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Notes to Consolidated Financial Statements as at 31st March, 2020
All other liabilities are classied as non-current.

Deferred tax assets and liabilities are classied as non-current assets and liabilities.

R. Borrowing Cost:
Borrowing costs directly attributable to the acquisition, construction or production of
an asset that necessarily takes a substantial period of time to get ready for its intended
use or sale are capitalised as part of the cost of the asset. All other borrowing costs are
expensed in the period in which they occur. Borrowing costs consist of interest and
other costs that an entity incurs in connection with the borrowing of funds. Borrowing
cost also includes exchange differences to the extent regarded as an adjustment to
the borrowing costs.

S. Government Grant
Governments grant are recognised where there is reasonable assurance that the
grant will be received and all attached conditions will be complied with. When the
grant relates to an expense item, it is recognised as income on a systematic basis over
the period that the related costs, for which it is intended to compensate, are expensed.
When the grant relates to an asset, it is recognised as income in equal amounts over
the expected useful life of the related asset.

T. Earnings per share:
Basic earnings per share is computed by dividing the net prot or loss for the period
attributable to the equity shareholders of the Company by the weighted average
number of equity shares outstanding during the period. The weighted average
number of equity shares outstanding during the period and for all periods presented
is adjusted for events, such as bonus shares, other than the conversion of potential
equity shares, that have changed the number of equity shares outstanding, without a
corresponding change in resources.

Diluted earnings per share is computed by dividing the net prot or loss for the period
attributable to the equity shareholders of the Company and weighted average
number of equity shares considered for deriving basic earnings per equity share and
also the weighted average number of equity shares that could have been issued upon
conversion of all dilutive potential equity shares. The dilutive potential equity shares
are adjusted for the proceeds receivable had the equity shares been actually issued at
fair value (i.e. the average market value of the outstanding equity shares).

U. Trade Receivables and Trade Payables

Trade receivables
A receivable is classied as a 'trade receivable' if it is in respect of the amount due on

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