Notes to Accounts of Sellowrap Industries Ltd.

Mar 31, 2025

11. Earning Per Share

Basic earning per share is calculated by dividing the net profit for the period attributable to equity shareholders by the weighted average number of equity share outstanding during the year.

Net Profit/(loss) After (Provision for Taxation) / No. of Equity Shares 825.74/100.96 = 8.18

12. Accounting for taxation on Income

a) Provision for deferred tax liabilities is made considering timing difference and applying provision. Provision for current tax is made after taking into consideration benefits admissible under the provisions of the Income Tax Act, 1961.Deffered tax resulting from “Timing difference between taxable and accounting income is accounted for using the tax and laws that are enacted or substantively enacted as on the balance sheet date. Deferred tax asset is recognized and carried forward only to the extent that there is a virtual certainty that the asset will be realized in future.