XML 52 R44.htm IDEA: XBRL DOCUMENT v3.24.3
Employee Compensation and Benefits (Tables)
3 Months Ended 12 Months Ended
Jun. 30, 2024
Mar. 31, 2024
Retirement Benefits [Abstract]    
Schedule of other comprehensive loss
               
    Three Months Ended
June 30,
 
    2024     2023  
Net actuarial loss   $ 45     $ 85  
Amortization of net actuarial loss     (17 )     (22 )
Deferred tax benefit     (7 )     (16 )
Unrecognized actuarial loss on employee benefit plan obligations   $ 21     $ 47  
               
    Year Ended
March 31,
 
    2024     2023  
Net actuarial loss / (gain)   $ 68     $ 218  
Amortization of net actuarial (gain)     (85 )     (62 )
Deferred tax expense / (benefit)     5       (39 )
Unrecognized actuarial loss / (gain) on employee benefit plan obligations   $ (12 )   $ 117  
Schedule of net defined benefit plan costs
               
    Three Months Ended
June 30,
 
    2024     2023  
Service costs   $ 124     $ 113  
Interest costs     39       25  
Amortization of net actuarial loss     17       22  
Net defined benefit plan costs   $ 180     $ 160  
               
    Year Ended
March 31,
 
    2024     2023  
Service costs   $ 449     $ 338  
Interest costs     98       52  
Amortization of net actuarial loss     85       62  
Net defined benefit plan costs   $ 632     $ 452  
Schedule of defined benefit plans  
               
    Year Ended
March 31,
 
    2024     2023  
Changes in employee benefit plan obligations                
Projected benefit obligation at the beginning of the year   $ 1,357     $ 908  
Interest cost     98       52  
Service cost     449       338  
Actuarial gains     68       218  
Benefits paid directly by employers     (47 )     (78 )
Effect of exchange rate fluctuation     (19 )     (81 )
Projected employee benefit plan at the end of the year   $ 1,906     $ 1,357  
                 
Amounts recognized in the Consolidated Balance Sheets                
Recorded in accrued compensation and related benefits, current     (203 )     (120 )
Recorded in other liabilities     (1,701 )     (1,237 )
Total project benefit obligation   $ (1,904 )   $ (1,357 )
Schedule of accumulated other comprehensive income  
               
    Year Ended
March 31,
 
    2024     2023  
Net actuarial loss   $ 501     $ 516  
Deferred tax benefit     (126 )     (129 )
Total   $ 375     $ 387  
Schedule of weighted average assumptions used to determine benefit obligations  
  Year Ended
March 31,
 
    2024     2023  
Discount rate per annum     8.28 %     7.31 %
Rate of compensation increase per annum     10.00 %     10.00 %
Rate of employee turnover per annum     20.00 %     20.00 %
Schedule of expected benefit payments  
       
Expected benefit payments during   As of
March 31,
2024
 
Year 1     203  
Year 2     278  
Year 3     376  
Year 4     524  
Year 5     634  
Year 6 to Year 10     3,053