----

|                                                                                 |
|---------------------------------------------------------------------------------|
|                                                                                 |  |  |  |  |  |  |  |  |  |
| CREDIT INFORMATION BUREAU (INDIA) LIMITED                                       |   |   |
| BALANCE SHEET AS AT MARCH 31, 2014                                              |   |   |   |
|                                                                            | Note No. |  March 31, 2014 |   |  March 31, 2013 |   |
|                                                                            |   | Rs. (000's) |   |  Rs. (000's) |   |
| EQUITY AND LIABILITIES                                                          |   |   |   |
| Shareholders' funds                                                             |   |   |   |
| Share capital                                                                   | 3 | 250,000 |   | 250,000 |   |
| Reserves and surplus                                                            | 4 | 1,492,342 |   | 1,189,552 |   |
|                                                                            |   | 1,742,342 |   | 1,439,552 |   |
| Non-current liabilities                                                         |   |   |   |
| Deferred tax liabilities (net)                                                  | 5 | 8,851 |   | 15,217 |   |
| Other long-term liabilities                                                     | 6 | — |   | 42 |   |
| Long-term provisions                                                            | 7 | 70,899 |   | 50,050 |   |
|                                                                            |   | 79,750 |   | 65,309 |   |
| Current liabilities                                                             |   |   |   |
| Trade payables                                                                  | 8 | 139,891 |   | 111,653 |   |
| Other current liabilities                                                       | 9 | 16,739 |   | 23,640 |   |
| Short-term provisions                                                           | 7 | 214,199 |   | 83,880 |   |
|                                                                            |   | 370,829 |   | 219,173 |   |
| TOTAL                                                                           |   | 2,192,921 |   | 1,724,034 |   |
| ASSETS                                                                          |   |   |   |
| Non-current assets                                                              |   |   |   |
| Fixed assets                                                                    | 10 |   |   |
|      Tangible assets                                   |   | 122,706 |   | 101,361 |   |
|      Intangible assets                                 |   | 146,780 |   | 99,933 |   |
|      Intangible assets under development               |   | 7,562 |   | — |   |
|                                                                            |   | 277,048 |   | 201,294 |   |
| Non-current investments                                                         | 11 (a) | 180,000 |   | 120,000 |   |
| Long-term loans and advances                                                    | 12 | 280,418 |   | 142,101 |   |
|                                                                            |   | 737,466 |   | 463,395 |   |
| Current assets                                                                  |   |   |   |
| Current investments                                                             | 11 (b) | 10,000 |   | — |   |
| Trade receivables                                                               | 13 | 281,786 |   | 197,855 |   |
| Cash and bank balances                                                          | 14 | 1,053,933 |   | 928,234 |   |
| Short-term loans and advances                                                   | 12 | 91,764 |   | 115,974 |   |
| Other current assets                                                            | 15 | 17,972 |   | 18,576 |   |
|                                                                            |   | 1,455,455 |   | 1,260,639 |   |
| TOTAL                                                                           |   | 2,192,921 |   | 1,724,034 |   |
| Summary of significant accounting policies                                      | 2 |   |   |
| Notes 1 to 30 annexed hereto form an integral part of the financial statements. |   |
|                                                                            |   |   |   |
| For and on behalf of the Board                                                  |   |   |   |
|                                                                            |   |   |   |   |
|                                                                            |   |   |   |   |
| M. V. Nair                                                                      | Arun Thukral | Vivek Kumar Aggarwal | Swati Naik |   |
| Chairman                                                                        | Managing Director | CFO & Exec. VP | Company Secretary |   |
| Mumbai, June 10, 2014                                                           |   |   |   |

----

|                                                                                                        |
|--------------------------------------------------------------------------------------------------------|
|                                                                                                        |  |  |  |  |  |  |  |  |  |  |  |  |
| CREDIT INFORMATION BUREAU (INDIA) LIMITED                                                              |   |   |
| STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED MARCH 31, 2014                                         |   |
|                                                                                                   | Note No. |  March 31, 2014 |  March 31, 2013 |  March 31, 2012 |   |   |
|                                                                                                   |   |  Rs. (000's) | Rs. (000's) |  Rs. (000's) |   |   |
|  Income                                                                                           |   |   |   |   |   |   |
|  Revenue from operations                                                                          | 16 |              1,666,181 |              1,304,041 |              1,030,123 |   |   |
|  Other income                                                                                     | 17 |                 140,486 |                 119,523 |                   86,041 |   |   |
|                                                                                                   |   |   |   |   |   |   |
| Total revenue                                                                                          |   |         1,806,667 |         1,423,564 |         1,116,164 |   |   |
|                                                                                                   |   |   |   |   |   |   |
|  Expenses                                                                                         |   |   |   |   |   |   |
|  Employee benefits expense                                                                        | 18 |                 255,000 |                 188,222 |                 166,859 |   |   |
|  Establishment and other expenses                                                                 | 19 |                 345,879 |                 306,257 |                 263,352 |   |   |
|  Royalty & software technology fees                                                           |   |                 198,825 |                 186,604 |                 147,603 |   |   |
|  Finance costs                                                                                    | 20 |                        544 |                     1,175 |                     1,211 |   |   |
|  Depreciation and amortisation expense                                                            | 10 |                 100,735 |                   83,461 |                   55,522 |   |   |
|                                                                                                   |   |   |   |   |   |   |
|  Total expenses                                                                                   |   |           900,983 |           765,719 |           634,547 |   |   |
|                                                                                                   |   |   |   |   |   |   |
|  Profit before tax                                                                                |   |           905,684 |           657,845 |           481,617 |   |   |
|  Less: Tax expense                                                                                |   |   |   |   |   |   |
|             Current tax expense            |   |                 316,773 |                 215,506 |                 161,683 |   |   |
|             Deferred tax charge / (credit) |                   (6,366) |                   (1,286) |                   (5,092) |   |   |
|  Net tax expense                                                                                  |   |           310,407 |           214,220 |           156,591 |   |   |
|                                                                                                   |   |   |   |   |   |   |
|  Profit for the year                                                                              |   |           595,277 |           443,625 |           325,026 |   |   |
|                                                                                                   |   |   |   |   |   |   |
|  Earnings per equity share - basic and diluted (refer note 28)                                    |   |   |   |   |
|  (nominal value Rs. 10 per share)                                                                 |   |                     23.81 |                     17.74 |                     13.00 |   |   |
|                                                                                                   |   |   |   |   |
|  Summary of significant accounting policies                                                       | 2 |   |   |
|  Notes 1 to 30 annexed hereto form an integral part of the financial statements.                  |   |
| For and on behalf of the Board                                                                         |   |   |   |
|                                                                                                   |   |   |   |   |
|                                                                                                   |   |   |   |   |
|                                                                                                   |   |   |   |   |
| M.V. Nair                                                                                              |   | Arun Thukral | Vivek Kumar Aggarwal | Swati Naik |
| Chairman                                                                                               |   | Managing Director | CFO & Exec.VP | Company Secretary |
|                                                                                                   |   |   |   |   |
|                                                                                                   |   |   |   |   |
|                                                                                                   |   |   |   |   |
| Mumbai, June 10, 2014                                                                                  |   |   |   |   |   |
|                                                                                                   |   |   |   |   |

