Lytus Technologies Holdings PTV. (LYT) F-1/A 28 Oct 24 Registration statement (foreign) (amended) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Mar. 31, 2024
Document Information Line Items
Entity Registrant Name	LYTUS TECHNOLOGIES HOLDINGS PTV. LTD.
Document Type	F-1/A
Amendment Flag	true
Amendment Description	AMENDMENT NO. 2
Entity Central Index Key	0001816319
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Incorporation, State or Country Code	D8
Entity Address, Address Line One	Unit 1214
Entity Address, Address Line Two	ONE BKC
Entity Address, Address Line Three	G BlockBandra Kurla ComplexBandra East
Entity Address, City or Town	Mumbai
Entity Address, Country	IN
Entity Address, Postal Zip Code	400 051
City Area Code	(284)
Local Phone Number	494-2810
Business Contact
Document Information Line Items
Entity Address, Address Line One	530 Seventh Avenue
Entity Address, Address Line Two	Suite 508
Entity Address, City or Town	New York
Entity Address, Postal Zip Code	10018
City Area Code	+1
Local Phone Number	315-9304588
Contact Personnel Name	CCS Global Solutions, Inc.
Entity Address, State or Province	NY

Consolidated Statements of Fina

Consolidated Statements of Financial Position - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Current assets
Cash and cash equivalents	$ 246,377	$ 311,810
Other financial assets	4,222,957	2,529,576
Trade receivables, net	3,682,302	1,831,724
Other current assets	1,938,327	1,652,936
Total current assets	10,089,963	6,326,046
Non-current assets
Property and equipment, net	10,457,586	9,600,526
Capital work-in-process	878,103	794,271
Intangible assets and goodwill, net	1,034,184	1,060,228
Intangible assets under development		11,051
Other non-current financial assets	285,523	275,049
Other non-current assets	8,747,601	8,714,907
Deferred tax assets	70,463	103,746
Total non-current assets	21,473,460	20,559,778
Total assets	31,563,423	26,885,824
Current Liabilities
Borrowings	1,728,190	3,889,131
Trade payables	8,430,154	6,802,780
Other financial liabilities	243,655	1,715,060
Employee benefits obligation	209	212
Other current liabilities	3,413,025	2,452,190
Current tax liability	160,266	399,174
Total current liabilities	13,975,499	15,258,547
Non-current liabilities
Borrowings	769,795	10,185
Other financial liabilities	241,951	321,749
Employee benefits obligations	102,322	72,456
Deferred tax liability	494,731	478,359
Total non-current liabilities	1,608,799	882,749
Total liabilities	15,584,298	16,141,296
Commitments and contingencies	7,500,000	8,911,022
EQUITY
Equity share capital	538,996	375,766
Other equity	12,425,098	7,830,284
Equity attributable to equity holders of the Company	12,964,094	8,206,050
Non-controlling interest	3,015,031	2,538,478
Total equity	15,979,125	10,744,528
Total liabilities and equity	$ 31,563,423	$ 26,885,824

Consolidated Statements of Prof

Consolidated Statements of Profit or Loss and Other Comprehensive Income - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Revenue from contracts with customers	$ 21,363,775	$ 19,008,184
Other income	1,639,567	385,145
Total income	23,003,342	19,393,329
Expenses:
Costs of revenue	16,762,580	13,884,291
Amortization of intangible assets	15,813	16,211
Depreciation	910,671	680,013
Legal and professional expenses	386,622	833,079
Staffing expenses	844,098	633,979
Other operating expenses	2,643,948	2,267,265
Total expenses	21,563,732	18,314,838
Finance Income		19,123
Finance Cost	638,957	2,210,404
Profit before income tax	800,653	(1,112,790)
Income tax expense	147,479	523,047
(Loss)/profit for the year	653,174	(1,635,837)
(Loss)/profit attributable to:
Controlling interest	287,669	(2,348,103)
Non-controlling interest	365,505	712,266
Items that will not be reclassified to profit or loss
Reclassification of defined benefit obligation, net of tax	(957)	(1,400)
Items that may be reclassified subsequently to profit or loss
Exchange difference on foreign currency translation of subsidiaries, net of tax	82,351	216,022
Total comprehensive income/(Loss) for the year	734,568	(1,421,215)
Total comprehensive income/(Loss) attributable to:
Controlling interest	258,015	(2,190,732)
Non-controlling interest	$ 476,553	$ 769,517
Basic and diluted earnings per share
Basic (loss)/earning per common share (in Dollars per share)	$ 0.3	$ (3.83)
Basic weighted average number of shares outstanding (in Shares)	967,510	613,481
Diluted (loss)/earning per common share (in Dollars per share)	$ 0.3	$ (3.83)
Diluted weighted average number of common shares outstanding (in Shares)	967,510	613,481

Consolidated Statements of Chan

Consolidated Statements of Changes In Equity - USD ($)	Share capital Previously Reported	Share capital	Translation of foreign subsidiaries Previously Reported	Translation of foreign subsidiaries	Retained earnings Previously Reported	Retained earnings	ESOP Trust Previously Reported	ESOP Trust	Total Previously Reported	Total	Non-controlling interest Previously Reported	Non-controlling interest	Securities Premium reserve	Employee benefits reclassification	Previously Reported	Total
Balance at Mar. 31, 2022	$ 341,541	$ 341,541	$ (283,077)	$ (283,077)	$ 12,148,402	$ (2,170,851)			$ 12,206,866	$ (2,112,387)	$ 1,908	$ 1,908			$ 12,208,774	$ (2,110,480)
Balance (in Shares) at Mar. 31, 2022	569,235	569,235
Adjustments for Modification of Reachnet Agreement (refer note 22)						(14,319,254)				(14,319,254)						(14,319,254)
Derecognition on disposal of a subsidiary – GHSI												(1,908)				(1,908)
Issue of shares		$ 30,010								14,254,250			$ 14,224,240			14,254,250
Issue of shares (in Shares)		50,016
Share warrants exercised		$ 4,215								75,323			71,108			75,323
Share warrants exercised (in Shares)		7,025
Cost of IPO										(1,820,404)			(1,820,404)			(1,820,404)
Profit/(Loss) for the year						(2,348,103)				(2,348,103)		712,266				(1,635,837)
Acquired in the business combination (Refer Note 23)												1,768,961				1,768,961
Other comprehensive income for the year				158,085						(157,371)		57,251		$ (714)		214,622
Balance at Mar. 31, 2023		$ 375,766		(124,992)		(4,518,954)				8,206,050		2,538,478	12,474,944	(714)		10,744,528
Balance (in Shares) at Mar. 31, 2023		626,276
Profit/(Loss) for the year						287,669				287,669		365,505				653,174
Issue of Shares to DTC (Refer Note 16) (in Shares)		46,040
Issue of Shares to ESOP Trust (Refer Note )						(5,720,000)		5,720,000
Issue of Shares to ESOP Trust (Refer Note ) (in Shares)		666,652
Issue of shares common stock – Lenders (Refer Note 16)		$ 158,809								4,337,333			4,178,524			4,337,333
Issue of shares common stock – Lenders (Refer Note 16) (in Shares)		481,187
Issue of shares common stock – Others (Refer Note 16)		$ 1,421								52,295			50,874			52,295
Issue of shares common stock – Others (Refer Note 16) (in Shares)		2,369
Issue of shares common stock – Directors (Refer Note 16)		$ 3,000								110,400			107,400			110,400
Issue of shares common stock – Directors (Refer Note 16) (in Shares)		5,000
Other comprehensive income for the year				(29,164)						(29,654)		111,048		(489)		81,394
Balance at Mar. 31, 2024		$ 538,996		$ (154,156)		$ (9,951,285)		$ 5,720,000		$ 12,964,094		$ 3,015,031	$ 16,811,742	$ (1,203)		$ 15,979,125
Balance (in Shares) at Mar. 31, 2024		1,827,524

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Profit/(loss)/for the year	$ 653,174	$ (1,635,837)
Adjustment to reconcile (loss)/profit to net cash used in operating activities:
Deferred tax (benefit)/expense	28,241	135,640
Income tax expense	119,238	387,407
Amortization of intangible assets	926,484	696,224
Loss on deconsolidation of subsidiary (refer note 24)	1,000	192,776
Fair value gain on remeasurement of warrant liability		(22,766)
Remeasurements of the net defined benefit plans	29,774	30,606
Expected credit loss on trade receivables	72,698	(120,544)
Finance Cost	638,957	2,210,404
Sundry balances written off during the year	11,268
Liabilities no longer required written back	(1,635,651)	(360,878)
Finance income		(19,123)
Salary/Legal and professional fees (Shares issued)	158,821
Change in operating assets and liabilities:
Inventories
Trade receivable	(1,945,143)	381,946
Other receivable
Other financial assets	63,121	102,242
Other assets	(564,469)	(730,555)
Trade payable	2,578,248	132,056
Other financial liabilities	(9,161)	(566,378)
Other current liabilities	3,267	255,511
Security Deposits
Cash flow used in operating activities after working capital changes	1,129,867	1,068,731
Income tax (paid)/refund, net	(243,833)	84,604
Net cash used in operating activities	886,034	1,153,335
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment and intangible assets (including intangible assets under development)	(1,936,320)	(10,820,099)
Interest received		19,123
Advances for acquisition of network	(1,715,361)	(2,119,038)
Net cash used in investing activities	(3,651,681)	(12,920,014)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from short term borrowings from directors – Net	937,807
Repayment of 7% secured promissory notes		(1,000,000)
Proceeds from short term borrowings – Preferred Convertible Security	1,004,705
Proceeds from short term borrowings – Related party	31,214
Proceeds from long term borrowings - Bank	1,004,026
Repayment of short-term borrowings – Directors Loans		518,125
Proceeds on issuance of shares		12,509,169
Proceeds from financial institutions (net)	(10,862)	10,449
Interest, commission and other charges paid	(261,660)	(382,341)
Net cash provided by financing activities	2,705,230	11,655,402
Net increase (decrease) in cash and cash equivalents	(60,417)	(111,277)
CASH AND CASH EQUIVALENTS – beginning of period	311,810	8,758
Acquired in Business Combination (refer note 23)		432,138
Adjustment for deconsolidation of subsidiary (refer note 24)	(1,000)	(7,608)
Effects of exchange rate changes on cash and cash equivalents	(4,016)	(10,201)
CASH AND CASH EQUIVALENTS – end of period	246,377	$ 311,810
Non-cash transactions:
Shares issued to the suppliers, directors and other for the services	162,695
Share issued against repayment of:
Senior convertible Notes	3,333,333
Preferred convertible Security	1,004,000
Transactions with Lytus Inc for the investments in Lytus Inc for CCD and Lytus Inc to Lytus India is squared off due to option agreement.	135,000
Shares issued to ESOP trust

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting and Reporting Policies	12 Months Ended
	Mar. 31, 2024
Nature of Operations and Summary of Significant Accounting and Reporting Policies [Abstract]
NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING AND REPORTING POLICIES	NOTE 1 — NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING AND REPORTING POLICIES Nature of Operations Lytus Technologies Holdings PTV. Ltd. (Reg. No. 2033207) (“Lytus Tech” or the “Company”) was incorporated on March 16, 2020 (date of inception) under the laws of the British Virgin Islands (BVI). On March 19, 2020, Lytus Tech acquired a wholly owned subsidiary in India, Lytus Technologies Private Limited (CIN U22100MH2008PTC182085) (“Lytus India”), on April 1, 2022, it acquired a majority shareholding (51%) in an Indian company, Sri Sai cable and Broadband Private Limited (CIN U74999TG2018PTC124509) (“Sri Sai” or “SSC”) and on January 1, 2023, it acquired a wholly owned subsidiary in United States, Lytus Technologies Inc 3 3 The Company’s registered office is at 116 Main Street, P.O. Box 3342, Road Town, Tortola British Virgin Islands. The consolidated financial statements comprise financial statements of the Company and its subsidiaries (together referred to as “the Group”). On June 17, 2022, the Company consummated its initial public offering (“IPO”) on NASDAQ Capital Markets. The Company has listed common shares on the NASDAQ Capital Market under the trading symbol “LYT”. Basis of preparation The consolidated financial statements of the Company have been prepared in accordance with International Financial Reporting Standards (IFRS) and interpretations issued by the IFRS Interpretations Committee (IFRS IC) applicable to companies reporting under IFRS. The financial statements comply with IFRS as issued by the International Accounting Standards Board (IASB). The accounting policies used for the preparation of these consolidated financial statements are based upon the application of IFRS 1.D17, which results in assets and liabilities being measured at the same carrying amount as in the standalone financial statements of subsidiaries for the year ended March 31, 2024 and for the year ended March 31, 2023 after adjusting for consolidation and equity accounting adjustments and for the effects of the business combination in which the entity acquired the subsidiary. The functional and reporting currency of the Company and Group is “INR” and “USD”, respectively and all amounts, are rounded with two decimals, unless otherwise stated. The consolidated financial statements have been prepared under the historical cost convention. Basis of Consolidation The subsidiaries considered in the preparation of these consolidated financial statements are: Name of Subsidiary % Shareholding and Voting Power Country of As of As of Lytus Technologies Private Limited India 100 % 100 % Sri Sai Cable and Broadband Private Limited India 51 % 51 % Lytus Technologies Inc. United States — 100 % 3 “The Company has deconsolidated two companies GHSI and Lytus Inc. during the period ending March 1, 2023 and 1 April 2023, respectively. Refer to note 24. Note: These consolidated financial statements are prepared in accordance with IFRS 10 “Consolidated Financial Statements”. Subsidiaries are entities controlled by the Company. Control is achieved where the Company has existing rights that give it the current ability to direct the relevant activities that affect the Company’s returns and exposure or rights to variable returns from the entity. Subsidiaries are consolidated from the date of their acquisition, being the date on which the group obtains control, and continue to be consolidated until the date that such control ceases. The consolidated financial statements of the Company and its subsidiaries are combined on a line -by-line -group Non -controlling -controlling -controlling Critical accounting estimates The preparation of the consolidated financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the Group’s accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the consolidated financial statements, are disclosed in note 2. Recent accounting standards The Group has not applied the following new and revised IFRSs that have been issued but are not yet effective. • • -current • • • • * ** *** IFRS 16 — Lease Liability in a Sale and Leaseback In September 2022, the IASB issued ‘Lease Liability in a Sale and Leaseback (Amendments to IFRS 16)’ with amendments that clarify how a seller -lessee IAS 1 — Non-current Liabilities with Covenants In October 2022, IASB issued ‘Non -current -current IAS 1 — Classification of Liabilities In January 2020, IASB issued the final amendments in Classification of Liabilities as Current or Non -Current -current IAS 1 — Disclosure of Accounting Policies In February 2021, IASB issued ‘Disclosure of Accounting Policies (Amendments to IAS 1 and IFRS Practice Statement 2)’ which is intended to help entities in deciding which accounting policies to disclose in their financial statements. The amendments to IAS 1 require entities to disclose their material accounting policies rather than their significant accounting policies. The amendments to IFRS Practice Statement 2 provide guidance on how to apply the concept of materiality to accounting policy disclosures. The Group does not expect this amendment to have any significant impact in its financial statements. IAS 8 — Definition of Accounting Estimates In February 2021, IASB issued ‘Definition of Accounting Estimates (Amendments to IAS 8)’ to help entities to distinguish between accounting policies and accounting estimates. The definition of a change in accounting estimates has been replaced with a definition of accounting estimates. Under the new definition, accounting estimates are “monetary amounts in financial statements that are subject to measurement uncertainty”. Entities develop accounting estimates if accounting policies require items in financial statements to be measured in a way that involves measurement uncertainty. The Group does not expect this amendment to have any significant impact in its financial statements. IAS 12 — Income Taxes In May 2021, IASB issued ‘Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Amendments to IAS 12), which clarify how companies account for deferred tax on transactions such as leases and decommissioning obligations. The amendments narrowed the scope of the recognition exemption in paragraphs 15 and 24 of IAS 12 (recognition exemption) so that it no longer applies to transactions that, on initial recognition, give rise to equal taxable and deductible temporary differences. The Group does not expect this amendment to have any significant impact in its financial statements. The IASB has issued the amendments to IFRS 10 and IAS 28 deal with situations where there is a sale or contribution of assets between an investor and its associate or joint venture. The effective date of the amendments has yet to be set by the Board. The Group does not expect the amendment to have any impact on its consolidated financial statements. Amendments to IAS 16 for the proceeds before intended use. The amendments prohibit deducting from the cost of an item of property, plant and equipment any proceeds from selling items produced before that asset is available for use. The amendments are effective for annual periods beginning on or after 1 January 2022. The Group does not expect the amendment to have any impact on its consolidated financial statements. Amendments to IAS 37 for cost of fulfilling a contract. The amendments specify that the cost of fulfilling a contract comprises the costs that relate directly to the contract. The amendments are effective for annual periods beginning on or after 1 January 2022. The Group does not expect the amendment to have any impact on its consolidated financial statements. IAS 7 and IFRS 7 — Supplier Finance Arrangements In May 2023, the IASB issued ‘Supplier Finance Arrangements (Amendments to IAS 7 and IFRS 7)’ which require an entity to provide additional disclosures about supplier finance arrangements. Solely credit enhancements for the entity or instruments used by the entity to settle their dues, are not supplier finance arrangements. Entity will have to disclose information that enables users of financial statements to assess how these arrangements affect its liabilities and cash flows and to understand their effect on an its exposure to liquidity risk and how it might be affected if the arrangements were no longer available to it. The Group does not expect the amendments to have any significant impact on its presentation of liabilities. IAS 21 — The Effects of Changes in Foreign Exchange Rates In August 2023, the IASB issued ‘Lack of Exchangeability (Amendments to IAS 21)’ to provide guidance to specify which exchange rate to use when the currency is not exchangeable. An entity must estimate the spot exchange rate as the rate that would have applied to an orderly transaction between market participants at the measurement date and that would faithfully reflect the economic conditions prevailing. The Group does not expect this amendment to have any significant impact in its financial statements. Current and non-current classification Assets and liabilities are presented in the statement of financial position based on current and non -current An asset is classified as current when: it is either expected to be realized or intended to be sold or consumed in normal operating cycle; it is held primarily for the purpose of trading; it is expected to be realized within 12 months after the reporting period; or the asset is cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least 12 months after the reporting period. All other assets are classified as non -current A liability is classified as current when: it is either expected to be settled in normal operating cycle; it is held primarily for the purpose of trading; it is due to be settled within 12 months after the reporting period; or there is no unconditional right to defer the settlement of the liability for at least 12 months after the reporting period. All other liabilities are classified as non -current The operating cycle is the time between the acquisition of assets for processing and their realization in cash and cash equivalents. The Company has identified twelve months as its operating cycle. Basis of Deconsolidation When events or transactions results in a loss of control over the subsidiary, the assets and liabilities of the subsidiary including any goodwill are derecognised. Amounts previously recognised in the consolidated statements of comprehensive income within “other comprehensive income” in respect of that entity are also reclassified to the consolidated statements of comprehensive income or transferred directly to retained earnings if required by a specific Standard. Any retained equity interest in the entity is remeasured at fair value. The difference between the carrying amount of the retained interest at the date when control is lost and its fair value is recognised in the consolidated statements of comprehensive income. Functional and presentation currency Items included in the financial statements of the Company are measured using the currency of India (INR) which is the primary economic environment in which the Company operates (‘the functional currency’). The financial statements are presented in United States dollars. Transactions and balances Foreign currency transactions are translated into the presentation currency using the exchange rates at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation of monetary assets and liabilities denominated in foreign currencies at year end exchange rates are generally recognized in profit or loss. They are deferred in equity if they relate to qualifying cash flow hedges and qualifying net investment hedges or are attributable to part of the net investment in a foreign operation. Foreign exchange gains and losses that relate to borrowings are presented in the statement of profit or loss, within finance costs. All other foreign exchange gains and losses are presented in the statement of profit or loss on a net basis within other gains/(losses). Non -monetary -monetary -monetary Financial Instruments Financial Assets Classification The Group classifies its financial assets in the following measurement categories: • • The classification depends on the entity’s business model for managing the financial assets and the contractual terms of the cash flows. For assets measured at fair value, gains and losses will either be recorded in profit or loss or OCI. For investments in equity instruments that are not held for trading, this will depend on whether the Company has made an irrevocable election at the time of initial recognition to account for the equity investment at fair value through other comprehensive income (FVOCI). The Group reclassifies debt investments when and only when its business model for managing those assets changes. Recognition and derecognition Regular way purchases and sales of financial assets are recognized on trade -date Measurement At initial recognition, the Group measures a financial asset at its fair value plus, in the case of a financial asset not at fair value through profit or loss (FVPL), transaction costs that are directly attributable to the acquisition of the financial asset. Transaction costs of financial assets carried at FVPL are expensed in profit or loss. Debt instruments Subsequent measurement of debt instruments depends on the Group business model for managing the asset and the cash flow characteristics of the asset. There are three measurement categories into which the Company classifies its debt instruments: Amortized cost: FVOCI: FVPL: Equity instruments The Group subsequently measures all equity investments at fair value. Where the Group management has elected to present fair value gains and losses on equity investments in OCI, there is no subsequent reclassification of fair value gains and losses to profit or loss following the derecognition of the investment. Dividends from such investments continue to be recognized in profit or loss as other income when the Group right to receive payments is established. Changes in the fair value of financial assets at FVPL are recognized in other gains/(losses) in the statement of profit or loss as applicable. Impairment losses (and reversal of impairment losses) on equity investments measured at FVOCI are not reported separately from other changes in fair value. Impairment The Group assesses on a forward -looking For trade receivables only, the Company measures the expected credit loss associated with its trade receivables based on historical trend, industry practices and the business environment in which the entity operates or any other appropriate basis. The impairment methodology applied depends on whether there has been a significant increase in credit risk. Financial Liabilities Initial Recognition and Measurement All financial liabilities are recognized initially at fair value and in the case of loans and borrowings and payables, net of directly attributable transaction costs. The Group financial liabilities include trade and other payables, loans, and borrowings including bank overdrafts and derivative financial instruments. Subsequent measurement Financial liabilities at amortized cost: After initial measurement, such financial liabilities are subsequently measured at amortized cost using the effective interest rate (EIR) method. Amortized cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortization is included in finance costs in the Statement of Profit and Loss. Borrowings Borrowings are initially recognized at fair value, net of transaction costs incurred. Borrowings are subsequently measured at amortized cost. Any difference between the proceeds (net of transaction costs) and the redemption amount is recognized in the Statement of Profit and Loss over the period of the borrowings using the EIR method. Trade and Other Payables These amounts represent liabilities for goods and services provided to the Group prior to the end of the period which are unpaid. Trade and other payables are presented as current liabilities unless payment is not due within 12 months after the reporting period. They are recognized initially at their fair value and subsequently measured at amortized cost using the effective interest method. Financial Guarantee Obligations The fair value of financial guarantees is determined as the present value of the difference in net cash flows between the contractual payments under the debt instrument and the payments that would be required without the guarantee, or the estimated amount that would be payable to a third party for assuming the obligations. Where guarantees in relation to loans or other payables of subsidiaries, joint ventures or associates are provided for no compensation, the fair values as of the date of transition are accounted for as contributions and recognized as part of the cost of the equity investment. Share Warrant Liability The share warrants can be accounted as either equity instruments, derivative liabilities, or liabilities in accordance with IAS 32 — Financial Instruments: Disclosure and Presentation, depending on the specific terms of the warrant agreement. Share warrants are accounted for as a derivative in accordance with IFRS 9 — Financial Instruments if the share warrants contain terms that could potentially require “net cash settlement” and therefore, do not meet the scope exception for treatment as a derivative. Share Warrant instruments that could potentially require “net cash settlement” in the absence of express language precluding such settlement are initially classified as financial liabilities at their fair values, regardless of the likelihood that such instruments will ever be settled in cash. The Company will continue to classify the fair value of the warrants that contain “net cash settlement” as a liability until the share warrants are exercised, expire or are amended in a way that would no longer require these warrants to be classified as a liability. The outstanding warrants are recognized as a warrant liability on the balance sheet and measured at their inceptions date fair value and subsequently re -measured Derecognition Financial assets The Group derecognizes a financial asset when the contractual rights to the cash flows from the financial asset expire, or it transfers the rights to receive the contractual cash flows in a transaction in which substantially all of the risks and rewards of ownership of the financial asset are transferred or in which the Group neither transfers nor retains substantially all of the risks and rewards of ownership and it does not retain control of the financial asset. The Group enters into transactions whereby it transfers assets recognized in its statement of financial position but retains either all or substantially all of the risks and rewards of the transferred assets. In these cases, the transferred assets are not derecognized. Financial Liability The Group derecognizes a financial liability when its contractual obligations are discharged or cancelled, or expire. The Group also derecognizes a financial liability when its terms are modified and the cash flows of the modified liability are substantially different, in which case a new financial liability based on the modified terms is recognized at fair value. On derecognition of a financial liability, the difference between the carrying amount extinguished and the consideration paid (including any non -cash Income tax The income tax expense or benefit for the period is the tax payable on that period’s taxable income based on the applicable income tax rate for each jurisdiction, adjusted by the changes in deferred tax assets and liabilities attributable to temporary differences, unused tax losses and the adjustment recognized for prior periods, where applicable. Deferred tax assets and liabilities are recognized for temporary differences at the tax rates expected to be applied when the assets are recovered or liabilities are settled, based on those tax rates that are enacted or substantively enacted, except for: • • Deferred tax assets are recognized for deductible temporary differences and unused tax losses only if it is probable that future taxable amounts will be available to utilize those temporary differences and losses. The carrying amount of recognized and unrecognized deferred tax assets are reviewed at each reporting date. Deferred tax assets recognized are reduced to the extent that it is no longer probable that future taxable profits will be available for the carrying amount to be recovered. Previously unrecognized deferred tax assets are recognized to the extent that it is probable that there are future taxable profits available to recover the asset. Deferred tax assets and liabilities are offset only where there is a legally enforceable right to offset current tax assets against current tax liabilities and deferred tax assets against deferred tax liabilities; and they relate to the same taxable authority on either the same taxable entity or different taxable entities which intend to settle simultaneously. As of March 31, 2024 and March 31, 2023, the Group had no significant uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The Group recognizes interest and penalties related to significant uncertain income tax positions in other expense. There were no such interest and penalties incurred for the period ended March 31, 2024 and for the year ended March 31, 2023. Under section 115 -O -O Cash and cash equivalents Cash and cash equivalents comprise cash on hand and demand deposits and other short -term Property and Equipment Property and Equipment assets are carried at cost less accumulated depreciation and accumulated impairment losses, if any. Cost includes expenditure that is directly attributable to the acquisition of the items. Subsequent costs are included in the asset’s carrying amount or recognized as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Group and the cost of the item can be measured reliably. The carrying amount of any component accounted for as a separate asset is derecognized when replaced. All other repairs and maintenance are charged to the Statement of Profit or Loss during the reporting period in which they are incurred. Capital work in progress (CWIP) includes cost of property and equipment under installation/under development, as of balance sheet date. All project related expenditures related to civil works, machinery under erection, construction and erection materials, preoperative expenditure incidental/attributable to the construction of projects, borrowing cost incurred prior to the date of commercial operations and trial run expenditure are shown under CWIP. Property and Equipment are derecognized from the financial statements, either on disposal or when retired from active use. Gains and losses on disposal or retirement of Property and Equipment are determined by comparing proceeds with carrying amount. These are recognized in the Statement of Profit or Loss. Depreciation methods, estimated useful lives and residual value Depreciation is calculated to write off the cost of items of property and equipment less their estimated residual values using the written down method over their estimated useful lives and is generally recognized in profit or loss. Leased assets are depreciated over the shorter of the lease term and their useful lives unless it is reasonably certain that the Group will obtain ownership by the end of the lease term. Land is not depreciated. The estimated useful lives of property and equipment for current and comparative periods are as follows: Buildings 40 years Property and equipment 3 – 15 years Fixtures and fittings 5 – 10 years Office equipments 5 – 10 years Plant and Machinery 5 – 10 years Depreciation methods, useful lives and residual values are reviewed at each reporting date and adjusted if appropriate. Fair value measurement When an asset or liability, financial or non -financial Fair value is measured using the assumptions that market participants would use when pricing the asset or liability, assuming they act in their economic best interests. For non -financial Subsequent expenditure Subsequent expenditure relating to property, plant and equipment is added to the carrying amount of the asset only when it is probable that future economic benefits associated with the item will flow to the entity and the cost of the item can be measured reliably. All other repair and maintenance expenses are recognised in the consolidated statements of profit or loss and other comprehensive income when incurred. Disposal On disposal of an item of property, plant and equipment, the difference between the disposal proceeds and its carrying amount is recognised in the consolidated statements of profit or loss and other comprehensive income. Intangible Assets Separately purchased intangible assets are initially measured at cost. Intangible assets acquired in a business combination are recognized at fair value at the acquisition date. Subsequently, intangible assets are carried at cost less any accumulated amortization and accumulated impairment losses, if any. The useful lives of intangible assets are assessed as either finite or indefinite. Finite -life -life Customers acquisition 5 Years Trademark/Copy rights 5 Years Computer Software 5 Years Commercial Rights 5 – 10 years The amortization period and the amortization method for definite life intangible assets is reviewed annually. For indefinite life intangible assets, the assessment of indefinite life is reviewed annually to determine whether it continues, if not, it is impaired or changed prospectively basis revised estimates. Goodwill on acquisitions of subsidiaries represents the excess of (i) the sum of the consideration transferred, the amount of any non -controlling -date Gains and losses on the disposal of subsidiaries include the carrying amount of goodwill relating to the entity sold. IAS 38 requires an entity to recognize an intangible asset, whether purchased or self -created a. b. The probability of future economic benefits must be based on reasonable and supportable assumptions about conditions that will exist over the life of the asset. [IAS 38.22] The probability recognition criterion is always considered to be satisfied for intangible assets that are acquired separately or in a business combination. [IAS 38.33] Para 25 of IAS 38 provides that the price an entity pays to acquire separately an intangible asset will reflect expectations about the probability that the expected future economic benefits embodied in the asset will flow to the entity. In other words, the entity expects there to be an inflow of economic benefits, even if there is uncertainty about the timing or the amount of the inflow. Therefore, the probability recognition criteria in Para 21(a) is always considered to be satisfied for separately acquired intangible assets. Para 26 of IAS 38 provides that the costs of a separately acquired intangible asset can usually be measured reliably. This is particularly so when the purchase consideration is in the form of cash or other monetary assets. Development costs mainly relate to developed computer software programmes. Such computer software programmes that do not form an integral part of other related hardware is treated as an intangible asset. Development costs that are directly associated with development and acquisition of computer software programmes by the Group are capitalised as intangible assets when the following criteria are met: • • • • • • Direct costs include salaries and benefits for employees on engineering and technical teams who are responsible for building new computer software programmes. Expenditure that enhances or extends the performance of computer software programmes beyond their original specifications and which can be reliably measured is added to the original cost of the software. Costs associated with maintaining computer software programmes are recognised as an expense when incurred. Completed development costs in progress are reclassified to internally developed intangible assets. These internally developed intangible assets are subsequently carried at cost less accumulated amortisation and accumulated impairment losses. These costs are amortised to the consolidated statements of profit or loss and other comprehensive income using a straight -line Revenue Revenue is recognized based on the transfer of services to a customer for an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Revenue is measured at the fair value of consideration received or receivable taking into account the amount of discounts, rebates, outgoing taxes on sales. To determine whether to recognize revenue, the Group follows a 5 -step 1. 2. 3. 4. 5. Further information about each source of revenue from contracts with customers and the criteria for recognition follows. Subscription revenues Subscription income includes subscription from subscribers. Revenue is recognized upon completion of services based on underlying subscription plan or agreements with the subscribers. Invoice for subscription revenue is raised on a monthly basis. These services are consumed by the client and their members in accordance with the service programs selected by the client included in the client services agreements. Client service agreements are renewed on an annual bass and can be terminated based upon terms specified in the agreements. Carriage/Placement/Marketing Incentive revenues Carriage/Placement/Marketing Incentive fees are recognized upon completion of services based on agreements with the broadcasters. Advertising revenues Advertisement income is recognized when relevant advertisements are telecasted. Goods and Service Tax on all income The Company collects Goods and Service Tax (GST) on behalf of the government and, therefore, it is not an economic benefit flowing to the Company. Hence, it is excluded from revenue. Cost recognition Costs and expenses are recognized when incurred and have been classified according to their primary functions in the following categories: Cost of revenue Cost of revenue consists primarily of cost of materials consumed, broadcaster/subscription fees and leaseline charges. Costs of revenue are recognized when incurred and have been classified according to their primary function. Other operating expenses Other operating expenses consist primarily of general and administrative expenses like electricity, software running expenses, repairs and maintenance, travelling expenses etc. Borrowing Costs 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 capitalized 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. Provisions Provisions are recognized when the Group has a present legal or constructive obligation as a result of past events, it is probable that an outflow of resources will be required to settle the obligation and the amount can be reliably estimated. Provisions are not recognized for future operating losses. Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognized even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small. Provisions are measured at the present value of management’s best estimate of the expenditure required to settle the present obligation at the end of the reporting period. The discount rate used to determine the present value is a pre -tax Deferred Offering Costs Deferred Offering Costs consists of legal, accounting, underwriter’s fees, and other costs incurred through the balance date that are directly related to the proposed Initial Public Offering (I

