Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 184

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 19
Chunk 184
---
 depreciation                     ( 154,522                ( 135,777  
  Total                               $                135,562      $            15,154  

Depreciation expense for the years ended
March 31, 2025, 2024 and 2023 was $18,745, $20,267and $34,369, respectively.

NOTE
6 - CONCENTRATIONS OF RISK

Customer
concentrations

For the years ended March 31, 2025, 2024 and 2023, revenue
from top five customers of the Company accounted for an aggregate of57.2%,78.1% and85.6% of the Company’s total revenue, respectively.
None of these customers are related parties of the Company. And there were one, three and three customers that each accounted for 10%
or more of total revenues for the years ended March 31, 2025, 2024 and 2023, respectively. Customers accounting for 10% or more of the
Company’s revenue were as follows:

                March 31,                      
                2025                           
  Customer      N/A            N/A       25.6  
  A                                            
  Customer      N/A            N/A       25.2  
  B                                            
  Customer      N/A            N/A       23.4  
  C                                            
  Customer      N/A            28.2      N/A   
  D                                            
  Customer      N/A            25.2      N/A   
  E                                            
  Customer      N/A            18.9      N/A   
  F                                            
  Customer      30.8           N/A       N/A   
  J                                            
 ───────────────────────────────────────────────

  Revenue from these customers is individually less than 10% of the total revenue of the Company for the respective year.  

As of March 31, 2025, 2024 and 2023, there were two, four and
one customers each with accounts receivable accounting for 10% or more of the Company’s total accounts receivable, respectively.
The details are as follows:

                March 31,                      
                2025                           
  Customer      N/A            N/A       95.4  
  B                                            
  Customer      N/A            47.7      N/A   
  D                                            
  Customer      N/A            16.1      N/A   
  G                                            
  Customer      N/A            16.