in
Year ended March 31, |
2011 |
2010 |
|
11 |
COST OF REVENUES |
||
Salaries including overseas staff expenses |
4,58,62,99,921 |
4,12,84,48,582 |
|
Staff welfare |
4,37,89,585 |
(12,02,909) |
|
Contribution to provident and other funds |
22,70,48,160 |
18,73,49,290 |
|
Travelling expenses |
24,17,93,550 |
29,08,12,800 |
|
Conveyance |
13,08,42,185 |
12,61,82,179 |
|
Cost of software for own use |
23,78,66,711 |
16,84,94,855 |
|
Computer maintenance |
98,28,471 |
63,39,320 |
|
Communication expenses |
28,94,01,922 |
22,77,94,847 |
|
Rent |
35,15,13,877 |
35,30,95,942 |
|
Office maintenance |
1,49,37,713 |
2,81,04,088 |
|
Consultancy charges |
37,53,55,896 |
37,05,00,833 |
|
Consumables |
1,98,00,585 |
63,16,150 |
|
Recruitment and training expenses |
12,38,67,080 |
11,05,00,237 |
|
Insurance |
46,63,803 |
36,50,289 |
|
Other miscellaneous expenses |
2,04,76,572 |
93,60,841 |
|
6,67,74,86,031 |
6,01,57,47,344 |
12 |
SELLING AND MARKETING EXPENSES |
Salaries including overseas staff expenses |
75,52,59,434 |
63,30,56,512 |
|
Staff welfare |
1,01,285 |
46,866 |
|
Contribution to provident and other funds |
5,25,581 |
5,30,189 |
|
Brand building and advertisement |
1,94,46,326 |
69,16,780 |
|
Travelling expenses |
9,56,74,808 |
7,87,39,294 |
|
Communication expenses |
1,16,25,596 |
2,30,90,178 |
|
Conveyance |
2,47,095 |
4,07,442 |
|
Rent |
1,97,27,384 |
1,07,89,865 |
|
Printing, stationery and office maintenance |
10,88,832 |
14,10,386 |
|
Insurance |
– |
28,75,870 |
|
Marketing expenses |
3,98,18,972 |
63,98,467 |
|
Recruitment expenses |
28,56,097 |
1,20,30,214 |
|
Professional charges |
82,65,566 |
52,42,839 |
|
Professional memberships and seminars |
2,59,689 |
22,28,749 |
|
Other miscellaneous expenses |
9,67,411 |
4,95,595 |
|
95,58,64,076 |
78,42,59,246 |
13 |
GENERAL AND ADMINISTRATION EXPENSES |
Salaries |
63,21,49,020 |
55,09,44,403 |
|
Staff welfare |
1,67,48,650 |
1,13,31,236 |
|
Contribution to provident and other funds |
2,60,27,438 |
2,14,61,220 |
|
Conveyance |
1,44,30,754 |
2,70,81,022 |
|
Consumables |
1,20,96,048 |
85,92,824 |
|
Cost of software for own use |
1,17,81,679 |
76,35,041 |
|
Rent |
3,18,44,906 |
3,23,76,796 |
|
Telephone and communication charges |
2,10,40,756 |
2,96,74,309 |
|
Legal and professional charges |
6,48,48,953 |
4,87,43,255 |
|
Printing and stationery |
87,59,667 |
57,15,428 |
|
Office maintenance |
24,53,35,168 |
21,84,41,204 |
|
Power and fuel |
17,64,29,955 |
17,70,80,350 |
|
Recruitment and training expenses |
59,16,133 |
1,67,75,836 |
|
Insurance |
7,05,98,056 |
6,35,95,157 |
|
Rates and taxes |
2,17,97,669 |
1,81,08,947 |
|
Donations |
– |
59,60,028 |
|
Auditor’s remuneration : |
|||
Audit fees |
23,00,000 |
20,90,000 |
|
Out-of-pocket expenses |
– |
– |
|
Bank charges and commission |
24,86,576 |
12,51,323 |
|
Postage and courier |
45,27,131 |
35,86,210 |
|
Professional membership and seminar participation fees |
6,07,726 |
4,69,241 |
|
Provision for doubtful debts |
1,27,95,723 |
11,31,118 |
|
Provision for doubtful loans and advances |
8,21,763 |
8,62,912 |
|
Other miscellaneous expenses |
46,26,009 |
15,54,920 |
|
1,38,79,69,780 |
1,25,44,62,780 |
14 |
OTHER INCOME |
Interest income(1) : |
|||
On deposits with financial institutions and body corporate |
3,37,76,378 |
2,01,96,794 |
|
On deposits with banks |
28,34,79,899 |
15,03,41,222 |
|
On loans to subsidiary |
10,73,850 |
37,69,852 |
|
Dividends from liquid mutual fund investments |
3,40,79,908 |
4,74,31,253 |
|
Profit on sale of investments |
– |
22,44,820 |
|
Profit on sale of fixed assets |
2,44,780 |
30,361 |
|
Exchange gain / (loss), net |
7,94,97,766 |
1,47,22,880 |
|
Miscellaneous income |
1,24,40,625 |
1,94,08,200 |
|
44,45,93,206 |
25,81,45,382 |
||
(1)Tax deducted at source on interest income |
3,15,12,346 |
2,65,54,996 |
15 |
PROVISION FOR TAXATION |
Current taxes(1) |
37,88,13,706 |
43,17,28,128 |
|
Deferred taxes |
(7,00,18,320) |
(4,68,75,053) |
|
MAT credit entitlement |
(21,23,57,005) |
(19,16,18,671) |
|
9,64,38,381 |
19,32,34,404 |
||
(1)Refer to note 16.2.9 for details |