Profit and Loss account
in 
except per share data
For the year ended December 31, |
Schedule |
2010 |
2009 |
Income from software services, products and business process management |
33,64,14,717 |
2,72,07,679 |
|
Software development and business process management expenses |
9 |
33,36,29,962 |
3,55,77,587 |
GROSS PROFIT |
27,84,755 |
(83,69,908) |
|
Selling and marketing expenses |
10 |
81,79,087 |
1,41,744 |
General and administration expenses |
11 |
9,93,18,710 |
2,84,09,626 |
10,74,97,797 |
2,85,51,370 |
||
OPERATING PROFIT BEFORE INTEREST AND DEPRECIATION |
(10,47,13,042) |
(3,69,21,278) |
|
Interest |
– |
– |
|
Depreciation |
4,75,60,853 |
83,17,391 |
|
OPERATING PROFIT BEFORE TAX |
(15,22,73,895) |
(4,52,38,669) |
|
Other income, net |
12 |
(49,62,517) |
5,77,304 |
NET PROFIT BEFORE TAX |
(15,72,36,412) |
(4,46,61,365) |
|
Provision for taxation |
– |
– |
|
NET PROFIT AFTER TAX |
(15,72,36,412) |
(4,46,61,365) |
|
EARNINGS PER SHARE |
|||
Equity shares of par value 1 BRL each |
|||
Basic |
(16.09) |
(30.24) |
|
Number of shares used in computing basic earnings per share |
97,72,047 |
14,77,062 |
|
SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON ACCOUNTS |
13 |
Note : The schedules referred to above are an integral part of the Profit and Loss account.
For Shenoy & Kamath
Chartered Accountants
Firms Regn. No. 006673S
| M. Rathnakar Partner Membership No. 202841 |
Kamath Dheeshjith V. G. Sole Manager |
Bangalore
January 7, 2011