Critical Accounting Judgements,

Critical Accounting Judgements, Assessments, and Assumptions	12 Months Ended
	Mar. 31, 2024
Critical Accounting Judgements, Assessments, and Assumptions [Abstract]
CRITICAL ACCOUNTING JUDGEMENTS, ASSESSMENTS, AND ASSUMPTIONS	NOTE 2 — CRITICAL ACCOUNTING JUDGEMENTS, ASSESSMENTS, AND ASSUMPTIONS Under IFRS Key estimates considered in preparation of the financial statement that were not required under the previous GAAP are listed below: Fair Valuation of financial instruments carried at Fair Value Through Profit or Loss (“FVTPL”) and/or Fair Value Through Other Comprehensive Income (“FVOCI”). See Note 1 on Financial Instruments on page F -12 -15 Impairment of financial assets based on the expected credit loss model. Determination of the discounted value for financial instruments carried at amortized cost. Fair value estimation of share warrants. Critical judgement over capitalisation of internally developed intangible assets and development cost in progress. Assessment as to whether the trade receivables are impaired When measuring Expected Credit Loss (ECL) of receivables the Group uses reasonable and supportable information, which is based on assumptions for the future movement of different economic drivers and how these drivers will affect each other. Probability of default constitutes a key input in measuring ECL. Probability of default is an estimate of the likelihood of default over a given time horizon, the calculation of which includes historical data, assumptions and expectations of future conditions. A widespread health crisis could adversely affect the global economy, resulting in an economic downturn that could impact demand for our services. The future impact of the outbreak is highly uncertain and cannot be predicted and there is no assurance that the outbreak will not have a material adverse impact on the future results of the Company. The extent of the impact, if any, will depend on future developments, including actions taken to contain the coronavirus. • At each reporting date, the Group reviews the carrying amounts of its property, plant and equipment and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated to determine the extent of the impairment loss (if any). Where the asset does not generate cash flows that are independent from other assets, the Group estimates the recoverable amount of the cash -generating -generating -generating Intangible assets with an indefinite useful life are tested for impairment at least annually and whenever there is an indication at the end of a reporting period that the asset may be impaired. Recoverable amount is the higher of fair value less costs of disposal and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre -tax If the recoverable amount of an asset (or cash -generating -generating Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash -generating -generating

Revenue from Contract with Cust

Revenue from Contract with Customers	12 Months Ended
	Mar. 31, 2024
Revenue from Contract with Customers [Abstract]
REVENUE FROM CONTRACT WITH CUSTOMERS	NOTE 3 — REVENUE FROM CONTRACT WITH CUSTOMERS Revenue from contract with customers consist of the following for the year ended March 31, 2024 and for the year ended March 31, 2023: Disaggregated revenue information For the For the (US$) (US$) Types of services: Subscription Income $ 14,955,197 $ 13,930,887 Carriage/placement fees 5,410,248 3,406,204 Advertisement Income 556,582 1,413,553 Device activation fees 151,960 257,540 Fiber use revenue 289,788 — Total revenue from customers $ 21,363,775 $ 19,008,184 Timing of revenue recognition Product transferred at point in time — — Services transferred over time $ 21,363,775 $ 19,008,184 Total $ 21,363,775 $ 19,008,184 Contract balances: The following table provides information about receivables, contract assets and contract liabilities from contracts with customers.: As of As of (US$) (US$) Receivables, which are included in ‘trade receivables, net $ 3,682,302 $ 1,831,724 Performance obligations: Revenue is measured based on the consideration specified in a contract with a customer. The Company recognizes revenue when it transfers control over a good or service to a customer. The Company has modified its earlier arrangement with its erstwhile partner and has simultaneously acquired controlling stake in Sri Sai, vide the modification agreement and the share purchase agreement. The modification effective date is April 1, 2022, and the acquisition effective date is also April 1, 2022. Refer to Note 22 for details on the modification. In pursuant with the modification agreement, the Company has acquired Sri Sai, an active MSO licensed company performing obligations as provided in the customer contracts and providing distinct telecast/streaming services to its subscribers. For the year ended March 31, 2024, and March 31, 2023, the revenue from operational activity is recorded as Revenue from Contract with Customers, as per the IFRS 15. The five steps mentioned in the IFRS 15 is met and satisfied by its business operation of providing streaming cable services to its subscriber base (five steps in IFRS are as under: (i) identify the contract with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract and (v) recognize revenue when the entity satisfies a performance obligation).

Other Income

Other Income	12 Months Ended
	Mar. 31, 2024
Other Income [Abstract]
OTHER INCOME	NOTE 3A — OTHER INCOME Other income For the For the Fair value gain on warrant liability — 22,766 Miscellaneous income 3,916 1,501 Liabilities no longer required written back 1,635,651 360,878 1,639,567 385,145 Fair value gain on remeasurement of share warrant liability Since the borrowings have been repaid and the warrants have lapsed post -repayment We have recognized fair value gain on remeasurement to the extent of $22,766 for the year ended March 31, 2023. The outstanding warrants were recognized as a warrant liability on the balance sheet and measured at their inceptions date fair value and subsequently re -measured Liabilities no longer required written back Since the borrowings have been repaid and the warrants have lapsed post -repayment Liabilities no longer required written back for the year ended March 31, 2023 includes provision for staff costs no longer required of $360,878.

Expenses

Expenses	12 Months Ended
	Mar. 31, 2024
Expenses [Abstract]
EXPENSES	NOTE 4 — EXPENSES Expenses consist of the following for the year ended March 31, 2024, and March 31, 2023: For the For the (US$) (US$) Cost of revenue $ 16,762,580 $ 13,884,291 Amortization of intangible assets 15,813 16,211 Depreciation 910,671 680,013 Legal and professional expenses 386,622 833,079 Staffing expense 844,098 633,979 Other operating expenses 2,643,948 2,267,265 Total expenses $ 21,563,732 $ 18,314,838 For the For the (In USD) (In USD) Cost of revenue consists of: Cost of materials consumed — — Broadcaster/subscription Fees 15,454,840 12,715,217 Lease line/bandwidth charges 1,225,922 1,091,700 Carriage fees 1,658 — Cable hardware & networking Exp. 78,157 28,129 Ham charges — 3,156 Activation installation costs — 37,217 Programming expenses 2,003 8,872 $ 16,762,580 $ 13,884,291 During the year ending March 31, 2024, the Company has recorded costs of revenue of $16,762,580 relating to the business of Sri Sai, a licensed Multi System Operator in the business of telecasting/streaming of broadcast channels to subscribers for a subscription charge. During the year ending March 31, 2023, the Company has recorded costs of revenue of $13,884,291 relating to the business of Sri Sai, a licensed Multi System Operator in the business of telecasting/streaming of broadcast channels to subscribers for a subscription charge. For the For the (US$) (US$) Legal and professional expenses consist of: Audit fees $ 119,525 $ 144,747 Legal and professional fees 267,097 688,332 Total expenses $ 386,622 $ 833,079 Staffing expenses consists of: For the For the (US$) (US$) Salaries, wages and bonus $ 775,319 $ 555,591 Contribution to a gratuity fund 29,774 30,606 EPF, ESIC and labour welfare fund 19,719 34,738 Staff welfare expenses 19,286 13,044 Total expenses $ 844,098 $ 633,979 Staff costs include salary paid to the various operations and administrative persons and director of the subsidiaries. The Group provides for gratuity for employees in India as per the Payment of Gratuity Act, 1972. Employees who are in continuous service for a period of 5 years are eligible for gratuity. The amount of gratuity payable on retirement/termination is the employees last drawn basic salary per month computed proportionately for 15 days salary multiplied for the number of years of service. For the funded plan the group makes contributions to recognized funds in India. The group does not fully fund the liability and maintains a target level of funding to be maintained over a period of time based on estimations of expected gratuity payments. Details of other operating expenses: For the For the (US$) (US$) Electricity charges $ 59,821 $ 59,036 Repair & maintenance expenses 179,592 129,987 Business promotion expenses 30,096 3,508 Operating lease rentals 17,579 15,327 Regulatory expenses 43,551 69,929 Conveyance & Traveling expenses 28,434 112,111 Security charges 12,653 5,150 Commission charges 1,621,014 1,465,012 Credit Loss allowances 72,698 (120,544 ) Loss on disposal of a subsidiary 1,000 192,776 Other operating expenses 577,510 334,973 Total other expenses $ 2,643,948 $ 2,267,265 We had retained Skyline Corporate Communications Group, LLC for our capital markets, financial and public relations advisory services. The Company could not make payments under the contract, as the client did not comply with the mandatory regulatory requirements. The client has approach for arbitration. On April 11, 2023, the arbitrator has awarded final damages in favor of Skyline of $130,000 plus legal and other incidental expenses, aggregating to $260,000. Details of Finance and other income For the For the (US$) (US$) Interest on income tax refund $ — $ 19,123 Total $ — $ 19,123 Details of Finance and other costs For the For the (US$) (US$) Interest on bank overdrafts, loans and other financial liabilities $ 346,465 $ 328,449 Interest on lease liabilities $ 42,850 $ 21,845 Commission and other borrowings 232,911 122,000 Collection charges 15,715 125,930 Foreign exchange losses on borrowings — — Share warrant expenses — 1,607,791 Other costs – interest on tax payables 1,016 4,389 638,957 2,210,404 For the For the (US$) (US$) Total borrowing costs $ 638,957 $ 2,210,404 Less: amounts included in the cost of qualifying assets $ — $ — 638,957 2,210,404 The Company has reclassified the share warrant expenses as finance costs in respect of bridge financing obtained during the year ending March 31, 2023.

Income Tax

Income Tax	12 Months Ended
	Mar. 31, 2024
Income Tax [Abstract]
INCOME TAX	NOTE 5 — INCOME TAX Income tax consist of the following for the year ended March 31, 2024: For the For the (US$) (US$) Current tax expenses $ 119,238 $ 387,407 Deferred tax (benefit)/expense 28,241 135,640 Income tax expense $ 147,479 $ 523,047 Consolidated statement of comprehensive income For the For the (US$) (US$) Deferred tax related to item charged directly to equity: Net loss/(gain) on translations of foreign subsidiaries $ (27,701 ) $ (72,663 ) Total $ (27,701 ) $ (72,663 ) Deferred tax related to the translations of foreign operations consists of Lytus Technologies Private Limited and Sri Sai from INR to USD have been calculated at the rate of the jurisdiction in which a subsidiary situated i.e. in India (at the rate of 25.17% for the years ended March 31, 2024 and 2023, respectively). Accounting for Income Taxes British Virgin Islands Under the current laws of BVI, Lytus Technology Holdings Ptv. Ltd. is not subject to tax on income or capital gains. In addition, payments of dividends by the Company to their shareholders are not subject to withholding tax in the BVI. India (subsidiary in India) Income tax expense represents the sum of the current tax and deferred tax. The charge for current tax is based on the result for the period adjusted for items which are non -assessable Current and deferred tax is recognized in the income statement unless the item to which the tax relates was recognized outside the income statement being other comprehensive income or equity. The tax associated with such an item is also recognized in other comprehensive income or equity respectively. As of As of (US$) (US$) Accounting profit before tax $ 800,653 $ (1,112,790 ) Less: Net profit/(loss) of the Lytus BVI 114,296 (3,134,953 ) Net Accounting profit 686,357 2,022,163 At Indian statutory income tax rate of 25.17% 224,878 508,979 Accelerated tax depreciation (131,667 ) (139,328 ) Others mainly timing differences 19,728 8,038 Exchange differences 6,299 (9,718 ) Current income tax expense reported on consolidated statements of profit or loss and other comprehensive income $ 119,238 387,407 Reflected in the financial statement of financial position as follows: As of As of (US$) (US$) Opening balance $ 399,174 3,305,308 Acquired in business combination — 121,319 Current income tax accrual 119,238 $ 387,407 Adjustment on account of modification — (3,399,850 ) Exchange rate difference (3,565 ) (15,010 ) Taxes paid/adjustments (354,581 ) — Closing balance of current income taxes payables $ 160,266 $ 399,174 Deferred tax Deferred tax relates to the following temporary differences: As of As of (US$) (US$) Deferred tax assets Temporary timing differences $ 70,463 $ (22,878 ) Foreign currency translations of foreign subsidiary — 126,624 Total deferred tax assets $ 70,463 $ 103,746 Deferred tax liabilities Accelerated depreciation on tangible and intangible assets $ 498,112 $ 1,625,271 Acquired in business combination — 295,177 Temporary differences — 9,929 On translations of foreign subsidiary operations 3,381 72,663 Reversed in deconsolidation/Modification of contracts — (1,533,644 ) Exchange rate difference — (8,963 ) Total deferred tax liabilities $ 494,731 $ 478,359 Reconciliation of deferred tax (liabilities)/asset net: As of As of (US$) (US$) Opening balance $ (374,613 ) $ (1,407,020 ) Tax expense during the period recognised in profit & loss (131,677 ) (135,640 ) Exchange rate difference (6,134 ) (37,613 ) Tax expenses during the period recognised in other comprehensive income 39,771 (72,663 ) Temporary timing differences 31,066 (9,929 ) Reversed on deconsolidation of a subsidiary (146,715 ) (1,510,767 ) Acquired in business combination — (295,177 ) Total deferred tax (liabilities)/assets net $ (424,268 ) $ (374,613 )

Trade Receivables, Net

Trade Receivables, Net	12 Months Ended
	Mar. 31, 2024
Trade Receivables [Abstract]
TRADE RECEIVABLES, NET	NOTE 6 — TRADE RECEIVABLES, NET Trade receivables, net consist of the following: As of As of (US$) (US$) Receivable from related parties 444,082 352,424 Receivable from others 3,367,494 1,537,132 Less: allowance for doubtful debts (expected credit loss) (129,274 ) (57,832 ) Total receivables $ 3,682,302 $ 1,831,724 The average credit period on sales of services is 30 days. No interest is charged on outstanding trade receivables. The Group always measures the loss allowance for trade receivables at an amount equal to lifetime ECL. The expected credit losses on trade receivables are estimated using a provision matrix by reference to past default experience of the debtor and an analysis of the debtor’s current financial position, adjusted for factors that are specific to the debtors, general economic conditions of the industry in which the debtors operate and an assessment of both the current as well as the forecast direction of conditions at the reporting date. The Group has recognised a loss allowance of 50% against all receivables over 365 days past due because historical experience has indicated that these receivables are generally not recoverable. There has been no change in the estimation techniques or significant assumptions made during the current reporting period. The Group writes off a trade receivable when there is information indicating that the debtor is in severe financial difficulty and there is no realistic prospect of recovery, e.g. when the debtor has been placed under liquidation or has entered into bankruptcy proceedings, or when the trade receivables are over two years past due, whichever occurs earlier. None of the trade receivables that have been written off is subject to enforcement activities The following table details the risk profile of trade receivables based on The Group’s provision matrix. As The Group’s historical credit loss experience does not show significantly different loss patterns for different customer segments, the provision for loss allowance based on past due status is not further distinguished between The Group’s different customer base. As at March 31, 2024 Ageing Not past 31 – 90 90 – 180 180 – 365 >365 Total Gross carrying amount 2,821,141 335,357 276,851 138,164 240,063 3,811,576 Expected loss rate 0.00 % 0.00 % 0.04 % 6.61 % 50.00 % Estimated total gross carrying amount at default 2,821,141 335,357 276,851 138,164 240,063 3,811,576 Lifetime ECL — — 106 9,137 120,031 129,274 As at March 31, 2023 Ageing Not past 31 – 90 90 – 180 180 – 365 >365 Total Gross carrying amount 1,259,489 239,522 220,966 59,573 110,006 1,889,556 Expected loss rate 0.00 % 0.00 % 0.03 % 5.82 % 50.00 % Estimated total gross carrying amount at default 1,259,489 239,522 220,966 59,573 110,006 1,889,556 Lifetime ECL — — 73 3,642 54,117 57,832 The following table shows the movement in lifetime ECL that has been recognized for trade receivables in accordance with the simplified approach set out in IFRS 9. Collectively Individually Balance as at 31 March 2024 3,811,576 — Balance as at 31 March 2023 1,889,554 —

Other Current Financial Assets

Other Current Financial Assets	12 Months Ended
	Mar. 31, 2024
Other Current Financial Assets [Abstract]
OTHER CURRENT FINANCIAL ASSETS	NOTE 7 — OTHER CURRENT FINANCIAL ASSETS Other current financial assets consist of the following: As of As of (US$) (US$) Deposits $ 300 $ 305 Advances for network acquisition 3,861,945 2,203240 Loans and advances to related parties 17,539 35,598 Other loans and advances 343,173 290,433 $ 4,222,957 $ 2,529,576

Other Current Assets

Other Current Assets	12 Months Ended
	Mar. 31, 2024
Other Current Assets [Abstract]
OTHER CURRENT ASSETS	NOTE 8 — OTHER CURRENT ASSETS Other current assets consist of the following: As of As of (US$) (US$) Balances with government authorities $ 503,171 $ 507,696 Advance to suppliers 1,063,201 295,601 Advance to staff 3,380 2,972 TDS receivables 368,575 297,764 Advance payment of interest on loans — 194,445 Advance payment of commission on loans — 140,000 Other receivables – balance with director — 214,458 $ 1,938,327 $ 1,652,936

Property and Equipment

Property and Equipment	12 Months Ended
	Mar. 31, 2024
Property and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 9 — PROPERTY AND EQUIPMENT Property and equipment consist of the following: Description Rights of Building Plant and Furniture Vehicles Office Computer Total Capital Gross carrying value As at March 31, 2022 — — — — — — — — — Additions 461,420.00 — 2,326,888.00 11,802.00 24,396.00 796.00 26,856.00 2,852,158.00 — Acquisition through business combination 25,111.00 32,006.00 7,349,465.00 — 17,600.00 — 4,200.00 7,428,382.00 794,271.00 As at March 31, 2023 486,531.00 32,006.00 9,676,353.00 11,802.00 41,996.00 796.00 31,056.00 10,280,540.00 794,271.00 Additions 27,323.00 — 1,735,286.00 4,779.00 — — 342.00 1,767,730.00 — Adjustments 83,832.00 As at March 31, 2024 513,854.00 32,006.00 11,411,639.00 16,581.00 41,996.00 796.00 31,398.00 12,048,270.00 878,103.00 Accumulated depreciation and impairment loss As at March 31, 2022 — — — — — — — — Charge for the year 50,845.00 462.00 616,304.00 421.00 7,307.00 61.00 4,613.00 680,013.00 As at March 31, 2023 50,845.00 462.00 616,304.00 421.00 7,307.00 61.00 4,613.00 680,013.00 Charge for the year 108,997.00 450.00 787,148.00 1,487.00 5,167.00 158.00 7,264.00 910,671.00 As at March 31, 2024 159,842.00 912.00 1,403,452.00 1,908.00 12,474.00 219.00 11,877.00 1,590,684.00 — Net block as at March 31, 2023 435,686.00 31,544.00 9,060,049.00 11,381.00 34,689.00 735.00 26,443.00 9,600,527.00 794,271.00 Net block as at March 31, 2024 354,012.00 31,094.00 10,008,187.00 14,673.00 29,522.00 577.00 19,521.00 10,457,586.00 878,103.00 Vehicle of $41,996 as at March 31, 2024 and March 31, 2023 is pledged as security for borrowings Building of $32,006 as at March 31, 2024 is pledge as security borrowings. *

Intangible Assets and Goodwill

Intangible Assets and Goodwill	12 Months Ended
	Mar. 31, 2024
Intangible Assets and Goodwill [Abstract]
INTANGIBLE ASSETS AND GOODWILL	NOTE 10 — INTANGIBLE ASSETS AND GOODWILL Intangible assets and Goodwill consist of the following: Description Pre-deal Acquisition Goodwill Commercial rights Software Total Intangible development Gross carrying value As at March 31, 2022 59,216,654 73,008 — 59,289,662 166,587 Additions — 4,464 Derecognized on ‘disposals of a subsidiary (68,500 ) — (68,500 ) Write off (59,216,654 ) (59,216,654 ) 160,000 Exchange differences 73,601 73,601 Acquisition through business combination 793,324 339,277 216 1,132,817 As at March 31, 2023 — 736,946 339,277 216 1,076,439 11,051 Write off — — (11,051 ) Exchange differences 10,231 10,231 — As at March 31, 2024 — 726,715 339,277 216 1,066,208 — Accumulated amortization As at March 31, 2022 24,030,158 — — 24,030,158 — Charge for the year — — 16,157 54 16,211 Write off (24,030,158 ) (24,030,158 ) As at March 31, 2023 — — 16,157 54 16,211 — Charge for the year — — 15,760 53 15,813 As at March 31, 2024 — — 31,917 107 32,024 — Net block as at March 31, 2023 — 736,946 323,120 162 1,060,228 11,051 Net block as at March 31, 2024 — 726,715 307,360 109 1,034,184 — Refer to Note 23 for acquisition of subsidiary and Note 24 for deconsolidation of a subsidiary.

Other Non-Current Financial Ass

Other Non-Current Financial Assets	12 Months Ended
	Mar. 31, 2024
Other Non-Current Financial Assets [Abstract]
OTHER NON-CURRENT FINANCIAL ASSETS	NOTE 10A — Other non-current financial assetS Other non -current As of As of (US$) (US$) Deposits $ 285,523 $ 275,049 $ 285,523 $ 275,049

Other Non-Current Assets

Other Non-Current Assets	12 Months Ended
	Mar. 31, 2024
Other Non-Current Assets [Abstract]
OTHER NON-CURRENT ASSETS	NOTE 10B — Other non-current assets Other non -current As of As of (US$) (US$) Capital advances for property, plant and equipment $ 8,747,601 8,714,907

Borrowings (Current)

Borrowings (Current)	12 Months Ended
	Mar. 31, 2024
Borrowings (Current) [Abstract]
BORROWINGS (CURRENT)	NOTE 11A — BORROWINGS (CURRENT) Borrowings consist of the following: As of As of (US$) (US$) Secured Borrowings Vehicle loan from financial institution $ 10,044 10,946 Term Loans from a Bank 227,983 — Unsecured Borrowings 0% Senior Convertible Notes — 3,333,333 Preferred convertible Security — — Loan from directors $ 1,457,840 $ 532,960 Loan from a related party $ 32,323 $ 1,304 Loan from others — 10,587 1,728,190 3,889,131 0% Senior unsecured convertible notes On November 9, 2022, we entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with a certain accredited investor as purchaser (the “Investor”). Pursuant to the Securities Purchase Agreement, we sold, and the Investor purchased, $3,333,333.33 in principal amount of unsecured senior convertible notes (the “Convertible Notes”) and warrants (the “Warrants”). We have repaid the borrowings during the year ending March 31, 2024. The principle has been converted in to 261,012 common shares Refer to Note 16. The proceeds from the issuance of convertible notes amounting to $3,333,333.33 have been offset against the investment in shares of our subsidiary, Sri Sai. This approach aligns with our accounting treatment for these specific transactions. On August 31, 2023, the Company entered into a Securities Purchase Agreement (the “September 2023 Purchase Agreement”) with a certain accredited investor as purchaser, pursuant to which, the Company sold $1,004,705 in principal amount of the Company’s Series A Convertible Preferred Shares, par value $0.01 (the “Preferred Shares”), warrants to purchase the Company’s Preferred Shares (the “Preferred Warrants”) and warrants the (September 2023 Common Warrants”) to purchase the Company’s common shares, par value $0.01 (the “Common Shares). The Preferred Shares are convertible into Common Shares, at an initial conversion price per share of $0.40, subject to adjustment under certain circumstances described in the certificate of designations for the Preferred Shares. The holder of Preferred Shares has the option, at any time and for any amount of such Preferred Shares, to convert Preferred Shares at an alternative conversion price that is the lower of the conversion price in effect, or at a 85% discount to the then -volume We have repaid the borrowings during the year ending March 31, 2024. The preferred shares have been converted in to 220,175 common shares. Refer to Note 16. 7% Senior secured promissory note The Secured Promissory Notes amount is $1,000,000 at a 7% original issue discount. The securities of the note are senior guaranteed by Global Health Sciences, Inc., a Delaware corporation, and secured by a security interest in the assets of Global Health Sciences, Inc. In addition, the Company’s performance of its obligations hereunder is secured by a pledge of the Company’s shares of the common stock of Global Health Sciences, Inc. but are not convertible into the Company’s stock. The senior secured note also contains certain default provisions and is subject to standard covenants such as restrictions on issuing new debt. In conjunction with the note, the Company issued a warrant exercisable into 0.5 million shares with a term of three years and strike price of $10. The Warrants also contain certain antidilution provisions that apply in connection with any stock split, stock dividend, stock combination, recapitalization or similar transactions as well as a potential adjustment to the exercise price based on certain events. The outstanding warrants are recognized as a warrant liability on the balance sheet and measured at their inceptions date at fair value and subsequently re -measured Loan from directors is interest free and is repayable on demand. Loans from financial institutions is towards purchased of vehicles which has been kept as security with them. The borrowings are repayable in 36 equal installments and rate of borrowing is 8.5 % p.a. Loan from a Bank is repayable in 60 months equal installments. Security offered for the Bank term Loan is as under: Sr No. Type of Details 1 Primary Hypothecation of entire current assets of the borrower, both present and future 2 Collateral Equitable Mortgage of the following properties: 1. Open Land belonging to the Director of the Company 2. Residential property of the Company 3. Residential property belonging to the Director 3 Others Duly signed standing instruction form with one undated cheque with amount kept blank to be obtained, however “Not exceeding amount << Sanction Loan Amount>> to be written on cheque 4 Guarantor Personal Guarantee of the Director of the company

