----

|                                            |
|--------------------------------------------|
|                                            |  |
|                                       |   |
| Independent Auditors’ Report         |    |
| Balance Sheet                              |    |
| Statement of Profit and Loss               |    |
| Cash Flow                                  |    |
| Notes Forming Part of Financial Statements |    |

----

|                                          |
|------------------------------------------|
|                                          |  |  |  |  |
|                                     |   |   |   |   |
| Deloitte             Haskins & Sells |   |   |    | Chartered AccountantsTower 3, 27th - 32nd FloorIndiabulls Finance CentreElphinstone Mill CompoundSenapati Bapat MargElphinstone (W), Mumbai - 400 013India Tel: +91 (22) 6185 4000Fax: +91 (22) 6185 4501/4601 |

----

|                                            |
|--------------------------------------------|
|                                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                       |    | Note No. |   |    | MAR 31, 2013Rs. (000’s) |   |    | MAR 31, 2012Rs. (000’s) |   |
|                                       |    |   |   |    | (Audited) |   |    | (Unaudited) |   |
| EQUITY AND LIABILITIES                     |    |   |   |   |    |   |   |   |    |   |   |   |
| Shareholders’ funds                  |    |   |   |   |    |   |   |   |    |   |   |   |
| Share capital                              |    |   | 3 |    |    |   | 250,000 |  |    |    |   | 250,000 |  |    |
| Reserves and surplus                       |    |   | 4 |    |    |   | 1,189,552 |  |    |    |   | 949,703 |  |    |
|                                       |    |   |   |   |    |   | 1,439,552 |  |    |    |   | 1,199,703 |  |    |
| Non-current liabilities                    |    |   |   |   |    |   |   |   |    |   |   |   |
| Deferred tax liabilities (net)             |    |   | 5 |    |    |   | 15,217 |  |    |    |   | 16,503 |  |    |
| Other long-term liabilities                |    |   | 6 |    |    |   | 42 |  |    |    |   | 6,002 |  |    |
| Long-term provisions                       |    |   | 7 |    |    |   | 50,050 |  |    |    |   | 37,190 |  |    |
|                                       |    |   |   |   |    |   | 65,309 |  |    |    |   | 59,695 |  |    |
| Current liabilities                        |    |   |   |   |    |   |   |   |    |   |   |   |
| Trade payables                             |    |   | 8 |    |    |   | 111,653 |  |    |    |   | 80,606 |  |    |
| Other current liabilities                  |    |   | 9 |    |    |   | 23,640 |  |    |    |   | 19,540 |  |    |
| Short-term provisions                      |    |   | 7 |    |    |   | 83,880 |  |    |    |   | 85,763 |  |    |
|                                       |    |   |   |   |    |   | 219,173 |  |    |    |   | 185,909 |  |    |
| TOTAL                                      |    |   |   |   |    |   | 1,724,034 |  |    |    |   | 1,445,307 |  |    |
| ASSETS                                     |    |   |   |   |    |   |   |   |    |   |   |   |
| Non-current assets                         |    |   |   |   |    |   |   |   |    |   |   |   |
| Fixed assets                               |    |   | 10 |    |    |   |   |   |    |   |   |   |
| Tangible assets                            |    |   |   |   |    |   | 101,361 |  |    |    |   | 110,101 |  |    |
| Intangible assets                          |    |   |   |   |    |   | 99,933 |  |    |    |   | 93,082 |  |    |
| Intangible assets under development        |    |   |   |   |    |   | — |  |    |    |   | 10,863 |  |    |
|                                       |    |   |   |   |    |   | 201,294 |  |    |    |   | 214,046 |  |    |
| Non-current investments                    |    |   | 11 |    |    |   | 120,000 |  |    |    |   | — |  |    |
| Long-term loans and advances               |    |   | 12 |    |    |   | 142,101 |  |    |    |   | 152,030 |  |    |
|                                       |    |   |   |   |    |   | 463,395 |  |    |    |   | 366,076 |  |    |
| Current assets                             |    |   |   |   |    |   |   |   |    |   |   |   |
| Trade receivables                          |    |   | 13 |    |    |   | 197,855 |  |    |    |   | 135,504 |  |    |
| Cash and bank balances                     |    |   | 14 |    |    |   | 928,234 |  |    |    |   | 893,381 |  |    |
| Short-term loans and advances              |    |   | 12 |    |    |   | 115,974 |  |    |    |   | 37,526 |  |    |
| Other current assets                       |    |   | 15 |    |    |   | 18,576 |  |    |    |   | 12,820 |  |    |
|                                       |    |   |   |   |    |   | 1,260,639 |  |    |    |   | 1,079,231 |  |    |
| TOTAL                                      |    |   |   |   |    |   | 1,724,034 |  |    |    |   | 1,445,307 |  |    |
| Summary of significant accounting policies |    |   | 2 |    |    |   |   |   |    |   |   |   |

|                                |
|--------------------------------|
|                                |  |  |
| For and on behalf of the Board |    |   |
|                           |   |
| sd                             |    | sd |
| M. V. Nair                     |    | Arun Thukral |
| Chairman                       |    | Managing Director |
|                           |   |
| sd                             |    | sd |
| Vivek Kumar Aggarwal           |    | Swati Naik |
| CFO & Exec. VP        |    | Company Secretary |
| Mumbai, June 11, 2013     |    |   |

----

|                                             |
|---------------------------------------------|
|                                             |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        |    | Note No. |   |    | MAR 31, 2013Rs. (000’s) |   |   | MAR 31, 2012Rs. (000’s) |   |   | MAR 31, 2011Rs. (000’s) |   |
|                                        |    |   |   |    | (Audited) |   |   | (Unaudited) |   |   | (Unaudited) |   |
| Income                                      |    |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |
| Revenue from operations                     |    |   | 16 |  |    |    |   | 1,304,041 |  |    |   |   | 1,030,123 |  |    |   |   | 756,532 |  |    |
| Other income                                |    |   | 17 |  |    |    |   | 119,523 |  |    |   |   | 86,041 |  |    |   |   | 50,074 |  |    |
| Total revenue                               |    |   |   |   |    |   | 1,423,564 |  |    |   |   | 1,116,164 |  |    |   |   | 806,606 |  |    |
| Expenses                                    |    |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |
| Employee benefits expense                   |    |   | 18 |  |    |    |   | 189,518 |  |    |   |   | 167,662 |  |    |   |   | 122,043 |  |    |
| Establishment and other expenses            |    |   | 19 |  |    |    |   | 304,961 |  |    |   |   | 262,549 |  |    |   |   | 210,461 |  |    |
| Royalty & Software Technology Fees |    |   |   |   |    |   | 186,604 |  |    |   |   | 147,603 |  |    |   |   | 99,376 |  |    |
| Finance costs                               |    |   | 20 |  |    |    |   | 1,175 |  |    |   |   | 1,211 |  |    |   |   | 1,220 |  |    |
| Depreciation and amortisation expense       |    |   | 10 |  |   |    |   | 83,461 |  |    |   |   | 55,522 |  |    |   |   | 49,720 |  |    |
| Total expenses                              |    |   |   |   |    |   | 765,719 |  |    |   |   | 634,547 |  |    |   |   | 482,820 |  |    |
| Profit before tax                           |    |   |   |   |    |   | 657,845 |  |    |   |   | 481,617 |  |    |   |   | 323,786 |  |    |
| Less: Tax expense                           |    |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |
| Current tax                                 |    |   |   |   |    |   | 222,100 |  |    |   |   | 161,839 |  |    |   |   | 109,100 |  |    |
| Earlier years tax written back              |    |   |   |   |    |   | (6,594 | ) |   |   |   | (156 | ) |   |   |   | (258 | ) |   |
| Deferred tax charge / (credit)              |    |   |   |   |    |   | (1,286 | ) |   |   |   | (5,092 | ) |   |   |   | 25 |  |    |
|                                        |    |   |   |   |    |   | 214,220 |  |    |   |   | 156,591 |  |    |   |   | 108,867 |  |    |
|                                        |    |   |   |   |    |   |   |   |   |   |   |    |   |   |   |   |
| Profit for the year                         |    |   |   |   |    |   | 443,625 |  |    |   |   | 325,026 |  |    |   |   | 214,919 |  |    |
|                                        |    |   |   |   |    |   |   |   |   |   |   |   |   |   |   |    |
| Earning per equity share-Basic and Diluted  |    |   |   |   |    |   | 17.74 |  |    |   |   | 13.00 |  |    |   |   | 8.60 |  |   |
| (nominal valueRs. .  10 per share)     |    |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |
| Summary of significant accounting policies  |    |   | 2 |  |    |    |   |   |   |   |   |   |   |   |   |   |   |

|                                |
|--------------------------------|
|                                |  |  |
|                           |   |   |
| For and on behalf of the Board |    |   |
|                           |   |
| sd                             |    | sd |
| M. V. Nair                     |    | Arun Thukral |
| Chairman                       |    | Managing Director |
|                           |   |
| sd                             |    | sd |
| Vivek Kumar Aggarwal           |    | Swati Naik |
| CFO & Exec. VP        |    | Company Secretary |
| Mumbai, June 11, 2013     |    |   |

