CITY ONLINE SERVICES LIMITED
Regd.
Office: G 1, 8-2-248/A, Maharishi
House, Road No.3, Banjara Hills, Hyderabad-500034.
Tel: 91 – 40-3356736, Fax: 3356737, E-mail:
[email protected]; Website: www.cityonlines.com
UNAUDITED FINANCIAL RESULTS
(PROVISIONAL) FOR THE QUARTER ENDED: JUNE 30, 2002
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1 |
2 |
3 |
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Sl. No |
Particulars |
Three Months Ended. June 30 (Un Audited) |
Twelve Months Ended March 31, 2002 (Un Audited) |
Year Ended March 31,2001 (Audited) |
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Rs |
Rs |
Rs |
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1 |
Net
Sales/Income from operation |
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a) |
From ISP Services |
38.52 |
192.68 |
131.00 |
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b) |
From Software Development |
0.08 |
11.52 |
62.34 |
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2 |
Other
Income |
1.20 |
3.17 |
5.18 |
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Total Income
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39.80 |
207.37 |
198.52 |
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3 |
Total
Expenditure |
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a) |
Operating Expenses |
22.03 |
83.87 |
96.19 |
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b) |
Administrative Expenses |
8.60 |
40.71 |
37.07 |
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c) |
Staff
Cost |
7.54 |
39.31 |
34.42 |
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d) |
Sales Promotion Expenses |
1.15 |
3.58 |
7.30 |
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Total Expenditure
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39.32 |
167.47 |
174.98 |
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4 |
Interest |
3.55 |
13.70 |
4.72 |
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5 |
Depreciation |
6.24 |
23.37 |
16.14 |
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6 |
Profit
(+)/Loss (-) before Tax (1+2-3-4-5) |
(9.30) |
2.84 |
2.68 |
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7 |
Provision
for Taxation |
0 |
0 |
0 |
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8 |
Net
Profit (+)/Loss (-) (6-7) |
(9.30) |
2.84 |
2.68 |
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9 |
Paid-up
equity share capital |
491.88 |
491.88 |
334.90 |
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10 |
Reserves
excluding revaluation reserves |
7.93 |
7.93 |
5.09 |
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11 |
Earning
per share and diluted (Rs) |
(0.19) |
0.06 |
0.08 |
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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
July 29,2002 at the Registered office of the Company
2)
The corresponding
figures for the quarter ended June 30, 2001 of previous year are not given
since this is the first year of reporting of results after listing
3)
The
work on Company Project is progressing as per Schedule
4)
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
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Hyderabad |
FOR AND ON BEHALF OF THE BOARD OF DIRECTORS
CITY ONLINE SERVICES LIMITED
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Date |
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July 29, 2002 |
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S. Raghava Rao |
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Chairman and Managing Director |
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