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EXHIBIT 11
INTELLIGROUP, INC. AND SUBSIDIARIES
Three Months Ended September 30, Nine Months Ended September 30,
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1995 1996 1995 1996
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Net loss $ (42,000) $ (600,000) $ (1,054,000) $ (105,000)
============ =========== ============ ============
Weighted average shares outstanding 12,203,000 7,322,000 12,203,000
9,331,000
Incremental shares
considered outstanding (1) 1,534,000 1,555,000 1,534,000 1,494,000
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Shares used in per share calculation 13,737,000 8,877,000 13,737,000 10,825,000
============ =========== ============ ============
Net loss per share $ 0.00 $ (0.07) $ (0.08) $ (0.01)
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(1) Pursuant to the requirements of the Securities and Exchange Commission,
stock options and warrants issued by the Company during the twelve months
immediately preceding the initial public offering have been included in
computing net income (loss) per share as if they were outstanding for all
periods using the treasury stock method.