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ACCRUED LIABILITIES AND OTHERS
12 Months Ended
Mar. 31, 2025
Accrued Liabilities Disclosure Abstract  
Accrued Liabilities Disclosure [Text Block]

NOTE 10 ACCRUED LIABILITIES AND OTHERS

 

   (in thousands) 
   As of
March 31,
2025
($)
   As of
March 31,
2024
($)
 
Compensation and other contributions   160    816 
Provision for expenses   117    208 
Short-term lease liability   94    124 
Other current liability   1,003    419 
Total   1,374    1,567 

 

Compensation and other contribution-related liabilities consist of accrued salaries to employees. In addition, provision for expenses includes provision for legal, professional, and marketing expenses. Other current liability also includes statutory payables of approximately $19 thousand and $25 thousand as of March 31, 2025, and March 31, 2024, respectively, and approximately $3 thousand of short-term loans as of March 31, 2025, and March 31, 2024, respectively.  In addition, Other current liabilities for Fiscal 2025 consist of approximately $580 thousand and $46 thousand related to asset held for sale and provision for a statutory liability, respectively. Please refer to Note 6 – “Property, plant and, equipment”, for more information.