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Deferred Revenue
 12 Months Ended
Mar. 31, 2023
Deferred Revenue  
Deferred Revenue

35 Deferred Revenue

   

   March 31, 
   2022   2023 
Global Distribution System provider   244,101    38,417 
Loyalty program   4,076    7,304 
Total   248,177    45,721 
Non-current   64,965    - 
Current   183,212    45,721 
Total   248,177    45,721 

 

“Global Distribution System providers” represents the amount received upfront by the group as a part of commercial arrangement with the Global Distribution System (“GDS”) providers for facilitating the booking of airline tickets on our websites or other distribution channels. The same is recognized as revenue for actual airline tickets sold over the total number of airline tickets to be sold as per the term of the agreement, in both cases sold on such GDS platforms, and the balance amount is recognized as deferred revenue.

 

   March 31, 
   2022   2023 
At April 1   387,049    248,177 
Deferred during the year   -    - 
Recorded in statement of profit or loss   (138,872)   (202,456)
Transferred to other financial liability (deposits)   -    - 
At March 31   248,177    45,721