----

|                                                                                                              |
|--------------------------------------------------------------------------------------------------------------|
|                                                                                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| CREDIT INFORMATION BUREAU (INDIA) LIMITED                                                                    |   |   |   |   |
| CASH FLOW STATEMENT FOR THE YEAR ENDED MARCH 31, 2014                                                        |   |   |   |
|                                                                                                         |   |  MARCH 31, 2014 |   |  MARCH 31, 2013 |   |  March 31, 2012 |   |
|                                                                                                         |   | Rs. (000's) |   | Rs. (000's) |   | Rs. (000's) |   |
| CASH FLOW FROM OPERATING ACTIVITIES                                                                          |   |   |   |   |
| Profit before tax                                                                                            |   | 905,684 |   | 657,845 |   | 481,617 |   |
| Adjustments for:                                                                                             |   |   |   |   |
|      Depreciation and amortisation expense                                          |   | 100,735 |   | 83,461 |   | 55,522 |   |
|      Loss/(profit) on sale of assets /assets write off                              |   | 75 |   | (422 | ) | 2,119 |   |
|      Interest income                                                                |   | (124,232 | ) | (108,412 | ) | (81,661 | ) |
|      Provision for employee benefits                                                |   | 30,263 |   | 17,220 |   | 19,826 |   |
|      Grant income recognised                                                        |   | (4,050 | ) | (5,320 | ) | (3,593 | ) |
|      Interest expense                                                               |   | 544 |   | 1,175 |   | 1,211 |   |
|      Doubtful advances written off / provided                                       |   | 8 |   | 1,732 |   | 895 |   |
| Operating profit before working capital changes                                                              |   | 909,027 |   | 647,279 |   | 475,936 |   |
|                                                                                                         |   |   |   |   |
| Changes in working capital:                                                                                  |   |   |   |   |
| Adjustments for decrease / (increase) in operating assets:                                                   |   |   |   |   |
|      Trade receivables                                                              |   | (83,931 | ) | (62,351 | ) | (39,471 | ) |
|      Short-term loans and advances                                                  |   | 6,710 |   | 3,552 |   | (7,453 | ) |
|      Long-term loans and advances                                                   |   | 919 |   | 517 |   | (2,266 | ) |
|      Other current assets                                                           |   | 3,323 |   | (2,120 | ) | 8,121 |   |
|                                                                                                         |   |   |   |   |
| Adjustments for (decrease) / increase in operating liabilities:                                              |   |   |   |   |
|      Trade payables                                                                 |   | 28,238 |   | 31,047 |   | 5,801 |   |
|      Other current liabilities                                                      |   | (2,893 | ) | 3,460 |   | (28,271 | ) |
| Cash generated from operations                                                                               |   | (47,634 | ) | (25,895 | ) | (63,539 | ) |
| Less: Taxes paid                                                                                             |   | (278,035 | ) | (219,397 | ) | (146,908 | ) |
| Net cash flow from operating activities (A)                                                                  |   | 583,358 |   | 401,987 |   | 265,489 |   |
|                                                                                                         |   |   |   |   |
| CASH FLOW FROM INVESTING ACTIVITIES                                                                          |   |   |   |   |
| Capital expenditure on tangible assets                                                                       |   | (71,251 | ) | (36,828 | ) | (33,437 | ) |
| Capital expenditure on intangible assets, including intangible assets under development and capital advances |   | (130,696 | ) | (30,492 | ) | (40,863 | ) |
| Proceeds from sale of fixed assets                                                                           |   | 78 |   | 1,974 |   | 424 |   |
| Purchase of non-current investments                                                                          |   | (60,000 | ) | (120,000 | ) | — |   |
| Purchase of current investments                                                                              |   | (10,000 | ) | — |   | — |   |
|                                                                                                         |   |   |   |   |
| Fixed deposits with financial institutions:                                                                  |   |   |   |   |
|      - Placed                                                                       |   | (335,000 | ) | (223,000 | ) | (118,000 | ) |
|      - Matured                                                                      |   | 232,500 |   | 141,000 |   | 62,500 |   |
|                                                                                                         |   |   |   |   |
| Fixed deposits with banks with maturity more than 3 months:                                                  |   |   |   |   |
|      - Placed                                                                       |   | (1,163,000 | ) | (1,236,500 | ) | (1,109,100 | ) |
|      - Matured                                                                      |   | 1,035,000 |   | 1,217,100 |   | 877,700 |   |
|                                                                                                         |   |   |   |   |
| Interest received on tax refund                                                                              |   | — |   | 216 |   | 2,223 |   |
| Interest received on fixed deposits                                                                          |   | 121,514 |   | 103,393 |   | 101,149 |   |
| Cash used in investing activities (B)                                                                        |   | (380,855 | ) | (183,137 | ) | (257,404 | ) |

----

|                                                             |
|-------------------------------------------------------------|
|                                                             |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                        |   |   |   |   |
| CASH FLOW FROM FINANCING ACTIVITIES                         |   |   |   |   |
| Dividends paid                                              |   | (175,000 | ) | (175,000 | ) | (25,000 | ) |
| Tax on dividend                                             |   | (29,741 | ) | (28,389 | ) | (4,056 | ) |
| Interest paid on overdraft                                  |   | (63 | ) | (8 | ) | — |   |
| Cash used in financing activities ( C )                     |   | (204,804 | ) | (203,397 | ) | (29,056 | ) |
|                                                        |   |   |   |   |
| Net Increase / (Decrease) in cash equivalent (A+B+C)        |   | (2,301 | ) | 15,453 |   | (20,971 | ) |
| Add: Cash and cash equivalents at the beginning of the year |   | 36,834 |   | 21,381 |   | 42,352 |   |
| Cash and cash equivalents at the end of the year            |   | 34,533 |   | 36,834 |   | 21,381 |   |
| (refer note 14)                                             |   |   |   |   |
| For and on behalf of the Board                              |   |   |   |
|                                                        |   |   |   |   |
|                                                        |   |   |   |   |
|                                                        |   |   |   |   |
| M. V. Nair                                                  | Arun Thukral | Vivek Kumar Aggarwal | Swati Naik |   |   |
| Chairman                                                    | Managing Director | CFO & Exec. VP | Company Secretary |   |   |
|                                                        |   |   |   |
| Mumbai, June 10, 2014                                       |   |   |   |

----

|    |                       |
|----|-----------------------|
| 1. | CORPORATE INFORMATION |

|    |                                 |
|----|---------------------------------|
| 2. | SIGNIFICANT ACCOUNTING POLICIES |

|     |                      |
|-----|----------------------|
| 2.1 | System of accounting |

|     |                  |
|-----|------------------|
| 2.2 | Use of estimates |

|     |                     |
|-----|---------------------|
| 2.3 | Revenue recognition |

|    |                                                                   |
|----|-------------------------------------------------------------------|
| a) | Initial MembeRs. hip Fees are recognised on admission of members. |

|    |                                                                                              |
|----|----------------------------------------------------------------------------------------------|
| b) | Annual MembeRs. hip Fees are recognised proportionately for the period of such membeRs. hip. |

|    |                                                                                                  |
|----|--------------------------------------------------------------------------------------------------|
| c) | Service Report fees and Decision Centre Service credits are recognised on rendering of services. |

|    |                                                          |
|----|----------------------------------------------------------|
| d) | Interest and other dues are recognised on accrual basis. |

|     |        |
|-----|--------|
| 2.4 | Grants |

|     |                              |
|-----|------------------------------|
| 2.5 | Foreign currency translation |

----

|     |                                  |
|-----|----------------------------------|
| 2.6 | Tangible assets and depreciation |

|    |                                                                                                                             |
|----|-----------------------------------------------------------------------------------------------------------------------------|
| a) | Tangible assets have been stated at purchase/acquisition cost inclusive of installation cost less accumulated depreciation. |

|    |                                                                    |
|----|--------------------------------------------------------------------|
| b) | Leasehold improvements are amortised over the period of the lease. |

|    |                                                                                                                                                                                                                                               |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| c) | The Company adopts Straight Line Method of depreciation at the rates prescribed under Schedule XIV to the Companies Act, 1956 or Management’s experience and estimate of useful life of assets, whichever is higher, as detailed below: |

|                                             |
|---------------------------------------------|
|                                             |  |
| Asset Head                                  | Depreciation Rates |
| ComputeRs.                                  | 20.00% |
| ComputeRs. - Laptop and end user equipment* | 33.33% |
| Office equipment*                           | 20.00% |
| Furniture and fixtures                      | 16.67% |
| Electrical Installations                    | 16.67% |
| Vehicles                                    | 25.00% |
| Mobile Phones                               | 50.00% |

|    |                           |
|----|---------------------------|
| d) | Capital work-in-progress: |

|     |                                    |
|-----|------------------------------------|
| 2.7 | Intangible assets and amortisation |

|    |                                                                     |
|----|---------------------------------------------------------------------|
| a) | Intangible assets are stated at cost less accumulated amortisation. |

|    |                                                                                                                                                                                                                                                                                                                                                                              |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| b) | Intangible assets are amortised on the straight line basis over the useful life. System Softwares (including related Application Softwares) are amortised over the estimated useful life or five yeaRs.  whichever is lower. Trademark cost is amortised over 5 years. Any expenses on Software for support and maintenance are charged to the Statement of Profit and Loss. |

|    |                                      |
|----|--------------------------------------|
| c) | Intangible assets under development: |

|     |                  |
|-----|------------------|
| 2.8 | Operating leases |

|     |                      |
|-----|----------------------|
| 2.9 | Impairment of assets |