Borrowings (Non-Current)

Borrowings (Non-Current)	12 Months Ended
	Mar. 31, 2024
Borrowings (Non-Current) [Abstract]
BORROWINGS (NON-CURRENT)	NOTE 11B — BORROWINGS (NON-CURRENT) Borrowings consist of the following: As of As of (US$) (US$) Secured Borrowings Vehicles Loans from Financial Institutions $ — 10,185 Term Loans from a Bank 769,795 — For security referred not given in current borrowings

Other Non-Current Financial Lia

Other Non-Current Financial Liabilities	12 Months Ended
	Mar. 31, 2024
Other Non-Current Financial Liabilities [Abstract]
Other Non-Current Financial Liabilities	NOTE 11C — OTHER NON-CURRENT FINANCIAL LIABILITIES Other non -current As of As of (US$) (US$) Other non-current liabilities Lease liabilities $ 241,951 $ 321,749 $ 241,951 $ 321,749

Trade payables

Trade payables	12 Months Ended
	Mar. 31, 2024
Trade payables [Abstract]
TRADE PAYABLES	NOTE 12 — TRADE PAYABLES Trade payables consist of the following: As of As of (US$) (US$) Trade payables due to related parties $ 3,036,901 $ 2,716,238 Trade payables – others 5,345,807 4,038,790 Employee related payables 47,446 47,752 $ 8,430,154 $ 6,802,780

Other Financial Liabilities _ C

Other Financial Liabilities — Current	12 Months Ended
	Mar. 31, 2024
Other Financial Liabilities — Current [Abstract]
OTHER FINANCIAL LIABILITIES — CURRENT	NOTE 13A — OTHER FINANCIAL LIABILITIES — CURRENT Other financial liabilities — current consist of the following: As of As of (US$) (US$) Lease liabilities $ 135,478 $ 120,981 Liability under option agreement 94,118 — Share warrants liability — 1,585,025 Professional fees payable 14,059 9,054 $ 243,655 $ 1,715,060 Share Warrants Liability For the year ending March 31, 2024, the Company has paid its borrowings and the warrants have lapsed automatically upon repayment. Accordingly, there is no share warrants liability. For the year ending March 31, 2023 On November 9, 2022, we entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with a certain accredited investor as purchaser (the “Investor”). Pursuant to the Securities Purchase Agreement, we sold, and the Investor purchased, $3,333,333.33 in principal amount of unsecured senior convertible notes (the “Convertible Notes”) and warrants (the “Warrants”). The Warrants are exercisable for five years to purchase an aggregate of up to 1,754,386 Common Shares at an exercise price of $0.957, subject to adjustment under certain circumstances described in the Warrants. In accordance with IFRS, a contract that will or may be settled other than by the exchange of a fixed amount of cash for a fixed number of the entity’s own equity fails to meet the definition of equity and must instead be classified as a liability and measured at fair value with changes in fair value recognized in the consolidated statements of profit or loss and other comprehensive income loss at each reporting date. The liabilities will ultimately be converted into the Company’s equity (common shares) when the warrants are exercised, or will be extinguished on the expiry of the outstanding warrants. The fair value of warrant liability was measured using a Black Scholes Model. The Warrants outstanding and fair value at each of the respective valuation dates are summarized below: Share Warrant Liability Warrants Fair Value Fair Value ($) ($) Fair value at initial measurement date Nov 9, 2022 1,754,386 0.62 1,607,791 (Gain) on remeasurement of warrant liability at fair value (22,766 ) Fair value as of March 31, 2023 1,754,386 0.53 1,585,025 Lapsed during the year (1,754,386 ) (1,585,025 ) Fair value as of March 31, 2024 — — During the year ended March 31, 2023 the Company recorded a gain on change in fair value of warrant liability of 22,766. The Warrant Liabilities are considered Level 3 liabilities on the fair value hierarchy as the determination of fair value includes various assumptions about of future activities and the Company’s stock price and historical volatility as inputs. The fair value of warrant liability was measured using a Black Schole Model. Significant inputs in to the model at the inceptions and reporting period measurement date are follows: BSM Assumptions As of As of Current Stock Price (1) 0.95 0.94 Strike Price (1) 0.95 0.94 Time to Maturity (1) 5 years 4.66 years Dividend Yield (2) — — Historical Volatility (3) 1.85 1.87 Risk Free interest Rate (4) 4.00 % 4.42 % (1) (2) (3) (4) Lease In case of assets taken on lease The Group has elected not to recognise right to use assets and lease liabilities for short term leases that have lease term of 12 months or less and lease of low value asssets. The Group recognise the lease payments associated with these leases as an expenses on straight line basis over the lease term. The groupy has taken various residential, office and godown premises under operating lease agreements. These are generally cancellable and are renewable by mutual consent on mutually agreed terms. There are no sublease payments expected to be received under non -cancellable Lease payments for the year recognised in the Statement of Profit and Loss: 2024 $17,579 and in 2023 $15,327. Rights of use of assets — Office premises The Group recognised a right to use asset and a lease liability at the lease commencement date. The right of use asset is initially measured at cost which comprises the initial amount of the lease liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred and an estimate of costs to dismentale and remove the undelying asset or to restore the underlying asset or the site on which it is located, less any lease incentive received. The right to use asset is subsequently depreciated using the straight line method. The estimated useful lives of right of use assets are determined on the same basis as those of property plant and equipment. In addition, the right of use asset is perodically reduced by the impairment losses, if any, adjusted for certain remesurements of the lease liability. The lease liability is initially measured at the present value of the lease paymentsthat are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if the rate cannot be readily determined, the Group’s incremental borrowing rate. Generally Group uses incremental borrowing rate as the discount rate. The lease liability is measured at amortisd cost using the effective interest method. The Group present right of use asset that do not meet the definaition of investment property in ‘property, plan and equipment and lease liabilities in ‘loans and borrowings’ in the statement of financial position. For Rights of Use of Office premises movements and amortization refer note 9.

Employee Benefits Obligations

Employee Benefits Obligations	12 Months Ended
	Mar. 31, 2024
Employee Benefits Obligations [Abstract]
EMPLOYEE BENEFITS OBLIGATIONS	NOTE 13B — EMPLOYEE BENEFITS OBLIGATIONS The Company provides for gratuity for employees in India as per the Payment of Gratuity Act, 1972. Employees who are in continuous service for a period of 5 years are eligible for gratuity. The amount of gratuity payable on retirement/termination is the employees last drawn basic salary per month computed proportionately for 15 days salary multiplied for the number of years of service. For the funded plan the group makes contributions to recognised funds in India. The group does not fully fund the liability and maintains a target level of funding to be maintained over a period of time based on estimations of expected gratuity payments. The weighted average duration of the defined benefit obligation as of March 31, 2024 and March 31, 2023 is 14 years. The amounts recognized in the Statement of Financial Position and the movements in the net defined benefit obligation over the year are as follows: (a) As at As at ( In USD) ( In USD) Funded Plans Net value of defined benefit obligations Current 209 212 Non current 102,322 72,456 (b) Particluars Defined Fair As at April 1, 2022 44,776 — Included in profit and loss Service cost 27,550 Past service credit Interest cost (income) 3,057 75,383 — Included in OCI Actuarial gain/(loss) — Remeasurements Benefits paid Gain and loss on settlement Exchange difference (2,715 ) Employer’s contribution Benefits payment As at March 31, 2023 72,668 — Particluars Defined Fair As at April 1, 2023 72,668 — Included in profit and loss Service cost 27,550 Past service credit Interest cost (income) 3,057 103,275 — Included in OCI Actuarial gain/(loss) — Remeasurements Benefits paid Gain and loss on settlement Exchange difference (744 ) Employer’s contribution Benefits payment As at March 31, 2023 102,531 — (c) Plan assets comprise the following. Particulars As at As at Debt instruments – unquoted Cash and cash equivalents — — Investment property — — Fixed assets — — Other assets — — — — (d) (i) Particulars As at As at Discount rate 7.20 % 7.50 % Attrition rate 5.00 % 5.00 % Future salary growth rate 10.00 % 10.00 % (ii) Particulars As at As at Longetivity at age of 65 for current members aged above 45 Males 0.258 % – 2.406% 0.258 % – 2.406% Females 0.258 % – 2.406% 0.258 % – 2.406% Longetivity at age of 65 for current members aged above 45 or below Males 0.092 % – 0.168% 0.092 % – 0.168% Females 0.092 % – 0.168% 0.092 % – 0.168% (e) Reasonably possible changes at the reporting date to one of the relevant actuarial assumptions, holding other assumptions constant, would have affected the defined benefit obligation by the amounts shown below. Particulars As at As at Discount rate (1% movement) 19,925 (18,925 ) Attrition rate (1% movement) 13,124 (12,324 ) Future salary growth rate (1% movement) (13,784 ) (15,884 )

Other Current Liabilities

Other Current Liabilities	12 Months Ended
	Mar. 31, 2024
Other Current Liabilities [Abstract]
OTHER CURRENT LIABILITIES	NOTE 14 — OTHER CURRENT LIABILITIES Other current liabilities consist of the following: As of As of (US$) (US$) GST and other tax liabilities $ 91,825 $ 73,248 Cheques receivables/payables (net) 2,008,696 1,437,245 Capital creditors 897,041 799,501 Advances from customers 415,463 142,196 $ 3,413,025 $ 2,452,190

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Mar. 31, 2024
Commitments and Contingencies [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 15 — COMMITMENTS AND CONTINGENCIES Commitments and contingencies consist of the following: As of As of (US$) (US$) Commitment for capital investment in Sri Sai $ 7,500,000 $ 7,500,000 Other capital commitment — 1,411,022 $ 7,500,000 $ 8,911,022 Upon modification, the Company has acquired 51% Sri Sai for a consideration of $2.5 million, along with $7.5 million would be payable in phases as capital investment in Sri Sai. The Group has further infused approx. $2 million as capital investment in Sri Sai on July 31, 2024. Further, the capital requirement in Sri Sai has been reduced to $6 million as at July 31, 2024. The Board has deconsolidated GHSI from March 1, 2023. Accordingly, for the year ending March 31, 2023, the commitment to invest in GHSI is no longer payable for the Company. As of March 31, 2024, the Company have uncommitted acquisition costs of approx. $1 million.

Equity

Equity	12 Months Ended
	Mar. 31, 2024
Equity [Abstract]
EQUITY	NOTE 16 — EQUITY Common shares: The total number of shares of common shares issued: As of As of (US$) (US$) Common shares – par value $ 0.01/0.10 each (Before stock split) 53,899,435 37,576,449 Common shares – par value $ 0.01/0.10 each, with employee incentive plan (Before Stock split) 93,679,260 37,576,449 Common shares – par value $ 0.01/0.10 each, net reverse stock split 1,827,524 626,275 Movements in Common Shares: Shares Amount (US$) Balance as of March 31, 2022 $ 34,154,062 $ 341,541 Issued during the year 3,000,895 30,008 Share warrants exercised 421,492 4,215 Balance as of March 31, 2023 37,576,449 375,764 Additional issue of common shares 16,102,811 161,029 53,679,260 536,794 Additional stock issued for employee incentive plan 40,000,000 — Total issued common shares (Before reverse stock split) 93,679,260 536,794 Total issued common shares (After reverse stock split) (1) 1,607,349 536,794 Additional issue of common shares, after reverse stock split 220,175 2,202 Balance as of March 31, 2024 1,827,524 538,996 (1) -for-60 -for-60 -for-60 -split -split On June 3, 2024, the Company entered into a securities purchase agreement (the “Purchase Agreement”) with Mast Hill Fund, L.P. (“Mast Hill”) and FirstFire Global Opportunities Fund, LLC (“FirstFire”, and together with Mast Hill, the “Investors”) as purchasers, pursuant to which the Company is issuing the Investors senior secured promissory notes in the aggregate principal amount of up to $3,888,889.00, with an aggregate purchase price of up to $3,500,000.00, common share purchase warrants for the purchase of up to 830,957 In connection with the issuance of the Notes, the Company issued each of Mast Hill and FirstFire a common stock purchase warrant (the “Warrants”) to purchase from the Company 305,080 On November 22, 2023, the Company has issued 40,000,000 -based -settled -based -settled -based On August 31, 2023, the Company entered into a Securities Purchase Agreement (the “September 2023 Purchase Agreement”) with a certain accredited investor as purchaser, pursuant to which, the Company sold $1,004,705 in principal amount of the Company’s Series A Convertible Preferred Shares, par value $0.01 (the “Preferred Shares”), warrants to purchase the Company’s Preferred Shares (the “Preferred Warrants”) and warrants the (September 2023 Common Warrants”) to purchase the Company’s common shares, par value $0.01 (the “Common Shares). The Preferred Shares are convertible into Common Shares, at an initial conversion price per share of $0.40, subject to adjustment under certain circumstances described in the certificate of designations for the Preferred Shares. The holder of Preferred Shares has the option, at any time and for any amount of such Preferred Shares, to convert Preferred Shares at an alternative conversion price that is the lower of the conversion price in effect, or at a 85% discount to the then -volume We have repaid the borrowings during the year ending March 31, 2024. The preferred shares have been converted in to 220,175 common shares. On August 21, 2023, the Company has additionally issued restricted stock to the following persons: Name Nos. of Skyline Corporate Communications Group 10,527 Acorn Management Partners LLC 131,578 Rajeev Kheror, an independent director 150,000 Robert Damante, an independent director 150,000 On June 17, 2022, the Company consummated its initial public offering (“IPO”) on NASDAQ Capital Markets. The Company has listed common shares on the NASDAQ Capital Market under the trading symbol “LYT”. The Company has raised gross proceeds of $12.40 million from initial public offering of 2,609,474 Common Stock Common stock entitles the holder to participate in dividends and the proceeds on the winding up of the Company in proportion to the number of and amounts paid on the shares held. Equity consists of the following as of 31 March 2024: As of ($US) Common stock – par value $0.01, 93,679,260 (after stock split 1,827,524) shares issued and outstanding $ 538,996 Net income available to common shareholders (9,951,285 ) Securities Premium 16,811,742 Translation of foreign subsidiaries, net of tax (154,156 ) Employee benefits reclassification (1,203 ) Lytus Trust – for employee incentive plan 5,720,000 Non-controlling interest 3,015,031 $ 15,979,125 Equity consists of the following as of 31 March 2023: As of ($US) Common stock – par value $0.01, 34,154,062 (after stock split 626,275) shares issued and outstanding $ 375,766 Net income available to common shareholders (4,518,954 ) Securities Premium 12,474,944 Translation of foreign subsidiaries, net of tax (124,992 ) Employee benefits reclassification (714 ) Non-controlling interest 2,538,478 $ 10,744,528 Capital risk management The Group’s capital management objectives are to ensure the Group’s ability to continue as a going concern as well as to provide an adequate return to shareholders by pricing products and services commensurately with the level of risk. The Group monitors capital based on the carrying amount of equity plus its subordinated loan, less cash and cash equivalents as presented on the face of the statement of financial position recognized in other comprehensive income. The Group manages its capital structure and adjusts it in the light of changes in economic conditions and the risk characteristics of the underlying assets. To maintain or adjust the capital structure, the Group may adjust the amount of dividends paid to shareholders, return capital to shareholders or issue new shares. The amounts managed as capital by the Group are summarized as follows: As of As of ($US) ($US) Non-current borrowings $ (1,011,746 ) $ (331,934 ) Current borrowings (1,728,190 ) $ (3,889,131 ) Cash and cash equivalents 246,377 311,810 Net debt $ 2,493,559 $ 3,909,255 Total equity $ 15,979,125 $ 10,744,528 Net debt to equity ratio 15.61 % 36.38 % On August 21, 2023, the Company has additionally issued restricted stock to the following persons: Name Nos. of Skyline Corporate Communications Group 10,527 Acorn Management Partners LLC 131,578 Rajeev Kheror, an independent director 150,000 Robert Damante, an independent director 150,000

Earnings Per Share

Earnings Per Share	12 Months Ended
	Mar. 31, 2024
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 17 — EARNINGS PER SHARE Earnings per share consist of the following for the year ended March March 31, March 31, ($US) ($US) (Loss)/Profit for the year available to common shareholders $ 287,669 $ (2,348,103 ) Weighted average number of common shares 967,510 613,481 Par value $ 0.01 $ 0.01 Earnings/(loss) per common share: Basic earnings/(loss) per common share $ 0.30 $ (3.83 ) Diluted earnings/(loss) per common share $ 0.30 $ (3.83 ) Basic earnings per share (EPS) are computed by dividing net loss applicable to common stock by the weighted average number of common shares outstanding. Diluted net loss per common share is computed by dividing the net loss applicable to common stock by the weighted average number of common shares outstanding for the period and, if dilutive, potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of share warrants, convertible debt instruments or other common stock equivalents. Potentially dilutive securities are excluded from the computation if their effect is anti -dilutive

Financial Risk Management

Financial Risk Management	12 Months Ended
	Mar. 31, 2024
Financial Risk Management [Abstract]
FINANCIAL RISK MANAGEMENT	NOTE 18 — FINANCIAL RISK MANAGEMENT Risk management framework The Group’s activities expose it to market risk, liquidity risk and credit risk. The management has the overall responsibility for the establishment and oversight of the Group’s risk management framework. This note explains the sources of risk which the Group is exposed to and how the Group manages the risk and the related impact in the consolidated financial statements. Credit risk Credit risk is the risk that a counterparty fails to discharge its obligation to the Group. The Group’s exposure to credit risk is influenced mainly by cash and cash equivalents, trade receivables and financial assets. Credit risk management The Group assesses and manages credit risk based on internal credit rating system. Internal credit rating is performed for each class of financial instruments with different characteristics. The Group assigns the following credit ratings to each class of financial assets based on the assumptions, inputs, and factors specific to the class of financial assets. The Group provides for expected credit loss based on the following: Credit rating Basis of categorization Provision for expected credit loss Low credit risk Cash and cash equivalents, trade receivables, and other financial assets 12 Moderate credit risk Trade receivables and other financial assets Lifetime expected credit loss, or 12 High credit risk Trade receivables and other financial assets Lifetime expected credit loss, or fully provided for With respect of trade receivables, the Company recognizes a provision for lifetime expected credit losses. Based on business environment in which the Group operates, a default on a financial asset is considered when the counterparty fails to make payments within the agreed time period as per the contract. Loss rates reflecting defaults are based on actual credit loss experience and consideration of differences between current and historical economic conditions. Assets are written off when there is no reasonable expectation of recovery, such as a debtor declaring bankruptcy, or a litigation decision against the Group. The Group continues to engage with parties whose balances are written off and attempts to enforce repayment. Recoveries made are recognized in the consolidated statement of profit and loss and other comprehensive income. Credit rating Basis of As of As of Low credit risk Cash and cash equivalents $ 246,377.00 $ 311,810.00 Low credit risk Other financial assets $ 4,222,957.00 $ 2,529,576.00 Moderate credit risk Trade receivables $ 3,682,302.00 $ 1,831,724 Moderate credit risk Other receivables $ — $ — Cash & cash equivalents and bank deposits Credit risk related to cash and cash equivalents and bank deposits is managed by only accepting highly rated banks and diversifying bank deposits and accounts in different banks across the country. Trade receivables Credit risk related to trade receivables are mitigated by taking bank guarantees or letters of credit, from customers where credit risk is high. The Group closely monitors the creditworthiness of the debtors through internal systems that are configured to define credit limits of customers, thereby, limiting the credit risk to pre -calculated Other financial assets measured at amortized cost Other financial assets measured at amortized cost includes loans and advances to related parties and employees, security deposits and others. Credit risk related to these other financial assets is managed by monitoring the recoverability of such amounts continuously. The other financial assets (current asset) relates to advances for network acquisition. Expected credit losses for financial assets other than trade receivables The Group provides for expected credit losses on loans and advances other than trade receivables by assessing individual financial instruments for expectation of any credit losses. Since the Group deals with only high -rated -based -category Asset class Estimated gross Expected Expected As of Cash and cash equivalents $ 246,377.00 0.00 % — $ 246,377.00 Other financial assets $ 4,222,957.00 0.00 % — $ 4,222,957.00 Asset class Estimated gross Expected Expected As of Cash and cash equivalents $ 311,810 0.00 % — $ 311,810 Other financial assets $ 2,529,576 0.00 % — $ 2,529,576 Expected credit loss for trade receivables under simplified approach The Group recognizes lifetime expected credit losses on trade and other receivables using a simplified approach, wherein the Group has defined percentage of provision by analyzing historical trend of default relevant to each category of customer based on the criteria defined above and such provision percentage determined have been considered to recognize lifetime expected credit losses on trade receivables (other than those where default criteria are met). As at March 31, 2024 Ageing Not past 31 – 90 90 – 180 180 – 365 >365 Total Gross carrying amount 3,811,576.00 — — — — — Expected loss rate 0.00 % 0.00 % 0.04 % 6.61 % 50.00 % Estimated total gross carrying amount at default 2,821,141 335,357 276,851 138,164 240,063 3,811,576 Lifetime ECL — — 106.00 9,137.00 120,031.00 129,274 As at March 31, 2023 Ageing Not past 31 – 90 90 – 180 180 – 365 >365 Total Gross carrying amount 1,889,556 — — — — — Expected loss rate 0.00 % 0.00 % 0.03 % 5.82 % 50.00 % Estimated total gross carrying amount at default 1,259,489 239,522 220,966 59,573 110,006 1,889,556 Lifetime ECL 0.01 0.10 73.16 3,641.53 54,116.20 57,831 Movement of allowance for trade receivables (USD) As at March 31, 2022 Acquired in business combination 190,549.00 Gain recognised/(reversed) during the year (120,544.00 ) Exchange gain 12,174.00 Amounts written off As at March 31, 2023 57,831.00 Acquired in business combination — Gain recognised/(reversed) during the year 72,698.00 Exchange gain — Amounts written off As at March 31, 2024 (1,255.00 ) 129,274.00 Liquidity risk Liquidity risk is the risk that the Group will encounter difficulty in meeting the obligations associated with its financial liabilities that are settled by delivering cash or another financial asset. The Group’s approach to managing liquidity is to ensure as far as possible, that it will have sufficient liquidity to meet its liabilities when they are due. The Group manages its liquidity needs by carefully monitoring scheduled debt servicing payments for long -term -outflows -to-day -term -day -day Management monitors rolling forecasts of the liquidity position and cash and cash equivalents based on expected cash flows. The Group considers the liquidity of the market in which the entity operates. Contractual Maturities of financial liabilities The tables below analyze the Group’s financial liabilities based on their contractual maturities. The amounts disclosed in the table are the contractual undiscounted cash flows. As at March 31, 2024 Liability class Less than 1 – 2 years 2 – 3 years More than Total Borrowings $ 1,728,190 — — — $ 1,728,190 Trade payables 8,430,154 — — — 8,430,154 Other financial liabilities 243,655 — — — 243,655 Other current liabilities 3,413,025 3,413,025 Total $ 13,815,024 $ — $ — $ — $ 13,815,024 As at March 31, 2023 Liability class Less than 1 – 2 years 2 – 3 years More than Total Borrowings $ 3,889,131 — — — $ 3,889,131 Trade payables 6,802,780 — — — 6,802,780 Other financial liabilities 1,715,060 — — — 1,715,060 Other current liabilities 2,452,190 2,452,190 Customer Acquisition Payable — — — — — Total $ 14,859,161 $ — $ — $ — $ 14,859,161 Interest rate risk The Group’s policy is to minimize interest rate cash flow risk exposures on long -term

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Mar. 31, 2024
Fair Value Measurements [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 19 — FAIR VALUE MEASUREMENTS Financial assets and liabilities as at March 31, 2024 is as follows: The carrying amounts and fair values of financial instruments by class are as follows: As at March 31, 2024 Fair value Fair value (In USD) Financial Assets (i) Investments — (ii) Trade receivables 3,682,302.00 (iii) Others financial assets 4,222,957.00 Total 7,905,259.00 — — Financial Liabilities (i) Borrowings 2,497,985.00 (ii) Trade payables 8,430,154.00 (iii) Other financial liabilities 243,655.00 Total 8,673,809.00 — 2,497,985.00 As at March 31, 2023 Fair value Fair value (In USD) Financial Assets (i) Investments — (ii) Trade receivables 1,831,724 (iii) Others financial assets 2,529,576 Total 4,361,300 — — As at March 31, 2023 Fair value Fair value (In USD) Financial Liabilities (i) Borrowings 3,899,316 (ii) Trade payables 6,802,780 (iii) Other financial liabilities 1,715,060 Total 8,517,840 — 3,899,316 Fair value hierarchy Financial assets and financial liabilities measured at fair value on the balance sheet are categorized into the three levels of fair value hierarchy. The three levels are defined based on the observability of significant inputs to the measurement, as follows: The different levels of fair value have been defined below: Level 1: Level 2: Level 3: The share warrants liabilities which are included in other financial liabilities and disclosed at Note No. 13A are carried at fair value and are classified as Level 3 fair value measurements due to the use of significant inputs. There are no financial instruments for which Level 1 or Level 2 fair value measurements were applied. There were no share warrant liabilities as of March 31, 2024. Fair value of instruments measured at amortized cost Financial liabilities Carrying Fair value Borrowings $ 2,497,985.00 $ 2,497,985.00 Financial liabilities Carrying Fair value Borrowings $ 3,899,316.00 $ 3,899,316.00 Management assessed that fair value of cash and cash equivalents, trade receivables, security deposits, loan to related parties, other financial assets, short term borrowings, trade payables and other current financial liabilities approximate their carrying amounts largely due to the short -term Long -term -rate The fair values of the Group’s fixed interest -bearing All the other long -term

Related Party Transactions

Related Party Transactions	12 Months Ended
	Mar. 31, 2024
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 20 — RELATED PARTY TRANSACTIONS Names of related parties and related party relationships: 30 A. i) Parties where control exists Subsidiaries Lytus Technologies Pvt. Ltd — Wholly owned Globa Health Sciences, Inc (deconsolidated on March 1, 2023) Lytus technologies Inc (deconsolidated on April 1, 2023) Sri Sai Cable and Broadband Private Limited (acquired on April 1, 2022) B Dharmesh Pandya Chief Executive Officer & Managing Director Shreyas Shah Chief Financial Officer & Executive Director Jagjit Singh Kohli Director (resigned on January 19. 2023) Robert M. Damante Independent Director Rajeev Kheror Independent Director Parvez M. Master Director Dr. Sanjeiiv Geeta Chaudhary Independent Director (Removed on July 19, 2023) Palle Srinivas Director (related to Sri Sai) Palle Sunitha Director (related to Sri Sai) C Achalaa Communication Networks Partner in the firm (related to Sri Sai) Ayyappa Digital Communications Partner in the firm (related to Sri Sai) Bhuvanagiri Digital Communications Partner in the firm (related to Sri Sai) Godavarikhani Digital Communications Partner in the firm (related to Sri Sai) Husnabad Digital Communications Partner in the firm (related to Sri Sai) Jammikunta Digital Communications Partner in the firm (related to Sri Sai) Marriguda Digital Communications Partner in the firm (related to Sri Sai) Sangareddy Digital Communications Partner in the firm (related to Sri Sai) Sircilla Digital Communications Partner in the firm (related to Sri Sai) Sri Sai Communications (KNR) Partner in the firm (related to Sri Sai) Sri Sai Digital Communications Partner in the firm (related to Sri Sai) SSC Kamareddy Communications Partner in the firm (related to Sri Sai) Thandpur Digital Communications Partner in the firm (related to Sri Sai) TS Communications Partner in the firm (related to Sri Sai) Vemulawada Digital Communications Partner in the firm (related to Sri Sai) Gayathri Digital Communications Partner in the firm (related to Sri Sai) Sri Sai Communication & Internet Pvt Ltd Partner in the firm (related to Sri Sai) SSC Fiber Home Networks Pvt. Ltd Partner in the firm (related to Sri Sai) Achala Media Television Pvt Ltd Director (related to Sri Sai) Sri Sai Cable and Digital Networks Pvt Ltd Partner in the firm (related to Sri Sai) Kings Broadband Pvt Ltd Director (related to Sri Sai) Inygo Digital Networks Private Limited Director (related to Sri Sai) SRI SAI FUTURE SOLUTION PRIVATE LIMITED Director (related to Sri Sai) SSCBPL INYGO DIGITAL NEWORK PRIVATE LIMITED Director (related to Sri Sai) SUBHODAYA DIGITAL ENTERTAINMENT PVT LTD Director (related to Sri Sai) Lytus Technologies Inc Director D Palle Vikas Relative of KMP (related to Sri Sai) Palle Vivek Relative of KMP (related to Sri Sai) Nimish Pandya Relative of KMP (brother of Mr. Dharmesh Pandya) B. Transactions with Subsidiaries and Key Management Personnel: Subsidiaries KMP Significant influenc Relatives of KMP S. No. Particulars March 31, March 31, March 31, March 31, March 31, March 31, March 31, March 31, 1 Transactions made during the year 2 Subscription income 107,322.00 3 STB Installation charges 61,628 125,071.00 4 Loan taken 3,853,017 * 1,850,313 311.00 124,918 5 Loan write back 10.00 6 Loan Repayment (912,506 ) (19,000.00 ) (93,704 ) 7 Commission expenses 1,047,025 696,746.00 8 Bandwidth charges 24,098 25,245.00 9 Sales/Purchase of materials 1,297 5,111.00 12 Remuneration 285,294 95,644.00 36,103 20,507.00 13 Rent paid/ provided 7,459 6,703.00 16 Interest on loans 212. 218.00 Issue of Shares 2,501,000 * Investment in CCD of Subsidiary 3,853,017 * 135,000 ** 17 Investments in shares of subsidiaries 2,501,000 * 18 Reimbursement of expenses 29,266 31,155.00 19 Loans and Advances given 3,853,017 * 135,000 ** 0 97,355.00 20 Loans and Advances received back (214,458 ) 1 Trade receivable 444,082 352,424.00 2 Trade payable 3,555.00 3,036,901 2,712,683.00 3 Outstanding loan payable 3,853,017 * 1,459,144 544,851.00 3,836,282 ** — 31,019 1,304 4 Outstanding loan receivable 3,853,017 * 3,988,017 ** 35,598.00 95,443.00 7 Outstanding receivable 214,458.00 1,354,871 1,083,034.00 9 IPO amount with Lytus Inc Receivable 118,728 * 10 IPO amount of Lytus BVI Payable 118,728 * 20,507.00 11 Options outstanding 94,118 * -company ** Compensation and benefits to Key Management Personnel would commence upon confirmation by independent compensation committee. The compensation committee is expected to be held on or before September 30, 2024.

