Profit and Loss account

For the year ended March 31,	Schedule	2011	2010
Income from software services, products and business process management		9,84,34,33,602	7,11,34,64,769
Software development and business process management expenses	11	7,23,70,79,002	5,33,76,36,672
GROSS PROFIT		2,60,63,54,600	1,77,58,28,097
Selling and marketing expenses	12	84,43,34,734	46,58,81,276
General and administration expenses	13	60,12,65,028	55,64,42,342
		1,44,55,99,762	1,02,23,23,618
OPERATING PROFIT before interest and depreciation		1,16,07,54,838	75,35,04,479
Interest		–	–
Depreciation		18,61,46,526	15,71,39,042
OPERATING PROFIT before tax		97,46,08,312	59,63,65,438
Other income, net	14	18,48,62,912	9,53,92,319
NET PROFIT before tax		1,15,94,71,224	69,17,57,757
Provision for taxation	15	32,39,37,600	22,56,27,191
NET PROFIT after tax		83,55,33,624	46,61,30,566
EARNINGS PER SHARE
Equity shares of par value AUD 0.11 /- each
Basic		82.65	46.11
Number of shares used in computing earnings per share		1,01,08,869	1,01,08,869
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
M. Rathnakar Kamath Partner Membership No : 202841	K. Dinesh Chairman	Jackie Korhonen Chief Executive Officer and Managing Director	Srinath Batni Director
Bangalore April 11, 2011	Dheeshjith V. G. Director	U. B. Pravin Rao Director	Subhash Dhar Director