----

|      |             |
|------|-------------|
| 2.10 | Investments |

|    |                                                                                                                                       |
|----|---------------------------------------------------------------------------------------------------------------------------------------|
| a) | Long term Investments are carried at cost less provision (if any) for diminution (other than temporary) in value of such investments. |

|    |                                                                                            |
|----|--------------------------------------------------------------------------------------------|
| b) | Current Investments are carried at the lower of cost or fair value on an individual basis. |

|      |                           |
|------|---------------------------|
| 2.11 | Cash and cash equivalents |

|      |                        |
|------|------------------------|
| 2.12 |  Employee benefits |

|    |                                                                                                                                                                                                                                                        |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| a) | The Company’s contribution to Employees Provident Fund paid / payable during the year is recognised in the Statement of Profit and Loss based on the amount of contribution required to be made and when services are rendered by the employees. |

|    |                                                                                                                                                                                   |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| b) | Liability for compensated absences in respect of sick leave and privilege Leave which is of long-term nature is actuarially determined based on the Projected Unit Credit method. |

|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| c) | The Company’s liability towards gratuity is determined using the projected unit credit method which consideRs.  each period of service as giving rise to an additional unit of benefit entitlement and measures each unit separately to build up the final obligation. Actuarial gains and losses based on actuarial valuation done by an independent actuary carried out annually are recognised immediately in the Statement of Profit and Loss as income or expense. Obligation is measured at the present value of estimated future cash flows using a discounted rate that is determined by reference to market yields at the Balance Sheet date on Government bonds where the currency and terms of the Government bonds are consistent with the currency and estimated terms of the defined benefit obligation. |

|    |                                                                                                                                                                                                                                                       |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| d) | Liability in respect of Privileged Leave which is of short-term in nature and Leave Travel Allowance is recognized in the Statement of Profit and Loss based on the expected cost and period of service which entitles the employee to such benefits. |

|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| e) | The Company has a long term incentive plan for eligible employees whereby they are entitled for cash payment against appreciation in notional value of share units (that is determined based on EPS and benchmarked multiple) over long term. Provision is made for any such appreciation at end of every year, till the grant is either exercised or lapsed, and the cost is fully charged to the Statement of Profit and Loss as part of Employees benefits expense. |

|      |                           |
|------|---------------------------|
| 2.13 |   Taxes on income |

----

|      |                                        |
|------|----------------------------------------|
| 2.14 |   Provisions and contingencies |

|      |                               |
|------|-------------------------------|
| 2.15 |   Cash flow statement |

|      |                           |
|------|---------------------------|
| 2.16 |   Operating cycle |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |  |  |  |  |  |  |  |  |  |  |  |  |
| Note 3                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |  March 14 |  March 13 |   |
| Share Capital                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   | Rs. (000's) | Rs. (000's) |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |
| Authorised  capital                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |   |   |
| 50,000,000 (31st Mar 2013: 50,000,000) equity shares of Rs.  10/- each                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |            500,000 |         500,000 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |
| Issued, Subscribed and fully paid up shares                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |   |   |   |
| 25,000,000 (31st Mar 2013: 25,000,000) equity shares of Rs.  10/- each                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |            250,000 |        250,000 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |
| TOTAL                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |        250,000 |        250,000 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |
| a. Reconciliation of equity shares at the beginning and at the end of the year.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |  March 14 |  March 13 |   |
| ParticulaRs.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |  No (000's) |  Rs. (000's) |  No (000's) | Rs. (000's) |   |
| Equity shares  at the beginning of the year                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 25,000 | 250,000 | 25,000 | 250,000 |   |
| Equity shares outstanding at the end of the year                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |         25,000 | 250,000 |         25,000 |        250,000 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |
| b. Details of shareholdeRs.  holding more than 5% shares in the company                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |  March 14 |  March 13 |
| Name of the shareholder                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |  No (000's) |  % of Holding |  No (000's) |  % of Holding |   |
| TransUnion International Inc (USA)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | 11,875 | 47.50% | 6,875 | 27.50% |   |
| State Bank of India                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 2,500 | 10.00% | 2,500 | 10.00% |   |
| ICICI Bank Ltd.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | 2,500 | 10.00% | 2,500 | 10.00% |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |
| c. Details of rights, preferences and restrictions attached to the equity shareholdeRs.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |
| The Company has only one class of equity shares having a par value of Rs. 10 per share. MembeRs.  of the Company holding equity shares capital therein have a right to vote, on  every resolution placed before the Company and right to receive dividend. The voting rights on a poll is in proportion to the share of the paid up equity capital of the Company held by the shareholders. The Company declares dividends in Indian rupees. The interim and final dividend is proposed by the Board of Directors. However, the final dividend is subject to the approval of the ShareholdeRs.  in the ensuing Annual General Meeting. In the event of liquidation, the equity shareholdeRs.  are eligible to receive the remaining assets of the Company in proportion to their shareholding. |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |

----

|                                                                        |
|------------------------------------------------------------------------|
|                                                                        |  |  |
| Note 4                                                                 |   |   |
| Reserves and Surplus                                                   |  March 14 |  March 13 |
|                                                                   |  Rs. (000's) | Rs. (000's) |
|                                                                   |   |   |
| General Reserve                                                        |   |   |
| Balance as per last balance sheet                                      |              68,740 |              24,377 |
| Add: transfer from the statement of profit and loss                    |              60,000 |              44,363 |
| Closing Balance                                                        |        128,740 |         68,740 |
|                                                                   |   |   |
| Surplus in the statement of profit and loss                            |   |   |
| Balance as per last balance sheet                                      |         1,120,812 |            925,326 |
| Add: Profit for the year                                               |            595,277 |            443,625 |
| Less: Appropriations:                                                  |   |   |
|          General Reserve  |              60,000 |              44,363 |
|          Interim dividend |            125,000 |            125,000 |
|          Final dividend   |            125,000 |              50,000 |
|          Tax on dividend  |              42,487 |              28,776 |
| Total                                                                  |        352,487 |        248,139 |
| Closing balance                                                        |     1,363,602 |     1,120,812 |
|                                                                   |   |   |
|                                                                   |     1,492,342 |     1,189,552 |

