Annual report pursuant to Section 13 and 15(d)

NET (LOSS)/GAIN ON DERIVATIVES

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NET (LOSS)/GAIN ON DERIVATIVES
 12 Months Ended
Mar. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
NET (LOSS)/GAIN ON DERIVATIVES NET (LOSS)/GAIN ON DERIVATIVES
For years ended March 31, 2024, 2023 and 2022 net (loss)/gain on derivatives included the following:
Year ended
March 31, 2024
Year ended
March 31, 2023
Year ended March 31, 2022
Net realized (loss)/gain on derivatives
 $ (100,785) $ (64,838) $ 946 
Net unrealized (loss)/gain on derivatives
 (3,009) 12  — 
Total net (loss)/gain on derivatives $ (103,794) $ (64,826) $ 946 
During the year ended March 31, 2024, the Group recognized net loss on derivatives in the amount of $103,794, which included unrealized loss on derivatives in the amount of $3,009 and realized loss on derivatives in the amount of $100,785 as a result of engaging in currency swaps. During the year ended March 31, 2023, the Group recognized net loss on derivatives in the amount of $64,826. During the year ended March 31, 2022, the Group recognized net gain on derivatives in the amount of $946.