----

|                                                                          |
|--------------------------------------------------------------------------|
|                                                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                     |    | Mar 31, 2013Rs. (000’s) |   |   | Mar 31, 2012Rs. (000’s) |   |   | Mar 31, 2011Rs. (000’s) |   |
|                                                                     |    | (Audited) |   |   | (Unaudited) |   |   | (Unaudited) |   |
| CASH FLOW FROM OPERATING ACTIVITIES                                      |    |   |   |   |   |   |   |   |   |   |   |   |
| Profit before tax                                                        |    |   | 657,845 |  |   |   |   | 481,617 |  |   |   |   | 323,786 |  |   |
| Add/(Less): Non operating (income) / expenses                            |    |   |   |   |   |   |   |   |   |   |   |   |
| Depreciation and amortisation                                            |    |   | 83,461 |  |   |   |   | 55,522 |  |   |   |   | 49,720 |  |   |
| (Profit)/ Loss on sale /write off of fixed assets                        |    |   | (422 | ) |   |   |   | 2,119 |  |   |   |   | 779 |  |   |
| Interest on fixed deposits and others                                    |    |   | (108,412 | ) |   |   |   | (81,661 | ) |   |   |   | (48,198 | ) |   |
| Provision for employee benefits                                          |    |   | 17,220 |  |   |   |   | 19,826 |  |   |   |   | 14,008 |  |   |
| Doubtful debts (written back)                                            |    |   | — |  |   |   |   | — |  |   |   |   | (290 | ) |   |
| Grant Income recognised                                                  |    |   | (5,320 | ) |   |   |   | (3,593 | ) |   |   |   | (8,091 | ) |   |
| Interest on taxes and others                                             |    |   | 1,175 |  |   |   |   | 1,211 |  |   |   |   | 1,220 |  |   |
| Doubtful advances written off / provided                                 |    |   | 1,732 |  |   |   |   | 895 |  |   |   |   | 743 |  |   |
| Cash flow before changes in working capital                              |    |   | 647,279 |  |   |   |   | 475,936 |  |   |   |   | 333,677 |  |   |
| Adjustments for changes in operating assets                              |    |   |   |   |   |   |   |   |   |   |   |   |
| Decrease/(increase) in trade receivables                                 |    |   | (62,351 | ) |   |   |   | (39,471 | ) |   |   |   | (9,677 | ) |   |
| Decrease/(increase) in short term loans and advances                     |    |   | 3,552 |  |   |   |   | (7,453 | ) |   |   |   | 4,433 |  |   |
| Decrease/(increase) in long term loans and advances                      |    |   | 517 |  |   |   |   | (2,266 | ) |   |   |   | 3,619 |  |   |
| Decrease/(increase) in other current assets                              |    |   | (2,120 | ) |   |   |   | 8,121 |  |   |   |   | (5,477 | ) |   |
| Adjustments for changes in operating liabilities                         |    |   |   |   |   |   |   |   |   |   |   |   |
| Increase/(decrease) in trade payables                                    |    |   | 31,047 |  |   |   |   | 5,801 |  |   |   |   | 15,942 |  |   |
| Increase/(decrease) in other current liabilities                         |    |   | 3,460 |  |   |   |   | (28,271 | ) |   |   |   | 36,496 |  |   |
| Total                                                                    |    |   | (25,895 | ) |   |   |   | (63,539 | ) |   |   |   | 45,336 |  |   |
| Less: Taxes Paid                                                         |    |   | (219,397 | ) |   |   |   | (146,908 | ) |   |   |   | (101,792 | ) |   |
| Cash generated from Operations (A)                                       |    |   | 401,987 |  |   |   |   | 265,489 |  |   |   |   | 277,221 |  |   |
| CASH FLOW FROM INVESTING ACTIVITIES                                      |    |   |   |   |   |   |   |   |   |   |   |   |
| Purchase of tangible assets (includes capital advances)                  |    |   | (36,828 | ) |   |   |   | (33,437 | ) |   |   |   | (59,477 | ) |   |
| Purchase of intangible assets (includes capital advances)                |    |   | (30,492 | ) |   |   |   | (40,863 | ) |   |   |   | (27,281 | ) |   |
| Proceeds from sale of fixed asset                                        |    |   | 1,974 |  |   |   |   | 424 |  |   |   |   | 1,072 |  |   |
| Purchase of Non-current Investment                                       |    |   | (120,000 | ) |   |   |   | — |  |   |   |   | — |  |   |
| Purchase of fixed deposits with financial institution                    |    |   | (223,000 | ) |   |   |   | (118,000 | ) |   |   |   | (94,900 | ) |   |
| Proceeds from fixed deposits with financial institution                  |    |   | 141,000 |  |   |   |   | 62,500 |  |   |   |   | 42,300 |  |   |
| Purchase of fixed deposits with banks with maturity more than 3 months   |    |   | (1,236,500 | ) |   |   |   | (1,109,100 | ) |   |   |   | (521,800 | ) |   |
| Proceeds from fixed deposits with banks with maturity more than 3 months |    |   | 1,217,100 |  |   |   |   | 877,700 |  |   |   |   | 380,000 |  |   |
| Interest received on tax refund                                          |    |   | 216 |  |   |   |   | 2,223 |  |   |   |   | — |  |   |
| Interest received on fixed deposits                                      |    |   | 103,393 |  |   |   |   | 101,149 |  |   |   |   | 31,460 |  |   |
| Cash used in Investing Activities (B)                                    |    |   | (183,137 | ) |   |   |   | (257,404 | ) |   |   |   | (248,626 | ) |   |
| CASH FLOW FROM FINANCING ACTIVITIES                                      |    |   |   |   |   |   |   |   |   |   |   |   |
| Dividend paid on equity shares                                           |    |   | (175,000 | ) |   |   |   | (25,000 | ) |   |   |   | — |  |   |
| Tax on equity dividend paid                                              |    |   | (28,389 | ) |   |   |   | (4,056 | ) |   |   |   | — |  |   |
| Interest paid on overdraft                                               |    |   | (8 | ) |   |   |   | — |  |   |   |   | — |  |   |
| Cash used in Financing Activities (C)                                    |    |   | (203,397 | ) |   |   |   | (29,056 | ) |   |   |   | — |  |   |
| Net Increase / (Decrease) in cash equivalent (A+B+C)                     |    |   | 15,453 |  |   |   |   | (20,971 | ) |   |   |   | 28,595 |  |   |
| Add: Opening cash and cash equivalents                                   |    |   | 21,381 |  |   |   |   | 42,352 |  |   |   |   | 13,757 |  |   |
| Closing cash and cash equivalents at the end of the year                 |    |   | 36,834 |  |   |   |   | 21,381 |  |   |   |   | 42,352 |  |   |
| (Refer Note 14)                                                          |    |   |   |   |   |   |   |   |   |   |   |   |

|                                |
|--------------------------------|
|                                |  |  |
| For and on behalf of the Board |   |   |
|                           |   |
| sd                             |   | sd |
| M. V. Nair                     |   | Arun Thukral |
| Chairman/Director              |   | Managing Director |
|                           |   |
| sd                             |   | sd |
| Vivek Kumar Aggarwal           |   | Swati Naik |
| CFO & Exec. VP        |   | Company Secretary |
| Mumbai, June 11, 2013     |   |   |