|                                                                                         |
|-----------------------------------------------------------------------------------------|
|                                                                                         |  |  |  |  |  |
| Note 5                                                                                  |   |   |   |
| Deferred tax liabilities (net)                                                          |   |   |   |
| The major components of deferred tax liabilities and deferred tax assets are as under : |
|                                                                                    |   |  March 14 |  |  March 13 |  |
|                                                                                    |   |  Rs. (000's) |  | Rs. (000's) |  |
| Deferred tax liabilities (A)                                                            |   |   |   |
| Difference between the book balance and tax balance of fixed assets                     | 46,890 |  | 34,987 |  |
|                                                                                    |   |   |   |
| Deferred tax assets      (B)                                                            |   |   |   |
| Provision for employee benefits                                                         |   | 31,852 |  | 14,203 |  |
| Provision for claims and otheRs.                                                        |   | 1,886 |  | — |  |
| Disallowance under Section 40(a)(ia) of Income Tax Act, 1961                            | 4,301 |  | 5,567 |  |
| Net deferred tax liabilities (A-B)                                                      |   | 8,851 |  | 15,217 |  |
|                                                                                    |   |   |   |
| Charge / (credit) for the year                                                          |   | (6,366 | ) | (1,286 | ) |
|                                                                                    |   |   |   |
|                                                                                    |   |   |   |
| Note 6                                                                                  |   |   |   |
| Other long-term liabilities                                                             |   |  March 14 |  |  March 13 |  |
|                                                                                    |   |  Rs. (000's) |  |  Rs. (000's) |  |
|                                                                                    |   |   |   |
| Deferred income                                                                         |   | — |  | 42 |  |
|                                                                                    |   |   |   |
|                                                                                    |   | — |  | 42 |  |
|                                                                                    |   |   |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Note 7                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |   |   |
| Provisions                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                           |  Long-term |  Short-term |   |
|                                                                                                                                                                                                                                                                                                                                                                                                           |  March 14 |   |  March 13 |   |  March 14 |   |  March 13 |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                           | Rs. (000's) |   | Rs. (000's) |   | Rs. (000's) |   | Rs. (000's) |   |   |   |
| Provision for employee benefits                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |
| Provision for gratuity                                                                                                                                                                                                                                                                                                                                                                                         | 1,000 |   | 1,000 |   | — |   | — |   |   |   |
| Provision for compensated absences                                                                                                                                                                                                                                                                                                                                                                             | 50,438 |   | 37,340 |   | 5,272 |   | 3,447 |   |   |   |
| Provision for employee stock appreciation rights (refer note 21(iv))                                                                                                                                                                                                                                                                                                                                           | 19,461 |   | 11,710 |   | 17,539 |   | 9,950 |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                           | 70,899 |   | 50,050 |   | 22,811 |   | 13,397 |   |   |   |
| Other provisions                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   |   |   |
| Provision for income tax (net)                                                                                                                                                                                                                                                                                                                                                                                 | — |   | — |   | 45,114 |   | 11,986 |   |   |   |
| Provision for wealth tax                                                                                                                                                                                                                                                                                                                                                                                       | — |   | — |   | 30 |   | — |   |   |   |
| Provision for proposed equity dividend                                                                                                                                                                                                                                                                                                                                                                         | — |   | — |   | 125,000 |   | 50,000 |   |   |   |
| Provision for tax on proposed dividend                                                                                                                                                                                                                                                                                                                                                                         | — |   | — |   | 21,244 |   | 8,497 |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                           | — |   | — |   | 191,388 |   | 70,483 |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                           | 70,899 |   | 50,050 |   | 214,199 |   | 83,880 |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |
| Note 8                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |   |   |
| Trade payables                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |  March 14 |   |  March 13 |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |  Rs. (000's) |   |  Rs. (000's) |   |   |   |   |
| Due to:                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |
|      - Micro and small enterprises (refer foot note)                                                                                                                                                                                                                                                                                                                                  |   |   | — |   | 74 |   |   |   |   |
|      - OtheRs.                                                                                                                                                                                                                                                                                                                                                                        |   |   | 139,891 |   | 111,579 |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                           |   |   | 139,891 |   | 111,653 |   |   |   |   |
| Foot note:                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |
| Trade payables include Rs. Nil (000's)  (Previous Year Rs. 74(000's)) payable to “SupplieRs. ”  who have confirmed that they are registered under the Micro, Small and Medium Enterprises Development Act, 2006. This has been relied upon by the auditors. No interest has been paid / payable by the Company during the year to these “SupplieRs. ”(Previous Year Rs. Nil (000's)) . |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |
| Note 9                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |   |   |
| Other current liabilities                                                                                                                                                                                                                                                                                                                                                                                      |   |   |  March 14 |   |  March 13 |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |  Rs. (000's) |   |  Rs. (000's) |   |   |   |   |
| Other payables                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |
| Advance from customeRs.                                                                                                                                                                                                                                                                                                                                                                                        |   |   | 5,515 |   | 7,946 |   |   |   |   |
| Unearned income                                                                                                                                                                                                                                                                                                                                                                                                |   |   | 4,299 |   | 3,986 |   |   |   |   |
| Deferred income                                                                                                                                                                                                                                                                                                                                                                                                |   |   | 42 |   | 4,050 |   |   |   |   |
| Taxes payable                                                                                                                                                                                                                                                                                                                                                                                                  |   |   | 2,369 |   | 7,491 |   |   |   |   |
| Provident fund payable                                                                                                                                                                                                                                                                                                                                                                                         |   |   | 1,512 |   | — |   |   |   |   |
| OtheRs.                                                                                                                                                                                                                                                                                                                                                                                                        |   |   | 3,002 |   | 167 |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                           |   |   | 16,739 |   | 23,640 |   |   |   |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Note 10                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   |   |   |   |   | Rs. (000's) |   |
|  Fixed assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |  Gross block |  Depreciation and amortization |  Net block |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |  As at April 1, 2013 |  Additions |  Deductions |  As at Mar 31, 2014 |  As at April 1, 2013 | Charge | Deductions |  As at Mar 31, 2014 |  As at Mar 31, 2014 |  As at Mar 31, 2013 |
| Description                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |  during the period |  during the period |
| Tangible assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |  |   |  |
| Leasehold improvements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 26,371 |   | 1,460 |   | 70 |   | 27,761 |   | 18,128 |   | 3,988 |   | 70 |   | 22,046 |   | 5,715 |  | 8,243 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | (27,931 | ) |  ( - ) |   | (1,560 | ) | (26,371 | ) | (16,283 | ) | (3,405 | ) | (1,560 | ) | (18,128 | ) | (8,243 | ) | (11,648 | ) |
| ComputeRs.  & other hardware                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 200,698 |   | 68,802 |   | 2,887 |   | 266,613 |   | 121,100 |   | 41,017 |   | 2,882 |   | 159,235 |   | 107,378 |  | 79,598 |  |
|  [refer foot note (i) & (ii)]                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | (172,714 | ) | (28,124 | ) | (140 | ) | (200,698 | ) | (84,536 | ) | (36,667 | ) | (103 | ) | (121,100 | ) | (79,598 | ) | (88,178 | ) |
| Office equipments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | 10,094 |   | 785 |   | 1,216 |   | 9,663 |   | 6,849 |   | 1,557 |   | 1,068 |   | 7,338 |   | 2,325 |  | 3,245 |  |
|  [refer foot note (i)]                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | (10,066 | ) | (96 | ) | (68 | ) | (10,094 | ) | (5,824 | ) | (1,074 | ) | (49 | ) | (6,849 | ) | (3,245 | ) | (4,242 | ) |
| Furniture and fixtures                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 4,737 |   | 204 |   | — |   | 4,941 |   | 3,185 |   | 441 |   | — |   | 3,626 |   | 1,315 |  | 1,552 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | (4,856 | ) | (471 | ) | (590 | ) | (4,737 | ) | (3,368 | ) | (407 | ) | (590 | ) | (3,185 | ) | (1,552 | ) | (1,488 | ) |
| Electrical installations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 398 |   | — |   | — |   | 398 |   | 237 |   | 49 |   | — |   | 286 |   | 112 |  | 161 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | (392 | ) | (6 | ) |  ( - ) |   | (398 | ) | (189 | ) | (48 | ) |  ( - ) |   | (237 | ) | (161 | ) | (203 | ) |
| Vehicles                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 10,800 |   | — |   | — |   | 10,800 |   | 2,238 |   | 2,701 |   | — |   | 4,939 |   | 5,861 |  | 8,562 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | (7,244 | ) | (8,131 | ) | (4,575 | ) | (10,800 | ) | (2,902 | ) | (2,414 | ) | (3,078 | ) | (2,238 | ) | (8,562 | ) | (4,342 | ) |
| Tangible assets total - current yr                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 253,098 |   | 71,251 |   | 4,173 |   | 320,176 |   | 151,737 |   | 49,753 |   | 4,020 |   | 197,470 |   | 122,706 |  | 101,361 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | (223,203 | ) | (36,828 | ) | (6,933 | ) | (253,098 | ) | (113,102 | ) | (44,015 | ) | (5,380 | ) | (151,737 | ) | (101,361 | ) | (110,101 | ) |
| Intangible assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |  |   |  |
| Software                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 261,797 |   | 97,829 |   | 2,628 |   | 356,998 |   | 161,954 |   | 50,945 |   | 2,628 |   | 210,271 |   | 146,727 |  | 99,843 |  |
| [refer foot note (ii)]                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | (215,500 | ) | (46,297 | ) |  ( - ) |   | (261,797 | ) | (122,543 | ) | (39,411 | ) |  ( - ) |   | (161,954 | ) | (99,843 | ) | (92,957 | ) |
| Trade mark                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | 176 |   | — |   | — |   | 176 |   | 86 |   | 37 |   | — |   | 123 |   | 53 |  | 90 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | (176 | ) |  ( - ) |   |  ( - ) |   | (176 | ) | (51 | ) | (35 | ) |  ( - ) |   | (86 | ) | (90 | ) | (125 | ) |
| Intangible assets total -current yr                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | 261,973 |   | 97,829 |   | 2,628 |   | 357,174 |   | 162,040 |   | 50,982 |   | 2,628 |   | 210,394 |   | 146,780 |  | 99,933 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | (215,676 | ) | (46,297 | ) |  ( - ) |   | (261,973 | ) | (122,594 | ) | (39,446 | ) |  ( - ) |   | (162,040 | ) | (99,933 | ) | (93,082 | ) |
| Intangible assets under development                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | — |   | 7,562 |   | — |   | 7,562 |   | — |   | — |   | — |   | — |   | 7,562 |  | — |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | (10,863 | ) |  ( - ) |   | (10,863 | ) |  ( - ) |   |  ( - ) |   |  ( - ) |   |  ( - ) |   |  ( - ) |   |  ( - ) |  | (10,863 | ) |
|  Current Period  - TOTAL                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 515,071 |   | 176,642 |   | 6,801 |   | 684,912 |   | 313,777 |   | 100,735 |   | 6,648 |   | 407,864 |   | 277,048 |  | 201,294 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | (449,742 | ) | (83,125 | ) | (17,796 | ) | (515,071 | ) | (235,696 | ) | (83,461 | ) | (5,380 | ) | (313,777 | ) | (201,294 | ) | (214,046 | ) |
|  Foot Notes: (i)   The Company has revised the estimated useful life of Laptop and End user Equipments from 5 yeaRs.  to 3 yeaRs.  and office equipments from 6 yeaRs.  to 5 years. Consequently, the depreciation charge for the year is higher by Rs. 20 (000's).(ii)  The Company had revised the estimated useful life of ComputeRs.  & softwares from 6 yeaRs.  to 5 yeaRs.  in the previous year. Consequently, the depreciation charge for the previous year was higher by Rs. 13,310 (000's).  (iii) The figures in bracket indicates previous year. |

