Consolidated Profit and Loss account

For the year ended March 31,

in Rs. crore, except per share data
  Schedule 2010 2009
Income from software services, products and business process management   22,742 21,693
Software development and business process management expenses 11 12,071 11,765
GROSS PROFIT   10,671 9,928
Selling and marketing expenses 12 1,184 1,104
General and administration expenses 13 1,626 1,629
  2,810 2,733
OPERATING PROFIT BEFORE DEPRECIATION AND MINORITY INTEREST   7,861 7,195
Depreciation   905 761
OPERATING PROFIT BEFORE MINORITY INTEREST   6,956 6,434
Other income, net 14 934 475
Provision for investments   (9) 2
NET PROFIT BEFORE TAX, MINORITY INTEREST AND EXCEPTIONAL ITEM   7,899 6,907
Provision for taxation (refer to Note 24.2.8) 15 1,681 919
NET PROFIT AFTER TAX AND BEFORE MINORITY INTEREST AND
EXCEPTIONAL ITEM
  6,218 5,988
Income from sale of investments, net of taxes (refer to Note 24.2.22)   48
NET PROFIT AFTER TAX, EXCEPTIONAL ITEM AND BEFORE MINORITY INTEREST   6,266 5,988
Minority interest  
NET PROFIT AFTER TAX, EXCEPTIONAL ITEM AND MINORITY INTEREST   6,266 5,988
Balance brought forward   10,560 6,828
Less : Residual dividend paid   1
          Dividend tax on the above  
  10,560 6,827
AMOUNT AVAILABLE FOR APPROPRIATION   16,826 12,815
Interim dividend   573 572
Final dividend   861 773
Total dividend   1,434 1,345
Dividend tax   240 228
Amount transferred to general reserve   780 682
Amount transferred to capital reserve   48
Balance in Profit and Loss account   14,324 10,560
  16,826 12,815
EARNINGS PER SHARE      
Equity shares of par value Rs. 5/- each      
Before exceptional item      
Basic   108.99 104.60
Diluted   108.87 104.43
After exceptional item      
Basic   109.84 104.60
Diluted   109.72 104.43
Number of shares used in computing earnings per share(1)      
Basic   57,04,75,923 57,24,90,211
Diluted   57,11,16,031 57,34,63,181
SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON ACCOUNTS 24
 
 
Note : The schedules referred to above form an integral part of the consolidated Profit and Loss account.
(1) Refer to Note 24.2.16

As per our report attached.
for B S R & Co.
Chartered Accountants


Natrajan Ramkrishna
Partner
Membership no. : 32815
N. R. Narayana Murthy
Chairman and Chief Mentor
S. Gopalakrishnan
Chief Executive Officer and
Managing Director
S. D. Shibulal
Chief Operating Officer and Director
Deepak M. Satwalekar
Director
  Prof. Marti G. Subrahmanyam
Director
Claude Smadja
Director
Dr. Omkar Goswami
Director
Rama Bijapurkar
Director
  Sridar A. Iyengar
Director
David L. Boyles
Director
Prof. Jeffrey S. Lehman
Director
K. V. Kamath
Director
  K. Dinesh
Director
T. V. Mohandas Pai
Director
Srinath Batni
Director
V. Balakrishnan
Chief Financial Officer
Bangalore
April 13, 2010
K. Parvatheesam
Company Secretary