<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM UNAUDITED FINANCIAL STATEMENTS AS OF AND FOR THE THREE MONTHS ENDED JUNE 30, 1999 AND 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CURRENCY> INDIAN RUPEES <PERIOD-TYPE> 3-MOS 3-MOS <FISCAL-YEAR-END> MAR-31-2000 MAR-31-1999 <PERIOD-START> APR-01-1999 APR-01-1998 <PERIOD-END> JUN-30-1999 JUN-30-1998 <EXCHANGE-RATE> 43.45 43.45 <CASH> 10,375,381 4,768,486 <SECURITIES> 0 0 <RECEIVABLES> 53,157,565 10,515,365 <ALLOWANCES> 726,060 0 <INVENTORY> 5,925,745 102,755 <CURRENT-ASSETS> 157,668,145 27,869,025 <PP&E> 252,429,715 70,106,064 <DEPRECIATION> 20,705,897 8,191,497 <TOTAL-ASSETS> 464,472,828 119,500,887 <CURRENT-LIABILITIES> 355,992,658 35,619,435 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 157,500,000 105,002,300 <OTHER-SE> (141,424,636) (152,390,725) <TOTAL-LIABILITY-AND-EQUITY> 464,472,828 119,500,887 <SALES> 80,803,252 17,557,719 <TOTAL-REVENUES> 80,803,252 17,552,719 <CGS> 38,896,630 7,074,081 <TOTAL-COSTS> 123,234,639 37,681,555 <OTHER-EXPENSES> 9,317,307 4,705,411 <LOSS-PROVISION> 224,221 0 <INTEREST-EXPENSE> 10,060,759 0 <INCOME-PRETAX> (51,748,694) (24,829,247) <INCOME-TAX> 0 0 <INCOME-CONTINUING> (51,748,694) (24,829,247) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (51,748,694) (24,829,247) <EPS-BASIC> (3.29) (3.28) <EPS-DILUTED> 0 0