in
For the year ended March 31, |
Schedule |
2011 |
2010 |
Income from software services, products and business process management |
8,41,19,95,522 |
4,64,19,21,657 |
|
Software development and business process management expenses |
11 |
4,52,73,19,946 |
2,48,43,12,292 |
GROSS PROFIT |
3,88,46,75,576 |
2,15,76,09,365 |
|
Selling and marketing expenses |
12 |
95,53,43,774 |
76,88,34,616 |
General and administration expenses |
13 |
1,58,37,07,112 |
1,18,50,12,254 |
2,53,90,50,885 |
1,95,38,46,871 |
||
OPERATING PROFIT before interest and depreciation |
1,34,56,24,691 |
20,37,62,494 |
|
Interest |
– |
– |
|
Depreciation |
97,97,540 |
90,49,810 |
|
OPERATING PROFIT before tax |
1,33,58,27,151 |
19,47,12,684 |
|
Other income, net |
14 |
1,05,62,078 |
(64,16,783) |
Provision for investments |
– |
– |
|
NET PROFIT before tax |
1,34,63,89,229 |
18,82,95,901 |
|
Provision for taxation |
15 |
56,27,51,631 |
(85,71,92,158) |
NET PROFIT after tax |
78,36,37,597 |
1,04,54,88,059 |
|
EARNINGS PER SHARE |
|||
Common Stock of par value 1 US$ each |
|||
Basic |
14.25 |
19.23 |
|
Number of shares used in computing basic earnings per share |
5,50,00,000 |
5,43,69,863 |
|
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 |
S. D. Shibulal |
Stephen R. Pratt |
N. R. Narayana Murthy |
M. Rathnakar Kamath |
Ashok Vemuri |
Chandra Shekar Kakal |
|
Bangalore |
Raj Joshi |
B. G. Srinivas |