UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE YEAR
ENDED: MARCH 31, 2004
Rs. In
Lakhs
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1 |
2 |
3 |
4 |
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Sl. No |
Particulars |
Three Months Ended 31st March
2004. (Un Audited) |
Three Months Ended 31st March
2003. (Un Audited) |
Year Ended March 31, 2004 (un
audited) |
Year Ended March 31, 2003
(Audited) |
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1 |
Net Sales/Income from
operation |
85.06 |
38.37 |
298.19 |
182.28 |
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2 |
Other Income |
0.96 |
2.72 |
3.21 |
1.08 |
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3 |
From Software Development |
0 |
0.40 |
0 |
0 |
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Total Income
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86.02 |
41.49 |
301.40 |
183.36 |
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3 |
Total Expenditure |
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a) |
Operating Expenses |
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a) |
BPO Operating Expenses |
7.07 |
0 |
21.22 |
0 |
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b) |
Operating Expenses |
36.55 |
29.65 |
137.14 |
105.19 |
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b) |
Administrative Expenses |
13.93 |
8.61 |
50.18 |
48.81 |
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c) |
Staff Cost |
6.30 |
6.82 |
24.76 |
28.31 |
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d) |
Sales Promotion Expenses |
0.61 |
0.63 |
1.96 |
3.31 |
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Total Expenditure
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64.46 |
45.71 |
235.26 |
185.62 |
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4 |
Interest |
3.35 |
4.23 |
12.80 |
15.28 |
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5 |
Depreciation |
6.99 |
6.74 |
27.59 |
27.44 |
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6 |
Profit (+)/Loss (-) before Tax
(1+2-3-4-5) |
11.22 |
(15.19) |
25.75 |
(44.99) |
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7 |
Provision for Taxation |
0 |
0 |
0 |
0 |
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8 |
Net Profit (+)/Loss (-) (6-7) |
11.22 |
(15.19) |
27.75 |
(44.99) |
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9 |
Paid-up equity share capital |
425.97 |
493.09 |
425.97 |
491.88 |
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10 |
Reserves excluding revaluation
reserves |
67.12 |
(5.56) |
7.58 |
0.00 |
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11 |
Earning per share and diluted
(Rs) |
0.26 |
(0.31) |
0.60 |
(0.91) |
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12 |
Aggregate of Non promoters
shareholding |
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a) |
No. of Shares |
2,50,000 |
2,50,000 |
2,50,000 |
2,50,000 |
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b) |
Percentage of shares |
5.87% |
3.61% |
5.87% |
3.61% |
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Notes:
1) The above
results were taken on record by the Board of Directors of the Company in the
meeting held on April 29, 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’
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Place |
: |
Hyderabad |
for and on behalf of the Board of
Directors
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Date |
: |
April 29, 2004 |
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Chairman |
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Segment Wise Revenue, Results
And Capital Employed For The Fourth Quarter and Year Ended March 31, 2004
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Sl. No |
Particulars |
Quarter Ended 31-3-2004 |
Year ended 31-3-2004 |
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I
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Segment Revenue
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a) |
Income from ISP Services |
63.94 |
224.91 |
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b) |
Income from BPO services |
21.13 |
61.08 |
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Total Income from operations
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85.07 |
285.99 |
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II |
Segment Results Profit /Loss
before tax and interest |
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a) |
Profit from ISP services |
6.54 |
23.07 |
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b) |
Profit from BPO services |
14.05 |
39.86 |
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III |
Total profit before tax |
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IV |
Capital employed for ISP
services |
410.97 |
410.97 |
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Capital employed for BPO
services |
15.00 |
15.00 |
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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
3) 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
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Place |
: |
Hyderabad |
for and on behalf of the Board of Directors
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Date |
: |
April
29, 2004 |
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Chairman |
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