UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30.09.2006
(Rupees in Lakhs)
SL No PARTICULARS I Qr ended 30.06.05 I Qr ended 30.09.05 III Qr ended  31.12.05  QUARTER ENDED  30.09.2006 (Unaudited) QUARTER ENDED  30.09.2005                                (Unaudited)  YEAR TO DATE AS ON 30.09.2006 (Unaudited)  YEAR TO DATE AS ON 30.09.2005 (Unaudited)  YEAR ENDED 31.03.2006 (Audited)
1 NET SALES/INCOME FROM  OPERATIONS 226.88 285.15 294.63 411.94 285.15 638.16 512.03 1068.77
2 OTHER INCOME 0.67 0.17 0.66 0.70 0.17 0.90 0.84 3.35
3 TOTAL EXPENDITURE 178.26 220.02 218.42 354.25 220.02 527.02 396.88 776.36
  a) (INCREASE)/DECREASE IN STOCKS (9.48) (9.18) (20.11) 99.09 (9.18) 38.23 (18.66) (88.02)
  b) OPERATING COST 125.08 155.67 163.60 183.91 155.67 351.38 280.75 513.66
  c) STAFF COST 37.38 43.59 44.76 41.37 43.59 86.38 80.97 175.45
  d) ADMINISTRATIVE COST 25.28 29.94 30.17 29.88 29.94 51.03 53.82 175.27
4 INTEREST 2.51 4.21 6.88 3.83 4.21 8.24 8.12 19.37
5 DEPRECIATION 25.27 26.31 25.88 29.85 26.31 59.01 51.58 117.95
6 PROFIT BEFORE TAX (1+2-3-4-5) 21.51 34.78 44.11 24.71 34.78 44.79 56.29 158.44
7 A) PROVISION FOR TAXATION 3.50 2.25 9.25 4.00 2.25 5.50 5.75 38.50
  B) DEFERRED TAX LIABILITY 0 0 0 0.00 0.00 0.00 0.00 1.32
  C) FRINGE BENEFIT TAX 0 0 0 0.48 0.00 0.80 0.00 0.00
8 NET PROFIT (6-7) 18.01 32.53 34.86 20.23 32.53 38.49 50.54 118.62
9 PAID-UP EQUITY SHARE CAPITAL                                (Face value of Rs.10/- each) 500.90 500.90 500.90 500.90 500.90 500.90 500.90 500.90
10 RESERVES EXCLUDING REVALUTION RESERVES (Column 5) NA NA NA NA NA NA NA 490.39
11 BASIC AND DILUTED EPS FOR THE PERIOD, FOR THE YEAR TO DATE AND FOR THE PREVIOUS YEAR                                                                          (NOT TO BE ANNUALISED) 0.36 0.65 0.70 0.40 0.65 0.77 1.01 2.37
12 AGGREGATE OF NON-PROMOTER SHARE HOLDING          
  A) NO. OF SHARES 2413754 2413754 2413754 2412254 2413754 2412254 2413754 2412254
  B) PERCENTAGE OF SHARE HOLDING 48.19 48.19 48.19 48.15 48.19 48.15 48.19 48.15
Notes:
1 The above Unaudited Results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 31.10.2006
2 The Statutory Auditors have carried out "LIMITED REVIEW" of the above financial Results
3 The Compnay is engaged in providing Information Technology Enabled Services which in the context of Accounting Standard-17 issued by ICAI are considered  to constitute  one single segment
4 Provision of  Deferred Tax Liability will be considered at the end of the year.
5 Previous year/Quarterly  figures are regrouped and reclassified wherever necessary.
6 Investors complaint status during the quarter ended 30.09.2006                                                                                            Opening- 0         Received- 2        Resolved- 2      Pending- 0
For and on behalf of Board Directors
   
Place: Hyderabad RAVI VISHNU
Date: 31.10.2006 CHAIRMAN & MANAGING DIRECTOR