Segment Information

Segment Information	12 Months Ended
	Mar. 31, 2024
Segment Information [Abstract]
SEGMENT INFORMATION	NOTE 21 — SEGMENT INFORMATION The Group’s chief operating decision maker (“CODM”) has been identified as the Chief Executive Officer who reviews the consolidated results of operations when making decisions about allocating resources and assessing performance of the Group. Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision maker. Based on the management approach as defined in IFRS Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision maker. Based on the management approach as defined in IFRS

Modification of Earlier Arrange

Modification of Earlier Arrangement and Acquisition of Sri Sai	12 Months Ended
	Mar. 31, 2024
Modification of Earlier Arrangement and Acquisition of Sri Sai [Abstract]
MODIFICATION OF EARLIER ARRANGEMENT AND ACQUISITION OF SRI SAI	NOTE 22 — MODIFICATION OF EARLIER ARRANGEMENT AND ACQUISITION OF SRI SAI The Company has acquired 51% of Sri Sai, as part of the earlier arrangement and has correspondingly modified its earlier arrangement with the erstwhile partner, in terms of the residuary transaction. Based on the consultation with the accounting expert and the legal counsel, the Board has concluded that the effective date for acquisition of Sri Sai and the modification effects of the earlier arrangement would take place on April 1, 2022 and did not impact the consolidated financial statements as of March 31, 2022 and for the year then ended. A modification in contract is regarded as a revision to the existing contract: • • The relevant facts and the agreements are provided as under: • • • • • 3 • • • • • • • On date April 1, 2022, the Company is stated to have obtained control of the business affairs of Sri Sai, by controlling the Board and the management activities of Sri Sai, with the non -binding The Company obtained control of the business affairs of Sri Sai on April 1, 2022. Hence, the effective date of acquisition shall be determined to be April 1, 2022. The erstwhile partner has mandated the modification of the terms should be on April 1, 2022. Hence, the effective date of modification shall be determined to be April 1, 2022 The adoption of new accounting policy does not constitute a change in accounting policy but an application of the accounting policy to changing facts, circumstances and conditions that differ in substance from those previously occurring. The summarized financial statements as of March 31, 2023 and April 1, 2022, applying the new accounting policy to the contract modification prospectively. 3 Extract from Financial Statements As at Adjustments As at As at Assets items Non-current assets Intangible (Customer Acquisition, net of amortisation) 35,186,496 (35,186,496 ) — — Deferred tax assets* 537,915 (537,915 ) — — Current assets Other receivables 50,939,090 (50,939,090 ) — — Total of assets 86,663,501 (86,663,501 ) — — Liabilities Items Non-current liabilities Customer Acquisition List Payable, net of current portion (29,146,665 ) — — Less: Part Payment made towards Customer Acquisition during the year ended March 31, 2023 (395,209 ) — — Net of payments during the year ended March 31, 2023 (28,751,456 ) 28,751,456 — — Deferred tax liability* (2,297,717 ) 2,297,717 Current liabilities Other financial liabilities Interest on tax payable (845,792 ) 845,792 Other current liabilities: CSR expenses payable (206,619 ) — — Statutory liabilities* (7,790,691 ) 7,997,310 — — Customer acquisition payable (29,146,665 ) 29,146,665 Current tax liability (3,305,308 ) 3,305,308 Total of liabilities (72,344,247 ) 72,344,247 — — Net balances adjusted (14,319,254 ) — — Retained earnings (refer to Consolidated Statement of Changes in Equity) 12,148,403 (14,319,254 ) (2,170,851 ) 4,518,954 * These balances were as per standalone financial statements of Lytus India The “Pre -adjustment -assessments -audit -item -adjustment

Acquisition of Sri Sai Cable an

Acquisition of Sri Sai Cable and Broadband Private Limited	12 Months Ended
	Mar. 31, 2024
Acquisition of Sri Sai Cable and Broadband Private Limited [Abstract]
ACQUISITION OF SRI SAI CABLE AND BROADBAND PRIVATE LIMITED	NOTE 23 — ACQUISITION OF SRI SAI CABLE AND BROADBAND PRIVATE LIMITED The Group has acquired 51% of Sri Sai (Refer Note 23), as part of the earlier arrangement and has correspondingly modified its earlier arrangement with the erstwhile partner, in terms of the residuary transaction. Based on the consultation with the accounting expert and the legal counsel, the Board has concluded that the effective date for acquisition of Sri Sai and the modification effects of the earlier arrangement would take place on April 1, 2022. On March 7, 2023, the Board of Sri Sai approved the Deed of Assignment and executed the Share Purchase Agreement dated March 27, 2023 for the acquisition of 51% equity share of Sri Sai for a consideration of $2.5 million, with additional commitment to invest $7.5 million. Due to regulatory requirements, the Group has directly acquired 49% and has, in a fiduciary capacity, reserved 2% equity shares of Sri Sai with Mr. Nimish Pandya, an Indian resident from regulatory perspective and brother of Dharmesh Pandya. The control that the company has obtained and gained remains unaffected. The Group assumed control in Sri Sai from 1 April 2022 (Refer Note 23). The purchase costs paid under the terms of the executed agreements. Calculation of Goodwill upon Acquisition (USD) Consideration transferred $ 2,500,000 Add: Non-controlling interest – 49% 1,768,961 Less: Sri Sai Net Assets 3,610,124 Goodwill $ 658,837 With this acquisition, the Group expects to increase its market share in India in Media and Internet Services market. Details of the business combination are as follows: (In Us $) Amount settled in cash $ 2,500,000 Proportionate value of Non-controlling interest in Sri Sai 1,768,961 Total 4,268,961 Recognized amounts of identifiable net assets: Property and equipment 7,428,382 Intangible assets 339,493 Deposits 837,605 Non-current loans and advances 344,818 Trade and other receivables 2,260,797 Cash and cash equivalents 432,138 Deferred tax assets 1,283,882 Other current assets (295,216 ) Borrowings (11,788 ) Other liabilities (65,115 ) Trade and other payables (8,944,872 ) Net identifiable assets and liabilities 3,610,124 Goodwill $ 658,837 Non-controlling interest in Sri Sai The non -controlling Goodwill Goodwill recognized on the acquisition relates to the expected growth, cost synergies and the value of Sri Sai’s workforce which cannot be separately recognized as an intangible asset. This goodwill has been allocated to the Group’s wholesale segment and is not expected to be deductible for tax purposes. Changes in Goodwill (Gross Carrying Amount) (USD) Balance at 31 March 2022 $ — Acquired through business combination 658,837 Net exchange differences 73,945 Balance at 31 March 2023 $ 732,782 Acquired through business combination — Net exchange differences (10,174 ) Balance at 31 March 2024 $ 722,608 Sri Sai has contributed to the Group’s revenues by $21,363,772 and profit by $745,955 for the year ended Mach The Company has also agreed to infuse capital investment of $7.5 million, by subscribing to Compulsorily Convertible Debentures issued by Sri Sai. The amount would be utilized for expansion of the Sri Sai business and for development of IPTV business.

Deconsolidation of Subsidiary

Deconsolidation of Subsidiary	12 Months Ended
	Mar. 31, 2024
Deconsolidation of Subsidiary [Abstract]
DECONSOLIDATION OF SUBSIDIARY	NOTE 24 — DECONSOLIDATION OF SUBSIDIARY (a) The Company has decided to acquire from January 1, 2023 a wholly owned subsidiary in United States, Lytus Technologies Inc. that supports its United States operations. Presently, absent United States operations, the Company has agreed to not to acquire shares of Lytus Technologies Inc., however, it would continue to consolidate balances to the extent it relates to the transactions for or on behalf of the Company. Loss attributable to the Company on deconsolidation of a Subsidiary: For the Fair Value Consideration receivable/received — Less; Lytus BVI (Groups) share of net assets at disposal Lytus Inc. share capital at disposal 1,000 Add: Retained earnings at disposal date — Total of Net assets at disposal 1,000 Group Share – 100% 1,000 Less Goodwill at acquisition date — Total Loss on deconsolidation date (1,000 ) (b) The consolidated financial statements have been prepared based on the books and records maintained by the Group. However, due to non -alignment -transfer Loss attributable to the Company on deconsolidation of a Subsidiary: Calculation of resulting gain or loss in profit or loss attributable to parent in a consolidated accountsof Lytus BVI Loss attributable to the Company on deconsolidation of a Subsidiary: For the Fair Value Consideration receivable/received — Less; Lytus BVI (Groups) share of net assets at disposal GHSI share capital at disposal 162,000.00 Add: Retained earnings at disposal date 3,701.00 Total of Net assets at disposal 165,701.00 Group Share – 75% 124,276.00 Less Goodwill at acquisition date 68,500.00 Total Loss on deconsolidation date (192,776.00 ) Due to above reasons, the Board has been unable to access control of the business affairs of the Deconsolidated Subsidiary even though the Board has taken all reasonable steps and has used its best endeavors to resolve the matter. The Board is of the view that the Group does not have the records to prepare accurate and complete financial statements for Deconsolidated Subsidiary for the financial year ended March 31, 2023. Given these circumstances, the Directors have not consolidated the financial statements of the Deconsolidated Subsidiary in the consolidated financial statements of the Company for the year ended March 31, 2023. As such, the results of the Deconsolidated Subsidiary for the year ended March 31, 2023, and the assets and liabilities of the Deconsolidated Subsidiary as of March 31, 2023, have not been included into the consolidated financial statements of the Group. Considering above the liability of $730,000 payable to the GHSI is no longer required to be settled. Therefore, the Company has reversed this commitment in the consolidated statements of profit & loss account.

Series A Preferred Convertible

Series A Preferred Convertible Security	12 Months Ended
	Mar. 31, 2024
Series A Preferred Convertible Security [Abstract]
SERIES A PREFERRED CONVERTIBLE SECURITY	NOTE 25 — SERIES A PREFERRED CONVERTIBLE SECURITY On August 31, 2023, the Company entered into a Securities Purchase Agreement (the “September 2023 Purchase Agreement”) with a certain accredited investor as purchaser, pursuant to which, the Company sold $1,004,705 in principal amount of the Company’s Series A Convertible Preferred Shares, par value $0.01 (the “Preferred Shares”), warrants to purchase the Company’s Preferred Shares (the “Preferred Warrants”) and warrants the (September 2023 Common Warrants”) to purchase the Company’s common shares, par value $0.01 (the “Common Shares). The Preferred Shares are convertible into Common Shares, at an initial conversion price per share of $0.40, subject to adjustment under certain circumstances described in the certificate of designations for the Preferred Shares. The holder of Preferred Shares has the option, at any time and for any amount of such Preferred Shares, to convert Preferred Shares at an alternative conversion price that is the lower of the conversion price in effect, or at a 85% discount to the then -volume -market On November 9, 2022, we entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with a certain a credited investor as purchaser (the “Investor”). Pursuant to the Securities Purchase Agreement, we sold, and the Investor purchased, $3,333,333.33 in principal amount of unsecured senior convertible notes (the “Convertible Notes”) and warrants (the “Warrants”). The Company has reserved 20,911,474 for issuance of no less than the sum of 1) maximum number of common shares issuable upon conversion of all the notes then outstanding (number of 19,157,088 common shares, referred to “Common Share Conversion”), and 2) the maximum number of warrants shares issuable upon exercise of all the warrants then outstanding (number of 1,754,386 common shares, referred to as “Warrant Conversion”). As of April 10, 2024, all the warrants and the preferred stock (stated above) have been converted to common stock and the liability has been repaid in full.

Subsequent Events

Subsequent Events	12 Months Ended
	Mar. 31, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 26 — SUBSEQUENT EVENTS Management has evaluated subsequent events to determine if events or transactions occurring through, except for the disclosures related to subsequent events described below, as to which the date is April 10, 2024, the dates the financial statements were available for issuance, require potential adjustment to or disclosure in the financial statement and has concluded that all such events that would require recognition or disclosure have been recognized or disclosed. Securities Purchase Agreement On June 3, 2024, Lytus Technologies Holdings PTV. Ltd. (the “ Company Purchase Agreement Mast Hill FirstFire Investors Commitment Shares Pursuant to the Purchase Agreement, the Company will issue the senior secured promissory notes, common share purchase warrants and Commitment Shares to the Investors in multiple tranches. Under the first tranche, the Company issued each of Mast Hill and FirstFire a senior secured promissory note in the principal amount of $1,427,778.00 and $238,888.88, respectively (the “ Notes Warrants Tranche Notes Pursuant to the Purchase Agreement, the Company entered into a registration rights agreement (the “ RRA Pursuant to the Purchase Agreement, the Company entered into a security agreement (the “ Security Agreement Equity Line of Credit Concurrent with the execution of the Purchase Agreement, the Company entered into an equity purchase agreement (the “ Equity Purchase Agreement ELOC RRA Common Stock ELOC Warrant On June 30, 2024, Lytus announced launch of its audio OTT platform. Radio Room will offer an array of audio dramas that encompass a variety of genres such as classic literature, crime thrillers, romance, and children’s stories, all tailored for the Indian diaspora worldwide. Radio Room is poised to become a pivotal player in the audio streaming sector, which delivers content directly over the internet to consumers (“over -the-top On July 30, 2024, Lytus has infused approx. $2 million in Sri Sai for expansion of its business and has reduced its total capital outlay requirement to $6 million (earlier $7.5 million). Further, it is in development stage of building OTT platform that will exponentially expand its market reach (worldwide).

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations Lytus Technologies Holdings PTV. Ltd. (Reg. No. 2033207) (“Lytus Tech” or the “Company”) was incorporated on March 16, 2020 (date of inception) under the laws of the British Virgin Islands (BVI). On March 19, 2020, Lytus Tech acquired a wholly owned subsidiary in India, Lytus Technologies Private Limited (CIN U22100MH2008PTC182085) (“Lytus India”), on April 1, 2022, it acquired a majority shareholding (51%) in an Indian company, Sri Sai cable and Broadband Private Limited (CIN U74999TG2018PTC124509) (“Sri Sai” or “SSC”) and on January 1, 2023, it acquired a wholly owned subsidiary in United States, Lytus Technologies Inc 3 3 The Company’s registered office is at 116 Main Street, P.O. Box 3342, Road Town, Tortola British Virgin Islands. The consolidated financial statements comprise financial statements of the Company and its subsidiaries (together referred to as “the Group”). On June 17, 2022, the Company consummated its initial public offering (“IPO”) on NASDAQ Capital Markets. The Company has listed common shares on the NASDAQ Capital Market under the trading symbol “LYT”.
Basis of preparation	Basis of preparation The consolidated financial statements of the Company have been prepared in accordance with International Financial Reporting Standards (IFRS) and interpretations issued by the IFRS Interpretations Committee (IFRS IC) applicable to companies reporting under IFRS. The financial statements comply with IFRS as issued by the International Accounting Standards Board (IASB). The accounting policies used for the preparation of these consolidated financial statements are based upon the application of IFRS 1.D17, which results in assets and liabilities being measured at the same carrying amount as in the standalone financial statements of subsidiaries for the year ended March 31, 2024 and for the year ended March 31, 2023 after adjusting for consolidation and equity accounting adjustments and for the effects of the business combination in which the entity acquired the subsidiary. The functional and reporting currency of the Company and Group is “INR” and “USD”, respectively and all amounts, are rounded with two decimals, unless otherwise stated. The consolidated financial statements have been prepared under the historical cost convention.
Basis of Consolidation	Basis of Consolidation The subsidiaries considered in the preparation of these consolidated financial statements are: Name of Subsidiary % Shareholding and Voting Power Country of As of As of Lytus Technologies Private Limited India 100 % 100 % Sri Sai Cable and Broadband Private Limited India 51 % 51 % Lytus Technologies Inc. United States — 100 % 3 “The Company has deconsolidated two companies GHSI and Lytus Inc. during the period ending March 1, 2023 and 1 April 2023, respectively. Refer to note 24. Note: These consolidated financial statements are prepared in accordance with IFRS 10 “Consolidated Financial Statements”. Subsidiaries are entities controlled by the Company. Control is achieved where the Company has existing rights that give it the current ability to direct the relevant activities that affect the Company’s returns and exposure or rights to variable returns from the entity. Subsidiaries are consolidated from the date of their acquisition, being the date on which the group obtains control, and continue to be consolidated until the date that such control ceases. The consolidated financial statements of the Company and its subsidiaries are combined on a line -by-line -group -controlling -controlling -controlling
Critical accounting estimates	Critical accounting estimates The preparation of the consolidated financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the Group’s accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the consolidated financial statements, are disclosed in note 2.
Recent accounting standards	Recent accounting standards The Group has not applied the following new and revised IFRSs that have been issued but are not yet effective. • • -current • • • • * ** *** IFRS 16 — Lease Liability in a Sale and Leaseback In September 2022, the IASB issued ‘Lease Liability in a Sale and Leaseback (Amendments to IFRS 16)’ with amendments that clarify how a seller -lessee IAS 1 — Non-current Liabilities with Covenants In October 2022, IASB issued ‘Non -current -current IAS 1 — Classification of Liabilities In January 2020, IASB issued the final amendments in Classification of Liabilities as Current or Non -Current -current IAS 1 — Disclosure of Accounting Policies In February 2021, IASB issued ‘Disclosure of Accounting Policies (Amendments to IAS 1 and IFRS Practice Statement 2)’ which is intended to help entities in deciding which accounting policies to disclose in their financial statements. The amendments to IAS 1 require entities to disclose their material accounting policies rather than their significant accounting policies. The amendments to IFRS Practice Statement 2 provide guidance on how to apply the concept of materiality to accounting policy disclosures. The Group does not expect this amendment to have any significant impact in its financial statements. IAS 8 — Definition of Accounting Estimates In February 2021, IASB issued ‘Definition of Accounting Estimates (Amendments to IAS 8)’ to help entities to distinguish between accounting policies and accounting estimates. The definition of a change in accounting estimates has been replaced with a definition of accounting estimates. Under the new definition, accounting estimates are “monetary amounts in financial statements that are subject to measurement uncertainty”. Entities develop accounting estimates if accounting policies require items in financial statements to be measured in a way that involves measurement uncertainty. The Group does not expect this amendment to have any significant impact in its financial statements. IAS 12 — Income Taxes In May 2021, IASB issued ‘Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Amendments to IAS 12), which clarify how companies account for deferred tax on transactions such as leases and decommissioning obligations. The amendments narrowed the scope of the recognition exemption in paragraphs 15 and 24 of IAS 12 (recognition exemption) so that it no longer applies to transactions that, on initial recognition, give rise to equal taxable and deductible temporary differences. The Group does not expect this amendment to have any significant impact in its financial statements. The IASB has issued the amendments to IFRS 10 and IAS 28 deal with situations where there is a sale or contribution of assets between an investor and its associate or joint venture. The effective date of the amendments has yet to be set by the Board. The Group does not expect the amendment to have any impact on its consolidated financial statements. Amendments to IAS 16 for the proceeds before intended use. The amendments prohibit deducting from the cost of an item of property, plant and equipment any proceeds from selling items produced before that asset is available for use. The amendments are effective for annual periods beginning on or after 1 January 2022. The Group does not expect the amendment to have any impact on its consolidated financial statements. Amendments to IAS 37 for cost of fulfilling a contract. The amendments specify that the cost of fulfilling a contract comprises the costs that relate directly to the contract. The amendments are effective for annual periods beginning on or after 1 January 2022. The Group does not expect the amendment to have any impact on its consolidated financial statements. IAS 7 and IFRS 7 — Supplier Finance Arrangements In May 2023, the IASB issued ‘Supplier Finance Arrangements (Amendments to IAS 7 and IFRS 7)’ which require an entity to provide additional disclosures about supplier finance arrangements. Solely credit enhancements for the entity or instruments used by the entity to settle their dues, are not supplier finance arrangements. Entity will have to disclose information that enables users of financial statements to assess how these arrangements affect its liabilities and cash flows and to understand their effect on an its exposure to liquidity risk and how it might be affected if the arrangements were no longer available to it. The Group does not expect the amendments to have any significant impact on its presentation of liabilities. IAS 21 — The Effects of Changes in Foreign Exchange Rates In August 2023, the IASB issued ‘Lack of Exchangeability (Amendments to IAS 21)’ to provide guidance to specify which exchange rate to use when the currency is not exchangeable. An entity must estimate the spot exchange rate as the rate that would have applied to an orderly transaction between market participants at the measurement date and that would faithfully reflect the economic conditions prevailing. The Group does not expect this amendment to have any significant impact in its financial statements.
Current and non-current classification	Current and non-current classification Assets and liabilities are presented in the statement of financial position based on current and non -current An asset is classified as current when: it is either expected to be realized or intended to be sold or consumed in normal operating cycle; it is held primarily for the purpose of trading; it is expected to be realized within 12 months after the reporting period; or the asset is cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least 12 months after the reporting period. All other assets are classified as non -current A liability is classified as current when: it is either expected to be settled in normal operating cycle; it is held primarily for the purpose of trading; it is due to be settled within 12 months after the reporting period; or there is no unconditional right to defer the settlement of the liability for at least 12 months after the reporting period. All other liabilities are classified as non -current The operating cycle is the time between the acquisition of assets for processing and their realization in cash and cash equivalents. The Company has identified twelve months as its operating cycle.
Basis of Deconsolidation	Basis of Deconsolidation When events or transactions results in a loss of control over the subsidiary, the assets and liabilities of the subsidiary including any goodwill are derecognised. Amounts previously recognised in the consolidated statements of comprehensive income within “other comprehensive income” in respect of that entity are also reclassified to the consolidated statements of comprehensive income or transferred directly to retained earnings if required by a specific Standard. Any retained equity interest in the entity is remeasured at fair value. The difference between the carrying amount of the retained interest at the date when control is lost and its fair value is recognised in the consolidated statements of comprehensive income.
Functional and presentation currency	Functional and presentation currency Items included in the financial statements of the Company are measured using the currency of India (INR) which is the primary economic environment in which the Company operates (‘the functional currency’). The financial statements are presented in United States dollars.
Transactions and balances	Transactions and balances Foreign currency transactions are translated into the presentation currency using the exchange rates at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation of monetary assets and liabilities denominated in foreign currencies at year end exchange rates are generally recognized in profit or loss. They are deferred in equity if they relate to qualifying cash flow hedges and qualifying net investment hedges or are attributable to part of the net investment in a foreign operation. Foreign exchange gains and losses that relate to borrowings are presented in the statement of profit or loss, within finance costs. All other foreign exchange gains and losses are presented in the statement of profit or loss on a net basis within other gains/(losses). Non -monetary -monetary -monetary
Financial Instruments	Financial Instruments Financial Assets Classification The Group classifies its financial assets in the following measurement categories: • • The classification depends on the entity’s business model for managing the financial assets and the contractual terms of the cash flows. For assets measured at fair value, gains and losses will either be recorded in profit or loss or OCI. For investments in equity instruments that are not held for trading, this will depend on whether the Company has made an irrevocable election at the time of initial recognition to account for the equity investment at fair value through other comprehensive income (FVOCI). The Group reclassifies debt investments when and only when its business model for managing those assets changes. Recognition and derecognition Regular way purchases and sales of financial assets are recognized on trade -date Measurement At initial recognition, the Group measures a financial asset at its fair value plus, in the case of a financial asset not at fair value through profit or loss (FVPL), transaction costs that are directly attributable to the acquisition of the financial asset. Transaction costs of financial assets carried at FVPL are expensed in profit or loss. Debt instruments Subsequent measurement of debt instruments depends on the Group business model for managing the asset and the cash flow characteristics of the asset. There are three measurement categories into which the Company classifies its debt instruments: Amortized cost: FVOCI: FVPL: Equity instruments The Group subsequently measures all equity investments at fair value. Where the Group management has elected to present fair value gains and losses on equity investments in OCI, there is no subsequent reclassification of fair value gains and losses to profit or loss following the derecognition of the investment. Dividends from such investments continue to be recognized in profit or loss as other income when the Group right to receive payments is established. Changes in the fair value of financial assets at FVPL are recognized in other gains/(losses) in the statement of profit or loss as applicable. Impairment losses (and reversal of impairment losses) on equity investments measured at FVOCI are not reported separately from other changes in fair value. Impairment The Group assesses on a forward -looking For trade receivables only, the Company measures the expected credit loss associated with its trade receivables based on historical trend, industry practices and the business environment in which the entity operates or any other appropriate basis. The impairment methodology applied depends on whether there has been a significant increase in credit risk. Financial Liabilities Initial Recognition and Measurement All financial liabilities are recognized initially at fair value and in the case of loans and borrowings and payables, net of directly attributable transaction costs. The Group financial liabilities include trade and other payables, loans, and borrowings including bank overdrafts and derivative financial instruments. Subsequent measurement Financial liabilities at amortized cost: After initial measurement, such financial liabilities are subsequently measured at amortized cost using the effective interest rate (EIR) method. Amortized cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortization is included in finance costs in the Statement of Profit and Loss. Borrowings Borrowings are initially recognized at fair value, net of transaction costs incurred. Borrowings are subsequently measured at amortized cost. Any difference between the proceeds (net of transaction costs) and the redemption amount is recognized in the Statement of Profit and Loss over the period of the borrowings using the EIR method. Trade and Other Payables These amounts represent liabilities for goods and services provided to the Group prior to the end of the period which are unpaid. Trade and other payables are presented as current liabilities unless payment is not due within 12 months after the reporting period. They are recognized initially at their fair value and subsequently measured at amortized cost using the effective interest method. Financial Guarantee Obligations The fair value of financial guarantees is determined as the present value of the difference in net cash flows between the contractual payments under the debt instrument and the payments that would be required without the guarantee, or the estimated amount that would be payable to a third party for assuming the obligations. Where guarantees in relation to loans or other payables of subsidiaries, joint ventures or associates are provided for no compensation, the fair values as of the date of transition are accounted for as contributions and recognized as part of the cost of the equity investment. Share Warrant Liability The share warrants can be accounted as either equity instruments, derivative liabilities, or liabilities in accordance with IAS 32 — Financial Instruments: Disclosure and Presentation, depending on the specific terms of the warrant agreement. Share warrants are accounted for as a derivative in accordance with IFRS 9 — Financial Instruments if the share warrants contain terms that could potentially require “net cash settlement” and therefore, do not meet the scope exception for treatment as a derivative. Share Warrant instruments that could potentially require “net cash settlement” in the absence of express language precluding such settlement are initially classified as financial liabilities at their fair values, regardless of the likelihood that such instruments will ever be settled in cash. The Company will continue to classify the fair value of the warrants that contain “net cash settlement” as a liability until the share warrants are exercised, expire or are amended in a way that would no longer require these warrants to be classified as a liability. The outstanding warrants are recognized as a warrant liability on the balance sheet and measured at their inceptions date fair value and subsequently re -measured
Derecognition	Derecognition Financial assets The Group derecognizes a financial asset when the contractual rights to the cash flows from the financial asset expire, or it transfers the rights to receive the contractual cash flows in a transaction in which substantially all of the risks and rewards of ownership of the financial asset are transferred or in which the Group neither transfers nor retains substantially all of the risks and rewards of ownership and it does not retain control of the financial asset. The Group enters into transactions whereby it transfers assets recognized in its statement of financial position but retains either all or substantially all of the risks and rewards of the transferred assets. In these cases, the transferred assets are not derecognized. Financial Liability The Group derecognizes a financial liability when its contractual obligations are discharged or cancelled, or expire. The Group also derecognizes a financial liability when its terms are modified and the cash flows of the modified liability are substantially different, in which case a new financial liability based on the modified terms is recognized at fair value. On derecognition of a financial liability, the difference between the carrying amount extinguished and the consideration paid (including any non -cash
Income tax	Income tax The income tax expense or benefit for the period is the tax payable on that period’s taxable income based on the applicable income tax rate for each jurisdiction, adjusted by the changes in deferred tax assets and liabilities attributable to temporary differences, unused tax losses and the adjustment recognized for prior periods, where applicable. Deferred tax assets and liabilities are recognized for temporary differences at the tax rates expected to be applied when the assets are recovered or liabilities are settled, based on those tax rates that are enacted or substantively enacted, except for: • • Deferred tax assets are recognized for deductible temporary differences and unused tax losses only if it is probable that future taxable amounts will be available to utilize those temporary differences and losses. The carrying amount of recognized and unrecognized deferred tax assets are reviewed at each reporting date. Deferred tax assets recognized are reduced to the extent that it is no longer probable that future taxable profits will be available for the carrying amount to be recovered. Previously unrecognized deferred tax assets are recognized to the extent that it is probable that there are future taxable profits available to recover the asset. Deferred tax assets and liabilities are offset only where there is a legally enforceable right to offset current tax assets against current tax liabilities and deferred tax assets against deferred tax liabilities; and they relate to the same taxable authority on either the same taxable entity or different taxable entities which intend to settle simultaneously. As of March 31, 2024 and March 31, 2023, the Group had no significant uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The Group recognizes interest and penalties related to significant uncertain income tax positions in other expense. There were no such interest and penalties incurred for the period ended March 31, 2024 and for the year ended March 31, 2023. Under section 115 -O -O
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents comprise cash on hand and demand deposits and other short -term
Property and Equipment	Property and Equipment Property and Equipment assets are carried at cost less accumulated depreciation and accumulated impairment losses, if any. Cost includes expenditure that is directly attributable to the acquisition of the items. Subsequent costs are included in the asset’s carrying amount or recognized as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Group and the cost of the item can be measured reliably. The carrying amount of any component accounted for as a separate asset is derecognized when replaced. All other repairs and maintenance are charged to the Statement of Profit or Loss during the reporting period in which they are incurred. Capital work in progress (CWIP) includes cost of property and equipment under installation/under development, as of balance sheet date. All project related expenditures related to civil works, machinery under erection, construction and erection materials, preoperative expenditure incidental/attributable to the construction of projects, borrowing cost incurred prior to the date of commercial operations and trial run expenditure are shown under CWIP. Property and Equipment are derecognized from the financial statements, either on disposal or when retired from active use. Gains and losses on disposal or retirement of Property and Equipment are determined by comparing proceeds with carrying amount. These are recognized in the Statement of Profit or Loss.
Depreciation methods, estimated useful lives and residual value	Depreciation methods, estimated useful lives and residual value Depreciation is calculated to write off the cost of items of property and equipment less their estimated residual values using the written down method over their estimated useful lives and is generally recognized in profit or loss. Leased assets are depreciated over the shorter of the lease term and their useful lives unless it is reasonably certain that the Group will obtain ownership by the end of the lease term. Land is not depreciated. The estimated useful lives of property and equipment for current and comparative periods are as follows: Buildings 40 years Property and equipment 3 – 15 years Fixtures and fittings 5 – 10 years Office equipments 5 – 10 years Plant and Machinery 5 – 10 years Depreciation methods, useful lives and residual values are reviewed at each reporting date and adjusted if appropriate.
Fair value measurement	Fair value measurement When an asset or liability, financial or non -financial Fair value is measured using the assumptions that market participants would use when pricing the asset or liability, assuming they act in their economic best interests. For non -financial
Subsequent expenditure	Subsequent expenditure Subsequent expenditure relating to property, plant and equipment is added to the carrying amount of the asset only when it is probable that future economic benefits associated with the item will flow to the entity and the cost of the item can be measured reliably. All other repair and maintenance expenses are recognised in the consolidated statements of profit or loss and other comprehensive income when incurred.
Disposal	Disposal On disposal of an item of property, plant and equipment, the difference between the disposal proceeds and its carrying amount is recognised in the consolidated statements of profit or loss and other comprehensive income.
Intangible Assets	Intangible Assets Separately purchased intangible assets are initially measured at cost. Intangible assets acquired in a business combination are recognized at fair value at the acquisition date. Subsequently, intangible assets are carried at cost less any accumulated amortization and accumulated impairment losses, if any. The useful lives of intangible assets are assessed as either finite or indefinite. Finite -life -life Customers acquisition 5 Years Trademark/Copy rights 5 Years Computer Software 5 Years Commercial Rights 5 – 10 years The amortization period and the amortization method for definite life intangible assets is reviewed annually. For indefinite life intangible assets, the assessment of indefinite life is reviewed annually to determine whether it continues, if not, it is impaired or changed prospectively basis revised estimates. Goodwill on acquisitions of subsidiaries represents the excess of (i) the sum of the consideration transferred, the amount of any non -controlling -date Gains and losses on the disposal of subsidiaries include the carrying amount of goodwill relating to the entity sold. IAS 38 requires an entity to recognize an intangible asset, whether purchased or self -created a. b. The probability of future economic benefits must be based on reasonable and supportable assumptions about conditions that will exist over the life of the asset. [IAS 38.22] The probability recognition criterion is always considered to be satisfied for intangible assets that are acquired separately or in a business combination. [IAS 38.33] Para 25 of IAS 38 provides that the price an entity pays to acquire separately an intangible asset will reflect expectations about the probability that the expected future economic benefits embodied in the asset will flow to the entity. In other words, the entity expects there to be an inflow of economic benefits, even if there is uncertainty about the timing or the amount of the inflow. Therefore, the probability recognition criteria in Para 21(a) is always considered to be satisfied for separately acquired intangible assets. Para 26 of IAS 38 provides that the costs of a separately acquired intangible asset can usually be measured reliably. This is particularly so when the purchase consideration is in the form of cash or other monetary assets. Development costs mainly relate to developed computer software programmes. Such computer software programmes that do not form an integral part of other related hardware is treated as an intangible asset. Development costs that are directly associated with development and acquisition of computer software programmes by the Group are capitalised as intangible assets when the following criteria are met: • • • • • • Direct costs include salaries and benefits for employees on engineering and technical teams who are responsible for building new computer software programmes. Expenditure that enhances or extends the performance of computer software programmes beyond their original specifications and which can be reliably measured is added to the original cost of the software. Costs associated with maintaining computer software programmes are recognised as an expense when incurred. Completed development costs in progress are reclassified to internally developed intangible assets. These internally developed intangible assets are subsequently carried at cost less accumulated amortisation and accumulated impairment losses. These costs are amortised to the consolidated statements of profit or loss and other comprehensive income using a straight -line
Revenue	Revenue Revenue is recognized based on the transfer of services to a customer for an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Revenue is measured at the fair value of consideration received or receivable taking into account the amount of discounts, rebates, outgoing taxes on sales. To determine whether to recognize revenue, the Group follows a 5 -step 1. 2. 3. 4. 5. Further information about each source of revenue from contracts with customers and the criteria for recognition follows. Subscription revenues Subscription income includes subscription from subscribers. Revenue is recognized upon completion of services based on underlying subscription plan or agreements with the subscribers. Invoice for subscription revenue is raised on a monthly basis. These services are consumed by the client and their members in accordance with the service programs selected by the client included in the client services agreements. Client service agreements are renewed on an annual bass and can be terminated based upon terms specified in the agreements. Carriage/Placement/Marketing Incentive revenues Carriage/Placement/Marketing Incentive fees are recognized upon completion of services based on agreements with the broadcasters. Advertising revenues Advertisement income is recognized when relevant advertisements are telecasted. Goods and Service Tax on all income The Company collects Goods and Service Tax (GST) on behalf of the government and, therefore, it is not an economic benefit flowing to the Company. Hence, it is excluded from revenue.
Cost recognition	Cost recognition Costs and expenses are recognized when incurred and have been classified according to their primary functions in the following categories: Cost of revenue Cost of revenue consists primarily of cost of materials consumed, broadcaster/subscription fees and leaseline charges. Costs of revenue are recognized when incurred and have been classified according to their primary function. Other operating expenses Other operating expenses consist primarily of general and administrative expenses like electricity, software running expenses, repairs and maintenance, travelling expenses etc.
Borrowing Costs	Borrowing Costs 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 capitalized 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.
Provisions	Provisions Provisions are recognized when the Group has a present legal or constructive obligation as a result of past events, it is probable that an outflow of resources will be required to settle the obligation and the amount can be reliably estimated. Provisions are not recognized for future operating losses. Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognized even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small. Provisions are measured at the present value of management’s best estimate of the expenditure required to settle the present obligation at the end of the reporting period. The discount rate used to determine the present value is a pre -tax
Deferred Offering Costs	Deferred Offering Costs Deferred Offering Costs consists of legal, accounting, underwriter’s fees, and other costs incurred through the balance date that are directly related to the proposed Initial Public Offering (IPO) and that would be charged to stockholder equity upon completion of the proposed IPO. Should the proposed IPO prove unsuccessful, deferred costs and additional expenses to be incurred would be charged to operations. We have listed our equity stock on June 17, 2022 and have charged deferred offering costs of $34,165 for the year ended March 31, 2023. There is no deferring offering costs for the year ended March 31, 2024.
Issued Capital	Issued Capital Common shares are classified as equity. Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds.
Dividends	Dividends Dividend distributions to the Group’s shareholders are recognized as a liability in the financial statements in the period in which the dividends are approved.
Earnings per share	Earnings per share Basic earnings per share Basic earnings per share is calculated by dividing the profit attributable to the controlling interest, excluding any costs of servicing equity other than common shares, by the weighted average number of common shares outstanding during the financial year, adjusted for bonus elements in common shares issued during the financial year. Diluted earnings per share Diluted earnings per share adjusts the figures used in the determination of basic earnings per share to take into account the after income tax effect of interest and other financing costs associated with dilutive potential common shares and the weighted average number of shares assumed to have been issued for no consideration in relation to dilutive potential common shares.
Trade and Other Receivable	Trade and other receivable Assessment as to whether the trade receivables: When measuring Expected Credit Loss (ECL) of receivables the Group uses reasonable and supportable information, which is based on assumptions for the future movement of different economic drivers and how these drivers will affect each other. Probability of default constitutes a key input in measuring ECL. Probability of default is an estimate of the likelihood of default over a given time horizon, the calculation of which includes historical data, assumptions and expectations of future conditions. The payment protocols with respect to the Telecast and OTT services are very closely regulated by the Ministry of Telecommunications along with other departments of the Government of India. The payment gateways reporting protocols for the cable industry are very robust, with most of the transactional interactions with the customers in this industry being subject to independent audits by the government. Payments processed online by customers electronically are reported promptly.
Segment Reporting	Segment Reporting Operating segments are reported in a manner consistent with the internal reporting provided to the executive committee whose members are responsible for allocating resources and assessing performance of the operating segments.