----

|                                                                                                                       |
|-----------------------------------------------------------------------------------------------------------------------|
|                                                                                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Note 11                                                                                                               |   |   |   |   |
| Investments                                                                                                           |   |   |   |   |
| (a) Non-current investments                                                                                           |   |   |  March 14 |  March 13 |   |
|                                                                                                                  |   |   | Rs. (000's) | Rs. (000's) |   |
| Quoted investments (refer foot note)                                                                                  |  No of Bonds |  Face Value |   |   |
| 7.38%, Rural Electrification Corporation Ltd.                                                                         | 20,000 |  Rs. - 1000 |              20,000 |              20,000 |
| 7.36%, Power Finance Corporation Ltd.                                                                                 | 20,000 |  Rs. - 1000 |              20,000 |              20,000 |
| 7.08%, Indian Infrastructure Finance Co. Ltd.                                                                         | 20,000 |  Rs. - 1000 |              20,000 |              20,000 |
| 7.40%, Indian Infrastructure Finance Co. Ltd.                                                                         | 20,000 |  Rs. - 1000 |              20,000 |              20,000 |
| 7.34%, Indian Railway Finance Corpn. Ltd.                                                                             | 20,000 |  Rs. - 1000 |              20,000 |              20,000 |
| 7.04%, Indian Railway Finance Corpn. Ltd.                                                                             | 20,000 |  Rs. - 1000 |              20,000 |              20,000 |
| 8.48%, Indian Infrastructure Finance Co. Ltd.                                                                         | 20,000 |  Rs. - 1000 |              20,000 | — |   |
| 8.50%, National Highway Authority of India                                                                            | 20,000 |  Rs. - 1000 |              20,000 | — |   |
| 8.63%, Rural Electrification Corporation Ltd.                                                                         | 20,000 |  Rs. - 1000 |              20,000 | — |   |
|                                                                                                                  |   |   |        180,000 |        120,000 |   |
| Foot note:                                                                                                            |   |   |   |   |
| Aggregate market value of quoted securities as on  31.03.14 is Rs. 178,214 (000's) (Previous year Rs. 121,080 (000's) |

|                                                                                                                                                                                  |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (b) Current investments                                                                                                                                                          |   |   |   |   |   |
| Unquoted investments (refer foot note)                                                                                                                                           |   |   |   |   |
| ICICI Prudential FMP - Series 69                                                                                                                                                 |   |   |              10,000 | — |   |   |   |
|                                                                                                                                                                             |   |   |   |   |   |   |
| Foot note:                                                                                                                                                                       |   |   |         10,000 | — |   |   |   |
| Market Value as on 31.03.2014 Rs.  10,663 (000's).                                                                                                                               |   |   |   |   |   |
|                                                                                                                                                                             |   |   |   |   |   |
| Note 12                                                                                                                                                                          |   |   |   |   |   |
| Loans and advances                                                                                                                                                               |   |   |   |   |   |
| Unsecured, considered good;                                                                                                                                                      |   |   |   |   |   |
| (unless otherwise stated)                                                                                                                                                        |  Long-term |  Short-term |
|                                                                                                                                                                             |  March 14 |   |  March 13 |   |  March 14 |   | March 13 |   |
|                                                                                                                                                                             |  Rs. (000's) |   |  Rs. (000's) |   | Rs. (000's) |   | Rs. (000's) |   |
| (a) Capital advances                                                                                                                                                             | 29,228 |   | 3,923 |   | — |   | — |   |
|                                                                                                                                                                             | 29,228 |   | 3,923 |   | — |   | — |   |
| (b) Other loans & advances                                                                                                                                                   |   |   |   |   |
|         Advance income tax (doubtful)                                                                                                    | 2,548 |   | 2,550 |   | — |   | — |   |
|         Less: Provision for doubtful TDS                                                                                                 | (2,548 | ) | (2,550 | ) | — |   | — |   |
|                                                                                                                                                                             | — |   | — |   |   |   |
|         Advance income tax                                                                                                               | 14,087 |   | 20,147 |   | — |   | — |   |
|         Deposit with Financial Institution                                                                                               | 225,000 |   | 105,000 |   | 77,500 |   | 95,000 |   |
|         Advance wealth tax                                                                                                               | 19 |   | 19 |   | — |   | — |   |
|         Deposits                                                                                                                         | 11,894 |   | 10,908 |   | — |   | — |   |
|         Prepaid expenses                                                                                                                 | 190 |   | 2,104 |   | 9,979 |   | 18,223 |   |
|         Employee advances (refer foot note)                                                                                              | — |   | — |   | 1,656 |   | 1,921 |   |
|         Other advances                                                                                                                   | — |   | — |   | 2,629 |   | 830 |   |
|                                                                                                                                                                             | 251,190 |   | 138,178 |   | 91,764 |   | 115,974 |   |
|                                                                                                                                                                             |   |   |   |   |   |
|                                                                                                                                                                             | 280,418 |   | 142,101 |   | 91,764 |   | 115,974 |   |
| Foot note:                                                                                                                                                                       |   |   |   |   |   |
| Employee advances includes advance against salary outstanding of ` Nil (000's) due from Mr. Arun Thukral (Managing Director) as on March 31, 2014 (Previous Year Rs. 971(000's). |   |

----

|                                                                                                                                              |
|----------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                              |  |  |  |  |  |  |  |  |
| Note 13                                                                                                                                      |   |   |   |   |
| Trade receivables                                                                                                                            |   |   |  March 14 |   |  March 13 |   |
|                                                                                                                                         |   |   |  Rs. (000's) |   | Rs. (000's) |   |
|                                                                                                                                         |   |   |   |   |
| Unsecured, considered good:                                                                                                                  |   |   |   |   |
|       - Trade receivables outstanding for a period exceeding  6 months from the date they were due for payment | 1 |   | — |   |
|             Less: provision for doubtful debts                                   |   |   | (1 | ) | — |   |
|           - Other trade receivables                                                        |   |   | 281,786 |   | 197,855 |   |
|                                                                                                                                         |   |   |   |   |
|                                                                                                                                         |   |   | 281,786 |   | 197,855 |   |

|                                                                        |
|------------------------------------------------------------------------|
|                                                                        |  |  |  |  |  |  |  |
| Note 14                                                                |   |   |
| Cash and bank balances                                                 |   |   |  March 14 |   |  March 13 |  |
|                                                                   |   |   | Rs. (000's) |   |  Rs. (000's) |  |
| Cash and cash equivalents as per Accounting Standard 3                 |   |   |   |
| Cash on hand                                                           |   |   | — |   | 18 |  |
| Cheques in Hand                                                        |   |   | 352 |   | — |  |
| Remittance in transit                                                  |   |   | — |   | 33,100 |  |
| Balances with Banks:                                                   |   |   |   |   |
|          Current accounts |   |   | 34,181 |   | 3,716 |  |
|                           |   |   |   |   |
|                                                                   |   |   | 34,533 |   | 36,834 |  |
| Other bank balances                                                    |   |   |   |   |
| Deposits with remaining maturity less than 12 months (refer foot note) | 278,000 |   | 313,500 |  |
| Deposits with remaining maturity more than 12 months                   |   | 741,400 |   | 577,900 |  |
|                                                                   |   |   | 1,019,400 |   | 891,400 |  |
|                                                                   |   |   |   |   |
|                                                                   |   |   | 1,053,933 |   | 928,234 |  |

|                                                                                          |
|------------------------------------------------------------------------------------------|
|                                                                                          |  |  |  |  |  |  |
| Note 15                                                                                  |   |   |   |   |
| Other current assets                                                                     |   |   |  March 14 |  March 13 |
|                                                                                     |   |   |  Rs. (000's) | Rs. (000's) |
| Unsecured, considered good;                                                              |   |   |   |   |
|          Interest accrued on fixed deposits |   |   |              17,915 |              15,196 |
|          Service tax advance                |   |   |                     57 |                3,380 |
|                                                                                     |   |   |         17,972 |         18,576 |

