Profit and Loss account


in Rupee Symbol

For the year ended March 31,

Schedule

2011

2010

Income from software services, products and business process management

8,41,19,95,522

4,64,19,21,657

Software development and business process management expenses

11

4,52,73,19,946

2,48,43,12,292

GROSS PROFIT

3,88,46,75,576

2,15,76,09,365

Selling and marketing expenses

12

95,53,43,774

76,88,34,616

General and administration expenses

13

1,58,37,07,112

1,18,50,12,254

2,53,90,50,885

1,95,38,46,871

OPERATING PROFIT before interest and depreciation

1,34,56,24,691

20,37,62,494

Interest

–

–

Depreciation

97,97,540

90,49,810

OPERATING PROFIT before tax

1,33,58,27,151

19,47,12,684

Other income, net

14

1,05,62,078

(64,16,783)

Provision for investments

–

–

NET PROFIT before tax

1,34,63,89,229

18,82,95,901

Provision for taxation

15

56,27,51,631

(85,71,92,158)

NET PROFIT after tax

78,36,37,597

1,04,54,88,059

EARNINGS PER SHARE

Common Stock of par value 1 US$ each

Basic

14.25

19.23

Number of shares used in computing basic earnings per share

5,50,00,000

5,43,69,863

SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON ACCOUNTS

16

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

S. D. Shibulal
Chairman

Stephen R. Pratt
Chief Executive Officer and
Managing Director

N. R. Narayana Murthy
Director

M. Rathnakar Kamath
Membership No : 202841

Ashok Vemuri
Director

Chandra Shekar Kakal
Director

Bangalore
April 11, 2011

Raj Joshi
Director

B. G. Srinivas
Director