<p><span class="font0">O. Provisions & Contingent liabilities</span></p> <p><span class="font0">A provision is recognized when the Company has a present obligation as a result of past events and it is probable that an outflow of resources will be required to settle the obligation in respect of which a reliable estimate can be made. Provisions are reviewed at each balance sheet date and adjusted to reflect the current best estimates. Contingent liabilities are disclosed in the notes.</span></p> <p><span class="font0">Contingent assets are neither recognized nor disclosed in the financial statements.</span></p> <p><span class="font0">P. Earnings Per Share.</span></p> <p><span class="font0">Basic earnings per share is calculate by dividing the net profit or loss for the period attributable to equity shareholders by the weighted average number of equity shares outstanding during the period.</span></p> <p><span class="font0">For the purpose of calculating diluted earnings per share, the net profit or loss for the period attributable to equity shareholders and the weighted average number of shares outstanding during the period is adjusted for the effects of all dilutive potential equity shares.</span></p> <p><span class="font0">Q. Segment Reporting.</span></p> <p><span class="font0">The Company''s primary segment is identified as business segment based on nature of product, risks, returns and the internal business reporting system and secondary segment is identified based on geographical location of the customers as per Accounting Standard - 17. The Company is principally engaged in a single business segment.</span></p> <p><span class="font0">R. Income taxes</span></p> <p><span class="font0">Income tax expenses comprise current and deferred taxes. Current tax is determined on income for the year chargeable to tax in accordance with the applicable tax rates and the provisions of the Income Tax Act, 1961 and other applicable tax laws and after considering credit for Minimum Alternate Tax (MAT) available under the said Act. MAT paid in accordance with the tax laws which gives future economic benefits in the form of adjustments to future tax liability, is considered as an asset if there is convincing evidence that the future economic benefit associated with it will flow to the Company resulting in payment of normal income tax.</span></p> <p><span class="font0">S. The accounts of Sundry Debtors, Sundry Creditors and Advances are subject to confirmation.</span></p> <p><span class="font0">T. The figures have been rounded off to the nearest Rupee.</span></p> <p><span class="font0">U. There are no dues to Micro, Small and Medium Enterprises, that are reportable under Micro, Small and Medium Enterprises Development Act 2006.</span></p> <p><span class="font0">V. The Previous year''s figures have been reworked, regrouped, rearranged and reclassified</span></p> <p><span class="font0">wherever necessary. Amounts and other disclosures for the preceding year are included as an integral part of the current year financial statements and are to be read in relation to the amounts and other disclosures relating to the current year.</span></p> <p><span class="font0">For BGS & ASSOCIATES, For NETRIPPLE SOFTWARE LIMITED</span></p> <p><span class="font0">Chartered Accountants.</span></p> <p><span class="font0">FRN-0013021S</span></p> <p><span class="font0">Sd/- Sd/-</span></p> <p><span class="font0">B. Govardhana Setty Director</span></p> <p><span class="font0">Proprietor</span></p> <p><span class="font0">Membership No :224317</span></p> <p><span class="font0">Place: Hyderabad,</span></p> <p><span class="font0">Date: 02.09.2023</span></p>
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