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Audited financial statements

Consolidated statement of changes in equity

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All amounts in X unless otherwise statedFor the year ended 31 March 2026

Notes Share
capital
Additional
capital contribution
Reserve* Retained
earnings
Total
equity
Balance at 1 April 2024 1,000,000 54,439,539 300,000 58,994,675 114,734,214
Profit for the year 66,219,323 66,219,323
Other comprehensive income 167,089 167,089
Total comprehensive income 66,386,412 66,386,412
Additional capital contribution 25 9,754,719 9,754,719
Dividends 29 (28,161,220) (28,161,220)
Increase in share capital 25 99,000,000 (64,194,258) (34,805,742)
Balance at 31 March 2025 100,000,000 300,000 62,414,125 162,714,125
Balance at 1 April 2025 100,000,000 300,000 62,414,125 162,714,125
Profit for the year 46,602,502 46,602,502
Other comprehensive income 817,280 817,280
Total comprehensive income 47,419,782 47,419,782
Dividends 29 (10,000,000) (10,000,000)
Balance at 31 March 2026 100,000,000 300,000 99,833,907 200,133,907

* Subsequent to the reporting date, the balance of the reserve was transferred to retained earnings.

Amit Lahoti
Group CFO

Ruban Bilen
Group CEO

Sinan Esmat Abdulsamad Al Saady
Chairman of the Board of Directors

The accompanying notes 1 to 37 form an integral part of these consolidated financial statements.