Nature of Operations and Summ_2

Nature of Operations and Summary of Significant Accounting and Reporting Policies (Tables)	12 Months Ended
	Mar. 31, 2024
Nature of Operations and Summary of Significant Accounting and Reporting Policies [Abstract]
Schedule of Consolidated Financial Statements	The subsidiaries considered in the preparation of these consolidated financial statements are: Name of Subsidiary % Shareholding and Voting Power Country of As of As of Lytus Technologies Private Limited India 100 % 100 % Sri Sai Cable and Broadband Private Limited India 51 % 51 % Lytus Technologies Inc. United States — 100 %
Schedule of Estimated Useful Lives of Property and Equipment for Current and Comparative Periods	The estimated useful lives of property and equipment for current and comparative periods are as follows: Buildings 40 years Property and equipment 3 – 15 years Fixtures and fittings 5 – 10 years Office equipments 5 – 10 years Plant and Machinery 5 – 10 years
Schedule of Estimated Useful Lives by Major Class of Finite-Life Intangible Assets	The useful lives of intangible assets are assessed as either finite or indefinite. Finite -life -life Customers acquisition 5 Years Trademark/Copy rights 5 Years Computer Software 5 Years Commercial Rights 5 – 10 years

Revenue from Contract with Cu_2

Revenue from Contract with Customers (Tables)	12 Months Ended
	Mar. 31, 2024
Revenue from Contract with Customers [Abstract]
Schedule of Revenue from Contract with Customers	Revenue from contract with customers consist of the following for the year ended March 31, 2024 and for the year ended March 31, 2023: Disaggregated revenue information For the For the (US$) (US$) Types of services: Subscription Income $ 14,955,197 $ 13,930,887 Carriage/placement fees 5,410,248 3,406,204 Advertisement Income 556,582 1,413,553 Device activation fees 151,960 257,540 Fiber use revenue 289,788 — Total revenue from customers $ 21,363,775 $ 19,008,184 Timing of revenue recognition Product transferred at point in time — — Services transferred over time $ 21,363,775 $ 19,008,184 Total $ 21,363,775 $ 19,008,184
Schedule of Information about Receivables, Contract Assets and Contract Liabilities	The following table provides information about receivables, contract assets and contract liabilities from contracts with customers.: As of As of (US$) (US$) Receivables, which are included in ‘trade receivables, net $ 3,682,302 $ 1,831,724

Other Income (Tables)

Other Income (Tables)	12 Months Ended
	Mar. 31, 2024
Other Income [Abstract]
Schedule of Other Income	Other income For the For the Fair value gain on warrant liability — 22,766 Miscellaneous income 3,916 1,501 Liabilities no longer required written back 1,635,651 360,878 1,639,567 385,145

Expenses (Tables)

Expenses (Tables)	12 Months Ended
	Mar. 31, 2024
Expenses [Abstract]
Schedule of Expenses	Expenses consist of the following for the year ended March 31, 2024, and March 31, 2023: For the For the (US$) (US$) Cost of revenue $ 16,762,580 $ 13,884,291 Amortization of intangible assets 15,813 16,211 Depreciation 910,671 680,013 Legal and professional expenses 386,622 833,079 Staffing expense 844,098 633,979 Other operating expenses 2,643,948 2,267,265 Total expenses $ 21,563,732 $ 18,314,838
Schedule of Cost of Revenue Consists	For the For the (In USD) (In USD) Cost of revenue consists of: Cost of materials consumed — — Broadcaster/subscription Fees 15,454,840 12,715,217 Lease line/bandwidth charges 1,225,922 1,091,700 Carriage fees 1,658 — Cable hardware & networking Exp. 78,157 28,129 Ham charges — 3,156 Activation installation costs — 37,217 Programming expenses 2,003 8,872 $ 16,762,580 $ 13,884,291
Schedule of Legal and Professional Expenses	During the year ending March 31, 2023, the Company has recorded costs of revenue of $13,884,291 relating to the business of Sri Sai, a licensed Multi System Operator in the business of telecasting/streaming of broadcast channels to subscribers for a subscription charge. For the For the (US$) (US$) Legal and professional expenses consist of: Audit fees $ 119,525 $ 144,747 Legal and professional fees 267,097 688,332 Total expenses $ 386,622 $ 833,079
Schedule of Staffing Expenses Consists	Staffing expenses consists of: For the For the (US$) (US$) Salaries, wages and bonus $ 775,319 $ 555,591 Contribution to a gratuity fund 29,774 30,606 EPF, ESIC and labour welfare fund 19,719 34,738 Staff welfare expenses 19,286 13,044 Total expenses $ 844,098 $ 633,979
Schedule of Other Operating Expenses	Details of other operating expenses: For the For the (US$) (US$) Electricity charges $ 59,821 $ 59,036 Repair & maintenance expenses 179,592 129,987 Business promotion expenses 30,096 3,508 Operating lease rentals 17,579 15,327 Regulatory expenses 43,551 69,929 Conveyance & Traveling expenses 28,434 112,111 Security charges 12,653 5,150 Commission charges 1,621,014 1,465,012 Credit Loss allowances 72,698 (120,544 ) Loss on disposal of a subsidiary 1,000 192,776 Other operating expenses 577,510 334,973 Total other expenses $ 2,643,948 $ 2,267,265
Schedule of Finance and Other Income	Details of Finance and other income For the For the (US$) (US$) Interest on income tax refund $ — $ 19,123 Total $ — $ 19,123
Schedule of Finance and Other Costs	Details of Finance and other costs For the For the (US$) (US$) Interest on bank overdrafts, loans and other financial liabilities $ 346,465 $ 328,449 Interest on lease liabilities $ 42,850 $ 21,845 Commission and other borrowings 232,911 122,000 Collection charges 15,715 125,930 Foreign exchange losses on borrowings — — Share warrant expenses — 1,607,791 Other costs – interest on tax payables 1,016 4,389 638,957 2,210,404
Schedule of Borrowing Costs	For the For the (US$) (US$) Total borrowing costs $ 638,957 $ 2,210,404 Less: amounts included in the cost of qualifying assets $ — $ — 638,957 2,210,404

Income Tax (Tables)

Income Tax (Tables)	12 Months Ended
	Mar. 31, 2024
Income Tax [Abstract]
Schedule of Income Tax	Income tax consist of the following for the year ended March 31, 2024: For the For the (US$) (US$) Current tax expenses $ 119,238 $ 387,407 Deferred tax (benefit)/expense 28,241 135,640 Income tax expense $ 147,479 $ 523,047
Schedule of Consolidated Statement of Comprehensive Income	Consolidated statement of comprehensive income For the For the (US$) (US$) Deferred tax related to item charged directly to equity: Net loss/(gain) on translations of foreign subsidiaries $ (27,701 ) $ (72,663 ) Total $ (27,701 ) $ (72,663 )
Schedule of Reconciliation of Deferred Tax (Liabilities)/Asset Net	Current and deferred tax is recognized in the income statement unless the item to which the tax relates was recognized outside the income statement being other comprehensive income or equity. The tax associated with such an item is also recognized in other comprehensive income or equity respectively. As of As of (US$) (US$) Accounting profit before tax $ 800,653 $ (1,112,790 ) Less: Net profit/(loss) of the Lytus BVI 114,296 (3,134,953 ) Net Accounting profit 686,357 2,022,163 At Indian statutory income tax rate of 25.17% 224,878 508,979 Accelerated tax depreciation (131,667 ) (139,328 ) Others mainly timing differences 19,728 8,038 Exchange differences 6,299 (9,718 ) Current income tax expense reported on consolidated statements of profit or loss and other comprehensive income $ 119,238 387,407
Schedule of Financial Statement	Reflected in the financial statement of financial position as follows: As of As of (US$) (US$) Opening balance $ 399,174 3,305,308 Acquired in business combination — 121,319 Current income tax accrual 119,238 $ 387,407 Adjustment on account of modification — (3,399,850 ) Exchange rate difference (3,565 ) (15,010 ) Taxes paid/adjustments (354,581 ) — Closing balance of current income taxes payables $ 160,266 $ 399,174
Schedule of Deferred Tax	Deferred tax relates to the following temporary differences: As of As of (US$) (US$) Deferred tax assets Temporary timing differences $ 70,463 $ (22,878 ) Foreign currency translations of foreign subsidiary — 126,624 Total deferred tax assets $ 70,463 $ 103,746 Deferred tax liabilities Accelerated depreciation on tangible and intangible assets $ 498,112 $ 1,625,271 Acquired in business combination — 295,177 Temporary differences — 9,929 On translations of foreign subsidiary operations 3,381 72,663 Reversed in deconsolidation/Modification of contracts — (1,533,644 ) Exchange rate difference — (8,963 ) Total deferred tax liabilities $ 494,731 $ 478,359
Schedule of Reconciliation of Deferred Tax (Liabilities)/Asset Net	Reconciliation of deferred tax (liabilities)/asset net: As of As of (US$) (US$) Opening balance $ (374,613 ) $ (1,407,020 ) Tax expense during the period recognised in profit & loss (131,677 ) (135,640 ) Exchange rate difference (6,134 ) (37,613 ) Tax expenses during the period recognised in other comprehensive income 39,771 (72,663 ) Temporary timing differences 31,066 (9,929 ) Reversed on deconsolidation of a subsidiary (146,715 ) (1,510,767 ) Acquired in business combination — (295,177 ) Total deferred tax (liabilities)/assets net $ (424,268 ) $ (374,613 )

Trade Receivables, Net (Tables)

Trade Receivables, Net (Tables)	12 Months Ended
	Mar. 31, 2024
Trade Receivables [Abstract]
Schedule of Trade Receivables, Net	Trade receivables, net consist of the following: As of As of (US$) (US$) Receivable from related parties 444,082 352,424 Receivable from others 3,367,494 1,537,132 Less: allowance for doubtful debts (expected credit loss) (129,274 ) (57,832 ) Total receivables $ 3,682,302 $ 1,831,724
Schedule of Risk Profile of Trade Receivables Based on the Group’s Provision Matrix	As The Group’s historical credit loss experience does not show significantly different loss patterns for different customer segments, the provision for loss allowance based on past due status is not further distinguished between The Group’s different customer base. Ageing Not past 31 – 90 90 – 180 180 – 365 >365 Total Gross carrying amount 2,821,141 335,357 276,851 138,164 240,063 3,811,576 Expected loss rate 0.00 % 0.00 % 0.04 % 6.61 % 50.00 % Estimated total gross carrying amount at default 2,821,141 335,357 276,851 138,164 240,063 3,811,576 Lifetime ECL — — 106 9,137 120,031 129,274 Ageing Not past 31 – 90 90 – 180 180 – 365 >365 Total Gross carrying amount 1,259,489 239,522 220,966 59,573 110,006 1,889,556 Expected loss rate 0.00 % 0.00 % 0.03 % 5.82 % 50.00 % Estimated total gross carrying amount at default 1,259,489 239,522 220,966 59,573 110,006 1,889,556 Lifetime ECL — — 73 3,642 54,117 57,832
Schedule of Movement in Lifetime ECL that has Been Recognised for Trade Receivables in Accordance	The following table shows the movement in lifetime ECL that has been recognized for trade receivables in accordance with the simplified approach set out in IFRS 9. Collectively Individually Balance as at 31 March 2024 3,811,576 — Balance as at 31 March 2023 1,889,554 —

Other Current Financial Assets

Other Current Financial Assets (Tables)	12 Months Ended
	Mar. 31, 2024
Other Current Financial Assets [Abstract]
Schedule of Other Current Financial Assets	Other current financial assets consist of the following: As of As of (US$) (US$) Deposits $ 300 $ 305 Advances for network acquisition 3,861,945 2,203240 Loans and advances to related parties 17,539 35,598 Other loans and advances 343,173 290,433 $ 4,222,957 $ 2,529,576

Other Current Assets (Tables)

Other Current Assets (Tables)	12 Months Ended
	Mar. 31, 2024
Other Current Assets [Abstract]
Schedule of Other Current Assets	Other current assets consist of the following: As of As of (US$) (US$) Balances with government authorities $ 503,171 $ 507,696 Advance to suppliers 1,063,201 295,601 Advance to staff 3,380 2,972 TDS receivables 368,575 297,764 Advance payment of interest on loans — 194,445 Advance payment of commission on loans — 140,000 Other receivables – balance with director — 214,458 $ 1,938,327 $ 1,652,936

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Mar. 31, 2024
Property and Equipment [Abstract]
Schedule of Property and Equipment Consist	Property and equipment consist of the following: Description Rights of Building Plant and Furniture Vehicles Office Computer Total Capital Gross carrying value As at March 31, 2022 — — — — — — — — — Additions 461,420.00 — 2,326,888.00 11,802.00 24,396.00 796.00 26,856.00 2,852,158.00 — Acquisition through business combination 25,111.00 32,006.00 7,349,465.00 — 17,600.00 — 4,200.00 7,428,382.00 794,271.00 As at March 31, 2023 486,531.00 32,006.00 9,676,353.00 11,802.00 41,996.00 796.00 31,056.00 10,280,540.00 794,271.00 Additions 27,323.00 — 1,735,286.00 4,779.00 — — 342.00 1,767,730.00 — Adjustments 83,832.00 As at March 31, 2024 513,854.00 32,006.00 11,411,639.00 16,581.00 41,996.00 796.00 31,398.00 12,048,270.00 878,103.00 Accumulated depreciation and impairment loss As at March 31, 2022 — — — — — — — — Charge for the year 50,845.00 462.00 616,304.00 421.00 7,307.00 61.00 4,613.00 680,013.00 As at March 31, 2023 50,845.00 462.00 616,304.00 421.00 7,307.00 61.00 4,613.00 680,013.00 Charge for the year 108,997.00 450.00 787,148.00 1,487.00 5,167.00 158.00 7,264.00 910,671.00 As at March 31, 2024 159,842.00 912.00 1,403,452.00 1,908.00 12,474.00 219.00 11,877.00 1,590,684.00 — Net block as at March 31, 2023 435,686.00 31,544.00 9,060,049.00 11,381.00 34,689.00 735.00 26,443.00 9,600,527.00 794,271.00 Net block as at March 31, 2024 354,012.00 31,094.00 10,008,187.00 14,673.00 29,522.00 577.00 19,521.00 10,457,586.00 878,103.00

Intangible Assets and Goodwill

Intangible Assets and Goodwill (Tables)	12 Months Ended
	Mar. 31, 2024
Intangible Assets and Goodwill [Abstract]
Schedule of Intangible Assets and Goodwill	Intangible assets and Goodwill consist of the following: Description Pre-deal Acquisition Goodwill Commercial rights Software Total Intangible development Gross carrying value As at March 31, 2022 59,216,654 73,008 — 59,289,662 166,587 Additions — 4,464 Derecognized on ‘disposals of a subsidiary (68,500 ) — (68,500 ) Write off (59,216,654 ) (59,216,654 ) 160,000 Exchange differences 73,601 73,601 Acquisition through business combination 793,324 339,277 216 1,132,817 As at March 31, 2023 — 736,946 339,277 216 1,076,439 11,051 Write off — — (11,051 ) Exchange differences 10,231 10,231 — As at March 31, 2024 — 726,715 339,277 216 1,066,208 — Accumulated amortization As at March 31, 2022 24,030,158 — — 24,030,158 — Charge for the year — — 16,157 54 16,211 Write off (24,030,158 ) (24,030,158 ) As at March 31, 2023 — — 16,157 54 16,211 — Charge for the year — — 15,760 53 15,813 As at March 31, 2024 — — 31,917 107 32,024 — Net block as at March 31, 2023 — 736,946 323,120 162 1,060,228 11,051 Net block as at March 31, 2024 — 726,715 307,360 109 1,034,184 —

Other Non-Current Financial A_2

Other Non-Current Financial Assets (Tables)	12 Months Ended
	Mar. 31, 2024
Other Non-Current Financial Assets [Abstract]
Schedule of Other Non-Current Financial Assets	Other non -current As of As of (US$) (US$) Deposits $ 285,523 $ 275,049 $ 285,523 $ 275,049

Other Non-Current Assets (Table

Other Non-Current Assets (Tables)	12 Months Ended
	Mar. 31, 2024
Other Non-Current Assets [Abstract]
Schedule of Other Non-Current Assets	Other non -current As of As of (US$) (US$) Capital advances for property, plant and equipment $ 8,747,601 8,714,907

Borrowings (Current) (Tables)

Borrowings (Current) (Tables)	12 Months Ended
	Mar. 31, 2024
Borrowings (Current) [Abstract]
Schedule of Borrowings Consist	Borrowings consist of the following: As of As of (US$) (US$) Secured Borrowings Vehicle loan from financial institution $ 10,044 10,946 Term Loans from a Bank 227,983 — Unsecured Borrowings 0% Senior Convertible Notes — 3,333,333 Preferred convertible Security — — Loan from directors $ 1,457,840 $ 532,960 Loan from a related party $ 32,323 $ 1,304 Loan from others — 10,587 1,728,190 3,889,131
Schedule of Bank Term Loan	Security offered for the Bank term Loan is as under: Sr No. Type of Details 1 Primary Hypothecation of entire current assets of the borrower, both present and future 2 Collateral Equitable Mortgage of the following properties: 1. Open Land belonging to the Director of the Company 2. Residential property of the Company 3. Residential property belonging to the Director 3 Others Duly signed standing instruction form with one undated cheque with amount kept blank to be obtained, however “Not exceeding amount << Sanction Loan Amount>> to be written on cheque 4 Guarantor Personal Guarantee of the Director of the company

Borrowings (Non-Current) (Table

Borrowings (Non-Current) (Tables)	12 Months Ended
	Mar. 31, 2024
Borrowings (Non-Current) [Abstract]
Schedule of Borrowings Consist	Borrowings consist of the following: As of As of (US$) (US$) Secured Borrowings Vehicles Loans from Financial Institutions $ — 10,185 Term Loans from a Bank 769,795 —

Other Non-Current Financial L_2

Other Non-Current Financial Liabilities (Tables)	12 Months Ended
	Mar. 31, 2024
Other Non-Current Financial Liabilities [Abstract]
Schedule of Other Non-Current Financial Liabilities	Other non -current As of As of (US$) (US$) Other non-current liabilities Lease liabilities $ 241,951 $ 321,749 $ 241,951 $ 321,749

Trade payables (Tables)

Trade payables (Tables)	12 Months Ended
	Mar. 31, 2024
Trade payables [Abstract]
Schedule of Trade Payables	Trade payables consist of the following: As of As of (US$) (US$) Trade payables due to related parties $ 3,036,901 $ 2,716,238 Trade payables – others 5,345,807 4,038,790 Employee related payables 47,446 47,752 $ 8,430,154 $ 6,802,780

