in , except per share data
Schedule |
For the year ended March 31, 2011 |
For the period from August 19, 2009 to March 31, 2010 |
|
Income from software services |
27,95,52,878 |
9,28,43,311 |
|
Software development expenses |
10 |
19,07,16,063 |
6,77,28,548 |
GROSS PROFIT |
8,88,36,815 |
2,51,14,763 |
|
General and administration expenses |
11 |
4,56,87,213 |
1,39,35,007 |
4,56,87,213 |
1,39,35,007 |
||
OPERATING PROFIT BEFORE DEPRECIATION |
4,31,49,602 |
1,11,79,756 |
|
Depreciation |
37,46,459 |
9,97,667 |
|
OPERATING PROFIT AFTER DEPRECIATION |
3,94,03,144 |
1,01,82,089 |
|
Other income, net |
12 |
9,18,634 |
(9,06,936) |
PROFIT BEFORE TAX |
4,03,21,777 |
92,75,153 |
|
Provision for taxation |
13 |
2,05,81,312 |
(31,31,734) |
NET PROFIT AFTER TAX |
1,97,40,465 |
1,24,06,887 |
|
Balance brought forward from previous year |
1,24,06,887 |
– |
|
AMOUNT AVAILABLE FOR APPROPRIATION |
3,21,47,352 |
1,24,06,887 |
|
Balance in Profit and Loss account |
3,21,47,352 |
1,24,06,887 |
|
EARNINGS PER SHARE |
|||
Equity shares of par value 10/- each (1) |
|||
Basic and diluted |
19.74 |
23.96 |
|
Number of shares used in computing earnings per share (1) |
|||
Basic and diluted |
10,00,000 |
5,17,808 |
|
SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON ACCOUNTS |
16 |
Notes : | The schedules referred to above are an integral part of the Profit and Loss account. |
(1)refer to note 16.2.10 |
As per our report attached
for B S R & Co. |
for and on behalf of Board of Directors of |
Supreet Sachdev |
S. D. Shibulal |
Chandra Shekar Kakal |
B. G. Srinivas |
Bangalore
April 11, 2011