----

|    |
|----|
|    |  |
| 1. | BACKGROUND |

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

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

|     |
|-----|
|     |  |
| 2.2 | Revenue recognition |

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

|        |
|--------|
|        |  |  |
|   | b) | Annual Membership Fees are recognised proportionately for the period of such membership. |

|        |
|--------|
|        |  |  |
|   | 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. |

|     |
|-----|
|     |  |
| 2.3 | Grants |

----

|     |
|-----|
|     |  |
| 2.4 | Foreign currency translation |

|     |
|-----|
|     |  |
| 2.5 | 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 | %  |
| Office Equipment              |    |   | 16.67 | %  |
| Furniture & Fixtures |    |   | 16.67 | %  |
| Electrical Installations      |    |   | 16.67 | %  |
| Vehicles                      |    |   | 25.00 | %  |
| Mobile Phones                 |    |   | 50.00 | %  |

|        |
|--------|
|        |  |  |  |
|   | * | During the year the estimated useful life of computers is revised to 5 years from 6 years in the previous year. |
|   | d) | Capital work-in-progress: |   |

|     |
|-----|
|     |  |
| 2.6 | 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 (six years in the previous year) 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: |

|     |
|-----|
|     |  |
| 2.7 | Operating leases |

----

|     |
|-----|
|     |  |
| 2.8 | Impairment of assets |

|     |
|-----|
|     |  |
| 2.9 | 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. |

|      |
|------|
|      |  |
| 2.10 | Cash and cash equivalents |

|      |
|------|
|      |  |
| 2.11 | Employee benefits |

|        |
|--------|
|        |  |  |
|   | a) | Liability in respect of Privilege Leave which is of short term nature and Leave Travel Allowance is provided based on the expected cost and period of service which entitles the employee to such benefits. |

|        |
|--------|
|        |  |  |
|   | b) | The Company’s contribution to Employees Provident Fund paid / payable during the year is recognised in the statement of profit and loss. |

|        |
|--------|
|        |  |  |
|   | c) | 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. |

|        |
|--------|
|        |  |  |
|   | d) | 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. |

|        |
|--------|
|        |  |  |
|   | e) | 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. |

----

|      |
|------|
|      |  |
| 2.12 | Taxes on income |

|      |
|------|
|      |  |
| 2.13 | Provisions and contingencies |

|      |
|------|
|      |  |
| 2.14 | Cash flow statement |

|                                                                                                                     |
|---------------------------------------------------------------------------------------------------------------------|
|                                                                                                                     |  |  |  |  |  |  |  |  |
|                                                                                                                |    | Mar 13Rs. (000’s) |   |    | Mar 12Rs. (000’s) |   |
|                                                                                                                |    | (Audited) |   |    | (Unaudited) |   |
| Authorised capital50,000,000 (31st March 2012: 50,000,000) equity shares of Rs.  10/- each                          |    |   | 500,000 |    |    |   | 500,000 |    |
| Issued, Subscribed and fully paid up shares25,000,000 (31st March 2012: 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. |

|                                                  |
|--------------------------------------------------|
|                                                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                             |    | Mar 31, 2013 |   |    | Mar 31, 2012 |   |
|                                             |    | (Audited) |   |    | (Unaudited) |   |
| 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 |

|                                     |
|-------------------------------------|
|                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                |    | Mar 31, 2013 |   |   | Mar 31, 2012 |   |
| Name of the shareholder             |    | (Audited) |   |   | (Unaudited) |   |
|                           | No (000’s) |   |    | % of Holding |   |   | No (000’s) |   |    | % of Holding |   |
| TransUnion International Inc. (USA) |    |   | 6,875 |    |    |   | 27.5 | %  |   |   | 6,875 |    |    |   | 27.5 | %  |
| State Bank of India                 |    |   | 2,500 |    |    |   | 10.0 | %  |   |   | 2,500 |    |    |   | 10.0 | %  |
| ICICI Bank Ltd                      |    |   | 2,500 |    |    |   | 10.0 | %  |   |   | 2,500 |    |    |   | 10.0 | %  |

|    |
|----|
|    |  |
| c. | Details of rights, preferences and restrictions attached to the equity shareholders: |

|                                                 |
|-------------------------------------------------|
|                                                 |  |  |  |  |  |  |  |  |  |
|                                            |    | Mar 13Rs. (000’s) |   |    | Mar 12Rs. (000’s) |   |
|                                            |    | (Audited) |   |    | (Unaudited) |   |
| General Reserve                                 |    |   |   |   |    |   |   |   |
| Balance as per last balance sheet               |    |   | 24,377 |    |    |   | — |  |    |
| Add: transfer from Statement of Profit and Loss |    |   | 44,363 |    |    |   | 24,377 |  |    |
| Closing Balance                                 |    |   | 68,740 |    |    |   | 24,377 |  |    |
| Surplus in the Statement of Profit and Loss     |    |   |   |   |    |   |   |   |
| Balance as per last balance sheet               |    |   | 925,326 |    |    |   | 682,788 |  |    |
| Add: Profit for the year                        |    |   | 443,625 |    |    |   | 325,026 |  |    |
| Less: Transferred to:                           |    |   |   |   |    |   |   |   |
| General Reserve                                 |    |   | 44,363 |    |    |   | 24,377 |  |    |
| Interim dividend                                |    |   | 125,000 |    |    |   | — |  |    |
| Final dividend                                  |    |   | 50,000 |    |    |   | 50,000 |  |    |
| Tax on dividend                                 |    |   | 28,776 |    |    |   | 8,111 |  |    |
| Total                                           |    |   | 248,139 |    |    |   | 82,488 |  |    |
| Closing balance                                 |    |   | 1,120,812 |    |    |   | 925,326 |  |    |
|                                            |    |   | 1,189,552 |    |    |   | 949,703 |  |    |

----

|                                                                      |
|----------------------------------------------------------------------|
|                                                                      |  |  |  |  |  |  |  |  |  |  |
|                                                                 |    | Mar 13 Rs. (000’s) |   |   | Mar 12 Rs. (000’s) |   |
|                                                                 |    | (Audited) |   |   | (Unaudited) |   |
| Deferred tax liabilities (A)                                         |    |   |   |   |   |   |   |   |
| Difference between the book balance and tax balance of fixed assets. |    |   | 34,987 |  |    |   |   | 34,669 |  |    |
| Deferred tax assets (B)                                              |    |   |   |   |   |   |   |   |
| Provision for employee benefits                                      |    |   | 14,203 |  |    |   |   | 14,998 |  |    |
| Provision for expenses                                               |    |   | 5,567 |  |    |   |   | 3,168 |  |    |
| Net deferred tax liabilities (A-B)                                   |    |   | 15,217 |  |    |   |   | 16,503 |  |    |
| Charge / (credit) for the year                                       |    |   | (1,286 | ) |   |   |   | (5,092 | ) |   |

|                 |
|-----------------|
|                 |  |  |  |  |  |  |  |  |
|            |    | Mar 13 Rs. (000’s) |   |    | Mar 12 Rs. (000’s) |   |
|            |    | (Audited) |   |    | (Unaudited) |   |
| Deferred income |    |   | 42 |    |    |   | 6,002 |    |
|            |    |   | 42 |    |    |   | 6,002 |    |

|                                                                       |
|-----------------------------------------------------------------------|
|                                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                             |    | Long-term |   |    | Short-term |   |
|                                                                  |    | Mar 13 Rs. (000’s) |   |    | Mar 12Rs. (000’s) |   |    | Mar 13 Rs. (000’s) |   |    | Mar 12 Rs. (000’s) |   |
|                                                                  |    | (Audited) |   |    | (Unaudited) |   |    | (Audited) |   |    | (Unaudited) |   |
| Provision for employee benefits                                       |    |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |
| Provision for gratuity                                                |    |   | 1,000 |  |    |    |   | 1,000 |  |    |    |   | — |  |    |    |   | — |  |    |
| Provision for compensated absences                                    |    |   | 37,340 |  |    |    |   | 24,890 |  |    |    |   | 3,447 |  |    |    |   | 2,837 |  |    |
| Provision for employee stock appreciation rights (refer note 21 (iv)) |    |   | 11,710 |  |    |    |   | 11,300 |  |    |    |   | 9,950 |  |    |    |   | 6,200 |  |    |
|                                                                  |    |   | 50,050 |  |    |    |   | 37,190 |  |    |    |   | 13,397 |  |    |    |   | 9,037 |  |    |
| Other provisions                                                      |    |   |   |   |    |   |   |   |    |   |   |   |    |   |   |   |
| Provision for income tax                                              |    |   | — |  |    |    |   | — |  |    |    |   | 11,986 |  |    |    |   | 18,605 |  |    |
| Provision for wealth tax                                              |    |   | — |  |    |    |   | — |  |    |    |   | — |  |    |    |   | 10 |  |    |
| Provision for proposed dividend                                       |    |   | — |  |    |    |   | — |  |    |    |   | 50,000 |  |    |    |   | 50,000 |  |    |
| Provision for dividend tax                                            |    |   | — |  |    |    |   | — |  |    |    |   | 8,497 |  |    |    |   | 8,111 |  |    |
|                                                                  |    |   | — |  |    |    |   | — |  |    |    |   | 70,483 |  |    |    |   | 76,726 |  |    |
|                                                                  |    |   | 50,050 |  |    |    |   | 37,190 |  |    |    |   | 83,880 |  |    |    |   | 85,763 |  |    |