Other Financial Liabilities __2

Other Financial Liabilities — Current (Tables)	12 Months Ended
	Mar. 31, 2024
Other Financial Liabilities — Current [Abstract]
Schedule of Other Financial Liabilities - Current	Other financial liabilities — current consist of the following: As of As of (US$) (US$) Lease liabilities $ 135,478 $ 120,981 Liability under option agreement 94,118 — Share warrants liability — 1,585,025 Professional fees payable 14,059 9,054 $ 243,655 $ 1,715,060
Schedule of Warrant Liability was Measured Using a Black Scholes Model	The fair value of warrant liability was measured using a Black Scholes Model. The Warrants outstanding and fair value at each of the respective valuation dates are summarized below: Share Warrant Liability Warrants Fair Value Fair Value ($) ($) Fair value at initial measurement date Nov 9, 2022 1,754,386 0.62 1,607,791 (Gain) on remeasurement of warrant liability at fair value (22,766 ) Fair value as of March 31, 2023 1,754,386 0.53 1,585,025 Lapsed during the year (1,754,386 ) (1,585,025 ) Fair value as of March 31, 2024 — —
Schedule of Fair Value of Warrant Liability was Measured Using a Black Schole Model	The fair value of warrant liability was measured using a Black Schole Model. Significant inputs in to the model at the inceptions and reporting period measurement date are follows: BSM Assumptions As of As of Current Stock Price (1) 0.95 0.94 Strike Price (1) 0.95 0.94 Time to Maturity (1) 5 years 4.66 years Dividend Yield (2) — — Historical Volatility (3) 1.85 1.87 Risk Free interest Rate (4) 4.00 % 4.42 % (1) (2) (3) (4)

Employee Benefits Obligations (

Employee Benefits Obligations (Tables)	12 Months Ended
	Mar. 31, 2024
Employee Benefits Obligations [Abstract]
Schedule of Standalone Statement of Financial Position	The liabilities recognized in the standalone statement of financial position are: As at As at ( In USD) ( In USD) Funded Plans Net value of defined benefit obligations Current 209 212 Non current 102,322 72,456
Schedule of Movement in Defined Benefit Obligations	The movement in defined benefit obligations for funded and unfunded plans is as follows: Particluars Defined Fair As at April 1, 2022 44,776 — Included in profit and loss Service cost 27,550 Past service credit Interest cost (income) 3,057 75,383 — Included in OCI Actuarial gain/(loss) — Remeasurements Benefits paid Gain and loss on settlement Exchange difference (2,715 ) Employer’s contribution Benefits payment As at March 31, 2023 72,668 — Particluars Defined Fair As at April 1, 2023 72,668 — Included in profit and loss Service cost 27,550 Past service credit Interest cost (income) 3,057 103,275 — Included in OCI Actuarial gain/(loss) — Remeasurements Benefits paid Gain and loss on settlement Exchange difference (744 ) Employer’s contribution Benefits payment As at March 31, 2023 102,531 —
Schedule of Plan Assets	Plan assets comprise the following. Particulars As at As at Debt instruments – unquoted Cash and cash equivalents — — Investment property — — Fixed assets — — Other assets — — — —
Schedule of Actuarial Assumptions	The following were the principal actuarial assumptions at the reporting date (expressed as weighted averages). Particulars As at As at Discount rate 7.20 % 7.50 % Attrition rate 5.00 % 5.00 % Future salary growth rate 10.00 % 10.00 %
Schedule of Benefit Obligation	The current longevities underlying the values of the defined benefit obligation at the reporting date were as follows. Particulars As at As at Longetivity at age of 65 for current members aged above 45 Males 0.258 % – 2.406% 0.258 % – 2.406% Females 0.258 % – 2.406% 0.258 % – 2.406% Longetivity at age of 65 for current members aged above 45 or below Males 0.092 % – 0.168% 0.092 % – 0.168% Females 0.092 % – 0.168% 0.092 % – 0.168%
Schedule of Defined Benefit Obligation by the Amounts	Reasonably possible changes at the reporting date to one of the relevant actuarial assumptions, holding other assumptions constant, would have affected the defined benefit obligation by the amounts shown below. Particulars As at As at Discount rate (1% movement) 19,925 (18,925 ) Attrition rate (1% movement) 13,124 (12,324 ) Future salary growth rate (1% movement) (13,784 ) (15,884 )

Other Current Liabilities (Tabl

Other Current Liabilities (Tables)	12 Months Ended
	Mar. 31, 2024
Other Current Liabilities [Abstract]
Schedule of Other Current Liabilities	Other current liabilities consist of the following: As of As of (US$) (US$) GST and other tax liabilities $ 91,825 $ 73,248 Cheques receivables/payables (net) 2,008,696 1,437,245 Capital creditors 897,041 799,501 Advances from customers 415,463 142,196 $ 3,413,025 $ 2,452,190

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Mar. 31, 2024
Commitments and Contingencies [Abstract]
Schedule of Commitments and Contingencies	Commitments and contingencies consist of the following: As of As of (US$) (US$) Commitment for capital investment in Sri Sai $ 7,500,000 $ 7,500,000 Other capital commitment — 1,411,022 $ 7,500,000 $ 8,911,022

Equity (Tables)

Equity (Tables)	12 Months Ended
	Mar. 31, 2024
Equity [Abstract]
Schedule of Common Shares	Common shares: The total number of shares of common shares issued: As of As of (US$) (US$) Common shares – par value $ 0.01/0.10 each (Before stock split) 53,899,435 37,576,449 Common shares – par value $ 0.01/0.10 each, with employee incentive plan (Before Stock split) 93,679,260 37,576,449 Common shares – par value $ 0.01/0.10 each, net reverse stock split 1,827,524 626,275
Schedule of Movements in Common Shares	Movements in Common Shares: Shares Amount (US$) Balance as of March 31, 2022 $ 34,154,062 $ 341,541 Issued during the year 3,000,895 30,008 Share warrants exercised 421,492 4,215 Balance as of March 31, 2023 37,576,449 375,764 Additional issue of common shares 16,102,811 161,029 53,679,260 536,794 Additional stock issued for employee incentive plan 40,000,000 — Total issued common shares (Before reverse stock split) 93,679,260 536,794 Total issued common shares (After reverse stock split) (1) 1,607,349 536,794 Additional issue of common shares, after reverse stock split 220,175 2,202 Balance as of March 31, 2024 1,827,524 538,996 (1) -for-60 -for-60 -for-60 -split -split
Schedule of Issued Restricted Stock	On August 21, 2023, the Company has additionally issued restricted stock to the following persons: Name Nos. of Skyline Corporate Communications Group 10,527 Acorn Management Partners LLC 131,578 Rajeev Kheror, an independent director 150,000 Robert Damante, an independent director 150,000 Name Nos. of Skyline Corporate Communications Group 10,527 Acorn Management Partners LLC 131,578 Rajeev Kheror, an independent director 150,000 Robert Damante, an independent director 150,000
Schedule of Equity	Equity consists of the following as of 31 March 2024: As of ($US) Common stock – par value $0.01, 93,679,260 (after stock split 1,827,524) shares issued and outstanding $ 538,996 Net income available to common shareholders (9,951,285 ) Securities Premium 16,811,742 Translation of foreign subsidiaries, net of tax (154,156 ) Employee benefits reclassification (1,203 ) Lytus Trust – for employee incentive plan 5,720,000 Non-controlling interest 3,015,031 $ 15,979,125 As of ($US) Common stock – par value $0.01, 34,154,062 (after stock split 626,275) shares issued and outstanding $ 375,766 Net income available to common shareholders (4,518,954 ) Securities Premium 12,474,944 Translation of foreign subsidiaries, net of tax (124,992 ) Employee benefits reclassification (714 ) Non-controlling interest 2,538,478 $ 10,744,528
Schedule of Amounts Managed as Capital	The amounts managed as capital by the Group are summarized as follows: As of As of ($US) ($US) Non-current borrowings $ (1,011,746 ) $ (331,934 ) Current borrowings (1,728,190 ) $ (3,889,131 ) Cash and cash equivalents 246,377 311,810 Net debt $ 2,493,559 $ 3,909,255 Total equity $ 15,979,125 $ 10,744,528 Net debt to equity ratio 15.61 % 36.38 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Mar. 31, 2024
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	Earnings per share consist of the following for the year ended March March 31, March 31, ($US) ($US) (Loss)/Profit for the year available to common shareholders $ 287,669 $ (2,348,103 ) Weighted average number of common shares 967,510 613,481 Par value $ 0.01 $ 0.01 Earnings/(loss) per common share: Basic earnings/(loss) per common share $ 0.30 $ (3.83 ) Diluted earnings/(loss) per common share $ 0.30 $ (3.83 )

Financial Risk Management (Tabl

Financial Risk Management (Tables)	12 Months Ended
	Mar. 31, 2024
Financial Risk Management [Abstract]
Schedule of Expected Credit Loss	The Group provides for expected credit loss based on the following: Credit rating Basis of categorization Provision for expected credit loss Low credit risk Cash and cash equivalents, trade receivables, and other financial assets 12 Moderate credit risk Trade receivables and other financial assets Lifetime expected credit loss, or 12 High credit risk Trade receivables and other financial assets Lifetime expected credit loss, or fully provided for
Schedule of Profit and Loss and Other Comprehensive Income	Recoveries made are recognized in the consolidated statement of profit and loss and other comprehensive income. Credit rating Basis of As of As of Low credit risk Cash and cash equivalents $ 246,377.00 $ 311,810.00 Low credit risk Other financial assets $ 4,222,957.00 $ 2,529,576.00 Moderate credit risk Trade receivables $ 3,682,302.00 $ 1,831,724 Moderate credit risk Other receivables $ — $ —
Schedule of Loss Provisions are Disclosed Under Each Sub-Category of Such Financial Assets	The Group does not have any expected loss -based -category Asset class Estimated gross Expected Expected As of Cash and cash equivalents $ 246,377.00 0.00 % — $ 246,377.00 Other financial assets $ 4,222,957.00 0.00 % — $ 4,222,957.00 Asset class Estimated gross Expected Expected As of Cash and cash equivalents $ 311,810 0.00 % — $ 311,810 Other financial assets $ 2,529,576 0.00 % — $ 2,529,576
Schedule of Considered to Recognize Lifetime Expected Credit Losses on Trade Receivables	The Group recognizes lifetime expected credit losses on trade and other receivables using a simplified approach, wherein the Group has defined percentage of provision by analyzing historical trend of default relevant to each category of customer based on the criteria defined above and such provision percentage determined have been considered to recognize lifetime expected credit losses on trade receivables (other than those where default criteria are met). Ageing Not past 31 – 90 90 – 180 180 – 365 >365 Total Gross carrying amount 3,811,576.00 — — — — — Expected loss rate 0.00 % 0.00 % 0.04 % 6.61 % 50.00 % Estimated total gross carrying amount at default 2,821,141 335,357 276,851 138,164 240,063 3,811,576 Lifetime ECL — — 106.00 9,137.00 120,031.00 129,274 Ageing Not past 31 – 90 90 – 180 180 – 365 >365 Total Gross carrying amount 1,889,556 — — — — — Expected loss rate 0.00 % 0.00 % 0.03 % 5.82 % 50.00 % Estimated total gross carrying amount at default 1,259,489 239,522 220,966 59,573 110,006 1,889,556 Lifetime ECL 0.01 0.10 73.16 3,641.53 54,116.20 57,831
Schedule of Movement of Allowance for Trade Receivables	Movement of allowance for trade receivables (USD) As at March 31, 2022 Acquired in business combination 190,549.00 Gain recognised/(reversed) during the year (120,544.00 ) Exchange gain 12,174.00 Amounts written off As at March 31, 2023 57,831.00 Acquired in business combination — Gain recognised/(reversed) during the year 72,698.00 Exchange gain — Amounts written off As at March 31, 2024 (1,255.00 ) 129,274.00
Schedule of Group’s Financial Liabilities Based on their Contractual Maturities	The amounts disclosed in the table are the contractual undiscounted cash flows. Liability class Less than 1 – 2 years 2 – 3 years More than Total Borrowings $ 1,728,190 — — — $ 1,728,190 Trade payables 8,430,154 — — — 8,430,154 Other financial liabilities 243,655 — — — 243,655 Other current liabilities 3,413,025 3,413,025 Total $ 13,815,024 $ — $ — $ — $ 13,815,024 As at March 31, 2023 Liability class Less than 1 – 2 years 2 – 3 years More than Total Borrowings $ 3,889,131 — — — $ 3,889,131 Trade payables 6,802,780 — — — 6,802,780 Other financial liabilities 1,715,060 — — — 1,715,060 Other current liabilities 2,452,190 2,452,190 Customer Acquisition Payable — — — — — Total $ 14,859,161 $ — $ — $ — $ 14,859,161

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Mar. 31, 2024
Fair Value Measurements [Abstract]
Schedule of Carrying Amounts and Fair Values of Financial Instruments	The carrying amounts and fair values of financial instruments by class are as follows: As at March 31, 2024 Fair value Fair value (In USD) Financial Assets (i) Investments — (ii) Trade receivables 3,682,302.00 (iii) Others financial assets 4,222,957.00 Total 7,905,259.00 — — Financial Liabilities (i) Borrowings 2,497,985.00 (ii) Trade payables 8,430,154.00 (iii) Other financial liabilities 243,655.00 Total 8,673,809.00 — 2,497,985.00 As at March 31, 2023 Fair value Fair value (In USD) Financial Assets (i) Investments — (ii) Trade receivables 1,831,724 (iii) Others financial assets 2,529,576 Total 4,361,300 — — As at March 31, 2023 Fair value Fair value (In USD) Financial Liabilities (i) Borrowings 3,899,316 (ii) Trade payables 6,802,780 (iii) Other financial liabilities 1,715,060 Total 8,517,840 — 3,899,316
Schedule of Fair Value of Instruments Measured at Amortized Cost	Fair value of instruments measured at amortized cost Financial liabilities Carrying Fair value Borrowings $ 2,497,985.00 $ 2,497,985.00 Financial liabilities Carrying Fair value Borrowings $ 3,899,316.00 $ 3,899,316.00

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Mar. 31, 2024
Related Party Transactions [Abstract]
Schedule of Transactions with Subsidiaries and Key Management Personnel	Transactions with Subsidiaries and Key Management Personnel: Subsidiaries KMP Significant influenc Relatives of KMP S. No. Particulars March 31, March 31, March 31, March 31, March 31, March 31, March 31, March 31, 1 Transactions made during the year 2 Subscription income 107,322.00 3 STB Installation charges 61,628 125,071.00 4 Loan taken 3,853,017 * 1,850,313 311.00 124,918 5 Loan write back 10.00 6 Loan Repayment (912,506 ) (19,000.00 ) (93,704 ) 7 Commission expenses 1,047,025 696,746.00 8 Bandwidth charges 24,098 25,245.00 9 Sales/Purchase of materials 1,297 5,111.00 12 Remuneration 285,294 95,644.00 36,103 20,507.00 13 Rent paid/ provided 7,459 6,703.00 16 Interest on loans 212. 218.00 Issue of Shares 2,501,000 * Investment in CCD of Subsidiary 3,853,017 * 135,000 ** 17 Investments in shares of subsidiaries 2,501,000 * 18 Reimbursement of expenses 29,266 31,155.00 19 Loans and Advances given 3,853,017 * 135,000 ** 0 97,355.00 20 Loans and Advances received back (214,458 ) 1 Trade receivable 444,082 352,424.00 2 Trade payable 3,555.00 3,036,901 2,712,683.00 3 Outstanding loan payable 3,853,017 * 1,459,144 544,851.00 3,836,282 ** — 31,019 1,304 4 Outstanding loan receivable 3,853,017 * 3,988,017 ** 35,598.00 95,443.00 7 Outstanding receivable 214,458.00 1,354,871 1,083,034.00 9 IPO amount with Lytus Inc Receivable 118,728 * 10 IPO amount of Lytus BVI Payable 118,728 * 20,507.00 11 Options outstanding 94,118 * -company **

Modification of Earlier Arran_2

Modification of Earlier Arrangement and Acquisition of Sri Sai (Tables)	12 Months Ended
	Mar. 31, 2024
Modification of Earlier Arrangement and Acquisition of Sri Sai [Abstract]
Schedule of Applying the New Accounting Policy	Extract from Financial Statements As at Adjustments As at As at Assets items Non-current assets Intangible (Customer Acquisition, net of amortisation) 35,186,496 (35,186,496 ) — — Deferred tax assets* 537,915 (537,915 ) — — Current assets Other receivables 50,939,090 (50,939,090 ) — — Total of assets 86,663,501 (86,663,501 ) — — Liabilities Items Non-current liabilities Customer Acquisition List Payable, net of current portion (29,146,665 ) — — Less: Part Payment made towards Customer Acquisition during the year ended March 31, 2023 (395,209 ) — — Net of payments during the year ended March 31, 2023 (28,751,456 ) 28,751,456 — — Deferred tax liability* (2,297,717 ) 2,297,717 Current liabilities Other financial liabilities Interest on tax payable (845,792 ) 845,792 Other current liabilities: CSR expenses payable (206,619 ) — — Statutory liabilities* (7,790,691 ) 7,997,310 — — Customer acquisition payable (29,146,665 ) 29,146,665 Current tax liability (3,305,308 ) 3,305,308 Total of liabilities (72,344,247 ) 72,344,247 — — Net balances adjusted (14,319,254 ) — — Retained earnings (refer to Consolidated Statement of Changes in Equity) 12,148,403 (14,319,254 ) (2,170,851 ) 4,518,954 * These balances were as per standalone financial statements of Lytus India

Acquisition of Sri Sai Cable _2

Acquisition of Sri Sai Cable and Broadband Private Limited (Tables)	12 Months Ended
	Mar. 31, 2024
Acquisition of Sri Sai Cable and Broadband Private Limited [Abstract]
Schedule of the Purchase Costs Paid Under the Terms of the Executed Agreements	The purchase costs paid under the terms of the executed agreements. Calculation of Goodwill upon Acquisition (USD) Consideration transferred $ 2,500,000 Add: Non-controlling interest – 49% 1,768,961 Less: Sri Sai Net Assets 3,610,124 Goodwill $ 658,837
Schedule of Business Combination	With this acquisition, the Group expects to increase its market share in India in Media and Internet Services market. Details of the business combination are as follows: (In Us $) Amount settled in cash $ 2,500,000 Proportionate value of Non-controlling interest in Sri Sai 1,768,961 Total 4,268,961 Recognized amounts of identifiable net assets: Property and equipment 7,428,382 Intangible assets 339,493 Deposits 837,605 Non-current loans and advances 344,818 Trade and other receivables 2,260,797 Cash and cash equivalents 432,138 Deferred tax assets 1,283,882 Other current assets (295,216 ) Borrowings (11,788 ) Other liabilities (65,115 ) Trade and other payables (8,944,872 ) Net identifiable assets and liabilities 3,610,124 Goodwill $ 658,837
Schedule of Changes in Goodwill	This goodwill has been allocated to the Group’s wholesale segment and is not expected to be deductible for tax purposes. Changes in Goodwill (Gross Carrying Amount) (USD) Balance at 31 March 2022 $ — Acquired through business combination 658,837 Net exchange differences 73,945 Balance at 31 March 2023 $ 732,782 Acquired through business combination — Net exchange differences (10,174 ) Balance at 31 March 2024 $ 722,608

Deconsolidation of Subsidiary (

Deconsolidation of Subsidiary (Tables)	12 Months Ended
	Mar. 31, 2024
Deconsolidation of Subsidiary [Abstract]
Schedule of Loss Attributable to the Company on Deconsolidation of a Subsidiary	Presently, absent United States operations, the Company has agreed to not to acquire shares of Lytus Technologies Inc., however, it would continue to consolidate balances to the extent it relates to the transactions for or on behalf of the Company. Loss attributable to the Company on deconsolidation of a Subsidiary: For the Fair Value Consideration receivable/received — Less; Lytus BVI (Groups) share of net assets at disposal Lytus Inc. share capital at disposal 1,000 Add: Retained earnings at disposal date — Total of Net assets at disposal 1,000 Group Share – 100% 1,000 Less Goodwill at acquisition date — Total Loss on deconsolidation date (1,000 ) Loss attributable to the Company on deconsolidation of a Subsidiary: For the Fair Value Consideration receivable/received — Less; Lytus BVI (Groups) share of net assets at disposal GHSI share capital at disposal 162,000.00 Add: Retained earnings at disposal date 3,701.00 Total of Net assets at disposal 165,701.00 Group Share – 75% 124,276.00 Less Goodwill at acquisition date 68,500.00 Total Loss on deconsolidation date (192,776.00 )

Nature of Operations and Summ_3

Nature of Operations and Summary of Significant Accounting and Reporting Policies (Details) - USD ($)	1 Months Ended
	Mar. 31, 2020	Mar. 31, 2023	Feb. 27, 2023	Jan. 01, 2023	Apr. 01, 2022
Nature of Operations and Summary of Significant Accounting and Reporting Policies [Line Items]
Effective rate	20.56%
Applicable surcharge, percentage	12%
Education, percentage	4%
Deferred offering costs (in Dollars)		$ 34,165
Sri Sai cable and Broadband Private Limited [Member]
Nature of Operations and Summary of Significant Accounting and Reporting Policies [Line Items]
Shareholding percentage					51%
Equity interest, percentage				75%
Lytus Health [Member]
Nature of Operations and Summary of Significant Accounting and Reporting Policies [Line Items]
Equity interest, percentage		100%	100%
Number of shares acquired (in Shares)				1,000
Aggregate price (in Shares)				1,000
Aggregate price, per share (in Dollars per share)				$ 1

Nature of Operations and Summ_4

Nature of Operations and Summary of Significant Accounting and Reporting Policies (Details) - Schedule of Consolidated Financial Statements	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Lytus Technologies Private Limited [Member]
Schedule of Consolidated Financial Statements [Line Items]
Country of Incorporation	India
Shareholding and Voting Power	100%	100%
Sri Sai Cable and Broadband Private Limited [Member]
Schedule of Consolidated Financial Statements [Line Items]
Country of Incorporation	India
Shareholding and Voting Power	51%	51%
Global Health Sciences, Inc.[Member]
Schedule of Consolidated Financial Statements [Line Items]
Country of Incorporation	United States
Shareholding and Voting Power		100%

Nature of Operations and Summ_5

Nature of Operations and Summary of Significant Accounting and Reporting Policies (Details) - Schedule of Estimated Useful Lives of Property and Equipment for Current and Comparative Periods	12 Months Ended
	Mar. 31, 2024
Buildings [Member]
Schedule of Estimated Useful Lives of Property and Equipment for Current and Comparative Periods [Line Items]
Estimated useful lives	40 years
Property and equipment [Member] | Bottom of range [Member]
Schedule of Estimated Useful Lives of Property and Equipment for Current and Comparative Periods [Line Items]
Estimated useful lives	3 years
Property and equipment [Member] | Top of range [Member]
Schedule of Estimated Useful Lives of Property and Equipment for Current and Comparative Periods [Line Items]
Estimated useful lives	15 years
Fixtures and fittings [Member] | Bottom of range [Member]
Schedule of Estimated Useful Lives of Property and Equipment for Current and Comparative Periods [Line Items]
Estimated useful lives	5 years
Fixtures and fittings [Member] | Top of range [Member]
Schedule of Estimated Useful Lives of Property and Equipment for Current and Comparative Periods [Line Items]
Estimated useful lives	10 years
Office equipments [Member] | Bottom of range [Member]
Schedule of Estimated Useful Lives of Property and Equipment for Current and Comparative Periods [Line Items]
Estimated useful lives	5 years
Office equipments [Member] | Top of range [Member]
Schedule of Estimated Useful Lives of Property and Equipment for Current and Comparative Periods [Line Items]
Estimated useful lives	10 years
Plant and Machinery | Bottom of range [Member]
Schedule of Estimated Useful Lives of Property and Equipment for Current and Comparative Periods [Line Items]
Estimated useful lives	5 years
Plant and Machinery | Top of range [Member]
Schedule of Estimated Useful Lives of Property and Equipment for Current and Comparative Periods [Line Items]
Estimated useful lives	10 years

Nature of Operations and Summ_6

Nature of Operations and Summary of Significant Accounting and Reporting Policies (Details) - Schedule of Estimated Useful Lives by Major Class of Finite-Life Intangible Assets	12 Months Ended
	Mar. 31, 2024
Customers acquisition [Member]
Schedule of Estimated Useful Lives by Major Class of Finite-Life Intangible Assets [Line Items]
Estimated useful lives	5 years
Trademark/Copy rights [Member]
Schedule of Estimated Useful Lives by Major Class of Finite-Life Intangible Assets [Line Items]
Estimated useful lives	5 years
Computer Software [Member]
Schedule of Estimated Useful Lives by Major Class of Finite-Life Intangible Assets [Line Items]
Estimated useful lives	5 years
Commercial Rights [Member] | Bottom of range [member]
Schedule of Estimated Useful Lives by Major Class of Finite-Life Intangible Assets [Line Items]
Estimated useful lives	5 years
Commercial Rights [Member] | Top of range [member]
Schedule of Estimated Useful Lives by Major Class of Finite-Life Intangible Assets [Line Items]
Estimated useful lives	10 years

Revenue from Contract with Cu_3

Revenue from Contract with Customers (Details) - Schedule of Revenue from Contract with Customers - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Types of services:
Subscription Income	$ 14,955,197	$ 13,930,887
Carriage/Placement fees	5,410,248	3,406,204
Advertisement Income	556,582	1,413,553
Device activation fees	151,960	257,540
Fiber use revenue	289,788
Total Revenue from customers	21,363,775	19,008,184
Timing of revenue recognition
Product transferred at point in time
Services transferred over time	21,363,775	19,008,184
Total	$ 21,363,775	$ 19,008,184

Revenue from Contract with Cu_4

Revenue from Contract with Customers (Details) - Schedule of Information about Receivables, Contract Assets and Contract Liabilities - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Schedule of Information about Receivables, Contract Assets and Contract Liabilities [Abstract]
Receivables, which are included in ‘trade receivables, net	$ 3,682,302	$ 1,831,724

Other Income (Details)

Other Income (Details) - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Other Income [Abstract]
Fair value gain on warrant liability		$ 22,766
provision for liabilities no longer required written back	$ 1,585,730
Provision for staff costs and borrowings no longer required	$ 49,921	$ 360,878

Other Income (Details) - Schedu

Other Income (Details) - Schedule of Other Income - Other income [Member] - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Other Income [Line items]
Fair value gain on warrant liability		$ 22,766
Miscellaneous income	3,916	1,501
Liabilities no longer required written back	1,635,651	360,878
Total other income	$ 1,639,567	$ 385,145

Expenses (Details)

Expenses (Details) - USD ($)		12 Months Ended
	Apr. 11, 2023	Mar. 31, 2024	Mar. 31, 2023
Expenses [Abstract]
Cost of revenue		$ 16,762,580	$ 13,884,291
Employees service gratuity		5 years
Gratuity payable on retirement		15 days
Final damages of Skyline	$ 130,000
Final damages of legal and other incidental expenses	$ 260,000

Expenses (Details) - Schedule o

Expenses (Details) - Schedule of Expenses - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Expenses [Abstract]
Cost of revenue	$ 16,762,580	$ 13,884,291
Amortization of intangible assets	15,813	16,211
Depreciation	910,671	680,013
Legal and professional expenses	386,622	833,079
Staffing expense	844,098	633,979
Other operating expenses	2,643,948	2,267,265
Total expenses	$ 21,563,732	$ 18,314,838

Expenses (Details) - Schedule_2

Expenses (Details) - Schedule of Cost of Revenue Consists - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cost of revenue consists of:
Cost of materials consumed
Broadcaster/subscription Fees	15,454,840	12,715,217
Lease line/bandwidth charges	1,225,922	1,091,700
Carriage fees	1,658
Cable hardware & networking Exp.	78,157	28,129
Ham charges		3,156
Activation installation costs		37,217
Programming expenses	2,003	8,872
Cost of revenue	$ 16,762,580	$ 13,884,291

Expenses (Details) - Schedule_3

Expenses (Details) - Schedule of Legal and Professional Expenses - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Legal and professional expenses consist of:
Audit fees	$ 119,525	$ 144,747
Legal and professional fees	267,097	688,332
Total expenses	$ 386,622	$ 833,079

Expenses (Details) - Schedule_4

Expenses (Details) - Schedule of Staffing Expenses Consists - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Staffing Expenses Consists [Abstract]
Salaries, wages and bonus	$ 775,319	$ 555,591
Contribution to a gratuity fund	29,774	30,606
EPF, ESIC and labour welfare fund	19,719	34,738
Staff welfare expenses	19,286	13,044
Total expenses	$ 844,098	$ 633,979

Expenses (Details) - Schedule_5

Expenses (Details) - Schedule of Other Operating Expenses - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Other Operating Expenses [Abstract]
Electricity charges	$ 59,821	$ 59,036
Repair & maintenance expenses	179,592	129,987
Business promotion expenses	30,096	3,508
Operating lease rentals	17,579	15,327
Regulatory expenses	43,551	69,929
Conveyance & Traveling expenses	28,434	112,111
Security charges	12,653	5,150
Commission charges	1,621,014	1,465,012
Credit Loss allowances	72,698	(120,544)
Loss on disposal of a subsidiary	1,000	192,776
Other operating expenses	577,510	334,973
Total other expenses	$ 2,643,948	$ 2,267,265

Expenses (Details) - Schedule_6

Expenses (Details) - Schedule of Finance and Other Income - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Finance and Other Income [Abstract]
Interest on income tax refund		$ 19,123
Total		$ 19,123

Expenses (Details) - Schedule_7

Expenses (Details) - Schedule of Finance and Other Costs - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Finance and Other Costs [Abstract]
Interest on bank overdrafts, loans and other financial liabilities	$ 346,465	$ 328,449
Interest on lease liabilities	42,850	21,845
Commission and other borrowings	232,911	122,000
Collection charges	15,715	125,930
Foreign exchange losses on borrowings
Share warrant expenses		1,607,791
Other costs – interest on tax payables	1,016	4,389
Finance and other costs, Total	$ 638,957	$ 2,210,404

