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Net Loss Per Share | 9 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2023 | Mar. 31, 2023
Earnings Per Share [Abstract] |  |
Net Loss Per Share | 24. Net loss per share Basic net loss per share attributable to ordinary shareholders is computed by dividing the net loss by the number of weighted-average outstanding Ordinary Shares. Diluted net loss per share attributable to ordinary shareholders is determined by giving effect to all potential common equivalents during the reporting period, unless including them yields an antidilutive result. The Company considers its preferred stocks, convertible notes and share warrants as potential common equivalents, but excluded them from the computation of diluted net loss per share attributable to ordinary shareholders in the periods presented, as their effect was antidilutive. The following table sets forth the computation of basic net loss per share attributable to ordinary shareholders and preferred stock holders:
Particulars |  | For the three months ended December 31, 2023 |  |  | For the three months ended December 31, 2022 |  |  | For the nine months ended December 31, 2023 |  |  | For the nine months ended December 31, 2022 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  |  | (30,569,619 | ) |  |  | 477,429 |  |  |  | (65,690,663 | ) |  |  | (9,529,872 | )
Less: dividend attributable to preferred stockholders for the current year |  |  | — |  |  |  | 27,742 |  |  |  | — |  |  |  | 53,956 |
Net loss attributable to Roadzen Inc. ordinary shareholders |  |  | (30,569,619 | ) |  |  | 449,687 |  |  |  | (65,690,663 | ) |  |  | (9,583,828 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares used in computing net loss per share attributable to Roadzen Inc. ordinary shareholders - basic and diluted |  |  | 68,440,829 |  |  |  | 16,501,984 |  |  |  | 36,144,311 |  |  |  | 16,501,984 |
Net loss per share attributable to Roadzen Inc. ordinary shareholders - basic and diluted |  |  | (0.45 | ) |  |  | 0.03 |  |  |  | (1.82 | ) |  |  | (0.58 | )
The following table summarizes the number of potential Ordinary Shares equivalents that were excluded from the computation of diluted net loss per share attributable to ordinary shareholders for the periods presented:
Particulars |  | For the nine months ended December 31, 2023 |  |  | For the nine months ended December 31, 2022 |
Share warrants |  |  | 20,211,506 |  |  |  | 51,893 |
Restricted stock units |  |  | 9,903,480 |  |  |  | — |
Convertible instruments |  |  | 7,012 |  |  |  | 10,524,888 |
Preferred stock |  |  | — |  |  |  | 28,468,541 |
Total |  |  | 30,121,998 |  |  |  | 39,045,322 |
| 20. Net loss per share Basic net loss per share attributable to common stockholders is computed by dividing the net loss by the number of weighted-average outstanding common shares. Diluted net loss per share attributable to common stockholders is determined by giving effect to all potential common equivalents during the reporting period, unless including them yields an antidilutive result. The Company considers its preferred stock, convertible notes and share warrants as potential common equivalents, but excluded them from the computation of diluted net loss per share attributable to common stockholders in the periods presented, as their effect was antidilutive. The following table sets forth the computation of basic net loss per share attributable to common stockholders and preferred stockholders:
Particulars |  | For the year ended March 31, 2023 |  |  | For the year ended March 31, 2022 |
Numerator: |  |  |  |  |  |
Net Loss |  |  | (14,024,268 | ) |  |  | (9,741,832 | )
Less: dividend attributable to preferred stockholders for the current year |  |  | 119,216 |  |  |  | 90,700 |
Net loss attributable to Roadzen, Inc. common stockholders |  |  | (14,143,484 | ) |  |  | (9,832,532 | )
Denominator: |  |  |  |  |  |
Weighted-average shares used in computing net loss per share attributable to Roadzen, Inc. common stockholders - basic and diluted |  |  | 606,425 |  |  |  | 606,425 |
Net loss per share attributable to Roadzen, Inc. common stockholders - basic and diluted |  |  | (23.32 | ) |  |  | (16.21 | )
The following table summarizes the number of potential common stock equivalents that were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented:
Particulars |  | For the year ended March 31, 2023 |  |  | For the year ended March 31, 2022 |
Share warrants |  |  | — |  |  |  | 83,382 |
Convertible notes |  |  | — |  |  |  | 523,654 |
Preferred stock |  |  | 1,125,376 |  |  |  | 888,786 |
Total |  |  | 1,125,376 |  |  |  | 1,495,822 |

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