Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 120

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 5
Chunk 120
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 March 31, 2025, 2024 and 2023, respectively:

                                                            2025                      2024                     2023               
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Net cash provided by operating activities                 $            794,147      $         1,157,742      $         228,964  
  Net cash used in investing activities                                 (139,153                        -                      -  
  Net cash (used in) provided by financing activities                 (1,357,622                 (331,021                293,842  
  Net (decrease)/increase in cash and cash equivalents      $           (702,628      $           826,721      $         522,806  

Cash
provided by operating activities

For the year ended March 31, 2025, our net cash
provided by operating activities was $0.8 million, which primarily reflected cash inflow from our net income of 1.6 million adjusted for
(i) net non-cash expenses of $0.3 million, representing non-cash lease expense, depreciation and provision for expected credit losses,
and (ii) net decrease in cash flow from changes in operating assets and liabilities of $1.1 million mainly attributable to cash outflow
arising from accounts receivable of $0.6 million and contract assets of $0.2 million respectively.

For
the year ended March 31, 2024, our net cash provided by operating activities was $1.2 million, which primarily reflected cash
inflow from our net income of $1.8 million adjusted for (i) net non-cash expenses of $0.2 million, representing non-cash
lease expense, depreciation, reversal of provision for expected credit losses and deferred tax expenses, and (ii) net decrease in
cash flow from changes in operating assets and liabilities of $0.9 million mainly attributable to cash outflow arising from contract
liabilities of $1.1 million, which were offset by cash inflow arising from accrued expenses and other liabilities of $0.3 million.

For
the year ended March 31, 2023, our net cash provided by operating activities was $0.2 million, which primarily reflected cash
inflow from our net income of $1.3 million adjusted for (i) net non-cash expenses of $0.5 million including non-cash lease
expense, depreciation,