----

|                                                  |
|--------------------------------------------------|
|                                                  |  |  |  |  |  |  |
| Note 16                                          |  March 14 |  |  March 13 |  |  March 12 |  |
| Revenue from operations                          |  Rs. (000's) |  |  Rs. (000's) |  |  Rs. (000's) |  |
| Sale of services                                 |   |   |   |
| MembeRs. hip fees                                | 30,849 |  | 29,196 |  | 30,522 |  |
| Service reports fees                             | 1,574,041 |  | 1,245,710 |  | 988,596 |  |
|                                             |   |   |   |
| Other operating income                           |   |   |   |
| Grants                                           | 4,050 |  | 5,320 |  | 7,184 |  |
| Decision centre service credits                  | 9,022 |  | 6,615 |  | 3,821 |  |
| Convenience charges                              | 48,219 |  | 17,200 |  | — |  |
|                                             | 1,666,181 |  | 1,304,041 |  | 1,030,123 |  |
|                                             |   |   |   |
|                                             |   |   |   |
| Note 17                                          |  March 14 |  |  March 13 |  |  March 12 |  |
| Other income                                     |  Rs. (000's) |  |  Rs. (000's) |  | Rs. (000's) |  |
|                                             |   |   |   |
| Interest income:                                 |   |   |   |
| Interest income on fixed deposits                | 114,044 |  | 106,337 |  | 79,231 |  |
| Interest on non-current investments              | 9,335 |  | 1,258 |  | — |  |
| Interest from customeRs.                         | 487 |  | 71 |  | — |  |
| Interest on tax refunds                          | — |  | — |  | 2,430 |  |
| Interest OtheRs.                                 | 366 |  | 746 |  | — |  |
|                                             |   |   |   |
| Other non-operating income                       |   |   |   |
| Profit on sale of fixed assets (net)             | — |  | 422 |  | — |  |
| Miscellaneous income                             | 16,254 |  | 10,689 |  | 4,380 |  |
|                                             | 140,486 |  | 119,523 |  | 86,041 |  |
|                                             |   |   |   |
|                                             |   |   |   |
| Note 18                                          |  March 14 |  |  March 13 |  |  March 12 |  |
| Employees benefits expense                       |  Rs. (000's) |  | Rs. (000's) |  | Rs. (000's) |  |
|                                             |   |   |   |
| Salaries and allowances                          | 210,249 |  | 161,319 |  | 137,696 |  |
| Contribution to provident and other funds        | 10,449 |  | 8,108 |  | 6,814 |  |
| Provision for employee stock appreciation rights | 21,995 |  | 7,825 |  | 11,500 |  |
| Staff welfare expenses                           | 12,307 |  | 10,970 |  | 10,849 |  |
|                                             | 255,000 |  | 188,222 |  | 166,859 |  |

----

|                                                                                                                |
|----------------------------------------------------------------------------------------------------------------|
|                                                                                                                |  |  |  |  |  |  |
| Note 19                                                                                                        |  March 14 |  |  March 13 |  |  March 12 |  |
| Establishment and other expenses                                                                               | Rs. (000's) |  | Rs. (000's) |  | Rs. (000's) |  |
|                                                                                                           |   |   |   |
| Office rent                                                                                                    | 58,048 |  | 58,065 |  | 58,048 |  |
| Electricity charges                                                                                            | 2,580 |  | 3,040 |  | 4,963 |  |
| RepaiRs.  and maintenance:                                                                                     | 72,581 |  | 78,634 |  |   |
|           ComputeRs.  and server expenses                    | 21,188 |  | 30,012 |  | 26,590 |  |
|           Software support expenses                          | 45,419 |  | 44,058 |  | 29,111 |  |
|           Building repaiRs.                                  | 716 |  | 597 |  | 616 |  |
|           Office maintenance and services                    | 5,231 |  | 3,940 |  | 3,968 |  |
|           Other repaiRs.                                     | 27 |  | 27 |  | 152 |  |
| Insurance charges                                                                                              | 601 |  | 696 |  | 654 |  |
| Rates and taxes                                                                                                | 296 |  | 759 |  | 889 |  |
| Travelling and conveyance                                                                                      | 11,930 |  | 10,785 |  | 8,561 |  |
| Data centre fees                                                                                               | 33,104 |  | 28,623 |  | 18,187 |  |
| Legal and professional services                                                                                | 97,362 |  | 78,311 |  | 76,910 |  |
| AuditoRs. ' remuneration (refer footnote)                                                                      | 1,250 |  | 1,507 |  | 1,008 |  |
| Advertising and business development expenses                                                                  | 42,158 |  | 29,547 |  | 17,287 |  |
| Other operating expenses                                                                                       | 18,923 |  | 11,759 |  | 11,635 |  |
| Wealth Tax                                                                                                     | 67 |  | — |  | 10 |  |
| Director's commission and sitting fees (refer note 29)                                                         | 2,084 |  | 1,215 |  | 570 |  |
| Donation                                                                                                       | 5 |  | 5 |  | 355 |  |
| Bank  charges                                                                                                  | 1,781 |  | 1,562 |  | 822 |  |
| Provision for customer claims                                                                                  | 3,000 |  | — |  | — |  |
| Provision for doubtful advances                                                                                | 8 |  | 1,732 |  | 895 |  |
| Loss on sale of fixed assets (net)                                                                             | 75 |  | — |  | 2,119 |  |
| Loss on account of foreign exchange fluctuations (net)                                                         | 26 |  | 17 |  | 3 |  |
|                                                                                                           |   |   |   |
|                                                                                                           |   |   |   |
|                                                                                                           | 345,879 |  | 306,257 |  | 263,352 |  |
| Footnote:                                                                                                      |   |   |   |
| AuditoRs. ' remuneration :                                                                                     |   |   |   |
|      i)    For statutory audit                                                        | 800 |  | 800 |  | 700 |  |
|      ii)   For tax audit                                                              | 240 |  | 240 |  | 210 |  |
|      iii)  For taxation matteRs.                                                      | 110 |  | 115 |  | 20 |  |
|      iv)  For other services                                                          | 100 |  | 350 |  | 75 |  |
|       v)  For reimbuRs. ement of expenses                                        | — |  | 2 |  | 3 |  |
|                                                                                                           | 1,250 |  | 1,507 |  | 1,008 |  |
| Service tax which has been claimed as set off for input credit has not been included in the expenditure above. |
|                                                                                                           |   |   |   |
|                                                                                                           |  March 14 |  |  March 13 |  |  March 12 |  |
| Note 20                                                                                                        |  Rs. (000's) |  | Rs. (000's) |  | Rs. (000's) |  |
| Finance costs                                                                                                  |   |   |   |
| Interest on delayed / deferred payment of income tax                                                           | 481 |  | — |  | 1,009 |  |
| Interest on bank overdraft                                                                                     | 63 |  | 8 |  | — |  |
| Interest on tax refund, reveRs. ed                                                                             | — |  | 1,167 |  | — |  |
| Interest on overdue fees reveRs. ed                                                                            | — |  | — |  | 202 |  |
|                                                                                                           | 544 |  | 1,175 |  | 1,211 |  |

----

|        |
|--------|
|        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|   | Note 21In accordance with the Accounting Standard on Employee Benefits (AS -15) (Revised 2005) notified by the Companies (Accounting Standards) Rules, 2006, the following disclosures are made: |   |
|   |   |
|   |   |   |   |   |   |   |   |
|   | (i) | Salaries and allowances includes Rs. 21,435 (000's)- [(FY 2012-13 Rs. 20,068  (000's) and FY 2011-12 (unaudited) Rs. 8,633 (000's)] towards provision made in respect of accumulated compensated absences which is in the nature of long term employee benefits and has been actuarially determined as per the AS 15 (Revised). |   |
|   |   |   |   |   |   |   |   |
|   | (ii) | Contribution to Provident Fund of  Rs. 8,403 (000's)  [(FY 12-13  Rs. 6,179 (000's)) and (FY 11-12 (Unaudited) Rs. 5,604 (000's))] have been recognised in the Statement of Profit and Loss. |   |   |
| (iii)  | Defined benefit plans:The Company offeRs.  Gratuity to its employees as defined benefit plan. The following table sets out the funded status of the defined benefit schemes and the amount recognized in the financial statements: |   |   |
|   | Net employee benefit expense: |   |   |   |   |   |   |
|   |   |   |   |   |  March 14 |   |  March 13 |   |  March 12 |   |
|   |   |   |   |   | Rs. (000's) |   | Rs. (000's) |   | Rs. (000's) |   |
|   | Current service cost |   |   |   | 1,479 |   | 1,305 |   | 1,159 |   |
|   | Interest cost on benefit obligation |   |   | 747 |   | 610 |   | 444 |   |
|   | Expected / actual return on plan Assets |   |   |   | (614 | ) | (561 | ) | (513 | ) |
|   | Net actuarial losses / (gains) recognized in the year |   | 282 |   | 520 |   | 105 |   |
|   | Past service cost |   |   |   | — |   | 76 |   | 76 |   |
|   | Other effects of limit of Para 59(b) |   |   |   | — |   | (21 | ) | 7 |   |
|   | Net benefit expense |   |   |   | 1,894 |   | 1,929 |   | 1,278 |   |
|   | Charge to Statement of Profit & Loss |   |   |   | 1,894 |   | 1,929 |   | 1,278 |   |
|   | Actual return on plan assets |   |   |   | 764 |   | 686 |   | 585 |   |