Expenses (Details) - Schedule_8

Expenses (Details) - Schedule of Borrowing Costs - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Borrowing Costs [Abstract]
Total borrowing costs	$ 638,957	$ 2,210,404
Less: amounts included in the cost of qualifying assets
Total	$ 638,957	$ 2,210,404

Income Tax (Details)

Income Tax (Details)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Tax [Abstract]
Deferred tax rate percent	25.17%	25.17%

Income Tax (Details) - Schedule

Income Tax (Details) - Schedule of Income Tax - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Income Tax [Abstract]
Current tax expenses	$ 119,238	$ 387,407
Deferred tax (benefit) / expense	28,241	135,640
Income tax expense	$ 147,479	$ 523,047

Income Tax (Details) - Schedu_2

Income Tax (Details) - Schedule of Consolidated Statement of Comprehensive Income - USD ($)	12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Deferred tax related to item charged directly to equity:
Net loss/(gain) on translations of foreign subsidiaries	$ (27,701)	$ (72,663)
Total	$ (27,701)	$ (72,663)

Income Tax (Details) - Schedu_3

Income Tax (Details) - Schedule of Other Comprehensive Income or Equity - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Other Comprehensive Income or Equity [Abstract]
Accounting profit before tax	$ 800,653	$ (1,112,790)
Less: Net profit/(loss) of the Lytus BVI and non-taxable loss/(profit) of GHSI	114,296	(3,134,953)
Net Accounting profit	686,357	2,022,163
At Indian statutory income tax rate of 25.17%	224,878	508,979
Accelerated tax depreciation	(131,667)	(139,328)
Others mainly timing differences	19,728	8,038
Exchange differences	6,299	(9,718)
Current income tax expense reported on consolidated statements of profit or loss and other comprehensive income	$ 119,238	$ 387,407

Income Tax (Details) - Schedu_4

Income Tax (Details) - Schedule of Other Comprehensive Income or Equity (Parentheticals)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Other Comprehensive Income or Equity [Abstract]
Income tax rate	25.17%	25.17%

Income Tax (Details) - Schedu_5

Income Tax (Details) - Schedule of Financial Statement - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Financial Statement [Abstract]
Opening balance	$ 399,174	$ 3,305,308
Acquired in business combination		121,319
Current income tax accrual	119,238	387,407
Adjustment on account of modification		(3,399,850)
Exchange rate difference	(3,565)	(15,010)
Taxes paid/adjustments	(354,581)
Closing balance of current income taxes payables	$ 160,266	$ 399,174

Income Tax (Details) - Schedu_6

Income Tax (Details) - Schedule of Deferred Tax - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Deferred Tax [Abstract]
Temporary timing differences	$ 70,463	$ (22,878)
Accelerated depreciation on tangible and intangible assets	498,112	1,625,271
Foreign currency translations of foreign subsidiary		126,624
Acquired in business combination		295,177
Total deferred tax assets	70,463	103,746
Temporary differences		9,929
On translations of foreign subsidiary operations	3,381	72,663
Reversed in deconsolidation/Modification of contracts		(1,533,644)
Exchange rate difference		(8,963)
Total deferred tax liabilities	494,731	478,359
Deferred tax liabilities
Temporary timing differences	70,463	(22,878)
Accelerated depreciation on tangible and intangible assets	498,112	1,625,271
Foreign currency translations of foreign subsidiary		126,624
Acquired in business combination		295,177
Total deferred tax assets	70,463	103,746
Temporary differences		9,929
On translations of foreign subsidiary operations	3,381	72,663
Reversed in deconsolidation/Modification of contracts		(1,533,644)
Exchange rate difference		(8,963)
Total deferred tax liabilities	$ 494,731	$ 478,359

Income Tax (Details) - Schedu_7

Income Tax (Details) - Schedule of Reconciliation of Deferred Tax (Liabilities)/Asset Net - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Reconciliation of Deferred Tax Liabilities Asset Net [Abstract]
Opening balance	$ (374,613)	$ (1,407,020)
Tax expense during the period recognised in profit & loss	(131,677)	(135,640)
Exchange rate difference	(6,134)	(37,613)
Tax expenses during the period recognised in other comprehensive income	39,771	(72,663)
Temporary timing differences	31,066	(9,929)
Reversed on deconsolidation of a subsidiary	(146,715)	(1,510,767)
Acquired in business combination		(295,177)
Total deferred tax (liabilities)/assets net	$ (424,268)	$ (374,613)

Trade Receivables, Net (Details

Trade Receivables, Net (Details)	12 Months Ended
	Mar. 31, 2024
Trade Receivables [Line Items]
Average credit period	30 days
Percentage of loss allowance	50%
Receivables over past due	365 days

Trade Receivables, Net (Detai_2

Trade Receivables, Net (Details) - Schedule of Trade Receivables, Net - Trade receivables [member] - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Schedule of Trade Receivables, Net [Line Items]
Receivable from related parties	$ 444,082	$ 352,424
Receivable from others	3,367,494	1,537,132
Less: allowance for doubtful debts (expected credit loss)	(129,274)	(57,832)
Total receivables	$ 3,682,302	$ 1,831,724

Trade Receivables, Net (Detai_3

Trade Receivables, Net (Details) - Schedule of Risk Profile of Trade Receivables Based on the Group’s Provision Matrix - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Schedule of Risk Profile of Trade Receivables Based on the Group’s Provision Matrix [Line Items]
Gross carrying amount	$ 3,811,576	$ 1,889,556
Estimated total gross carrying amount at default	3,811,576	1,889,556
Lifetime ECL	129,274	57,832
Not past due &30 [Member]
Schedule of Risk Profile of Trade Receivables Based on the Group’s Provision Matrix [Line Items]
Gross carrying amount	$ 2,821,141	$ 1,259,489
Expected loss rate	0%	0%
Estimated total gross carrying amount at default	$ 2,821,141	$ 1,259,489
Lifetime ECL
31 - 90 [Member]
Schedule of Risk Profile of Trade Receivables Based on the Group’s Provision Matrix [Line Items]
Gross carrying amount	$ 335,357	$ 239,522
Expected loss rate	0%	0%
Estimated total gross carrying amount at default	$ 335,357	$ 239,522
Lifetime ECL
90 - 180 [Member]
Schedule of Risk Profile of Trade Receivables Based on the Group’s Provision Matrix [Line Items]
Gross carrying amount	$ 276,851	$ 220,966
Expected loss rate	0.04%	0.03%
Estimated total gross carrying amount at default	$ 276,851	$ 220,966
Lifetime ECL	106	73
180 - 365 [Member]
Schedule of Risk Profile of Trade Receivables Based on the Group’s Provision Matrix [Line Items]
Gross carrying amount	$ 138,164	$ 59,573
Expected loss rate	6.61%	5.82%
Estimated total gross carrying amount at default	$ 138,164	$ 59,573
Lifetime ECL	9,137	3,642
>365 [Member]
Schedule of Risk Profile of Trade Receivables Based on the Group’s Provision Matrix [Line Items]
Gross carrying amount	$ 240,063	$ 110,006
Expected loss rate	50%	50%
Estimated total gross carrying amount at default	$ 240,063	$ 110,006
Lifetime ECL	$ 120,031	$ 54,117

Trade Receivables, Net (Detai_4

Trade Receivables, Net (Details) - Schedule of Movement in Lifetime ECL that has Been Recognised for Trade Receivables in Accordance - shares	Mar. 31, 2024	Mar. 31, 2023
Schedule of Movement in Lifetime ECL that has Been Recognised for Trade Receivables in Accordance [Abstract]
Collectively assessed	3,811,576	1,889,554
Individually assessed

Other Current Financial Asset_2

Other Current Financial Assets (Details) - Schedule of Other Current Financial Assets - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Schedule of Other Current Financial Assets [Abstract]
Deposits	$ 300	$ 305
Advances for network acquisition	3,861,945	2,203,240
Loans and advances to related parties	17,539	35,598
Other loans and advances	343,173	290,433
Total	$ 4,222,957	$ 2,529,576

Other Current Assets (Details)

Other Current Assets (Details) - Schedule of Other Current Assets - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Schedule of Other Current Assets [Abstract]
Balances with government authorities	$ 503,171	$ 507,696
Advance to suppliers	1,063,201	295,601
Advance to staff	3,380	2,972
TDS receivables	368,575	297,764
Advance payment of interest on loans		194,445
Advance payment of commission on loans		140,000
Other receivables – balance with director		214,458
Total	$ 1,938,327	$ 1,652,936

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Property and Equipment [Abstract]
Vehicle charges	$ 41,996	$ 32,006

Property and Equipment (Detai_2

Property and Equipment (Details) - Schedule of Property and Equipment Consist - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Property and Equipment Consist [Line Items]
Opening balance	$ 10,280,540
Additions	1,767,730	2,852,158
Acquisition through business combination		7,428,382
Ending balance	12,048,270	10,280,540
Opening balance	680,013
Charge for the year	910,671	680,013
Ending balance	1,590,684	680,013
Net block	10,457,586	9,600,527
Rights of use of assets - office premises [Member]
Schedule of Property and Equipment Consist [Line Items]
Opening balance	486,531
Additions	27,323	461,420
Acquisition through business combination		25,111
Ending balance	513,854	486,531
Opening balance	50,845
Charge for the year	108,997	50,845
Ending balance	159,842	50,845
Net block	354,012	435,686
Building [Member]
Schedule of Property and Equipment Consist [Line Items]
Opening balance	32,006
Additions
Acquisition through business combination		32,006
Ending balance	32,006	32,006
Opening balance	462
Charge for the year	450	462
Ending balance	912	462
Net block	31,094	31,544
Plant and equipment [Member]
Schedule of Property and Equipment Consist [Line Items]
Opening balance	9,676,353
Additions	1,735,286	2,326,888
Acquisition through business combination		7,349,465
Ending balance	11,411,639	9,676,353
Opening balance	616,304
Charge for the year	787,148	616,304
Ending balance	1,403,452	616,304
Net block	10,008,187	9,060,049
Furniture and fittings [Member]
Schedule of Property and Equipment Consist [Line Items]
Opening balance	11,802
Additions	4,779	11,802
Acquisition through business combination
Ending balance	16,581	11,802
Opening balance	421
Charge for the year	1,487	421
Ending balance	1,908	421
Net block	14,673	11,381
Vehicles [Member]
Schedule of Property and Equipment Consist [Line Items]
Opening balance	41,996
Additions		24,396
Acquisition through business combination		17,600
Ending balance	41,996	41,996
Opening balance	7,307
Charge for the year	5,167	7,307
Ending balance	12,474	7,307
Net block	29,522	34,689
Office equipment [Member]
Schedule of Property and Equipment Consist [Line Items]
Opening balance	796
Additions		796
Acquisition through business combination
Ending balance	796	796
Opening balance	61
Charge for the year	158	61
Ending balance	219	61
Net block	577	735
Computer equipment [Member]
Schedule of Property and Equipment Consist [Line Items]
Opening balance	31,056
Additions	342	26,856
Acquisition through business combination		4,200
Ending balance	31,398	31,056
Opening balance	4,613
Charge for the year	7,264	4,613
Ending balance	11,877	4,613
Net block	19,521	26,443
Capital work in progress [Member]
Schedule of Property and Equipment Consist [Line Items]
Opening balance	794,271
Additions
Adjustments	83,832
Acquisition through business combination		794,271
Ending balance	878,103	794,271
Ending balance
Net block	$ 878,103	$ 794,271

Intangible Assets and Goodwil_2

Intangible Assets and Goodwill (Details) - Schedule of Intangible Assets and Goodwill - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Gross carrying value
Gross carrying value at beginning	$ 1,076,439	$ 59,289,662
Gross carrying value, Additions
Gross carrying value, Derecognised on ‘Disposals of a subsidary		(68,500)
Gross carrying value, Write off		(59,216,654)
Gross carrying value, Exchange differences	10,231	73,601
Gross carrying value, Acquisation through business combination		1,132,817
Gross carrying value at ending	1,066,208	1,076,439
Accumulated amortization
Accumulated amortisation at beginning	16,211	24,030,158
Accumulated amortisation, Charge for the year	15,813	16,211
Accumulated amortisation, Write off		(24,030,158)
Accumulated amortisation at ending	32,024	16,211
Net block	1,034,184	1,060,228
Pre-deal Customers Acquisition [Member]
Gross carrying value
Gross carrying value at beginning		59,216,654
Gross carrying value, Write off		(59,216,654)
Gross carrying value at ending
Accumulated amortization
Accumulated amortisation at beginning		24,030,158
Accumulated amortisation, Charge for the year
Accumulated amortisation, Write off		(24,030,158)
Accumulated amortisation at ending
Net block
Goodwill [Member]
Gross carrying value
Gross carrying value at beginning	736,946	73,008
Gross carrying value, Derecognised on ‘Disposals of a subsidary		(68,500)
Gross carrying value, Exchange differences	10,231	73,601
Gross carrying value, Acquisation through business combination		793,324
Gross carrying value at ending	726,715	736,946
Accumulated amortization
Accumulated amortisation at beginning
Accumulated amortisation, Charge for the year
Accumulated amortisation at ending
Net block	726,715	736,946
Software [Member]
Gross carrying value
Gross carrying value at beginning	216
Gross carrying value, Derecognised on ‘Disposals of a subsidary
Gross carrying value, Acquisation through business combination		216
Gross carrying value at ending	216	216
Accumulated amortization
Accumulated amortisation at beginning	54
Accumulated amortisation, Charge for the year	53	54
Accumulated amortisation at ending	107	54
Net block	109	162
Intangible Asset under Development [Member]
Gross carrying value
Gross carrying value at beginning	11,051	166,587
Gross carrying value, Additions		4,464
Gross carrying value, Write off	(11,051)	160,000
Gross carrying value, Exchange differences
Gross carrying value at ending		11,051
Accumulated amortization
Accumulated amortisation at beginning
Accumulated amortisation at ending
Net block		11,051
Commercial rRghts [Member]
Gross carrying value
Gross carrying value at beginning	339,277
Gross carrying value, Acquisation through business combination		339,277
Gross carrying value at ending	339,277	339,277
Accumulated amortization
Accumulated amortisation at beginning	16,157
Accumulated amortisation, Charge for the year	15,760	16,157
Accumulated amortisation at ending	31,917	16,157
Net block	$ 307,360	$ 323,120

Other Non-Current Financial A_3

Other Non-Current Financial Assets (Details) - Schedule of Other Non-Current Financial Assets - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Schedule of Other Non-Current Financial Asset [Abstract]
Deposits	$ 285,523	$ 275,049
Other non-current financial asset	$ 285,523	$ 275,049

Other Non-Current Assets (Detai

Other Non-Current Assets (Details) - Schedule of Other Non-Current Assets - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Schedule of Other Non-Current Assets [Abstract]
Capital advances for property, plant and equipment	$ 8,747,601	$ 8,714,907

Borrowings (Current) (Details)

Borrowings (Current) (Details) - USD ($)		12 Months Ended
	Aug. 31, 2023	Mar. 31, 2024	Nov. 09, 2022
Borrowings (Current) [Abstract]
Percentage of unsecured convertible notes		0%
Principal amount	$ 1,004,705		$ 3,333,333.33
Converted common shares		261,012
Issuance of convertible notes		$ 3,333,333.33
Preferred stock price per share	$ 0.01
Common stock price per shares	0.01
Conversion price per share	$ 0.4
Borrowings interest rate	85%	8.50%
Conversion floor price per share	$ 0.0787
Preferred Shares	220,175
Senior secured promissory note percentage		7%
Secured promissory notes		$ 1,000,000
Issue discount percent		7%
Warrant exercisable		500,000
Warrant term		3 years
Strike price		$ 10

Borrowings (Current) (Details)

Borrowings (Current) (Details) - Schedule of Borrowings Consist - USD ($)	12 Months Ended
	Mar. 31, 2023	Mar. 31, 2024
Secured Borrowings
Vehicle loan from financial institution	$ 10,946	$ 10,044
Term Loans from a Bank		227,983
Unsecured Borrowings
0% Senior Convertible Notes	3,333,333
Preferred convertible Security
Loan from directors	532,960	1,457,840
Loan from a related party	1,304	32,323
Loan from others	10,587
Total borrowings	$ 3,889,131	$ 1,728,190

Borrowings (Current) (Details_2

Borrowings (Current) (Details) - Schedule of Borrowings Consist (Parentheticals)	Mar. 31, 2024
Schedule of Borrowings Consist [Line Items]
Senior Convertible Debt	0%

Borrowings (Current) (Details_3

Borrowings (Current) (Details) - Schedule of Bank Term Loan	12 Months Ended
	Mar. 31, 2024
Primary [Member]
Schedule of Bank Term Loan [Line Items]
Security offered for the bank term loan details	Hypothecation of entire current assets of the borrower, both present and future
Collateral [Member]
Schedule of Bank Term Loan [Line Items]
Security offered for the bank term loan details	Equitable Mortgage of the following properties:
Collateral One [Member]
Schedule of Bank Term Loan [Line Items]
Security offered for the bank term loan details	1. Open Land belonging to the Director of the Company
Collateral Two [Member]
Schedule of Bank Term Loan [Line Items]
Security offered for the bank term loan details	2. Residential property of the Company
Collateral Three [Member]
Schedule of Bank Term Loan [Line Items]
Security offered for the bank term loan details	3. Residential property belonging to the Director
Others [Member]
Schedule of Bank Term Loan [Line Items]
Security offered for the bank term loan details	Duly signed standing instruction form with one undated cheque with amount kept blank to be obtained, however “Not exceeding amount << Sanction Loan Amount>> to be written on cheque
Guarantor [Member]
Schedule of Bank Term Loan [Line Items]
Security offered for the bank term loan details	Personal Guarantee of the Director of the company

Borrowings (Non-Current) (Detai

Borrowings (Non-Current) (Details) - Schedule of Borrowings Consist - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Secured Borrowings
Vehicles Loans from Financial Institutions	$ 1,728,190	$ 3,889,131
Term Loans from a Bank	769,795	10,185
Secured Borrowings [Member]
Secured Borrowings
Vehicles Loans from Financial Institutions		$ 10,185

Other Non-Current Financial L_3

Other Non-Current Financial Liabilities (Details) - Schedule of Other Non-Current Financial Liabilities - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Other non-current liabilities
Lease liabilities	$ 241,951	$ 321,749
Total	$ 241,951	$ 321,749

Trade payables (Details) - Sche

Trade payables (Details) - Schedule of Trade Payables - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Schedule of Trade Payables [Abstract]
Trade payables due to related parties	$ 3,036,901	$ 2,716,238
Trade payables – others	5,345,807	4,038,790
Employee related payables	47,446	47,752
Total	$ 8,430,154	$ 6,802,780

Other Financial Liabilities __3

Other Financial Liabilities — Current (Details) - USD ($)		12 Months Ended
	Nov. 09, 2022	Mar. 31, 2024	Mar. 31, 2023
Other Financial Liabilities — Current [Abstract]
Investor purchased	$ 3,333,333.33
Purchase aggregate shares (in Shares)		1,754,386
Exercise price (in Dollars per share)		$ 0.957
Warrant liability (in Shares)			22,766
Lease payments		$ 17,579	$ 15,327

Other Financial Liabilities __4

Other Financial Liabilities — Current (Details) - Schedule of Other Financial Liabilities - Current - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Schedule of Other Financial Liabilities [Abstract]
Lease liabilities	$ 135,478	$ 120,981
Liability under option agreement	94,118
Share warrants liability		1,585,025
Professional fees payable	14,059	9,054
Total	$ 243,655	$ 1,715,060

Other Financial Liabilities __5

Other Financial Liabilities — Current (Details) - Schedule of Warrant Liability was Measured Using a Black Scholes Model - Black Scholes Model [Member] - Warrant Liability [Member]	12 Months Ended
	Mar. 31, 2024 USD ($) $ / shares	Mar. 31, 2023 USD ($) $ / shares
Schedule of Warrant Liability was Measured Using a Black Scholes Model [Line Items]
Fair value, Warrants Outstanding	1,754,386	1,754,386
Fair Value per shares (in Dollars per share) | $ / shares	$ 0.53	$ 0.62
Fair value	$ 1,585,025	$ 1,607,791
Lapsed during the year, Warrants Outstanding	(1,754,386)
Lapsed during the year, Fair Value	$ (1,585,025)
Fair Value, (Gain) on remeasurement of warrant liability at fair value		$ (22,766)
Fair value, Warrants Outstanding		1,754,386
Fair Value per shares (in Dollars per share) | $ / shares		$ 0.53
Fair value		$ 1,585,025

Other Financial Liabilities __6

Other Financial Liabilities — Current (Details) - Schedule of Fair Value of Warrant Liability was Measured Using a Black Schole Model - Black Scholes Model [Member]		Mar. 31, 2023	Nov. 09, 2022
Current Stock Price [Member]
Schedule of Fair Value of Warrant Liability was Measured Using a Black Schole Model [Line Items]
Warrants Liability Measurements Inputs	[1]	0.94	0.95
Strike Price [Member]
Schedule of Fair Value of Warrant Liability was Measured Using a Black Schole Model [Line Items]
Warrants Liability Measurements Inputs	[1]	0.94	0.95
Time to Maturity [Member]
Schedule of Fair Value of Warrant Liability was Measured Using a Black Schole Model [Line Items]
Warrants Liability Measurements Inputs	[1]
Dividend Yield [Member]
Schedule of Fair Value of Warrant Liability was Measured Using a Black Schole Model [Line Items]
Warrants Liability Measurements Inputs	[2]
Historical Volatility [Member]
Schedule of Fair Value of Warrant Liability was Measured Using a Black Schole Model [Line Items]
Warrants Liability Measurements Inputs	[3]	1.87	1.85
Risk Free interest Rate [Member]
Schedule of Fair Value of Warrant Liability was Measured Using a Black Schole Model [Line Items]
Warrants Liability Measurements Inputs	[4]	4.42	4
[1]Based on the agreement dated July 1, 2021[2]No dividend is declared or paid since inception of the Company[3]Based on the Volatility research carried out[4]Based on Interest rate for US treasury bonds

Employee Benefits Obligations_2

Employee Benefits Obligations (Details)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Employee Benefits Obligations [Abstract]
Gratuity payable description	The Company provides for gratuity for employees in India as per the Payment of Gratuity Act, 1972. Employees who are in continuous service for a period of 5 years are eligible for gratuity. The amount of gratuity payable on retirement/termination is the employees last drawn basic salary per month computed proportionately for 15 days salary multiplied for the number of years of service.
Weighted average duration of defined benefit obligation	14 years	14 years

Employee Benefits Obligations_3

Employee Benefits Obligations (Details) - Schedule of Standalone Statement of Financial Position - Funded Plans [Member] - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Funded Plans
Current	$ 209	$ 212
Non current	$ 102,322	$ 72,456

Employee Benefits Obligations_4

Employee Benefits Obligations (Details) - Schedule of Movement in Defined Benefit Obligations - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Included in OCI
Actuarial gain/(loss)
Exchange difference	(744)
Balance at ending	102,531
Fair value of plant assets [Member]
Schedule of Movement in Defined Benefit Obligations [Line Items]
Balance at beginning
Included in profit and loss
Total profit and loss
Included in OCI
Balance at ending
Defined benefit obligation [Member]
Schedule of Movement in Defined Benefit Obligations [Line Items]
Balance at beginning	72,668	44,776
Included in profit and loss
Service cost	27,550	27,550
Interest cost (income)	3,057	3,057
Total profit and loss	$ 103,275	75,383
Included in OCI
Actuarial gain/(loss)
Exchange difference		(2,715)
Balance at ending		$ 72,668

Employee Benefits Obligations_5

Employee Benefits Obligations (Details) - Schedule of Plan Assets - Plan assets [Member] - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Schedule of Plan Assets [Line Items]
Cash and cash equivalents
Investment property
Fixed assets
Other assets
Total

Employee Benefits Obligations_6

Employee Benefits Obligations (Details) - Schedule of Actuarial Assumptions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Actuarial Assumptions [Abstract]
Discount rate	7.20%	7.50%
Attrition rate	5%	5%
Future salary growth rate	10%	10%

Employee Benefits Obligations_7

Employee Benefits Obligations (Details) - Schedule of Benefit Obligation	Mar. 31, 2024	Mar. 31, 2023
Males [Member] | Bottom of range [member] | Longetivity at age of 65 for current members aged above 45 [Member]
Schedule of Benefit Obligation [Line Items]
Employee longevity percentage	0.258%	0.258%
Males [Member] | Bottom of range [member] | Longetivity at age of 65 for current members aged above 45 or below [Member]
Schedule of Benefit Obligation [Line Items]
Employee longevity percentage	0.092%	0.092%
Males [Member] | Top of range [member] | Longetivity at age of 65 for current members aged above 45 [Member]
Schedule of Benefit Obligation [Line Items]
Employee longevity percentage	2.406%	2.406%
Males [Member] | Top of range [member] | Longetivity at age of 65 for current members aged above 45 or below [Member]
Schedule of Benefit Obligation [Line Items]
Employee longevity percentage	0.168%	0.168%
Females [Member] | Bottom of range [member] | Longetivity at age of 65 for current members aged above 45 [Member]
Schedule of Benefit Obligation [Line Items]
Employee longevity percentage	0.258%	0.258%
Females [Member] | Bottom of range [member] | Longetivity at age of 65 for current members aged above 45 or below [Member]
Schedule of Benefit Obligation [Line Items]
Employee longevity percentage	0.092%	0.092%
Females [Member] | Top of range [member] | Longetivity at age of 65 for current members aged above 45 [Member]
Schedule of Benefit Obligation [Line Items]
Employee longevity percentage	2.406%	2.406%
Females [Member] | Top of range [member] | Longetivity at age of 65 for current members aged above 45 or below [Member]
Schedule of Benefit Obligation [Line Items]
Employee longevity percentage	0.168%	0.168%

Employee Benefits Obligations_8

Employee Benefits Obligations (Details) - Schedule of Defined Benefit Obligation by the Amounts - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Discount rate (1% movement) [Member]
Schedule of Defined Benefit Obligation by the Amounts [Line Items]
Defined benefit obligation	$ 19,925	$ (18,925)
Attrition rate (1% movement) [Member]
Schedule of Defined Benefit Obligation by the Amounts [Line Items]
Defined benefit obligation	13,124	(12,324)
Future salary growth rate (1% movement) [Member]
Schedule of Defined Benefit Obligation by the Amounts [Line Items]
Defined benefit obligation	$ (13,784)	$ (15,884)

Other Current Liabilities (Det

Other Current Liabilities (Details) - Schedule of Other Current Liabilities - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Schedule of Other Current Liabilities [Abstract]
GST and other tax liabilities	$ 91,825	$ 73,248
Cheques receivables/payables (net)	2,008,696	1,437,245
Capital creditors	897,041	799,501
Advances from customers	415,463	142,196
Other current liabilities	$ 3,413,025	$ 2,452,190

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($) $ in Millions		12 Months Ended
	Jul. 31, 2024	Mar. 31, 2024	Mar. 07, 2023
Commitments and Contingencies [Line Items]
Contingent consideration			$ 2.5
Uncommitted acquisition costs		$ 1
Sri Sai [Member]
Commitments and Contingencies [Line Items]
Acquired percentage		51%
Contingent consideration		$ 2.5
Capital investment		$ 7.5
Event After Reporting Period [Member]
Commitments and Contingencies [Line Items]
Capital investment	$ 6
Event After Reporting Period [Member] | Sri Sai [Member]
Commitments and Contingencies [Line Items]
Capital investment	$ 2

Commitments and Contingencies_3

Commitments and Contingencies (Details) - Schedule of Commitments and Contingencies - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Schedule of Commitments and Contingencies Consist [Abstract]
Commitment for capital investment in Sri Sai	$ 7,500,000	$ 7,500,000
Other capital commitment		1,411,022
Total	$ 7,500,000	$ 8,911,022

Equity (Details)