----

|                                                      |
|------------------------------------------------------|
|                                                      |  |  |  |  |  |  |  |  |  |
|                                                 |    | Mar 13 Rs. (000’s) |   |    | Mar 12 Rs. (000’s) |   |
|                                                 |    | (Audited) |   |    | (Unaudited) |   |
|    Due to:                            |    |   |   |   |    |   |   |   |
| - Micro and small enterprises [refer foot note [i] ] |    |   | 74 |    |    |   | — |  |    |
| - Others                                             |    |   | 111,579 |    |    |   | 80,606 |  |    |
|                                                 |    |   | 111,653 |    |    |   | 80,606 |  |    |

|     |
|-----|
|     |  |
| (i) | Trade payables includes Rs. 74(000’s) (Previous Year Rs.  Nil/-) 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 due to be paid/ payable by the Company during the year to these “Suppliers” (Previous Year Rs.  Nil/-). |

|                        |
|------------------------|
|                        |  |  |  |  |  |  |  |  |
|                   |    | Mar 13 Rs. (000’s) |   |    | Mar 12 Rs. (000’s) |   |
|                   |    | (Audited) |   |    | (Unaudited) |   |
| Other payables         |    |   |   |   |    |   |   |   |
| Advance from customers |    |   | 7,946 |    |    |   | 12,053 |    |
| Unearned income        |    |   | 3,986 |    |    |   | 1,669 |    |
| Deferred income        |    |   | 4,050 |    |    |   | 3,410 |    |
| Taxes payable          |    |   | 7,491 |    |    |   | 2,238 |    |
| Others                 |    |   | 167 |    |    |   | 170 |    |
|                   |    |   | 23,640 |    |    |   | 19,540 |    |

----

|                                        |
|----------------------------------------|
|                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |  Rs. (000’s) |   |
|                                   | Gross block |   | Depreciation and amortisation |   | Net block |   |
| Description                            | As at Mar 31, 2012 |   | Additions  |   | Deductions |   | As at Mar 31, 2013 |   | As at Mar 31, 2012 |   | Charge  |   | Deductions |   | As at Mar 31, 2013 |   | As at Mar 31, 2013 |   | As at Mar 31, 2012 |   |
|                              | during the period |   | during the period |   |
| Tangible assets                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Leasehold improvements                 |   | 27,931 |  |   |   | — |  |   |   | 1,560 |  |   |   | 26,371 |  |   |   | 16,283 |  |   |   | 3,405 |  |   |   | 1,560 |  |   |   | 18,128 |  |   |   | 8,243 |  |   |   | 11,648 |   |   |
|                                   |   | (28,405 | ) |   |   | (—) |  |   |   | (474 | ) |   |   | (27,931 | ) |   |   | (13,352 | ) |   |   | (3,405 | ) |   |   | (474 | ) |   |   | (16,283 | ) |   |   | (11,648 | ) |   |   | (15,053 | ) |   |
| Computers (Refer note i)               |   | 172,714 |  |   |   | 28,124 |  |   |   | 140 |  |   |   | 200,698 |  |   |   | 84,536 |  |   |   | 36,667 |  |   |   | 103 |  |   |   | 121,100 |  |   |   | 79,598 |  |   |   | 88,178 |   |   |
|                                   |   | (165,605 | ) |   |   | (24,145 | ) |   |   | (17,036 | ) |   |   | (172,714 | ) |   |   | (76,629 | ) |   |   | (24,383 | ) |   |   | (16,476 | ) |   |   | (84,536 | ) |   |   | (88,178 | ) |   |   | (88,976 | ) |   |
| Office equipments                      |   | 10,066 |  |   |   | 96 |  |   |   | 68 |  |   |   | 10,094 |  |   |   | 5,824 |  |   |   | 1,074 |  |   |   | 49 |  |   |   | 6,849 |  |   |   | 3,245 |  |   |   | 4,242 |   |   |
|                                   |   | (11,836 | ) |   |   | (1,353 | ) |   |   | (3,123 | ) |   |   | (10,066 | ) |   |   | (5,498 | ) |   |   | (1,558 | ) |   |   | (1,232 | ) |   |   | (5,824 | ) |   |   | (4,242 | ) |   |   | (6,338 | ) |   |
| Furniture and fixtures                 |   | 4,856 |  |   |   | 471 |  |   |   | 590 |  |   |   | 4,737 |  |   |   | 3,368 |  |   |   | 407 |  |   |   | 590 |  |   |   | 3,185 |  |   |   | 1,552 |  |   |   | 1,488 |   |   |
|                                   |   | (4,840 | ) |   |   | (16 | ) |   |   | (—) |  |   |   | (4,856 | ) |   |   | (3,014 | ) |   |   | (354 | ) |   |   | (—) |  |   |   | (3,368 | ) |   |   | (1,488 | ) |   |   | (1,826 | ) |   |
| Electrical installations               |   | 392 |  |   |   | 6 |  |   |   | — |  |   |   | 398 |  |   |   | 189 |  |   |   | 48 |  |   |   | — |  |   |   | 237 |  |   |   | 161 |  |   |   | 203 |   |   |
|                                   |   | (418 | ) |   |   | (—) |  |   |   | (26 | ) |   |   | (392 | ) |   |   | (167 | ) |   |   | (48 | ) |   |   | (26 | ) |   |   | (189 | ) |   |   | (203 | ) |   |   | (251 | ) |   |
| Vehicles                               |   | 7,244 |  |   |   | 8,131 |  |   |   | 4,575 |  |   |   | 10,800 |  |   |   | 2,902 |  |   |   | 2,414 |  |   |   | 3,078 |  |   |   | 2,238 |  |   |   | 8,562 |  |   |   | 4,342 |   |   |
|                                   |   | (6,315 | ) |   |   | (929 | ) |   |   | (—) |  |   |   | (7,244 | ) |   |   | (1,126 | ) |   |   | (1,776 | ) |   |   | (—) |  |   |   | (2,902 | ) |   |   | (4,342 | ) |   |   | (5,190 | ) |   |
| Tangible assets total - current year   |   | 223,203 |  |   |   | 36,828 |  |   |   | 6,933 |  |   |   | 253,098 |  |   |   | 113,102 |  |   |   | 44,015 |  |   |   | 5,380 |  |   |   | 151,737 |  |   |   | 101,361 |  |   |   | 110,101 |   |   |
|                                   |   | (217,419 | ) |   |   | (26,443 | ) |   |   | (20,659 | ) |   |   | (223,203 | ) |   |   | (99,786 | ) |   |   | (31,524 | ) |   |   | (18,208 | ) |   |   | (113,102 | ) |   |   | (110,101 | ) |   |   | (117,634 | ) |   |
| Intangible assets                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Software (Refer note i)                |   | 215,500 |  |   |   | 46,297 |  |   |   | — |  |   |   | 261,797 |  |   |   | 122,543 |  |   |   | 39,411 |  |   |   | — |  |   |   | 161,954 |  |   |   | 99,843 |  |   |   | 92,957 |   |   |
|                                   |   | (233,993 | ) |   |   | (37,540 | ) |   |   | (56,033 | ) |   |   | (215,500 | ) |   |   | (154,529 | ) |   |   | (23,956 | ) |   |   | (55,942 | ) |   |   | (122,543 | ) |   |   | (92,957 | ) |   |   | (79,464 | ) |   |
| Trademark                              |   | 176 |  |   |   | — |  |   |   | (—) |  |   |   | 176 |  |   |   | 51 |  |   |   | 35 |  |   |   | — |  |   |   | 86 |  |   |   | 90 |  |   |   | 125 |   |   |
|                                   |   | (176 | ) |   |   | (—) |  |   |   | (—) |  |   |   | (176 | ) |   |   | (9 | ) |   |   | (42 | ) |   |   | (—) |  |   |   | (51 | ) |   |   | (125 | ) |   |   | (166 | ) |   |
| Intangible assets total - current year |   | 215,676 |  |   |   | 46,297 |  |   |   | — |  |   |   | 261,973 |  |   |   | 122,594 |  |   |   | 39,446 |  |   |   | — |  |   |   | 162,040 |  |   |   | 99,933 |  |   |   | 93,082 |   |   |
|                                   |   | (234,169 | ) |   |   | (37,540 | ) |   |   | (56,033 | ) |   |   | (215,676 | ) |   |   | (154,538 | ) |   |   | (23,998 | ) |   |   | (55,942 | ) |   |   | (122,594 | ) |   |   | (93,082 | ) |   |   | (79,630 | ) |   |
| Intangible assets under Development    |   | 10,863 |  |   |   | — |  |   |   | 10,863 |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | — |  |   |   | 10,863 |   |   |
|                                   |   | (8,504 | ) |   |   | (8,869 | ) |   |   | (6,510 | ) |   |   | (10,863 | ) |   |   | (—) |  |   |   | (—) |  |   |   | (—) |  |   |   | (—) |  |   |   | (10,863 | ) |   |   | (8,504 | ) |   |
| Current Period - TOTAL                 |   | 449,742 |  |   |   | 83,125 |  |   |   | 17,796 |  |   |   | 515,071 |  |   |   | 235,696 |  |   |   | 83,461 |  |   |   | 5,380 |  |   |   | 313,777 |  |   |   | 201,294 |  |   |   | 214,046 |   |   |
| Previous Year                          |   | (460,092 | ) |   |   | (72,852 | ) |   |   | (83,202 | ) |   |   | (449,742 | ) |   |   | (254,324 | ) |   |   | (55,522 | ) |   |   | (74,150 | ) |   |   | (235,696 | ) |   |   | (214,046 | ) |   |   | (205,768 | ) |   |

