UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE NINE MONTHS ENDED: DECEMBER 31, 2003
Rs. In Lakhs

 

 

1

2

3

4

5

Sl. No

Particulars

Three Months Ended 31st December 2003. (Un Audited)

Three Months Ended 31st December 2002. (Un Audited)

Nine Months Ended 31.12.2003(Un Audited)

Nine Months Ended 31.12.2002(Un Audited)

Year Ended March 31,2003     (Audited)

 

 

 

 

 

 

 

1

Net Sales/Income from operation

87.92

47.49

209.64

128.43

182.28

2

Other Income

0.94

3.46

5.74

7.51

1.08

 

Total Income

88.86

50.95

215.38

135.94

183.36

3

Total Expenditure

 

 

 

 

 

a)

Operating Expenses

45.63

24.67

114.72

67.59

105.19

b)

Administrative Expenses

14.97

8.26

36.25

21.03

48.81

c)

Staff Cost

5.97

6.50

18.47

26.82

28.31

d)

Sales Promotion Expenses

0.33

0.60

1.35

2.70

3.31

Total Expenditure

66.90

40.03

170.79

118.14

185.62

4

Interest

3.29

3.58

9.45

10.69

15.28

5

Depreciation

6.99

6.88

20.61

21.23

27.44

6

Profit (+)/Loss (-) before Tax (1+2-3-4-5)

11.68

0.45

14.53

(13.12)

(44.99)

7

Provision for Taxation

0

0

0

0

0

8

Net Profit (+)/Loss (-) (6-7)

11.68

0.45

14.53

(13.12)

(44.99)

9

Paid-up equity share capital

425.97

491.88

425.97

491.88

493.09

10

Reserves excluding revaluation reserves

67.12

(18.68)

67.12

(18.68)

0

11

Earning per share and diluted (Rs)

0.27

0.01

0.34

(0.03)

(0.91)

12

Aggregate of Non promoters shareholding

 

 

 

 

 

 

a)

No. of Shares

2,50,000

2,50,000

2,50,000

2,50,000

2,50,000

 

b)

Percentage of shares

5.87%

3.61%

5.87%

3.61%

3.61%

 

 

Notes:
1) The above results were taken on record by the Board of Directors of the Company in the meeting held on January 19, 2004 at the Registered office of the Company
2) The Company is engaged in the business of Internet Services Provider and no other separate reportable segments as per Accounting Standards-17 on ‘Segment Reporting’

 

 

Place

:

Hyderabad

 for and on behalf of the Board of Directors 

Date

:

January 19, 2004

 

 

 

 

 

 

 

 

 

Chairman

 


 

 

 

 

 

 

 

Segment Wise Revenue, Results And Capital Employed For The Quarter and Nine Months Ended December 31, 2003
In Lakhs

Sl. No

Particulars

Quarter Ended

31-12-2003

Nine Months ended

31-12-2003

I

Segment Revenue

 

 

a)

Income from ISP Services

68.05

169.68

b)

Income from BPO services

19.87

39.96

 

Total Income from operations

87.92

209.64

II

Segment Results Profit /Loss before tax and interest

 

 

 

a)

Profit from ISP services

3.66

(4.80)

 

b)

Profit from BPO services

10.37

23.05

III

Total profit before tax

14.03

18.25

 

 

 

 

IV

Capital employed for ISP services

425.97

425.97

 

Capital employed for BPO services

0

0

 

 

Notes on Segmental Reporting:
1) The Segment wise reporting was effective from July 1, 2003.
2) Segments have been identified as reportable primary segments in accordance with Accounting Standard 17, taking into account the organization and internal reporting structure as well as evaluation of risks and returns from these segments
2) Segment Revenue, Results and Capital Employed figures include the respective amounts identifiable to each of the segments. Other unallowable expenditure includes expenses incurred on common services to the segments which are not directly identifiable to the individual segments as well as expenses incurred at a corporate level which relate to the company as a whole

 

 

 

Place

:

Hyderabad

 for and on behalf of the Board of Directors 

Date

:

January 19, 2004

 

 

 

 

 

 

 

 

 

Chairman