Profit and Loss account
in 
For the year ended |
Schedule |
March 31, 2011 |
March 31, 2010 |
Income from software services, products and business process management |
1,49,87,76,205 |
38,02,29,857 |
|
Software development and business process management expenses |
9 |
1,42,11,99,534 |
46,26,48,128 |
GROSS PROFIT |
7,75,76,671 |
(8,24,18,272) |
|
Selling and marketing expenses |
10 |
7,41,63,328 |
2,04,14,765 |
General and administration expenses |
11 |
16,58,24,682 |
4,84,95,133 |
23,99,88,010 |
6,89,09,898 |
||
OPERATING PROFIT BEFORE INTEREST AND DEPRECIATION AND MINORITY INTEREST |
(16,24,11,339) |
(15,13,28,170) |
|
Interest |
11,36,260 |
15,84,169 |
|
Depreciation |
3,33,75,215 |
2,38,96,325 |
|
OPERATING PROFIT BEFORE TAX, MINORITY INTEREST AND EXCEPTIONAL ITEMS |
(19,69,22,814) |
(17,68,08,663) |
|
Other income, net |
12 |
78,800 |
98,061 |
NET PROFIT BEFORE TAX |
(19,68,44,014) |
(17,67,10,602) |
|
Provision for taxation |
– |
– |
|
NET PROFIT AFTER TAX |
(19,68,44,014) |
(17,67,10,602) |
|
SIGNIFICANT ACCOUNTING POLICIES AND NOTES TO 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 Kamath |
D. Swaminathan |
Gordon Beckham |
Eric Paternoster |
Ritesh M. Idnani |
Sam Thomas |
||
Bangalore |