Equity (Details) - USD ($)						12 Months Ended
	Nov. 22, 2024	Jun. 03, 2024	Feb. 05, 2024	Aug. 31, 2023	Jun. 17, 2022	Mar. 31, 2024	Mar. 31, 2023
Equity [Line Items]
Ordinary shares, par value (in Dollars per share)			$ 0.01
Stock holders equity note stock split						ratio of 1-for-60 so that every 60 shares issued is combined to 1 share
Issued ordinary shares to DTC			46,040			46,040
Aggregating to ordinary shares			1,607,349
Bid price per share (in Dollars per share)						$ 1
Share issued for employee incentive plan	40,000,000
Ordinary shares sold (in Dollars)						$ 1,000	$ 162,000
Conversion price per share (in Dollars per share)				$ 0.4
Conversion price percentage				85%
Conversion floor price (in Dollars)				$ 0.0787
Converted common shares						220,175
Nonadjusting Events After Reporting Period [Member]
Equity [Line Items]
Principal amount of unsecured senior (in Dollars)		$ 3,888,889
Aggregate purchase price agreement (in Dollars)		$ 3,500,000
Warrants purchase share		830,957
Initial price per share (in Dollars per share)		$ 3.51
Commitment common shares		50,000
Share issued for employee incentive plan	40,000,000
Common shares [Member]
Equity [Line Items]
Issuance of ordinary shares						46,040
Price per share (in Dollars per share)				$ 0.01
Maximum [Member]
Equity [Line Items]
Ordinary shares reduced shares			93,679,260
Minimum [Member]
Equity [Line Items]
Ordinary shares reduced shares			1,561,309
Depository Trust Company [Member]
Equity [Line Items]
Issued ordinary shares to DTC			46,040
First Tranche [Member] | Nonadjusting Events After Reporting Period [Member]
Equity [Line Items]
Warrants purchase share						305,080
Common shares issued						51,045
First Tranche [Member] | Mast Hill [Member]
Equity [Line Items]
Senior secured promissory note of principal amount (in Dollars)		$ 1,427,778				$ 1,427,778
First Tranche [Member] | Mast Hill [Member] | Nonadjusting Events After Reporting Period [Member]
Equity [Line Items]
Commitment common shares						18,357
First Tranche [Member] | FirstFire [Member]
Equity [Line Items]
Senior secured promissory note of principal amount (in Dollars)		$ 238,888.88				$ 238,888.88
First Tranche [Member] | FirstFire [Member] | Nonadjusting Events After Reporting Period [Member]
Equity [Line Items]
Commitment common shares						3,071
Second and Third Tranche [Member] | Nonadjusting Events After Reporting Period [Member]
Equity [Line Items]
Principal amount of unsecured senior (in Dollars)						$ 951,851.84
Aggregate purchase price agreement (in Dollars)						$ 159,259.26
Warrants purchase share						203,387
Common shares issued						34,029
Second and Third Tranche [Member] | Mast Hill [Member] | Nonadjusting Events After Reporting Period [Member]
Equity [Line Items]
Commitment common shares						12,238
Second and Third Tranche [Member] | FirstFire [Member] | Nonadjusting Events After Reporting Period [Member]
Equity [Line Items]
Commitment common shares						2,048
September 2023 Purchases Agreement [Member]
Equity [Line Items]
Ordinary shares sold (in Dollars)				$ 1,004,705
September 2023 Purchases Agreement [Member] | Series A Convertible Preferred Shares [Member]
Equity [Line Items]
Price per share (in Dollars per share)				$ 0.01
Initial Public Offering [Member]
Equity [Line Items]
Price per share (in Dollars per share)					$ 4.75
Gross proceeds (in Dollars)					$ 12,400,000
Public offering shares					2,609,474
Overallotment [Member]
Equity [Line Items]
Price per share (in Dollars per share)					$ 4.75
Gross proceeds (in Dollars)					$ 1,860,000
Public offering shares					391,421

Equity (Details) - Schedule of

Equity (Details) - Schedule of Common Shares - Common Shares [Member] - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Schedule of Common Shares [Line Items]
Common shares – par value $ 0.01/0.10 each (Before stock split)	$ 53,899,435	$ 37,576,449
Common shares – par value $ 0.01/0.10 each, with employee incentive plan (Before Stock split)	93,679,260	37,576,449
Common shares – par value $ 0.01/0.10 each, net reverse stock split	$ 1,827,524	$ 626,275

Equity (Details) - Schedule o_2

Equity (Details) - Schedule of Common Shares (Parentheticals) - Common Shares [Member] - $ / shares	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Common Shares [Line Items]
Common shares par value	$ 0.01	$ 0.1
Common shares par value employee incentive plan (Before Stock split)	0.01	0.1
Common shares par value net reverse stock split	$ 0.01	$ 0.1

Equity (Details) - Schedule o_3

Equity (Details) - Schedule of Movements in Common Shares - USD ($)		12 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Schedule of Movements in Common Shares [Abstract]
Balance at beginning, Share		37,576,449	34,154,062
Balance at beginning, Amount		$ 375,764	$ 341,541
Share warrants exercised, Share			421,492
Share warrants exercised, Amount			$ 4,215
Balance at ending, Share		1,827,524	37,576,449
Balance at ending, Amount		$ 538,996	$ 375,764
Additional issue of common shares		16,102,811
Additional issue of common shares, Amount		$ 161,029
Total common shares		53,679,260
Total common shares, Amount		$ 536,794
Additional stock issued for employee incentive plan, Share		40,000,000
Additional stock issued for employee incentive plan, Amount
Total issued common shares (Before reverse stock split), Share		93,679,260
Total issued common shares (Before reverse stock split), Amount		$ 536,794
Total issued common shares (After reverse stock split), Share	[1]	1,607,349
Total issued common shares (After reverse stock split), Amount	[1]	$ 536,794
Additional issue of common shares, after reverse stock split, Share		220,175
Additional issue of common shares, after reverse stock split, Amount		$ 2,202
Issued during the year, Share			3,000,895
Issued during the year, Amount			$ 30,008
[1]On February 5, 2024, the Company has announced a reverse stock split of its issued and outstanding ordinary shares, par value $0.01 per share at a ratio of 1 -for-60 -for-60 -for-60 -split -split

Equity (Details) - Schedule o_4

Equity (Details) - Schedule of Issued Restricted Stock	Aug. 21, 2023 shares
Movements in Common Shares [Member] | Skyline Corporate Communications Group [Member]
Schedule of Issued Restricted Stock [Line Items]
Issued restricted stock	10,527
Movements in Common Shares [Member] | Acorn Management Partners LLC [Member]
Schedule of Issued Restricted Stock [Line Items]
Issued restricted stock	131,578
Movements in Common Shares [Member] | Rajeev Kheror, an independent director [Member]
Schedule of Issued Restricted Stock [Line Items]
Issued restricted stock	150,000
Movements in Common Shares [Member] | Robert Damante, an independent director [Member]
Schedule of Issued Restricted Stock [Line Items]
Issued restricted stock	150,000
Capital Risk Management [Member] | Skyline Corporate Communications Group [Member]
Schedule of Issued Restricted Stock [Line Items]
Issued restricted stock	10,527
Capital Risk Management [Member] | Acorn Management Partners LLC [Member]
Schedule of Issued Restricted Stock [Line Items]
Issued restricted stock	131,578
Capital Risk Management [Member] | Rajeev Kheror, an independent director [Member]
Schedule of Issued Restricted Stock [Line Items]
Issued restricted stock	150,000
Capital Risk Management [Member] | Robert Damante, an independent director [Member]
Schedule of Issued Restricted Stock [Line Items]
Issued restricted stock	150,000

Equity (Details) - Schedule o_5

Equity (Details) - Schedule of Equity - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Equity [Line Items]
Common stock value	$ 538,996	$ 375,766
Net income available to common shareholders	(9,951,285)	(4,518,954)
Securities Premium	16,811,742	12,474,944
Translation of foreign subsidiaries, net of tax	(154,156)	(124,992)
Employee benefits reclassification	(1,203)	(714)
Lytus Trust – for employee incentive plan	5,720,000
Non-controlling interest	3,015,031	2,538,478
Total	$ 15,979,125	$ 10,744,528

Equity (Details) - Schedule o_6

Equity (Details) - Schedule of Equity (Parentheticals) - Ordinary shares [Member] - $ / shares	Mar. 31, 2024	Aug. 31, 2023	Mar. 31, 2023
Schedule of Equity [Line Items]
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01	$ 0.01
Common stock, shares issued	93,679,260		34,154,062
Common stock, shares outstanding	93,679,260		34,154,062

Equity (Details) - Schedule o_7

Equity (Details) - Schedule of Amounts Managed as Capital - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Amounts Managed as Capital [Abstract]
Non-current borrowings	$ (1,011,746)	$ (331,934)
Current borrowings	(1,728,190)	(3,889,131)
Cash and cash equivalents	246,377	311,810
Net debt	2,493,559	3,909,255
Total equity	$ 15,979,125	$ 10,744,528
Net debt to equity ratio	15.61%	36.38%

Earnings Per Share (Details) -

Earnings Per Share (Details) - Schedule of Earnings Per Share - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Earnings Per Share [Abstract]
(Loss)/Profit for the year available to common shareholders (in Dollars)	$ 287,669	$ (2,348,103)
Weighted average number of common shares (in Shares)	967,510	613,481
Par value	$ 0.01	$ 0.01
Earnings/(loss) per common share:
Basic earnings/(loss) per common share	0.3	(3.83)
Diluted earnings/(loss) per common share	$ 0.3	$ (3.83)

Financial Risk Management (Deta

Financial Risk Management (Details)	12 Months Ended
	Mar. 31, 2024
Financial Risk Management [Abstract]
Senior convertible notes, percentage	0%

Financial Risk Management (De_2

Financial Risk Management (Details) - Schedule of Expected Credit Loss	12 Months Ended
	Mar. 31, 2024
Low credit risk [Member]
Schedule of Expected Credit Loss [Line Items]
Basis of categorization	Cash and cash equivalents, trade receivables, and other financial assets
Provision for expected credit loss	12 month expected credit loss
Moderate credit risk [Member]
Schedule of Expected Credit Loss [Line Items]
Basis of categorization	Trade receivables and other financial assets
Provision for expected credit loss	Lifetime expected credit loss, or 12 month expected credit loss
High credit risk [Member]
Schedule of Expected Credit Loss [Line Items]
Basis of categorization	Trade receivables and other financial assets
Provision for expected credit loss	Lifetime expected credit loss, or fully provided for

Financial Risk Management (De_3

Financial Risk Management (Details) - Schedule of Profit and Loss and Other Comprehensive Income - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Low credit risk [Member]
Schedule of Profit and Loss and Other Comprehensive Income [Line Items]
Cash and cash equivalents	$ 246,377	$ 311,810
Other financial assets	4,222,957	2,529,576
Moderate credit risk [Member]
Schedule of Profit and Loss and Other Comprehensive Income [Line Items]
Trade receivables	3,682,302	1,831,724
Other receivables

Financial Risk Management (De_4

Financial Risk Management (Details) - Schedule of Loss Provisions are Disclosed Under Each Sub-Category of Such Financial Assets - Financial Assets [Member] - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Loss Provisions are Disclosed Under Each Sub-Category of Such Financial Assets [Line Items]
Estimated gross carrying amount at default cash and cash equivalents	$ 246,377	$ 311,810
Expected probability of default cash and cash equivalents	0%	0%
Expected credit losses cash and cash equivalents
Cash and cash equivalents	246,377	311,810
Estimated gross carrying amount at default other financial assets	$ 4,222,957	$ 2,529,576
Expected probability of default other financial assets	0%	0%
Expected credit losses other financial assets
Other financial assets	$ 4,222,957	$ 2,529,576

Financial Risk Management (De_5

Financial Risk Management (Details) - Schedule of Considered to Recognize Lifetime Expected Credit Losses on Trade Receivables - Asset Class [Member] - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Considered to Recognize Lifetime Expected Credit Losses on Trade Receivables [Line Items]
Gross carrying amount
Estimated total gross carrying amount at default	3,811,576	1,889,556
Lifetime ECL	129,274	57,831
Not past due &30 [Member]
Schedule of Considered to Recognize Lifetime Expected Credit Losses on Trade Receivables [Line Items]
Gross carrying amount	$ 3,811,576	$ 1,889,556
Expected loss rate	0%	0%
Estimated total gross carrying amount at default	$ 2,821,141	$ 1,259,489
Lifetime ECL		0.01
31 – 90 [Member]
Schedule of Considered to Recognize Lifetime Expected Credit Losses on Trade Receivables [Line Items]
Gross carrying amount
Expected loss rate	0%	0%
Estimated total gross carrying amount at default	$ 335,357	$ 239,522
Lifetime ECL		0.1
90 – 180 [Member]
Schedule of Considered to Recognize Lifetime Expected Credit Losses on Trade Receivables [Line Items]
Gross carrying amount
Expected loss rate	0.04%	0.03%
Estimated total gross carrying amount at default	$ 276,851	$ 220,966
Lifetime ECL	106	73.16
180 – 365 [Member]
Schedule of Considered to Recognize Lifetime Expected Credit Losses on Trade Receivables [Line Items]
Gross carrying amount
Expected loss rate	6.61%	5.82%
Estimated total gross carrying amount at default	$ 138,164	$ 59,573
Lifetime ECL	9,137	3,641.53
>365 [Member]
Schedule of Considered to Recognize Lifetime Expected Credit Losses on Trade Receivables [Line Items]
Gross carrying amount
Expected loss rate	50%	50%
Estimated total gross carrying amount at default	$ 240,063	$ 110,006
Lifetime ECL	$ 120,031	$ 54,116.2

Financial Risk Management (De_6

Financial Risk Management (Details) - Schedule of Movement of Allowance for Trade Receivables - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Movement of Allowance for Trade Receivables [Abstract]
Acquired in business combination		$ 190,549
Gain recognised/(reversed) during the year	72,698	(120,544)
Exchange gain		12,174
Ending	(1,255)	$ 57,831
Allowance for trade receivables	$ 129,274

Financial Risk Management (De_7

Financial Risk Management (Details) - Schedule of Group’s Financial Liabilities Based on their Contractual Maturities - Financial Liabilities [Member] - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Schedule of Group’s Financial Liabilities Based on their Contractual Maturities [Line Items]
Borrowings	$ 1,728,190	$ 3,889,131
Trade payables	8,430,154	6,802,780
Other financial liabilities	243,655	1,715,060
Other current liabilities	3,413,025	2,452,190
Customer Acquisition Payable
Total	13,815,024	14,859,161
Less than 1 year [Member]
Schedule of Group’s Financial Liabilities Based on their Contractual Maturities [Line Items]
Borrowings	1,728,190	3,889,131
Trade payables	8,430,154	6,802,780
Other financial liabilities	243,655	1,715,060
Other current liabilities	3,413,025	2,452,190
Customer Acquisition Payable
Total	13,815,024	14,859,161
1 – 2 years [Member]
Schedule of Group’s Financial Liabilities Based on their Contractual Maturities [Line Items]
Borrowings
Trade payables
Other financial liabilities
Customer Acquisition Payable
Total
2 – 3 years [Member]
Schedule of Group’s Financial Liabilities Based on their Contractual Maturities [Line Items]
Borrowings
Trade payables
Other financial liabilities
Customer Acquisition Payable
Total
More than 3 years [Member]
Schedule of Group’s Financial Liabilities Based on their Contractual Maturities [Line Items]
Borrowings
Trade payables
Other financial liabilities
Customer Acquisition Payable
Total

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Schedule of Carrying Amounts and Fair Values of Financial Instruments - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Fair value through profit & loss [Member]
Financial Assets
Investments
Trade receivables	3,682,302	1,831,724
Others financial assets	4,222,957	2,529,576
Total	7,905,259	4,361,300
Financial Liabilities
Trade payables	8,430,154	6,802,780
Other financial liabilities	243,655	1,715,060
Total	8,673,809	8,517,840
Fair value through other comprehensive income [Member]
Financial Assets
Total
Financial Liabilities
Total
Amortised cost [Member]
Financial Assets
Total
Financial Liabilities
Borrowings	2,497,985	3,899,316
Total	$ 2,497,985	$ 3,899,316

Fair Value Measurements (Deta_2

Fair Value Measurements (Details) - Schedule of Fair Value of Instruments Measured at Amortized Cost - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Carrying value [Member]
Schedule of Fair Value of Instruments Measured at Amortized Cost [Line Items]
Borrowings	$ 2,497,985	$ 3,899,316
Fair value [Member]
Schedule of Fair Value of Instruments Measured at Amortized Cost [Line Items]
Borrowings	$ 2,497,985	$ 3,899,316

Related Party Transactions (Det

Related Party Transactions (Details) - Schedule of Transactions with Subsidiaries and Key Management Personnel - USD ($)		12 Months Ended
		Mar. 31, 2024		Mar. 31, 2023
Significant influenc Entity-KMP [Member]
Schedule of Transactions with Subsidiaries and Key Management Personnel [Line Items]
Subscription income				$ 107,322
STB Installation charges		$ 61,628		125,071
Commission expenses		1,047,025		696,746
Bandwidth charges		24,098		25,245
Sales/Purchase of materials		1,297		5,111
Interest on loans		212		218
Investment in CCD of Subsidiary	[1]	135,000
Loans and Advances given	[1]	135,000
Trade receivable		444,082		352,424
Trade payable		3,036,901		2,712,683
Outstanding loan payable		3,836,282	[1]
Outstanding loan receivable		3,988,017	[1]	35,598
Outstanding receivable		1,354,871		1,083,034
Subsidiaries [Member]
Schedule of Transactions with Subsidiaries and Key Management Personnel [Line Items]
Loan taken	[2]			3,853,017
Issue of Shares	[2]			2,501,000
Investment in CCD of Subsidiary	[2]			3,853,017
Investments in shares of subsidiaries	[2]			2,501,000
Loans and Advances given	[2]			3,853,017
Outstanding loan payable	[2]			3,853,017
Outstanding loan receivable	[2]			3,853,017
IPO amount with Lytus Inc Receivable	[2]			118,728
IPO amount of Lytus BVI Payable	[2]			118,728
KMP [Member]
Schedule of Transactions with Subsidiaries and Key Management Personnel [Line Items]
Loan taken		1,850,313		311
Loan write back				10
Loan Repayment		(912,506)		(19,000)
Remuneration		285,294		95,644
Rent paid/ provided		7,459
Reimbursement of expenses		29,266		31,155
Loans and Advances received back		(214,458)
Trade payable				3,555
Outstanding loan payable		1,459,144		544,851
Outstanding receivable				214,458
Relatives of KMP [Member]
Schedule of Transactions with Subsidiaries and Key Management Personnel [Line Items]
Loan taken		124,918
Loan Repayment		(93,704)
Remuneration		36,103		20,507
Rent paid/ provided				6,703
Loans and Advances given		0		97,355
Outstanding loan payable		31,019		1,304
Outstanding loan receivable				95,443
IPO amount of Lytus BVI Payable				$ 20,507
Options outstanding		$ 94,118
[1]Transactions eliminated as per Option agreements in respect to the subscription of Compulsorily Convertible Debentures issued by Lytus India[2]Transactions in consolidated financials eliminated as inter -company

Segment Information (Details)

Segment Information (Details)	12 Months Ended
	Mar. 31, 2024
Segment Information [Line Items]
Number of segments	1
Cable Services and Telemedicine Services [Member]
Segment Information [Line Items]
Number of segments	1

Modification of Earlier Arran_3

Modification of Earlier Arrangement and Acquisition of Sri Sai (Details) - USD ($) $ in Millions					12 Months Ended
	Mar. 27, 2023	Mar. 07, 2023	Jul. 27, 2022	Dec. 06, 2019	Mar. 31, 2024
Modification of Earlier Arrangement and Acquisition of Sri Sai [Line Items]
Business acquisition percentage					51%
Consideration amount				$ 59
Infrastructure assets			$ 18
Optimum level charge			4
Investment additional amount			22
Commitment investment		$ 7.5	$ 59
Partner acquisition					$ 2.5
Additional commitment investment					7.5
Acquisition percentage		49%
Consideration additional amount		$ 2.5
Reserved equity shares percentage		2%
Acquired amounts					1
Commitment liability pay					$ 58.3
Purchase equity percentage					100%
Foreign investment percentage					49%
Sri Sai Ltd [Member]
Modification of Earlier Arrangement and Acquisition of Sri Sai [Line Items]
Acquisition percentage		51%
Acquired amounts					$ 1
Commitment liability pay					$ 7.5
Acquired percentage	51%

Modification of Earlier Arran_4

Modification of Earlier Arrangement and Acquisition of Sri Sai (Details) - Schedule of Applying the New Accounting Policy - USD ($)		Mar. 31, 2023	Apr. 01, 2022
Non-current assets
Intangible (Customer Acquisition, net of amortisation)
Deferred tax assets	[1]
Other receivables
Total of assets
Liabilities Items
Customer Acquisition List Payable, net of current portion
Less: Part Payment made towards Customer Acquisition during the year ended March 31, 2023
Net of payments during the year ended March 31, 2023
Other financial liabilities
CSR expenses payable
Statutory liabilities	[1]
Total of liabilities
Net balances adjusted
Retained earnings (refer to Consolidated Statement of Changes in Equity)		$ 4,518,954
Pre-adjustment [Member]
Non-current assets
Intangible (Customer Acquisition, net of amortisation)			$ 35,186,496
Deferred tax assets	[1]		537,915
Other receivables			50,939,090
Total of assets			86,663,501
Liabilities Items
Customer Acquisition List Payable, net of current portion			(29,146,665)
Less: Part Payment made towards Customer Acquisition during the year ended March 31, 2023			(395,209)
Net of payments during the year ended March 31, 2023			(28,751,456)
Deferred tax liability	[1]		(2,297,717)
Other financial liabilities
Interest on tax payable			(845,792)
CSR expenses payable			(206,619)
Statutory liabilities	[1]		(7,790,691)
Customer acquisition payable			(29,146,665)
Current tax liability			(3,305,308)
Total of liabilities			(72,344,247)
Retained earnings (refer to Consolidated Statement of Changes in Equity)			12,148,403
Adjustments [Member]
Non-current assets
Intangible (Customer Acquisition, net of amortisation)			(35,186,496)
Deferred tax assets	[1]		(537,915)
Other receivables			(50,939,090)
Total of assets			(86,663,501)
Liabilities Items
Net of payments during the year ended March 31, 2023			28,751,456
Deferred tax liability	[1]		2,297,717
Other financial liabilities
Interest on tax payable			845,792
Statutory liabilities	[1]		7,997,310
Customer acquisition payable			29,146,665
Current tax liability			3,305,308
Total of liabilities			72,344,247
Net balances adjusted			(14,319,254)
Retained earnings (refer to Consolidated Statement of Changes in Equity)			(14,319,254)
Post-adjustment [Member]
Non-current assets
Intangible (Customer Acquisition, net of amortisation)
Deferred tax assets	[1]
Other receivables
Total of assets
Liabilities Items
Customer Acquisition List Payable, net of current portion
Less: Part Payment made towards Customer Acquisition during the year ended March 31, 2023
Net of payments during the year ended March 31, 2023
Other financial liabilities
CSR expenses payable
Statutory liabilities	[1]
Total of liabilities
Net balances adjusted
Retained earnings (refer to Consolidated Statement of Changes in Equity)			$ (2,170,851)
[1] These balances were as per standalone financial statements of Lytus India

Acquisition of Sri Sai Cable _3

Acquisition of Sri Sai Cable and Broadband Private Limited (Details) - USD ($)		12 Months Ended
	Mar. 07, 2023	Mar. 31, 2024	Mar. 31, 2023
Acquisition of Sri Sai Cable and Broadband Private Limited [Line Items]
Consideration amount	$ 2,500,000
Additional commitment invest	$ 7,500,000
Revenues		$ 21,363,772	$ 19,008,182
Profit		745,955	$ 1,453,631
Capital investment		$ 7,500,000
Sri Sai cable and Broadband Private Limited [Member]
Acquisition of Sri Sai Cable and Broadband Private Limited [Line Items]
Acquired percentage	51%	51%
Mr. Nimish Pandya [Member]
Acquisition of Sri Sai Cable and Broadband Private Limited [Line Items]
Acquired percentage	49%
Equity shares percentage	2%

Acquisition of Sri Sai Cable _4

Acquisition of Sri Sai Cable and Broadband Private Limited (Details) - Schedule of the Purchase Costs Paid Under the Terms of the Executed Agreements - Goodwill upon Acquisition [Member]	Mar. 31, 2024 USD ($)
Schedule of the Purchase Costs Paid Under the Terms of the Executed Agreements [Line Items]
Consideration transferred	$ 2,500,000
Add: Non-controlling interest – 49%	1,768,961
Less: Sri Sai Net Assets	3,610,124
Goodwill	$ 658,837

Acquisition of Sri Sai Cable _5

Acquisition of Sri Sai Cable and Broadband Private Limited (Details) - Schedule of the Purchase Costs Paid Under the Terms of the Executed Agreements (Parentheticals)	12 Months Ended
	Mar. 31, 2024
Goodwill upon Acquisition [Member]
Schedule of the Purchase Costs Paid Under the Terms of the Executed Agreements [Line Items]
Non-controlling interest	49%

Acquisition of Sri Sai Cable _6

Acquisition of Sri Sai Cable and Broadband Private Limited (Details) - Schedule of Business Combination - Mar. 31, 2024 - Total for all Business Combinations [Member]	USD ($)	INR (₨)
Schedule of Business combination [Line Items]
Amount settled in cash | $	$ 2,500,000
Proportionate value of Non-controlling interest in Sri Sai | $	1,768,961
Total | $	4,268,961
Recognized amounts of identifiable net assets:
Property and equipment		₨ 7,428,382
Intangible assets		339,493
Deposits		837,605
Non-current loans and advances		344,818
Trade and other receivables		2,260,797
Cash and cash equivalents		432,138
Deferred tax assets		1,283,882
Other current assets		(295,216)
Borrowings		(11,788)
Other liabilities		(65,115)
Trade and other payables		₨ (8,944,872)
Net identifiable assets and liabilities | $	3,610,124
Goodwill | $	$ 658,837

Acquisition of Sri Sai Cable _7

Acquisition of Sri Sai Cable and Broadband Private Limited (Details) - Schedule of Changes in Goodwill - Gross Carrying Amount [Member] - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Changes in Goodwill [Line Items]
Balance at beginning	$ 732,782
Acquired through business combination		658,837
Net exchange differences	(10,174)	73,945
Balance at ending	$ 722,608	$ 732,782

Deconsolidation of Subsidiary_2

Deconsolidation of Subsidiary (Details)	Mar. 31, 2024 USD ($)
GHSI [Member]
Deconsolidation of Subsidiary [Line Items]
Liability payable	$ 730,000

Deconsolidation of Subsidiary_3

Deconsolidation of Subsidiary (Details) - Schedule of Loss Attributable to the Company on Deconsolidation of a Subsidiary - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Loss Attributable to the Company on Deconsolidation of a Subsidiary [Abstract]
Fair Value Consideration receivable/received
Share capital at disposal	1,000	162,000
Add: Retained earnings at disposal date		3,701
Total of Net assets at disposal	1,000	165,701
Group Share	1,000	124,276
Less Goodwill at acquisition date		68,500
Total Loss on deconsolidation date	$ (1,000)	$ (192,776)

Deconsolidation of Subsidiary_4

Deconsolidation of Subsidiary (Details) - Schedule of Loss Attributable to the Company on Deconsolidation of a Subsidiary (Parentheticals)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Schedule of Loss Attributable to the Company on Deconsolidation of a Subsidiary [Abstract]
Group Share	100%	75%

Series A Preferred Convertibl_2

Series A Preferred Convertible Security (Details) - USD ($)	Jun. 03, 2024	Sep. 30, 2023	Aug. 31, 2023	Nov. 09, 2022	Mar. 31, 2024	Mar. 31, 2023
Series A Preferred Covertible Security [Line Items]
Purchased principal amount (in Dollars)	$ 3,888,889		$ 1,004,705	$ 3,333,333.33
Discount rate			85%
Preferred alternate conversion price percentage			85%
Share reserved (in Shares)				20,911,474
Preference shares [member]
Series A Preferred Covertible Security [Line Items]
Convertible preferred shares, par value			$ 0.01
Alternate conversion price			0.0787
Initial exercise price			850
Purchase aggregate of preferred shares (in Dollars)		$ 8,235
Ordinary shares [Member]
Series A Preferred Covertible Security [Line Items]
Convertible preferred shares, par value			0.01		$ 0.01	$ 0.01
Purchase of aggregate shares (in Shares)		3,182,250
Initial exercise price		$ 0.44
Warrant Conversion [Member]
Series A Preferred Covertible Security [Line Items]
Convertible preferred shares, par value			$ 0.4
Share reserved (in Shares)				1,754,386
Common Share Conversion [Member]
Series A Preferred Covertible Security [Line Items]
Share reserved (in Shares)				19,157,088

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)						12 Months Ended
	Jul. 30, 2024	Jun. 03, 2024	Jun. 03, 2024	Aug. 31, 2023	Nov. 09, 2022	Mar. 31, 2024
Subsequent Events [Line Items]
Purchased principal amount			$ 3,888,889	$ 1,004,705	$ 3,333,333.33
Aggregate purchase price			$ 3,500,000
Initial price per share (in Dollars per share)			$ 3.51
Common stock shares (in Shares)			50,000			51,045
Shares issued (in Shares)						18,357
Principal amount						$ 951,851.84
Average percentage						150%
Exercise price (in Dollars per share)						$ 2.93
Equity Line of Credit [Member]
Subsequent Events [Line Items]
Purchased principal amount						$ 30,000,000
Purchase of common shares (in Shares)						51,195
Par value (in Dollars per share)						$ 0.01
Subsequent Events [Member]
Subsequent Events [Line Items]
Expansion	$ 2,000,000
Total capital	6,000,000
Development stage	$ 7,500,000
Bottom of range [member]
Subsequent Events [Line Items]
Minimum amount						$ 50,000
Top of range [member]
Subsequent Events [Line Items]
Maximum amount						$ 1,000,000
Mast Hill [Member]
Subsequent Events [Line Items]
Common stock shares (in Shares)						12,238
FirstFire [Member]
Subsequent Events [Line Items]
Common stock shares (in Shares)						2,048
Senior Secured Promissory Note [Member]
Subsequent Events [Line Items]
Purchase of common shares (in Shares)						203,387
Common stock shares (in Shares)						34,029
Principal amount						$ 159,259.26
First Tranche [Member] | Mast Hill [Member]
Subsequent Events [Line Items]
Senior secured promissory note of principal amount		$ 1,427,778				1,427,778
First Tranche [Member] | FirstFire [Member]
Subsequent Events [Line Items]
Senior secured promissory note of principal amount		$ 238,888.88				$ 238,888.88
Warrants [member]
Subsequent Events [Line Items]
Purchase of common shares (in Shares)			830,957			305,080
Shares issued (in Shares)						3,071