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(Loss) Earnings Per Share
3 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
(LOSS) EARNINGS PER SHARE

NOTE 14 – (LOSS) EARNINGS PER SHARE

 

The following table sets forth the computation of basic and diluted (loss) earnings per share for the three months ended June 30, 2024 and 2023. As of June 30, 2024, 1,470,140 RSU and stock options were outstanding. For the three months ended June 30, 2024 and 2023, 1,470,140 and 555,100 RSU and stock options were excluded from the EPS calculation as the result would be anti-dilutive, respectively.

 

   For Three Months Ended 
   June 30,
(Unaudited)
 
   2024   2023 
Numerator:        
Net (loss) income attributable to Jerash Holdings (US), Inc.’s Common Stockholders  $(1,345,216)  $496,526 
           
Denominator:          
Denominator for basic earnings per share (weighted-average shares)   12,294,840    12,294,840 
Dilutive securities – unexercised warrants and options   -    - 
Denominator for diluted earnings per share (adjusted weighted-average shares)   12,294,840    12,294,840 
Basic and diluted (loss) earnings per share  $(0.11)  $0.04