Earnings per share rules require basic and diluted EPS using weighted average shares and adjustments for dilutive instruments. The Standard requires presentation of both basic and diluted earnings per share. Basic EPS uses net profit attributable to equity shareholders after preference dividends and related tax as numerator and the weighted average number of equity shares outstanding during the period as denominator, with specified timing and adjustments for issues, buybacks, partly paid shares, bonus and rights issues. Diluted EPS adjusts the numerator and denominator for all dilutive potential equity shares by adding saved after tax dividends or interest and by increasing the share count by shares issuable on conversion; anti dilutive instruments are excluded.
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Provisions expressly mentioned in the judgment/order text.
Earnings per share rules require basic and diluted EPS using weighted average shares and adjustments for dilutive instruments.
The Standard requires presentation of both basic and diluted earnings per share. Basic EPS uses net profit attributable to equity shareholders after preference dividends and related tax as numerator and the weighted average number of equity shares outstanding during the period as denominator, with specified timing and adjustments for issues, buybacks, partly paid shares, bonus and rights issues. Diluted EPS adjusts the numerator and denominator for all dilutive potential equity shares by adding saved after tax dividends or interest and by increasing the share count by shares issuable on conversion; anti dilutive instruments are excluded.
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