|      |
|------|
|      |  |  |
| (i)  | The Company has revised the estimated useful life of Computers and Software from 6 years to 5 years in the current year. Consequently, the depreciation charge for the year is higher by Rs.  13,310(000's) (Previous year Rs.  Nil/-(000's)). |
| (ii) | The figures in brackets indicate Previous Year (unaudited). |   |

----

|                                                                                           |
|-------------------------------------------------------------------------------------------|
|                                                                                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                 |   |   |   |   |   |   |   | Mar 13 Rs. (000’s) |   |   | Mar 12Rs. (000’s) |   |
|                                                                                      |   |   |   |   |   |   |   | (Audited) |   |   | (Unaudited) |   |
| Quoted Investments                                                                        |   |   | No of Bonds |    |   |   | Face Value (Rs.) |  |   |   |   |   |   |   |   |   |   |
| 7.38%, Rural Electrification Corporation Ltd.                                             |   |   | 20,000 |    |   |   | 1,000 |  |    |   |   | 20,000 |    |   |   | — |  |    |
| 7.36%, Power Finance Corporation Ltd.                                                     |   |   | 20,000 |    |   |   | 1,000 |  |    |   |   | 20,000 |    |   |   | — |  |    |
| 7.08%, Indian Infrastructure Finance Co. Ltd.                                             |   |   | 20,000 |    |   |   | 1,000 |  |    |   |   | 20,000 |    |   |   | — |  |    |
| 7.40%, Indian Infrastructure Finance Co. Ltd.                                             |   |   | 20,000 |    |   |   | 1,000 |  |    |   |   | 20,000 |    |   |   | — |  |    |
| 7.34%, Indian Railway Finance Corpn. Ltd.                                                 |   |   | 20,000 |    |   |   | 1,000 |  |    |   |   | 20,000 |    |   |   | — |  |    |
| 7. 04%, Indian Railway Finance Corpn. Ltd.                                                |   |   | 20,000 |    |   |   | 1,000 |  |    |   |   | 20,000 |    |   |   | — |  |    |
|                                                                                      |   |   |   |   |   |   |   |   |   |   | 120,000 |    |   |   | — |  |    |
| (Aggregate market value of quoted securities as on 31.03.13 isRs. 121,080 (000’s) ) |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| All Investments are made in the current year                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

|                                        |
|----------------------------------------|
|                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                   |    | Long-term |   |   | Short-term |   |
|                                   |    | Mar 13 Rs. (000’s) |   |   | Mar 12Rs. (000’s) |   |   | Mar 13 Rs. (000’s) |   |    | Mar 12Rs. (000’s) |   |
|                                   |    | (Audited) |   |   | (Unaudited) |   |   | (Audited) |   |    | (Unaudited) |   |
| Unsecured, considered good             |    |   |   |   |   |   |   |   |   |   |   |   |    |   |   |   |
| (unless otherwise stated)              |    |   |   |   |   |   |   |   |   |   |   |   |    |   |   |   |
| (a) Capital advances                   |    |   | 3,923 |  |   |   |   | 8,865 |  |    |   |   | — |  |    |    |   | — |  |    |
| (b) Other loans & advances    |    |   |   |   |   |   |   |   |   |   |   |   |    |   |   |   |
| Advance income tax (doubtful)          |    |   | 2,550 |  |   |   |   | 1,227 |  |    |   |   | — |  |   |    |   | — |  |   |
| Less: Provision for doubtful TDS       |    |   | (2,550 | ) |   |   |   | (1,227 | ) |   |   |   | — |  |    |    |   | — |  |    |
|                                   |    |   | — |  |   |   |   | — |  |    |   |   | — |  |    |    |   | — |  |    |
| Advance income tax                     |    |   | 20,147 |  |   |   |   | 24,617 |  |    |   |   | — |  |    |    |   | — |  |    |
| Deposit with Financial Institution     |    |   | 105,000 |  |   |   |   | 105,000 |  |    |   |   | 95,000 |  |    |    |   | 13,000 |  |    |
| Advance wealth tax                     |    |   | 19 |  |   |   |   | 19 |  |    |   |   | — |  |    |    |   | — |  |    |
| Deposits                               |    |   | 10,908 |  |   |   |   | 10,908 |  |    |   |   | — |  |    |    |   | — |  |    |
| Prepaid expenses                       |    |   | 2,104 |  |   |   |   | 2,621 |  |    |   |   | 18,223 |  |    |    |   | 22,534 |  |    |
| Employee advances (refer footnote (i)) |    |   | — |  |   |   |   | — |  |    |   |   | 1,921 |  |    |    |   | 786 |  |    |
| Other advances                         |    |   | — |  |   |   |   | — |  |    |   |   | 830 |  |    |    |   | 1,206 |  |    |
|                                   |    |   | 142,101 |  |   |   |   | 152,030 |  |    |   |   | 115,974 |  |    |    |   | 37,526 |  |    |

|     |
|-----|
|     |  |
| (i) | Employee advances includes advance against salary outstanding of Rs. 971 (000’s) due from Mr. Arun Thukral (Managing Director) as on Mar 31, 2013 (Previous Year Rs. 146 (000’s) |

----

|                                                                                                         |
|---------------------------------------------------------------------------------------------------------|
|                                                                                                         |  |  |  |  |  |  |  |  |  |  |
|                                                                                                    |   | Mar 13Rs. (000’s) |   |   | Mar 12Rs. (000’s) |   |
|                                                                                                    |   | (Audited) |   |   | (Unaudited) |   |
| Unsecured, considered good:                                                                             |   |   |   |   |   |   |   |   |
| - Trade receivables outstanding for a period exceeding 6 months from the date they were due for payment |   |   | — |  |    |   |   | — |  |    |
| - Other trade receivables                                                                               |   |   | 197,855 |  |    |   |   | 135,504 |  |    |
|                                                                                                    |   |   | 197,855 |  |    |   |   | 135,504 |  |    |

|                                                                             |
|-----------------------------------------------------------------------------|
|                                                                             |  |  |  |  |  |  |  |  |  |
|                                                                        |    | Mar 13Rs. (000’s) |   |    | Mar 12Rs. (000’s) |   |
|                                                                        |    | (Audited) |   |    | (Unaudited) |   |
| Cash and cash equivalents as per Accounting Standard 3                      |    |   |   |   |    |   |   |   |
| Cash on hand                                                                |    |   | 18 |    |    |   | — |  |    |
| Remittance in transit                                                       |    |   | 33,100 |    |    |   | — |  |    |
| Balances with Banks:                                                        |    |   |   |   |    |   |   |   |
| Current accounts                                                            |    |   | 3,716 |    |    |   | 21,381 |  |    |
|                                                                        |    |   | 36,834 |    |    |   | 21,381 |  |    |
| Other bank balances                                                         |    |   |   |   |    |   |   |   |
| Deposits with remaining maturity more than 3 months but less than 12 months |    |   | 313,500 |    |    |   | 729,500 |  |    |
| Deposits with remaining maturity more than 12 months                        |    |   | 577,900 |    |    |   | 142,500 |  |    |
|                                                                        |    |   | 891,400 |    |    |   | 872,000 |  |    |
|                                                                        |    |   | 928,234 |    |    |   | 893,381 |  |    |

|                                    |
|------------------------------------|
|                                    |  |  |  |  |  |  |  |  |  |
|                               |    | Mar 13Rs. (000’s) |   |    | Mar 12Rs. (000’s) |   |
|                               |    | (Audited) |   |    | (Unaudited) |   |
| Unsecured, considered good;        |    |   |   |   |    |   |   |   |
| Interest accrued on fixed deposits |    |   | 15,196 |  |    |    |   | 10,177 |    |
| Service tax recoverable            |    |   | 3,380 |  |    |    |   | 1,260 |    |
| Interest on income tax refund      |    |   | — |  |    |    |   | 1,383 |    |
|                               |    |   | 18,576 |  |    |    |   | 12,820 |    |

