | | March 31, | | | | | 2025 | | | 2025 | | | Remaining lease term and discount rate: | | | | | | | | Weighted average remaining lease term (years) | | | 2.27 | | | | 2.74 | | | Weighted average discount rate | | | 3.69 | % | | | 3.64 | % |
|
| | | March 31, | | | March 31, | | | | | 2025 | | | 2024 | | | Remaining lease term and discount rate: | | | | | | | | Weighted average remaining lease term (years) | | | 2.74 | | | | 3.02 | | | Weighted average discount rate | | | 3.64 | % | | | 4.38 | % |
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| Schedule of Future Minimum Lease Payments |
As of September 30, 2025, future minimum lease
payments under non-cancelable operating lease agreement are as follows:
| Remaining of 2026 | |
$ | 222,753 | |
| 2027 | |
| 156,196 | |
| 2028 | |
| 83,930 | |
| 2029 | |
| 12,598 | |
| 2030 | |
| 11,123 | |
| Thereafter | |
| 27,808 | |
| Total lease payments | |
| 514,408 | |
| Less: imputed interest | |
| (20,178 | ) |
| Total | |
$ | 494,230 | |
|
| 2026 | |
$ | 286,416 | |
| 2027 | |
| 147,447 | |
| 2028 | |
| 76,551 | |
| 2029 | |
| 10,912 | |
| 2030 | |
| 10,912 | |
| Thereafter | |
| 27,281 | |
| Total lease payments | |
| 559,519 | |
| Less: imputed interest | |
| (25,332 | ) |
| Total | |
$ | 534,187 | |
|
| Schedule of Components of Lease Income |
The components of lease income are as follows:
| | | | | For the Six Months Ended | | | | | | | September 30, | | | | | Location in disaggregation of revenue | | 2025 | | | 2024 | | | Revenue from sales type leases | | Sales of equipment | | $ | 21,915 | | | $ | 8,880 | | | Financing income on lease receivables | | Financing | | | 2,775 | | | | 3,937 | | | Lease income - operating leases | | Leasing of equipment | | | 393,399 | | | | 508,013 | | | Variable lease income | | Leasing of equipment | | | 143,002 | | | | 124,543 | | | Revenue from maintenance services | | Maintenance services | | | 27,216 | | | | 47,542 | | | Total lease income | | | | $ | 588,307 | | | $ | 692,915 | |
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| | | | | For the Years Ended | | | | | | | March 31, | | | | | Location in Statements of | | | | | | | | | | | | | Income | | 2025 | | | 2024 | | | 2023 | | | Revenue from sales type leases | | Sales of equipment | | $ | 31,516 | | | $ | 45,411 | | | $ | 112,908 | | | Financing income on lease receivables | | Financing | | | 7,397 | | | | 12,019 | | | | 12,935 | | | Lease income - operating leases | | Leasing of equipment | | | 969,089 | | | | 911,140 | | | | 627,347 | | | Variable lease income | | Leasing of equipment | | | 267,428 | | | | 323,180 | | | | 482,493 | | | Revenue from maintenance services | | Maintenance services | | | 74,587 | | | | 106,745 | | | | 113,582 | | | Total lease income | | | | $ | 1,350,017 | | | $ | 1,398,495 | | | $ | 1,349,265 | |
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