11. Contingent Liabilities

A contingent liability is a possible obligation that arise from past events whose existence will be
confirmed by the concurrency or non-occurrence of one or more uncertain future events beyond
the control of the company or a present obligation that is not recognized because it is not probable
that an outflow of resources will be required to settle the obligation. A contingent liability also arises
in extremely rare cases where there is a liability that cannot be recognized because it cannot be
measured reliably. However, there is no Contingent Liability.

12. Provisions

A provision is recognized when the company has a present obligation as a result of past event, it is
probable that an outflow of resources embodying economic benefits will be required to settle the
obligation and a reliable estimate can be made of the amount of the obligation. Provisions are not
discounted to their present value and are determined based on the best estimate required to settle
the obligation at the reporting date. These estimates are reviewed at each reporting date and
adjusted to reflect the current best estimates.

Where the company expects some or all of a provision to be reimbursed, for example under an
insurance contract, the reimbursement is recognized as a separate asset but only when the
reimbursement is virtually certain. The expense relating to any provision is presented in the
statement of profit and loss net of any reimbursement.

13. Cash and cash equivalent

The bank balances in India include INR accounts. The Cash & Cash Equivalent comprises Cash and
balance in current and deposit accounts stood at Rs. 1,44,29,015/- as at March 31, 2025.

14. Earning per share

Basic earnings per share are calculated 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.

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 are adjusted for the effect of all potentially dilutive equity share.

In terms of our report of even date

For S S R V and Associates

(Chartered Accountants) For, Mage nta Lifecare Limited

Firm Registration No.: 135901W

Sd/- Sd/-

Divyesh Modi Khyati Modi

(Managing Director) (Director)

Sd/- DIN: 02016172 DIN: 06727195

Vishnu Kant Kabra

(Partner)

Membership No.: 403437

Place: Mumbai Sd/- Sd/-

Date: 31^st May, 2025 Hardika Ladha Malvik Mehta

UDIN: 25403437BMIOSZ2594 (Company Secretary) (CFO)