Arohan Annual Report FY 20-21

viii. Maturity profile of defined benefit obligation (discounted) Note 38: Tax expense Maturity profile of defined benefit obligation (discounted) Year ended 31 March 2021 Year ended 31 March 2020 Year Amount Amount 0 to 1 year 139.05 109.44 1 to 2 year 98.23 82.54 2 to 3 year 97.94 60.03 3 to 4 year 70.10 69.87 4 to 5 year 144.67 52.32 5 year onwards 302.87 286.20 Total 852.86 660.40 Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March 2021 (Contd.) (a) Income tax recognised in the Statement of Profit and Loss: Year ended 31 March 2021 Year ended 31 March 2020 Current tax 6,213.95 7,520.77 Deferred tax (credit) (12,006.77) (3,442.28) Tax expense of earlier years 8.43 - (5,784.39) 4,078.49 (b) Reconciliation of income tax expense and the accounting profit for the year: Year ended 31 March 2021 Year ended 31 March 2020 Profit/ (loss) before tax (21779.331) 16,758.54 Enacted tax rates (%) 25.17% 25.17% Income tax expense calculated at corporate tax rate (5,481.42) 4,217.79 Reconciliation items Impact of tax relating to earlier years 8.43 - Impact due to different tax rate (33.00) 102.03 Tax impact of expenses not deductible 61.46 40.11 Impact on account of deductions claimed under Income Tax Act (421.31) (224.34) Others 81.45 (57.10) (5,784.39) 4,078.49 Particulars Year ended 31 March 2021 Year ended 31 March 2020 Net profit/ (loss) attributable to equity shareholders (15,994.94) 12,680.05 Nominal value of equity share (INR) 10.00 10.00 Weighted average number of equity shares for basic earning per share 1,09,850,338 10,50,16,495 Add : Diluting effect of potential equity shares issued as employee stock options 637,124 2,46,875 Weighted average number of equity shares for diluted earning per share 1,10,487,461 10,52,63,370 Earnings per share - Basic earnings per share (INR) (14.56) 12.07 - Diluted earnings per share (INR) (14.56) 12.05 Impact of employee stock options are anti-dilutive and are accordingly not considered in the calculation of diluted earnings per share Note 39: Earning per equity share Annual Report | 2020-2021 162