----

|                                 |
|---------------------------------|
|                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                            |    | Mar 13 Rs. (000’s) |   |    | Mar 12 Rs. (000’s) |   |    | Mar 11 Rs. (000’s) |   |
|                            |    | (Audited) |   |    | (Unaudited) |   |    | (Unaudited) |   |
| Sale of Services                |    |   |   |   |    |   |   |   |    |   |   |   |
| Membership fees                 |    |   | 29,196 |    |    |   | 30,522 |    |    |   | 27,671 |  |    |
| Service reports fees            |    |   | 1,262,910 |    |    |   | 988,596 |    |    |   | 707,579 |  |    |
| Other operating income          |    |   |   |   |    |   |   |   |    |   |   |   |
| Grants                          |    |   | 5,320 |    |    |   | 7,184 |    |    |   | 21,282 |  |    |
| Decision centre service credits |    |   | 6,615 |    |    |   | 3,821 |    |    |   | — |  |    |
|                            |    |   | 1,304,041 |    |    |   | 1,030,123 |    |    |   | 756,532 |  |    |

|                                          |
|------------------------------------------|
|                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                     |    | Mar 13 Rs. (000’s) |   |    | Mar 12 Rs. (000’s) |   |    | Mar 11 Rs. (000’s) |   |
|                                     |    | (Audited) |   |    | (Unaudited) |   |    | (Unaudited) |   |
| Interest income comprises of:            |    |   |   |   |    |   |   |   |    |   |   |   |
| Interest income on fixed deposits        |    |   | 106,337 |  |    |    |   | 79,231 |  |    |    |   | 46,645 |  |    |
| Interest on tax free bonds               |    |   | 1,258 |  |    |    |   | — |  |    |    |   | — |  |    |
| Interest from customers                  |    |   | 71 |  |    |    |   | — |  |    |    |   | 378 |  |    |
| Interest on tax refunds                  |    |   | — |  |    |    |   | 2,430 |  |    |    |   | 1,176 |  |    |
| Interest Others                          |    |   | 746 |  |    |    |   | — |  |    |    |   | — |  |    |
| Other non-operating income               |    |   |   |   |    |   |   |   |    |   |   |   |
| Profit on Sale of Assets (net)           |    |   | 422 |  |    |    |   | — |  |    |    |   | — |  |    |
| Miscellaneous income                     |    |   | 10,689 |  |    |    |   | 4,380 |  |    |    |   | 1,585 |  |    |
| Reversal of provision for doubtful debts |    |   | — |  |    |    |   | — |  |    |    |   | 290 |  |    |
|                                     |    |   | 119,523 |  |    |    |   | 86,041 |  |    |    |   | 50,074 |  |    |

|                                                  |
|--------------------------------------------------|
|                                                  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                             |    | Mar 13 Rs. (000’s) |   |    | Mar 12 Rs. (000’s) |   |    | Mar 11 Rs. (000’s) |   |
|                                             |    | (Audited) |   |    | (Unaudited) |   |    | (Unaudited) |   |
| Salaries and allowances                          |    |   | 161,319 |    |    |   | 137,696 |    |    |   | 99,858 |    |
| Contribution to provident and other funds        |    |   | 8,108 |    |    |   | 6,814 |    |    |   | 6,335 |    |
| Provision for employee stock appreciation rights |    |   | 7,825 |    |    |   | 11,500 |    |    |   | 6,000 |    |
| Staff welfare expenses                           |    |   | 12,266 |    |    |   | 11,652 |    |    |   | 9,850 |    |
|                                             |    |   | 189,518 |    |    |   | 167,662 |    |    |   | 122,043 |    |

----

|                                                   |
|---------------------------------------------------|
|                                                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                              |    | Mar 13 Rs. (000’s) |   |    | Mar 12Rs. (000’s) |   |    | Mar 11Rs. (000’s) |   |
|                                              |    | (Audited) |   |    | (Unaudited) |   |    | (Unaudited) |   |
| Office rent                                       |    |   | 58,065 |  |    |    |   | 58,048 |    |    |   | 57,802 |  |    |
| Electricity charges                               |    |   | 3,040 |  |    |    |   | 4,963 |    |    |   | 6,665 |  |    |
| Repairs and maintenance:                          |    |   |   |   |    |   |   |   |    |   |   |   |
| Computers and server expenses                     |    |   | 33,592 |  |    |    |   | 30,628 |    |    |   | 32,244 |  |    |
| Software support expenses                         |    |   | 44,058 |  |    |    |   | 29,111 |    |    |   | 21,287 |  |    |
| Building repairs                                  |    |   | 597 |  |    |    |   | 616 |    |    |   | 1,224 |  |    |
| Office maintenance and services                   |    |   | 3,940 |  |    |    |   | 3,968 |    |    |   | 2,514 |  |    |
| Other repairs                                     |    |   | 27 |  |    |    |   | 152 |    |    |   | — |  |    |
| Insurance charges                                 |    |   | 696 |  |    |    |   | 654 |    |    |   | 400 |  |    |
| Rates and taxes                                   |    |   | 759 |  |    |    |   | 889 |    |    |   | 1,813 |  |    |
| Travelling and conveyance                         |    |   | 10,785 |  |    |    |   | 8,561 |    |    |   | 7,685 |  |    |
| Data centre fees                                  |    |   | 25,043 |  |    |    |   | 14,149 |    |    |   | — |  |    |
| Legal and professional services                   |    |   | 78,311 |  |    |    |   | 76,910 |    |    |   | 55,483 |  |    |
| Auditors’ remuneration (refer footnote (i)) |    |   | 1,507 |  |    |    |   | 1,008 |    |    |   | 885 |  |    |
| Advertising and business development expenses     |    |   | 29,547 |  |    |    |   | 17,287 |    |    |   | 9,303 |  |    |
| Other operating expenses                          |    |   | 10,463 |  |    |    |   | 10,841 |    |    |   | 10,756 |  |    |
| Director’s sitting fees                     |    |   | 1,215 |  |    |    |   | 570 |    |    |   | 515 |  |    |
| Donation                                          |    |   | 5 |  |    |    |   | 355 |    |    |   | 56 |  |    |
| Bank charges                                      |    |   | 1,562 |  |    |    |   | 822 |    |    |   | 307 |  |    |
| Provision for doubtful advances and TDS           |    |   | 1,732 |  |    |    |   | 895 |    |    |   | 743 |  |    |
| Loss on sale of fixed assets                      |    |   | — |  |    |    |   | 2,119 |    |    |   | 779 |  |    |
| Loss on foreign exchange fluctuations (net)       |    |   | 17 |  |    |    |   | 3 |    |    |   | — |  |    |
|                                              |    |   | 304,961 |  |    |    |   | 262,549 |    |    |   | 210,461 |  |    |
| Footnote:                                         |    |   |   |   |    |   |   |   |    |   |   |   |
| (i) Auditors’ remuneration:                 |    |   |   |   |    |   |   |   |    |   |   |   |
| a) For audit                                      |    |   | 800 |  |    |    |   | 700 |    |    |   | 600 |  |    |
| b) For tax audit                                  |    |   | 240 |  |    |    |   | 210 |    |    |   | 180 |  |    |
| c) For taxation matters                           |    |   | 15 |  |    |    |   | 20 |    |    |   | — |  |    |
| d) For other services                             |    |   | 450 |  |    |    |   | 75 |    |    |   | 100 |  |    |
| e) For reimbursement of expenses                  |    |   | 2 |  |    |    |   | 3 |    |    |   | 5 |  |    |
|                                              |    |   | 1,507 |  |    |    |   | 1,008 |    |    |   | 885 |  |    |

|                                                      |
|------------------------------------------------------|
|                                                      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                 |    | Mar 13 Rs. (000’s) |   |    | Mar 12Rs. (000’s) |   |    | Mar 11Rs. (000’s) |   |
|                                                 |    | (Audited) |   |    | (Unaudited) |   |    | (Unaudited) |   |
| Interest on delayed / deferred payment of income tax |    |   | — |  |    |    |   | 1,211 |  |    |    |   | 1,220 |  |    |
| Interest on Bank Overdraft                           |    |   | 8 |  |    |    |   | — |  |    |    |   | — |  |    |
| Interest on tax refund reversed                      |    |   | 1,167 |  |    |    |   | — |  |    |    |   | — |  |    |
|                                                 |    |   | 1,175 |  |    |    |   | 1,211 |  |    |    |   | 1,220 |  |    |

