Provisions are recognized when the Company has apresent legal or constructive obligation as a resultof past events, it is probable that an outflow ofresources will be required to settle the obligationand the amount can be reliably estimated. These arereviewed at each year end and reflect the best currentestimate. Provisions are not recognized for futureoperating losses.
Where there are a number of similar obligations, thelikelihood that an outflow will be required in settlementis determined by considering the class of obligations asa whole. A provision is recognized even if the likelihoodof an outflow with respect to any one item included inthe same class of obligations may be small.
Provisions are measured at the present value of bestestimate of the expenditure required to settle thepresent obligation at the end of the reporting period.The discount rate used to determine the present value isa pre-tax rate that reflects current market assessmentsof the time value of money and the risks specific tothe liability. The increase in the provision due to thepassage of time is recognized as interest expense.
Contingent liabilities are disclosed when there isa possible obligation arising from past events, theexistence of which will be confirmed only by theoccurrence or non-occurrence of one or more uncertainfuture events not wholly within the control of theCompany or a present obligation that arises from pastevents where it is either not probable that an outflowof resources will be required to settle the obligation ora reliable estimate of the amount cannot be made.
Contingent assets are disclosed where an inflow ofeconomic benefits is probable.
Earnings per share (EPS) is calculated by dividingthe net profit or loss for the period attributable toequity shareholders by the weighted average numberof equity shares outstanding during the period.Earnings considered in ascertaining the EPS is the netprofit for the period and any attributable tax theretofor the period.
For the purpose of calculating diluted EPS, the netprofit for the period attributable to equity shareholdersand the weighted average number of equity sharesoutstanding during the period are adjusted for theeffects of all dilutive potential equity shares.
FOR, DINESH R. THAKKAR & CO. FOR AND ON BEHALF OF THE BOARD,
CHARTERED ACCOUNTANTS MAITRI ENTERPRISES LIMITED
FRN : 102612W
KEYUR M. THAKKAR J JAIKISHAN R. AMBWANI RAMESHLAL B. AMBWANI
(PARTNER) (MANAGING DIRECTOR) (CHAIRMAN )
M NO. 190243 DIN : 03592680 DIN : 02427779
ALPESH M. PATEL UDDESH JAIN
(CHIEF FINANCIAL OFFICER) (COMPANY SECRETARY)
M. NO. ACS 76454
PLACE: AHMEDABAD PLACE: AHMEDABAD
DATE:30 MAY, 2025 DATE: 30 MAY, 2025