| |
| |
Profit and Loss Account for the year ended 31st March, 2004 (in Rupees) |
|
Profit and Loss Account for the year ended 31st March, 2004 |
(in Rupees ) |
Particulars |
Year Ended
31.03.2004 |
Year Ended
31.03.2003 |
|
Rs. |
Rs. |
| INCOME |
|
|
| Domestic Sales |
44,161,183 |
25,857,938 |
| Export Sales |
31,529,429 |
30,000,971 |
| Other Income |
908,753 |
2,032,644 |
| Increase / (Decrease) in Closing Stock |
(3,218,600) |
(9,201,000) |
Total - A |
73,380,765 |
48,690,553 |
| EXPENDITURE |
|
|
| Software development expenses |
60,122,872 |
51,225,018 |
| Administrative expense |
13,952,772 |
9,016,163 |
| Bad debts |
8,021,119 |
8,947,920 |
| Financial Charges |
2,569,893 |
4,108,997 |
| Preliminary Expenses written off |
- |
4,198 |
| Depreciation |
8,533,140 |
14,457,327 |
Total - B |
93,199,796 |
87,759,623 |
| Profit / (Loss) before Tax |
(19,819,031) |
(39,069,070) |
| Less : Provision for tax |
- |
- |
| Profit / (Loss) after Tax |
(19,819,031) |
(39,069,070) |
| Add: Deferred Tax Asset/Liability Adjustment |
6,850,994 |
14,142,398 |
| Profit/(Loss) after current & deferred Tax adjustment |
(12,968,037) |
(24,926,672) |
| Add previous year Surplus/Loss |
(47,408,462) |
(22,481,790) |
| Profit / ( Loss) transferred to Balance sheet |
(60,376,499) |
(47,408,462) |
| Earnings per share |
|
|
| (Equity shares, par value Rs.10 each) |
|
|
| Basic |
(2.59) |
(4.99) |
| Diluted |
(2.59) |
(4.99) |
|
(60,376,499)
|
(47,408,462)
|
|
|
|
|
|
