A company has profit after tax of ₹10,00,000 on April 1, 2011 with number of shares outstanding 5,00,000 of face value ₹10 each fully paid. On this date, there were 10,000 12% convertible debentures of face value ₹100 each convertible into 10 equity shares of face value ₹10 each fully paid the conversion is due during the year. Tax rate for company is 30%. Calculate basic EPS on April 1, 2011 and diluted EPS on the same date.