TMI BlogBasic & Diluted EPSX X X X Extracts X X X X X X X X Extracts X X X X ..... Please advise - In the beginning of the FY 2015-16 as on 1-4-2015, O/s no. of shares is 100,000 of Face value of ₹ 10. 20000 Fully 10 % convertible debentures of ₹ 10 each conversion ratio being 2 shares for each debenture. In June-2015, 5000 debentures were converted into 10000 shares. At the end of the year 2015-16, 15000 debentures pending for conversion. For the year ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... FY 2015-16 Net Profit after tax is ₹ 5,00,000/-. This profit is after charging Debenture Interest of Rs. 16,250/- ( i.e.Rs. 15000+ ₹ 1250). Now please calculate Basic EPS and Diluted EPS. In the beginning of the FY 2015-16 as on 1-4-2015, O/s no. of shares is 100,000 of Face value of ₹ 10. 20000 Fully 10 % convertible debentures of ₹ 10 each conversion ratio being 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shares for each debenture. In June-2015, 5000 debentures were converted into 10000 shares. At the end of the year 2015-16, 15000 debentures pending for conversion. For the year FY 2015-16 Net Profit after tax is ₹ 5,00,000/-. This profit is after charging Debenture Interest of ₹ 16,250/- ( i.e.Rs. 15000+ ₹ 1250). Now please calculate Basic EPS and Diluted EPS. Read more at: ht ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tp://www.caclubindia.com/forum/basic-eps-amp-diluted-eps-374012.asp - Reply By Ganeshan Kalyani - The Reply = The calculation need other aspect as well which in My view should be worked out with in person from practising tax consultant. - Basic & Diluted EPS - Query Started By: - Bijay Shrestha Dated:- 18-10-2016 Accounting - Auditing - Got 1 Reply - Companies Law - Discussion Forum - Knowle ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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