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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2010
Revenues      
Total revenues $ 19,942,266 $ 21,795,463 $ 18,843,261
Cost of revenues (excluding depreciation and amortization separately disclosed below)      
Total cost of revenues 10,774,121 10,795,979 10,115,303
Operating expenses      
Sales and marketing 5,341,678 5,373,345 7,143,440
Product development 3,136,778 3,826,350 2,663,319
Depreciation and amortization 3,499,769 3,786,398 5,004,262
General and administrative 7,935,447 6,582,091 5,549,891
Long-lived assets impairment (See Note 5)   109,658 136,878
Foreign exchange loss (gain), net 91,926 17,783 (195,865)
Total operating expenses 20,005,598 19,695,625 20,301,925
Operating loss (10,837,453) (8,696,141) (11,573,967)
Other income (expense), net      
Interest income 2,584,432 3,372,109 4,017,824
Investment impairment   (543,220) (65,556)
Gain on sale of equity method investee 749,897    
Miscellaneous income 107,169 98,224 46,316
Total other income, net 3,441,498 2,927,113 3,998,584
Loss before income taxes and equity in net earnings of equity method investees (7,395,955) (5,769,028) (7,575,383)
Income tax expense (65,555) (17,279) (30,000)
Equity in net loss of equity method investees (215,735) (785,707) (423,099)
Net loss (7,677,245) (6,572,014) (8,028,482)
Weighted average number of equity shares - basic 13,758,635 13,783,033 14,563,197
Weighted average number of equity shares - diluted 13,758,635 13,783,033 14,563,197
(Loss) earnings per share - basic $ (0.558) $ (0.477) $ (0.552)
(Loss) earnings per share - diluted $ (0.558) $ (0.477) $ (0.552)
India Online
     
Revenues      
Service Revenue 16,223,222 17,942,609 14,694,576
Cost of revenues (excluding depreciation and amortization separately disclosed below)      
Cost of service revenue 8,241,612 8,299,834 7,654,344
U.S. Publishing
     
Revenues      
Service Revenue 3,719,044 3,852,854 4,148,685
Cost of revenues (excluding depreciation and amortization separately disclosed below)      
Cost of service revenue $ 2,532,509 $ 2,496,145 $ 2,460,959
Earnings Per ADS- (where 2 ADSs represent 1 equity share)
     
Other income (expense), net      
(Loss) earnings per share - basic $ (0.279) $ (0.238) $ (0.276)
(Loss) earnings per share - diluted $ (0.279) $ (0.238) $ (0.276)