|        |
|--------|
|        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|   |   |   |   |   |   |   |
|   |   |   |   |   |   |   |
|   | Changes in present value of the defined benefit obligation: |   |   |
|   |   |   | March 14 |   | March 13 |   |  March 12 |
|   |   |   | Rs. (000's) |   | Rs. (000's) |   | Rs. (000's) |   |
|   | Opening defined benefit obligation |   | 8,004 |   | 6,026 |   | 4,297 |   |
|   | Interest cost |   | 747 |   | 610 |   | 444 |   |
|   | Current service cost |   | 1,479 |   | 1,305 |   | 1,159 |   |
|   | Benefits paid |   | (127 | ) | (637 | ) | (51 | ) |
|   | Actuarial (gains)/losses on obligations |   | 432 |   | 700 |   | 177 |   |
|   | Past service cost |   | — |   | — |   | — |   |
|   | Closing defined benefit obligation |   | 10,535 |   | 8,004 |   | 6,026 |   |
|   |   |   |   |   |   |   |
|   | Expected Employer's contribution for next year | 2,500 |   | 2,500 |   | 2,000 |   |
|   |   |   |   |   |
|   |  |   |   |   |   |   |

----

|                                         |
|-----------------------------------------|
|                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                    | Changes in fair value of plan assets: |   |   |   |   |
|                                    |   |   |   |   |   |   |
|                                    |   |   | March 14 |   | March 13 |   |  March 12 |   |   |
|                                    |   |   | Rs. (000's) |   |  Rs. (000's) |   | Rs. (000's) |   |   |
|                                    | Opening fair value of plan assets |   | 8,390 |   | 7,645 |   | 4,284 |   |   |
|                                    | Expected return on plan assets |   | 614 |   | 561 |   | 513 |   |   |
|                                    | Actuarial gain / (losses) |   | 150 |   | 125 |   | 72 |   |   |
|                                    | Contributions by employer |   | 2,500 |   | 696 |   | 2,827 |   |   |
|                                    | Benefits Paid |   | (127 | ) | (637 | ) | (51 | ) |   |
|                                    | Closing fair value of plan assets |   | 11,527 |   |   | 8,390 |   | 7,645 |   |   |
|                                    |   |   |   |   |   |   |
|                                    | Net Asset / (Liability) recognized in the Balance Sheet: |   |   |   |
|                                    |   |   | March 14 |   | March 13 |   | March 12 |   |   |
|                                    |   |   | Rs. (000's) |   |  Rs. (000's) |   | Rs. (000's) |   |   |
|                                    | Present value of the defined benefit obligation at the end of the year | (10,535 | ) | (8,004 | ) | (6,026 | ) |   |
|                                    | Fair value of plan assets at the end of the year | 11,527 |   | 8,390 |   | 7,645 |   |   |
|                                    | Net asset / (liability) | 992 |   | 386 |   | 1,619 |   |   |
|                                    | Unrecognized past service cost | — |   | — |   | 76 |   |   |
|                                    | Excess provision for earlier yeaRs. | — |   | — |   | (7 | ) |   |
|                                    | Net asset / (liability) recognized in the Balance Sheet | 992 |   | 386 |   | 1,688 |   |   |
|                                    | Experience Adjustments: |   |   |   |   |   |
|                                    |   |  31.03.2014 |  31.03.2013 | 31.03.2012 |  31.03.2011 |  31.03.2010 |
|                                    | Rs. (000's) |   | Rs. (000's) |   | Rs. (000's) |   | Rs. (000's) |   | Rs. (000's) |   |
|                                    | Defined benefit obligation | 10,535 |   | 8,004 |   | 6,026 |   | 4,297 |   | 2,716 |   |
|                                    | Plan assets | 11,527 |   | 8,390 |   | 7,645 |   | 4,284 |   | 2,011 |   |
|                                    | Surplus / (deficit) | 992 |   | 386 |   | 1,619 |   | (13 | ) | (705 | ) |
|                                    | Exp. adjustment on plan liabilities | 1,959 |   | (206 | ) | 337 |   | 779 |   | 71 |   |
|                                    | Exp. adjustment on plan assets | 150 |   | 14 |   | 72 |   | 161 |   | 49 |   |
|                                    |   |   |   |   |   |   |
|                                    | Investment details of insurer managed funds: |   |   |
|                                    |   | March 14 |   | March 13 |   | March 12 |   |   |
|                                    |   | % |   | % |   | % |   |   |
| Central and state government securities | 47 |   | 53 |   | 53 |   |   |
| Bonds / debenture                       |   | 32 |   | 43 |   | 43 |   |   |
| Equity shares                           |   | 5 |   | 4 |   | 4 |   |   |
| Money market instruments / FD           |   | 15 |   | — |   | — |   |   |
| Other government approved securities    | 1 |   | — |   | — |   |   |
| TOTAL                                   |   | 100 |   | 100 |   | 100 |   |   |

----

|        |
|--------|
|        |  |  |  |  |  |  |  |
|   | The principal assumptions used in determining gratuity and pension benefit obligations for the Company’s plans are shown below: |
|   |   |   | March 14 | March 13 |  March 12 |
|   | Discount rate |   | 9.15% | 8.05% | 8.30% |
|   | Expected rate of return on assets |   | 8.00% | 7.50% | 7.50% |
|   | Salary escalation |   | 10.50% | 10.00% | 9.00% |
|   | Mortality |   |  Indian Assured Lives (2006-08) ULT Table |  Indian Assured Lives (2006-08) ULT Table |  LIC (1994-96) Mortality Table |
|   |   |   |   |   |   |   |
|   | The discount rate is based on the prevailing market yields of Government of India securities as at the balance sheet date for the estimated term of the obligations. The estimate of future salary increases considered, takes into account the inflation, seniority, promotion, increments and other relevant factoRs.  such as supply and demand in the employment markets. |
|   |   |   |   |   |   |   |
| (iv)   | The Company has a long term incentive plan for eligible employees whereby they are entitled for cash payment against appreciation in notional value of share units (that is determined based on EPS and benchmarked multiple). Current year provision is Rs. 21,995 (000's), [(FY 12-13 Rs. 7,825 (000's)) and (FY 11-12 (Unaudited) Rs. 11,500 (000's))], for  such appreciation in value. |

