IZMO2024-01-012024-03-31 IZMO2024-01-012024-03-31 IZMO2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member IZMO2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member IZMO2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532341 IZMO NOTLISTED IZMO Limited Equity 2023-04-01 2024-03-31 2024-05-30 2024-05-20 INR Lakhs Yearly 17:30:00 19:28:00 2024-05-30 2024-05-30 true Cash Flow Indirect Declaration of unmodified opinion Single segment Software Development & Services 2024-01-01 2024-03-31 Audited Consolidated 502884000.00 8563000.00 511447000.00 0.00 12416000.00 495000.00 224325000.00 2255000.00 32040000.00 145176000.00 416707000.00 94740000.00 0.00 94740000.00 4818000.00 -453000.00 4365000.00 0.00 90375000.00 0.00 0.00 0.00 0.00 90375000.00 1018000.00 91393000.00 0.00 0.00 141136000.00 10 6.40 19.30 0.00 0.00 6.40 19.30 1 The above audited Q4 and Annual financial results for the financial year ended 31st March, 2024 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 30th May, 2024. 2 Statutory Audit of financial results for the Q4 and financial year ended 31st March, 2024 has been carried out by the Auditors. 3 Investors Grievances during the quarter: Received - Nil, Attended - Nil, Pending - Nil. 4 The company added 137 clients in the US including Elite Auto SAS and Fareportal Inc. 5 30 Clients were added in Europe including Citroen OS Avicars. 6 The Company operates in one reportable segment only. 7 Employee benefit expenses for the FY ended 31st March, 2024 includes Rs.144.50 lakhs (PY Rs. 50.81 lakhs) expenses recognised on account of Stock option offered to employees under ESOP Schemes, recognised over the vesting period. 8 The Company has collected US$ 180K (Rs.149.16 lakhs) from 13 companies towards image copyright infringement charges during FY. This is part of the other income. This is a result of legal action taken by the company against several large international media companies using lzmo's automotive images illegally. 9 Other expenses for Q4 & FY ended 31.03.2023 includes Rs.14.22 lakhs (PY Rs. 8.05 lakhs) pertains to old balance write off charged to P&L, on consolidated basis and hence to that extent net profit is reduced for the said period. 10 Outstanding Qualified Borrowings at the start of the financial year - Rs.193.19 lakhs 11 Outstanding Qualified Borrowings at the end of the financial year-Rs.151.65 lakhs 12 Highest credit rating of the company relating to the unsupported bank borrowings or plain vanilla bonds, which have no structuring/support built in. - Not Applicable 13 Incremental borrowing done during the year (qualified borrowing) - Rs.37.68 lakhs 14 Borrowings by way of issuance of debt securities during the year - Rs.NIL 15 Ind AS 116- Leases -The Company has different lease rental contracts which comes under the purview of IND AS 116-Lea ses. However the management is of the opinion that impact on the Company's financial statements is not material. 16 The figures for the quarter ended 31st March, 2024 and 31st March, 2023 are the balancing figures between audited figures in respect of the full financial year and published year-to-date figures upto the third quarter of the respective financial year. Single segment 2023-04-01 2024-03-31 Audited Consolidated 1867483000.00 33427000.00 1900910000.00 0.00 40589000.00 495000.00 842496000.00 9704000.00 154367000.00 584951000.00 1632602000.00 268308000.00 0.00 268308000.00 8561000.00 -759000.00 7802000.00 0.00 260506000.00 0.00 0.00 0.00 0.00 260506000.00 1018000.00 261524000.00 0.00 0.00 141136000.00 10 2923389000.00 19.30 19.30 0.00 0.00 19.30 19.30 OTHER EXPENSES 145176000.00 OTHER EXPENSES 584951000.00 0.00 35787000.00 0.00 15128000.00 0.00 2559794000.00 0.00 0.00 0.00 49406000.00 0.00 0.00 0.00 49406000.00 4693000.00 0.00 2664808000.00 0.00 0.00 563137000.00 169197000.00 0.00 0.00 239629000.00 971963000.00 0.00 0.00 971963000.00 0.00 0.00 3636771000.00 141136000.00 2923389000.00 3064525000.00 3064525000.00 44095000.00 0.00 0.00 44095000.00 32006000.00 0.00 0.00 0.00 76101000.00 0.00 44479000.00 48872000.00 93351000.00 388650000.00 6068000.00 8076000.00 0.00 496145000.00 0.00 0.00 572246000.00 3636771000.00 0.00 0.00 -271849000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 85711000.00 0.00 154367000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1687000.00 14450000.00 0.00 0.00 0.00 1018000.00 53454000.00 0.00 35464000.00 303772000.00 0.00 -9704000.00 0.00 8561000.00 497000.00 305412000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 293577000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1687000.00 0.00 4958000.00 0.00 -286932000.00 0.00 0.00 0.00 59447000.00 0.00 0.00 0.00 0.00 0.00 15391000.00 0.00 0.00 0.00 9704000.00 0.00 0.00 34352000.00 52832000.00 0.00 52832000.00 116365000.00 169197000.00 -1018000.00 -1018000.00 0.00 0.00