All amounts in the financial statements are presented in Rupees and as
otherwise stated.
1. Contingent Liabilities In Rs.
S.No. Particulars For the Year 2010-2011 For the Year
2009-2010
1 Outstanding guarantees &
letters of credit given by
the company 16 50 000 64 00 000
2 Claims against company, not
acknowledged as debts* 8 88 77 108 7 73 25 150
3 Claims made by company, not
acknowledged as debts Nil Nil
4 Corporate Guarantee given to
subsidiary companies Nil 1 07 00 150
*includes Service Tax Rs.8 28 22 050
2. Quantitative details
The Company is engaged in the business of Telecom infrastructure and
related value added services. The production and sale of such software
services cannot be expressed in any generic unit and hence it is not
possible to give such quantitative details of sales and certain
information as required under paragraph 3,4C and 4D of Part II of
Schedule VI to the Companies Act, 1956. The details of Conservation of
Energy, Technology absorption are given in Directors Report. R&D
expenditure is not separately accounted for.
3. Dues to micro & small-scale industrial undertakings
As at March 31, 2011 as per available information with the company,
there are no dues to micro & small scale Industrial Undertakings.
4. Income taxes
The provision for taxation includes tax liabilities in India on the
company''s global income as reduced by exempt incomes and any tax
liabilities arising overseas on income sourced from those countries.
5. Segment reporting
The Company is engaged in telecom infrastructure and related value
added services business and its operations constitute a single segment
in the context of Accounting Standard (AS17) Segment Reporting
6. The previous year figures have been recast / restated, wherever
necessary, to the current period''s classifi cation
7. Financial figures have been rounded off to nearest rupee.
8. Schedules 1 to 15 form part of Balance Sheet and have been
authenticated.
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