Particulars

Year Ended
31.03.2005

Year Ended
31.03.2004

Rs.

Rs.

INCOME

Domestic Sales

58,433,497

44,161,183

Export Sales

121,039,312

31,529,429

Other Income

693,716

908,753

Increase / (Decrease) in Closing Stock

- 

(3,218,600)

Total - A

180,166,525

73,380,765

EXPENDITURE

Software development expenses

135,815,372

60,122,872

Administrative expense

18,445,358

13,952,772

Bad debts

-

   8,021,119

Financial Charges

2,461,238

2,569,893

Preliminary Expenses written off

  -

  -

Depreciation

7,001,304

8,533,140

Total - B

163,723,272

93,199,796 

Profit / (Loss) before Tax 

  16,443,253

  (19,819,031)

Less : Provision for tax

  -

-

Profit / (Loss) after Tax 

16,443,253

(19,819,031)

Add: Deferred Tax Asset/Liability Adjustment

(10,903,333)

6,850,994

Profit/(Loss) after current & deferred Tax adjustment

  5,539,920

(12,968,037)

Add previous year Surplus/Loss

  (60,376,499)

  (47,408,462)

Profit / ( Loss) transferred to Balance sheet

  (54,836,579)

 (60,376,499)

Earnings per share

(Equity shares, par value Rs.10 each)

Basic

  1.11

  (2.59)

Diluted

  1.11

  (2.59)

  (54,836,579)

  (60,376,499)