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Profit & Loss
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Account for the year ended March 31, 2008
Particulars Schedule
(Rs.’000)		 As at 31-Mar-08
(Rs.’000)
(Rs.’000)		 As at 31-Mar-07
(Rs.’000)
INCOME          
Sales (Refer Note 5 on Schedule 18)   2,450,606   1,575,152  
Less : Service Tax   (261,216) 2,189,390 (179,457) 1,395,695
Other Income 13   207,251   75,935
      2,396,641   1,471,630
EXPENDITURE          
Advertising and Promotion Cost     481,244   300,377
Administration and Other expenses 14   255,750   171,919
Personnel expenses 15   746,278   492,362
Network and Other charges 16   60,531   58,988
Finance and Bank Charges 17   11,194   6,969
Depreciation 5   55,504   46,192
      1,610,501   1,076,807
NET PROFIT BEFORE TAX     786,140   394,823
Tax Expense          
- Current Tax (including for earlier years) 6   228,094   125,987
- Deferred Tax     (4,569)   (7,707)
- Fringe Benefit Tax     7,747   5,871
NET PROFIT AFTER TAX     554,868   270,672
Balance brought forward     253,550   6,828
Transfer from Stock Options Outstanding Account     3,225   6,610
APPROPRIATIONS          
Proposed dividend     20,471   20,471
Dividend Tax     3,479   3,479
Transfer to General Reserve
(Employee Stock Options Outstanding Account)		     3,225   6,610
BALANCE CARRIED TO THE BALANCE SHEET     784,468   253,550
Earnings Per Share - Basic and Diluted
(Refer Note 11 on Schedule 19)		     20.33   11.31
Significant Accounting Policies 18        
Notes to Accounts 19        

This is the Balance Sheet referred to in our report of even date.
 The schedules referred to above form an integral part of these accounts.
 
 

For and on behalf of the Board of Directors
Kaushik Dutta
Partner
Membership Number F-88540
For and on behalf of
Price Waterhouse
Chartered Accountants
Sanjeev Bikhchandani
Managing Director
 Ambarish Raghuvanshi
Director & CFO
Amit Gupta
Company secretary
 
Date : April 30, 2008
Place : Noida		  

 
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