TaxTMI 
TaxTMI 
Basic & Diluted EPS
X X X X Extracts X X X X
X X X X Extracts X X X X
....asic & Diluted EPS<br> Query (Issue) Started By: - Bijay Shrestha Dated:- 18-10-2016 Last Reply Date:- 18-10-2016 Accounting - Auditing<br>Got 1 Reply<br>Companies Law<br>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 d....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ebenture. 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 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....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... 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 FY 2015-16 Net Profit after tax is ₹ 5,00,000/-. This profit ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....is after charging Debenture Interest of ₹ 16,250/- ( i.e.Rs. 15000+ ₹ 1250). Now please calculate Basic EPS and Diluted EPS. Read more at: http://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.<br> Discussi....
X X X X Extracts X X X X
X X X X Extracts X X X X
....on Forum - Knowledge Sharing ....