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CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
12 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2013
Revenues      
Total revenues $ 15,338,176 $ 16,120,797 $ 15,658,704
Cost of revenues (excluding depreciation and amortization separately disclosed below) (See Note 13)      
Total cost of revenues 10,835,917 10,413,064 9,951,884
Operating expenses      
Sales and marketing (See Note 14) 5,478,876 3,896,073 3,266,790
Product development 2,323,759 2,287,488 2,920,824
Depreciation and amortization 1,719,327 3,060,269 3,664,376
General and administrative 6,689,128 7,239,847 7,615,588
Goodwill Impairment (See Note 7) 0 0 2,000,000
Long-lived assets impairment (See Note 5 and 8) 3,200,089 1,590,371 0
Foreign exchange loss (gain), net 123,274 (26,003) 103,744
Total operating expenses 19,534,453 18,048,045 19,571,322
Operating loss (15,032,194) (12,340,312) (13,864,502)
Other income (expense), net      
Interest income 923,692 1,334,610 1,952,345
Interest income on income tax refunds 77,764 613,698 44,529
Promissory note impairment (See Note 9) 0 0 (1,100,000)
Gain on sale of investment (See Note 6) 0 2,740,940 0
Gain on sale of equity method investee (See Note 6) 0 0 1,292,168
Miscellaneous income 232,959 26,884 125,679
Total other income, net 1,234,415 4,716,132 2,314,721
Loss before income taxes and equity in net loss of equity method investees (13,797,779) (7,624,180) (11,549,781)
Income tax benefit (expense) (See Note 17) (14,791) 152,774 33,248
Equity in net earnings (loss) of equity method investees 0 0 84,310 [1]
Net loss $ (13,812,570) $ (7,471,406) $ (11,432,223)
(Loss) earnings per share - basic (in dollars per share) $ (1.000) $ (0.542) $ (0.828)
(Loss) earnings per share - diluted (in dollars per share) $ (1.000) $ (0.542) $ (0.828)
Weighted average number of equity shares - basic (in shares) 13,795,178 13,795,178 13,795,178
Weighted average number of equity shares - diluted (in shares) 13,795,178 13,795,178 13,795,178
Other comprehensive income (loss)      
Foreign currency translation adjustment and total other comprehensive income (loss) $ (428,721) $ (2,857,261) $ (2,254,312)
Comprehensive loss attributable to shareholders (14,241,291) (10,328,667) (13,686,535)
India Online Business [Member]      
Revenues      
Service Revenue 13,095,126 13,368,042 12,527,464
Cost of revenues (excluding depreciation and amortization separately disclosed below) (See Note 13)      
Cost of service revenue 8,854,598 8,330,948 7,470,935
Us Publishing Business [Member]      
Revenues      
Service Revenue 2,243,050 2,752,755 3,131,240
Cost of revenues (excluding depreciation and amortization separately disclosed below) (See Note 13)      
Cost of service revenue $ 1,981,319 $ 2,082,116 $ 2,480,949
American Depositary Shares [Member]      
Other income (expense), net      
(Loss) earnings per share - basic (in dollars per share) $ (0.500) $ (0.271) $ (0.414)
(Loss) earnings per share - diluted (in dollars per share) $ (0.500) $ (0.271) $ (0.414)
[1] Information provided for the period ended October 8, 2012, relates to Imere Technology Private Limited which was sold as on same date.