----

|     |
|-----|
|     |  |
| (i) | Salaries and allowances includes Rs. 20,068 (000’s) - [(FY 2011-12 (Unaudited) Rs. 8,633 (000’s) and (FY 2010-11 (Unaudited) Rs. 6,746 (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. 6,179 (000’s) [(FY 2011-12 (Unaudited) Rs. 5,604 (000’s) and ((FY 2010-11 (Unaudited)                 Rs. 4,242 (000’s)) have been recognised in the Statement of Profit and Loss. |

|       |
|-------|
|       |  |
| (iii) | Gratuity is currently valued on estimated basis and the Gratuity valuation is certified by the actuary and relied upon by the auditors. |

|                                                       |
|-------------------------------------------------------|
|                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                  |    | Current YearRs. (000’s) |   |   | FY 2011-12Rs. (000’s) |   |   | FY 2010-11Rs. (000’s) |   |
|                                                  |    | (Audited) |   |   | (Unaudited) |   |   | (Unaudited) |   |
| Current service cost                                  |    |   | 1,305 |  |    |   |   | 1,159 |  |    |   |   | 835 |  |    |
| Interest cost on benefit obligation                   |    |   | 610 |  |    |   |   | 444 |  |    |   |   | 290 |  |    |
| Expected/Actual Return on Plan Assets                 |    |   | (561 | ) |   |   |   | (513 | ) |   |   |   | (158 | ) |   |
| Net actuarial Losses / (Gains) recognised in the year |    |   | 520 |  |   |   |   | 105 |  |    |   |   | 619 |  |    |
| Past Service Cost                                     |    |   | 76 |  |   |   |   | 76 |  |    |   |   | 76 |  |    |
| Other effects of limit of Para 59(b)                  |    |   | (21 | ) |   |   |   | 7 |  |    |   |   | — |  |    |
| Net benefit expense                                   |    |   | 1,929 |  |    |   |   | 1,278 |  |    |   |   | 1,662 |  |    |
| Charge to Statement of Profit & Loss         |    |   | 1,929 |  |    |   |   | 1,278 |  |    |   |   | 1,662 |  |    |
| Actual return on plan assets                          |    |   | 686 |  |    |   |   | 585 |  |    |   |   | 318 |  |    |

|                                                      |
|------------------------------------------------------|
|                                                      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                 |    | Current YearRs. (000’s) |   |   | FY 2011-12Rs. (000’s) |   |   | FY 2010-11Rs. (000’s) |   |
|                                                 |    | (Audited) |   |   | (Unaudited) |   |   | (Unaudited) |   |
| Opening defined obligation                           |    |   | 6,026 |  |    |   |   | 4,297 |  |    |   |   | 2,716 |  |    |
| Interest cost                                        |    |   | 610 |  |    |   |   | 444 |  |    |   |   | 290 |  |    |
| Current service cost                                 |    |   | 1,305 |  |    |   |   | 1,159 |  |    |   |   | 835 |  |    |
| Benefits paid                                        |    |   | (637 | ) |   |   |   | (51 | ) |   |   |   | (323 | ) |   |
| Actuarial (Gains)/Losses on obligations              |    |   | 700 |  |    |   |   | 177 |  |    |   |   | 779 |  |    |
| Past service cost                                    |    |   | — |  |    |   |   | — |  |    |   |   | — |  |    |
| Closing defined benefit obligation                   |    |   | 8,004 |  |    |   |   | 6,026 |  |    |   |   | 4,297 |  |    |
| Expected Employer’s contribution for next year |    |   | 2,500 |  |    |   |   | 2,000 |  |    |   |   | 2,400 |  |    |

----

|                                   |
|-----------------------------------|
|                                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                              |    | Current YearRs. (000’s) |   |   | FY 2011-12Rs. (000’s) |   |   | FY 2010-11Rs. (000’s) |   |
|                              |    | (Audited) |   |   | (Unaudited) |   |   | (Unaudited) |   |
| Opening fair value of plan assets |    |   | 7,645 |  |    |   |   | 4,284 |  |    |   |   | 2,011 |  |    |
| Expected Return on plan assets    |    |   | 561 |  |    |   |   | 513 |  |    |   |   | 158 |  |    |
| Acturial Gain / (Losses)          |    |   | 125 |  |    |   |   | 72 |  |    |   |   | 161 |  |    |
| Contributions by employer         |    |   | 696 |  |    |   |   | 2,827 |  |    |   |   | 2,277 |  |    |
| Benefits Paid                     |    |   | (637 | ) |   |   |   | (51 | ) |   |   |   | (323 | ) |   |
| Closing fair value of plan assets |    |   | 8,390 |  |    |   |   | 7,645 |  |    |   |   | 4,284 |  |    |

|                                                                        |
|------------------------------------------------------------------------|
|                                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                   |    | Current YearRs. (000’s) |   |   | FY 2011-12Rs. (000’s) |   |   | FY 2010-11Rs. (000’s) |   |
|                                                                   |    | (Audited) |   |   | (Unaudited) |   |   | (Unaudited) |   |
| Present value of the defined benefit obligation at the end of the year |    |   | (8,004 | ) |   |   |   | (6,026 | ) |   |   |   | (4,297 | ) |   |
| Fair value of plan assets at the end of the year                       |    |   | 8,390 |  |    |   |   | 7,645 |  |    |   |   | 4,284 |  |    |
| Net Asset/(Liability)                                                  |    |   | 386 |  |    |   |   | 1,619 |  |    |   |   | (13 | ) |   |
| Unrecognised past service cost                                         |    |   | — |  |   |   |   | 76 |  |    |   |   | 152 |  |    |
| Excess provision for earlier years                                     |    |   | — |  |   |   |   | (7 | ) |   |   |   | — |  |    |
| Net Asset / (Liability) recognised in the Balance Sheet                |    |   | 386 |  |    |   |   | 1,688 |  |    |   |   | 139 |  |    |

|                                     |
|-------------------------------------|
|                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                |    | 31.03.2013Rs. (000’s) |   |   | 31.03.2012Rs. (000’s) |   |    | 31.03.2011Rs. (000’s) |   |   | 31.03.2010Rs. (000’s) |   |   | 31.03.2009Rs. (000’s) |   |
|                                |    | (Audited) |   |   | (Unaudited) |   |    | (Unaudited) |   |   | (Unaudited) |   |   | (Unaudited) |   |
| Defined benefit obligation          |    |   | 8,004 |  |    |   |   | 6,026 |  |    |    |   | 4,297 |  |    |   |   | 2,716 |  |    |   |   | 1,633 |  |    |
| Plan assets                         |    |   | 8,390 |  |    |   |   | 7,645 |  |    |    |   | 4,284 |  |    |   |   | 2,011 |  |    |   |   | 990 |  |    |
| Surplus /(Deficit)                  |    |   | 386 |  |    |   |   | 1,619 |  |    |    |   | (13 | ) |   |   |   | (705 | ) |   |   |   | (643 | ) |   |
| Exp. Adjustment on plan liabilities |    |   | (206 | ) |   |   |   | 337 |  |    |    |   | 779 |  |    |   |   | 71 |  |    |   |   | (72 | ) |   |
| Exp. Adjustment on plan assets      |    |   | 14 |  |    |   |   | 72 |  |    |    |   | 161 |  |    |   |   | 49 |  |    |   |   | 17 |  |    |

|                                         |
|-----------------------------------------|
|                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                    |    | Current Year |   |    | FY 2011-12 |   |    | FY 2010-11 |   |
|                                    |    | (Audited) |   |    | (Unaudited) |   |    | (Unaudited) |   |
|                                    |    | % |   |    | % |   |    | % |   |
| Central and State Government Securities |    |   | 53 |  |    |    |   | 53 |  |    |    |   | 53 |  |    |
| Bonds/ Debenture                        |    |   | 43 |  |    |    |   | 43 |  |    |    |   | 43 |  |    |
| Equity Shares                           |    |   | 4 |  |    |    |   | 4 |  |    |    |   | 4 |  |    |
| Money Market Instruments / FD           |    |   | — |  |    |    |   | — |  |    |    |   | — |  |    |
| TOTAL                                   |    |   | 100 |  |    |    |   | 100 |  |    |    |   | 100 |  |    |

