For the year ended March 31, |
in crore, except per share data |
Schedule |
2011 |
2010 |
|
Income from software services and products |
25,385 |
21,140 |
|
Software development expenses |
11 |
14,267 |
11,559 |
GROSS PROFIT |
11,118 |
9,581 |
|
Selling and marketing expenses |
12 |
1,219 |
974 |
General and administration expenses |
13 |
1,485 |
1,247 |
2,704 |
2,221 |
||
OPERATING PROFIT BEFORE DEPRECIATION |
8,414 |
7,360 |
|
Depreciation |
740 |
807 |
|
OPERATING PROFIT |
7,674 |
6,553 |
|
Other income, net |
14 |
1,147 |
910 |
Provision for investments |
– |
(9) |
|
NET PROFIT BEFORE TAX AND EXCEPTIONAL ITEM |
8,821 |
7,472 |
|
Provision for taxation (refer to note 23.2.11) |
15 |
2,378 |
1,717 |
NET PROFIT AFTER TAX BEFORE EXCEPTIONAL ITEM |
6,443 |
5,755 |
|
Income on sale of investments, net of taxes (refer to note 23.2.25) |
– |
48 |
|
NET PROFIT AFTER TAX AND EXCEPTIONAL ITEM |
6,443 |
5,803 |
|
Balance brought forward |
13,806 |
10,305 |
|
Balance in Profit and Loss account |
20,249 |
16,108 |
|
AMOUNT AVAILABLE FOR APPROPRIATION |
20,249 |
16,108 |
|
Dividend |
|||
Interim dividend |
574 |
573 |
|
30th year special dividend |
1,722 |
– |
|
Final dividend |
1,149 |
861 |
|
Total dividend |
3,445 |
1,434 |
|
Dividend tax |
568 |
240 |
|
Amount transferred to general reserve |
645 |
580 |
|
Amount transferred to capital reserve |
– |
48 |
|
Balance in Profit and Loss account |
15,591 |
13,806 |
|
20,249 |
16,108 |
||
EARNINGS PER SHARE |
|||
Equity shares of par value 5/- each |
|||
Before exceptional item |
|||
Basic |
112.26 |
100.37 |
|
Diluted |
112.22 |
100.26 |
|
After exceptional item |
|||
Basic |
112.26 |
101.22 |
|
Diluted |
112.22 |
101.10 |
|
Number of shares used in computing earnings per share(1) |
|||
Basic |
57,40,13,650 |
57,33,09,523 |
|
Diluted |
57,42,01,958 |
57,39,49,631 |
|
SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON ACCOUNTS |
23 |
Notes : | The schedules referred to above are an integral part of the Profit and Loss account. |
(1)Refer to note 23.2.19 |
As per our report attached
for B S R & Co.
Chartered Accountants
Firm’s Reg No : 101248W
Natrajh Ramakrishna |
N. R. Narayana Murthy |
S. Gopalakrishnan |
S. D. Shibulal |
Deepak M. Satwalekar |
Prof. Marti G. Subrahmanyam |
Dr. Omkar Goswami |
Sridar A. Iyengar |
David L. Boyles |
|
Prof. Jeffrey S. Lehman |
K. V. Kamath |
R. Seshasayee |
K. Dinesh |
|
Bangalore |
T. V. Mohandas Pai |
Srinath Batni |
V. Balakrishnan |
K. Parvatheesam |