BLT Logistics Ltd. कंपली की लेखा नीति

Mar 31, 2025

1 Corporate Information

BLT Logistics Limited (''the Company'') (CIN: U63000DL2011PLC224622) was incorporated on 6th September 2011 having its registered office at Plot No 304 A/2 Kh 14/20/1 F/F, Patel
Garden, Kakrola, South West Delhi, New Delhi, Delhi, Kakrola, South West Delhi, New Delhi, Delhi, India, 110078. The Company has been incorporated to carry out the business of
providing logistic services and warehousing services.

2 Basis of preparation

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in India (Indian GAAP). The Company has prepared these
financial statements to comply in all material respects with the accounting standards notified under the Companies (Accounting Standards) Rules, 2021, (as amended) and the relevant
provisions of the Companies Act, 2013. The financial statements have been prepared on an accrual basis and under the historical cost convention
The accounting policies adopted in the preparation of financial statements are consistent with those of Previous Year.

Summary of significant accounting policies

(a) Use of estimates

The financial statements are prepared under the historical cost convention. These statements have been prepared in accordance with applicable mandatory accounting standards and
relevant presentational requirement of the Companies Act 2013.

(b) Property, Plant And Equipments

Property, Plant and Equipments are stated at cost less accumulated depreciation. Capital work-in-progress is valued at cost and includes equipment in transit and the cost of Property.
Plant and Equipments that are not ready for their intended use at the reporting date.

1) Depreciation on Property, Plant And Equipments

Depreciation on Property, Plant and Equipments is provided on the Written down Method, to allocate the costs of property, plant and equipment, net of their residual values, over their
useful life as specified in Schedule II of The Companies Act. 2013.

(c) Revenue recognition

Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured.

i) Sale of Services

Revenue from the sale of services is recognized when the services are rendered and it is probable that the economic benefits associated with the transaction will flow to the Company,
and the amount of revenue can be measured reliably.

The Company collects indirect taxes on behalf of the government. Such amounts are not considered economic benefits of the Company and are therefore excluded from revenue.

ii) Interest

Revenue is recognized on a time proportion basis taking into account the amount outstanding and the applicable interest rate.

(d) Foreign currency translation

(i) Initial Recognition

Foreign currency transactions are recorded in the reporting currency, by applying to the foreign currency amount the exchange rate between the reporting currency and the foreign
currency at the date of the transaction.

(ii) Exchange differences

Exchange differences arising on the settlement of monetary items or on reporting monetary items of the Company at rates different from those at which they were initially recorded
during the year, or reported in previous financial statements, are recognized as income or as expenses in the year in which they arise.

(e) Retirement and other employee benefits

Retirement benefits in the form of Provident Fund are a defined contribution scheme and the contributions are charged to the statement of profit and loss of the year when an employee
renders the related service.

The Company operates a defined benefit plan for its employees, viz., gratuity. The costs of providing benefits under these plans are determined on the basis of actuarial valuation at each
year-end. Separate actuarial valuation is carried out for each plan using the projected unit credit method. Actuarial gains and losses for both defined benefit plans are recognized in full
in the period in which the occur in the statement of profit and loss.

(f) Income taxes

Tax expense comprises of current and deferred tax. Current income tax is measured at the amount expected to be paid to the tax authorities in accordance with the Income Tax Act,
1961. Deferred income taxes reflects the impact of current year timing differences between taxable income and accounting income for the year and reversal of timing differences of
earlier years.

Deferred tax is measured based on the tax rates and the tax laws enacted or substantively enacted at the balance sheet date. Deferred tax assets are recognized only to the extent that
there is reasonable certainty that sufficient future taxable income will be available against which such deferred tax assets can be realized. In situations where the Company has
unabsorbed depreciation or carry forward tax losses, all deferred tax assets are recognized only if there is virtual certainty supported by convincing evidence that they can be realized
against future taxable profits.

At each reporting date the Company re - assesses unrecognized deferred tax assets. It recognizes unrecognized deferred tax assets to the extent it has become reasonably certain or
virtually certain, as the case may be that sufficient future taxable income will be available against which such deferred tax assets can be realized.

The carrying amount of deferred tax assets are reviewed at each balance sheet date. The Company writes- down the carrying amount of a deferred tax asset to the extent it is no longer
reasonable certain or virtually certain, as the case may be, the sufficient future taxable income will be available against which deferred tax asset can be realized. Any such write-down is
reversed to the extent that it becomes reasonably certain or virtually certain, as the case Mac be. that sufficient future taxable income will be available

(g) Earnings per share

Basic earnings per share are calculated by dividing the net profit or loss for the year attributable to equity shareholders by the weighted average number of equity shares outstanding
during the year.

For the purpose of calculating diluted earnings per share, the net profit or loss for the year attributable to equity shareholders and the weighted average number of shares outstanding
during the year are adjusted for the effects of all dilutive potential equity shares