----

|                                   |
|-----------------------------------|
|                                   |  |  |  |  |  |  |
|                              |    | Current Year |   | FY2011-12 |   | FY2010-11 |
|                              |    | (Audited) |   | (Unaudited) |   | (Unaudited) |
| Discount Rate                     |    | 8.05% |   | 8.30% |   | 8.30% |
| Expected rate of return on assets |    | 7.50% |   | 7.50% |   | 7.50% |
| Salary escalation                 |    | 10.00% |   | 9.00% |   | 9.00% |
| Mortality                         |    | Indian Assured |   | LIC (1994-96) |   | LIC (1994-96) |
|                              |    | Lives (2006-08) |   | Mortality Table |   | Mortality Table |
|                              |    | ULT Table |   |   |   |   |

|      |
|------|
|      |  |
| (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. 7,824(000’s), [FY2011- 12 (Unaudited): Rs. (11,500 (000’s))] and {(FY 2010-11 (Unaudited): Rs. (6,000 (000’s))], for such appreciation in value. |

|                                                        |
|--------------------------------------------------------|
|                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                   |    | Current yearRs. (000’s) |   |    | FY 2011-12Rs. (000’s) |   |    | FY 2010-11Rs. (000’s) |   |
|                                                   |    | (Audited) |   |    | (Unaudited) |   |    | (Unaudited) |   |
| Net Dividend remitted in foreign exchange:             |    |   |   |   |    |   |   |   |    |   |   |   |
| Final Dividend:                                        |    |   |   |   |    |   |   |   |    |   |   |   |
| Period to which it relates                             |    |   | Apr 11 to Mar 12 |  |    |    |   | Apr 10 to Mar 11 |  |    |    |   | NA |  |    |
| No of non resident shareholders                        |    |   | 1 |  |    |    |   | 1 |  |    |    |   | — |  |    |
| Number of equity shares held by them (Nos 000’s) |    |   | 6,875 |  |    |    |   | 4,998 |  |    |    |   | — |  |    |
| Amount in Rs. (000’s)                            |    |   | 13,750 |  |    |    |   | 4,998 |  |    |    |   | NA |  |    |
| Interim Dividend:                                      |    |   |   |   |    |   |   |   |    |   |   |   |
| Period to which it relates                             |    |   | Apr 12 to Mar 13 |  |    |    |   | NA |  |    |    |   | NA |  |    |
| No of non resident shareholders                        |    |   | 1 |  |    |    |   | — |  |    |    |   | — |  |    |
| Number of equity shares held by them (Nos 000’s) |    |   | 6,875 |  |    |    |   | — |  |    |    |   | — |  |    |
| Amount in Rs. (000’s)                            |    |   | 34,375 |  |    |    |   | NA |  |    |    |   | NA |  |    |
| Others Matters:                                        |    |   |   |   |    |   |   |   |    |   |   |   |
| Director Fees                                          |    |   | 229 |  |    |    |   | 110 |  |    |    |   | — |  |    |
| Professional Fees                                      |    |   | 941 |  |    |    |   | 376 |  |    |    |   | — |  |    |
| Travelling Expenses                                    |    |   | — |  |    |    |   | — |  |    |    |   | 183 |  |    |
| Training Expenses                                      |    |   | — |  |    |    |   | — |  |    |    |   | 1,801 |  |    |
|                                                   |    |   | 1,170 |  |    |    |   | 486 |  |    |    |   | 1,984 |  |    |

----

|                                                   |
|---------------------------------------------------|
|                                                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                              |    | Mar 31, 2013 Rs. (000’s) |   |    | Mar 31, 2012Rs. (000’s) |   |    | Mar 31, 2011Rs. (000’s) |   |
|                                              |    | (Audited) |   |    | (Unaudited) |   |    | (Unaudited) |   |
| not later than one year                           |    |   | 24,187 |  |    |    |   | 58,048 |  |    |    |   | 58,048 |  |    |
| later than one year but not later than five years |    |   | — |  |    |    |   | 24,187 |  |    |    |   | 82,234 |  |    |
| later than five years                             |    |   | — |  |    |    |   | — |  |    |    |   | — |  |    |

|                                                       |
|-------------------------------------------------------|
|                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                             |    | Mar 31, 2013 Rs. (000’s) |   |    | Mar 31, 2012Rs. (000’s) |   |    | Mar 31, 2011Rs. (000’s) |   |
|                                                  |    | (Audited) |   |    | (Unaudited) |   |    | (Unaudited) |   |
| (i) Claims against Company not acknowledged as debts: |    |   |   |   |    |   |   |   |    |   |   |   |
| (a) In respect of Service Tax matters                 |    |   | 1,770 |  |    |    |   | 1,770 |  |    |    |   | 1,770 |  |    |
| (b) Other Claims                                      |    |   | 3,500 |  |    |    |   | 3,500 |  |    |    |   | — |  |    |

|      |
|------|
|      |  |
| (ii) | The Company is a defendant in various legal actions and a party to claims which arose during the ordinary course 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. |

|                                                               |
|---------------------------------------------------------------|
|                                                               |  |  |  |  |  |  |  |  |
|                                                          |    | Mar 31, 2013Rs. (000’s) |   |    | Mar 31, 2012Rs. (000’s) |   |
|                                                          |    | (Audited) |   |    | (Unaudited) |   |
| (i) Estimated amount of contracts remaining to be executed on |    |   |   |   |    |   |   |   |
| Capital account and not provided for:                         |    |   |   |   |    |   |   |   |
| Tangible Assets                                               |    |   | 2,149 |    |    |   | -   |    |
| Intangible Assets                                             |    |   | 22,682 |    |    |   | 466 |    |
| Total Commitments                                             |    |   | 24,831 |    |    |   | 466 |    |
| Advances paid against such contracts                          |    |   | 3,923 |    |    |   | 8,865 |    |

|      |
|------|
|      |  |
| (ii) | Other Commitments |

----

|                                          |
|------------------------------------------|
|                                          |  |  |
| 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 Personnel             |    | Mr Arun Thukral (Managing Director) |

|      |
|------|
|      |  |
| (ii) | Details of related party transactions during the year ended Mar 31, 2013 and outstanding balance as on Mar 31, 2013: |

|                      |
|----------------------|
|                      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                 |    | Mar 31, 2013Rs. (000’s) |   |    | Mar 31, 2012 Rs. (000’s) |   |    | Mar 31, 2011 Rs. (000’s) |   |
|                 |    | (Audited) |   |    | (Unaudited) |   |    | (Unaudited) |   |
| Managing Director    |    |   |   |   |    |   |   |   |    |   |   |   |
| Mr Arun Thukral      |    |   |   |   |    |   |   |   |    |   |   |   |
| Remuneration *       |    |   | 18,063 |  |    |    |   | 13,224 |  |    |    |   | 13,396 |  |    |
| Outstanding Advances |    |   | 971 |  |    |    |   | 146 |  |    |    |   | — |  |    |

|   |
|---|
|   |  |
| * | Leave encashment, Gratuity and ESAR are included on payment basis |

|                                                |
|------------------------------------------------|
|                                                |  |  |  |  |  |  |  |  |  |  |  |  |
|                                           |    | Mar 31, 2013 Rs. (000’s) |   |    | Mar 31, 2012 Rs. (000’s) |   |    | Mar 31, 2011 Rs. (000’s) |   |
|                                           |    | (Audited) |   |    | (Unaudited) |   |    | (Unaudited) |   |
| Profit for the year after tax Rs.(000’s) |    |   | 443,625 |    |    |   | 325,026 |    |    |   | 214,919 |    |
| Weighted average number of                     |    |   |   |   |    |   |   |   |    |   |   |   |
| Equity shares outstanding (No 000’s)     |    |   | 25,000 |    |    |   | 25,000 |    |    |   | 25,000 |    |
| Earnings per share (Rs.)                       |    |   | 17.74 |    |    |   | 13.00 |    |    |   | 8.60 |    |
| (a)/(b) {Basic and Diluted}                    |    |   |   |   |    |   |   |   |    |   |   |   |

----

|                      |
|----------------------|
|                      |  |  |
| sd                   |    | sd |
| M.V. Nair            |    | Arun Thukral |
| Chairman             |    | Managing Director |
|                 |   |
| sd                   |    | sd |
| Vivek Kumar Aggarwal |    | Swati Naik |
| CFO and Exec. VP     |    | Company Secretary |