v3.26.1
Reconciliation of tax expense and accounting profit multiplied by tax rate (Details)
₨ in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2026
USD ($)
Mar. 31, 2026
INR (₨)
Mar. 31, 2025
INR (₨)
Mar. 31, 2024
INR (₨)
Major components of tax expense (income) [abstract]        
(Loss)/ Profit for the year $ (705) ₨ (66,018) ₨ 23,501 ₨ (366,505)
Total income tax expense $ 211 19,768 (12,849) 37,174
(Loss)/ Profit before income taxes [1]   (46,250) 10,652 (329,331)
Expected tax expense at statutory income tax rate [2]   130,037 84,863 (165)
Non-deductible expenses   904 1,138 17,026
Utilization of previously unrecognized tax losses   (1,253) (35,867) (29,260)
Current year losses for which no deferred tax asset was recognized   (137,480) (37,497) 83,574
Change in unrecognized temporary differences   19,505 (11,639) (35,638)
Effect of change in tax rate   (5,726)
Others   ₨ 8,055 ₨ (8,121) ₨ 1,637
[1] Refer to Note A above for breakup of loss before tax into domestic (Parent Company) and foreign operations (subsidiaries).
[2] The domicile of the Parent Company is Cayman Islands. The Group’s two major tax jurisdictions are India and Singapore with tax rates ranging between 25.17% to 26.00% (March 31, 2025: 25.17% to 26.00% and March 31, 2024: 25.17% to 26.00%) in India and 17% (March 31, 2025: 17% and March 31, 2024: 17%) in Singapore, that have been applied to profit/(loss) of the respective jurisdiction for determination of expected tax expense.