----

|                                                                                                                                                                                                                                                                                                                                 |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Note 22                                                                                                                                                                                                                                                                                                                         |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |
| Expenditure in foreign currency                                                                                                                                                                                                                                                                                                 |   | March 14 |   |  March 13 |   |  March 12 |   |
|                                                                                                                                                                                                                                                                                                                            |   |   |   | Rs. (000's) |   | Rs. (000's) |   | Rs. (000's) |   |
| Net Dividend remitted in foreign exchange:                                                                                                                                                                                                                                                                                      |   |   |   |
| Final Dividend:                                                                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |
| Period to which it relates                                                                                                                                                                                                                                                                                                      |   |   |   |  Apr 12 to Mar 13 |   |  Apr 11 to Mar 12 |   |  Apr 10 to Mar 11 |   |
| No of non-resident shareholdeRs.                                                                                                                                                                                                                                                                                                |   |   | 1 |   | 1 |   | 1 |   |
| Number of equity shares held by them (Nos. 000's)                                                                                                                                                                                                                                                                               | 6,875 |   | 6,875 |   | 4,998 |   |
| Amount in Rs. (000's)                                                                                                                                                                                                                                                                                                           |   |   |   | 13,750 |   | 13,750 |   | 4,998 |   |
|                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |
| Interim Dividend:                                                                                                                                                                                                                                                                                                               |   |   |   |   |   |   |
| Period to which it relates                                                                                                                                                                                                                                                                                                      |   |   |   |  Apr 13 to Mar 14 |   |  Apr12 to Mar 13 |   | — |   |
| No of non-resident shareholdeRs.                                                                                                                                                                                                                                                                                                |   |   | 1 |   | 1 |   | — |   |
| Number of equity shares held by them (Nos. 000's)                                                                                                                                                                                                                                                                               | 6,875 |   | 6,875 |   | — |   |
| Amount in Rs. (000's)                                                                                                                                                                                                                                                                                                           |   |   |   | 34,375 |   | 34,375 |   | — |   |
|                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |
| OtheRs.  MatteRs. :                                                                                                                                                                                                                                                                                                             |   |   |   |   |   |   |
| Software expenses                                                                                                                                                                                                                                                                                                               |   |   |   | 6,434 |   | — |   | — |   |
| Director fees                                                                                                                                                                                                                                                                                                                   |   |   |   | 210 |   | 229 |   | 110 |   |
| Professional fees                                                                                                                                                                                                                                                                                                               |   |   |   |   | 762 |   | 941 |   | 376 |   |
|                                                                                                                                                                                                                                                                                                                            |   |   |   |   | 7,406 |   | 1,170 |   | 486 |   |
|                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |
| Note 23                                                                                                                                                                                                                                                                                                                         |   |   |   |   |   |   |   |
| Operating Lease                                                                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |
| The Company has taken office premises on operating lease.                                                                                                                                                                                                                                                                       |   |
| Future minimum rentals payable under non-cancellable operating lease are as under:                                                                                                                                                                                                                                              |   |
|                                                                                                                                                                                                                                                                                                                            |   |   |   |   | March 14 |   |  March 13 |   |  March 12 |  |
|                                                                                                                                                                                                                                                                                                                            |   |   |   |   | Rs. (000's) |   |  Rs. (000's) |   | Rs. (000's) |  |
| Not later than one year                                                                                                                                                                                                                                                                                                         |   |   |   |   | 58,048 |   | 24,187 |   | 58,048 |  |
| Later than one year but not later than five yeaRs.                                                                                                                                                                                                                                                                              |   | 24,187 |   | — |   | 24,187 |  |
| Later than five yeaRs.                                                                                                                                                                                                                                                                                                          |   |   |   |   | — |   | — |   | — |  |
|                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |
| Note 24                                                                                                                                                                                                                                                                                                                         |   |   |   |   |   |   |   |
| Contingent Liabilities                                                                                                                                                                                                                                                                                                          |   |   |   |   | March 14 |   |  March 13 |   |  March 12 |  |
|                                                                                                                                                                                                                                                                                                                            |   |   |   |   |  Rs. (000's) |   |  Rs. (000's) |   | Rs. (000's) |  |
| (i)Claims against Company not acknowledged as debts                                                                                                                                                                                                                                                                             |   |   |
| (a) In respect of service tax matteRs.                                                                                                                                                                                                                                                                                          | — |   | 1,770 |   | 1,770 |  |
| (b) Other claims                                                                                                                                                                                                                                                                                                                | 3,500 |   | 3,500 |   | 3,500 |  |
|                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |
| (ii) The Company is a defendant in various legal actions and a party to claims which arose during the ordinary couRs. e of business. The Company’s Management believes based on the facts presently known, that the results of these actions will not have a material impact on the Company’s financial statements. |

----

|                                                                                                                                                                                                                                                                                          |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Note 25                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |
| Capital and Other Commitments                                                                                                                                                                                                                                                            |   |   |   |   |
|                                                                                                                                                                                                                                                                                     |   |   |   | March 14 |  |  March 13 |   | March 12 |   |
|                                                                                                                                                                                                                                                                                     | Rs. (000's) |  | Rs. (000's) |   | Rs. (000's) |   |
|  (i) Estimated amount of contracts remaining to be executed on Capital account and not provided for:                                                                                                                                                                                |   |   |   |
| Tangible assets                                                                                                                                                                                                                                                                          |   |   |   | 17,701 |  | 2,149 |   | — |   |
| Intangible assets                                                                                                                                                                                                                                                                        |   |   |   | 49,323 |  | 22,682 |   | 466 |   |
| Total commitments                                                                                                                                                                                                                                                                        |   |   |   | 67,024 |  | 24,831 |   | 466 |   |
|                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |
|  Advances paid against such contracts                                                                                                                                                                                                                                               |   | 29,228 |  | 3,923 |   | 8,865 |   |
|                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |
|  (ii) Other commitments                                                                                                                                                                                                                                                             |
|      (a)  Operating leases (refer note 23)                                                                                                                                                                                                                      |   |   |   |   |
|                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |
| Note 26                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |
| Segment reporting                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |
| As the Company has no activities other than that of providing Credit Information Services primarily in India, there are no separate segments in terms of Accounting Standards on “Segment Reporting” (AS-17) notified under the Companies 2006 (Accounting Standards) Rules. |
|                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |
| Note 27                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |
| As per the Accounting Standard on  ‘Related Party Disclosures’    (AS - 18) , notified by the Companies (Accounting Standards) Rules, 2006, the related parties of the Company are as follows :                                                                              |
| (i) Details of related parties:                                                                                                                                                                                                                                                          |   |   |   |   |   |
| Description of Relationship                                                                                                                                                                                                                                                              |   |   |   | Name of Related Parties  |   |   |
| (a) Company holding more than 20% shares                                                                                                                                                                                                                                                 | Transunion International Inc. (w.e.f. 21.12.2011) |   |
| (b) Key management peRs. onnel                                                                                                                                                                                                                                                           |   |   |   | Mr. Arun Thukral  (Managing Director) |   |
|                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |
| (ii)Details of related party transactions during the year ended Mar 31, 2014 and outstanding balance as on Mar 31, 2014:                                                                                                                                                                 |
|                                                                                                                                                                                                                                                                                     |   |   |   | March 14 |   |  March 12 |   |  March 12 |   |
| (a) Key Management PeRs. onnel                                                                                                                                                                                                                                                           |   |   |  Rs. (000's) |   | Rs. (000's) |   | Rs. (000's) |   |
| Managing Director                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |
| Mr. Arun Thukral                                                                                                                                                                                                                                                                         |   |   |   |   |   |   |
| Remuneration *                                                                                                                                                                                                                                                                           |   |   |   | 21,273 |   | 18,063 |   | 13,224 |   |
| Outstanding  advances                                                                                                                                                                                                                                                                    |   |   |   | — |   | 971 |   | 146 |   |
| *Leave encashment, Gratuity and ESAR are included on payment basis                                                                                                                                                                                                                       |   |
|                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |

----

|                                                                                                                                                                                               |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                               |  |  |  |  |  |  |  |  |  |  |
| Note 28                                                                                                                                                                                       |   |   |   |   |   |   |
| Earnings Per Share                                                                                                                                                                            |   |   |   |   |   |   |
| In accordance with the Accounting Standard on "Earnings Per Share" (AS-20) notified by the Companies  (Accounting  Standards) Rules, 2006, the Earnings Per Share has been computed as under: |
|                                                                                                                                                                                          |   |   |   | March 14 |  |  March 13 |  |  March 12 |   |
|                                                                                                                                                                                          |   |   |   |  Rs. (000's) |  | Rs. (000's) |  |  Rs. (000's) |   |
| Profit for the year after tax  (Rs. 000's) - (a)                                                                                                                                              |   |           595,277 |  |             443,625 |  |              325,026 |   |
| Weighted average number of                                                                                                                                                                    |   |   |   |   |   |   |
| Equity shares outstanding  (No 000's) - (b)                                                                                                                                                   |   |             25,000 |  | 25,000 |  | 25,000 |   |
| Earnings per share (Rs.)                                                                                                                                                                      |   |                23.81 |  | 17.74 |  |   13.00 |   |
| (a)/(b) {Basic and Diluted}                                                                                                                                                                   |   |   |   |   |   |   |
|                                                                                                                                                                                          |   |   |   |   |   |   |
|                                                                                                                                                                                          |   |   |   |   |   |   |
| Note 29                                                                                                                                                                                       |   |   |   |   |   |   |
| DirectoRs. ’ commission which is subject to shareholder’s approval                                                                                                                |
| Commission paid/payable to DirectoRs.  which is subject to Shareholder’s approval:                                                                                                      |
|                                                                                                                                                                                          |
|                                                                                                                                                                                          |   |   |   | March 14 |  |  March 13 |  |  March 12 |   |
| ParticulaRs.                                                                                                                                                                                  |   |   |   |  Rs. (000's) |  | Rs. (000's) |  | Rs. (000's) |   |
| Managing Director                                                                                                                                                                             |   |   |   | 83 |  | — |  | — |   |
| Non-Executive DirectoRs.                                                                                                                                                                      |   |   |   | 644 |  | — |  | — |   |
|                                                                                                                                                                                          |   |   |   |   |   |   |
| Note 30                                                                                                                                                                                       |   |   |   |   |   |   |
| Previous year's figures has been regrouped/ reclassified wherever necessary to correspond with the current year's classification/ disclosure.                                                 |

|                                |
|--------------------------------|
|                                |  |  |  |  |  |  |  |  |  |  |  |
| For and on behalf of the Board |   |   |   |
|                           |   |   |   |   |
|                           |   |   |   |   |
| M. V. Nair                     | Arun Thukral | Vivek Kumar Aggarwal | Swati Naik |   |   |
| Chairman                       | Managing Director | CFO & Exec. VP | Company Secretary |   |   |
| Mumbai, June 10, 2014          |   |   |   |