|
Investor
Relations
[BACKGROUND] [ANNUAL
REPORTS] [SHARE
HOLDING PATTERN] [FINANCIAL
RESULTS] [OTHER
REPORTS]
Financial
Results:
Quater
ended September 30, 2003
Quarter
ended June 30, 2003
Quarter ended March 31, 2003
Quarter ended December 31, 2002
Quarter
ended September 30, 2002
Quarter ended June 30, 2002
Quarter
ended March 31, 2002
Quarter
ended December 31, 2001
Quarter
ended September 30, 2001
|
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER YEAR ENDED
30TH JUNE, 2002 |
| (Rs.Crores) |
|
|
UNAUDITED |
AUDITED |
|
|
Quarter Ended
30-6-2002 |
Quarter Ended
30-6-2001 |
Year Ended
31-3-2002 |
|
1. Net Sales/Income from Operations (Net of Excise
Duty) |
95.79 |
131.57 |
475.10 |
|
2. Other Income |
2.11 |
1.77 |
8.20 |
|
3. Total Income |
97.90 |
133.34 |
483.30 |
|
4. Total Expenditure |
98.59 |
121.83 |
453.94 |
|
a) (Increase) / Decrease in stock in trade |
(0.69) |
1.67 |
12.43 |
|
b) Consumption of raw materials |
24.78 |
29.03 |
102.47 |
|
c) Staff cost |
28.81 |
30.82 |
120.05 |
|
d) Overseas Business Expenses |
25.50 |
34.03 |
113.09 |
|
e) Other expenditure |
20.19 |
26.28 |
105.90 |
|
5. Interest |
0.40 |
0.40 |
1.24 |
|
6. Depreciation |
3.55 |
4.18 |
16.06 |
|
7. Profit / (Loss) before Tax |
(4.64) |
6.93 |
12.06 |
|
8. Provision for Taxation (Net) |
(3.51) |
1.51 |
(8.44) |
|
9. Net Profit / (Loss) after all Taxes |
(1.13) |
5.42 |
20.50 |
|
10.Paid-up Equity Share Capital |
18.38 |
18.38 |
18.38 |
|
11.Reserves excluding revaluation reserves |
|
|
172.24 |
|
12.Basic & Diluted EPS (not annualised for the
quarters) |
(0.62) |
2.95 |
11.15 |
|
13.Aggregate of non-promoter’s shareholding |
|
|
|
|
No. of shares |
4644737 |
4691737 |
4641737 |
|
% of shareholding |
25.27 |
25.52 |
25.25 |
| SEGMENT-WISE
REVENUE, RESULTS AND CAPITAL EMPLOYED UNDER CLAUSE 41
OF THE LISTING AGREEMENT |
|
|
Unaudited
Quarter
ended 30-6-2002 |
Audited
Year
Ended 31-3-2002 |
|
1. Segment Revenue |
|
|
|
a. System Integration Services |
81.96 |
403.12 |
|
b. Manufacturing Services |
9.86 |
40.16 |
|
c. Education Services |
4.44 |
33.96 |
|
Net Sales / Income from Operations (Net of Excise Duty) |
96.26 |
477.24 |
|
|
|
|
|
2. Segment Results |
|
|
|
a. System Integration Services |
(4.03) |
8.60 |
|
b. Manufacturing Services |
3.88 |
17.76 |
|
c. Education Services |
(2.80) |
(5.54) |
|
Total |
(2.95) |
20.82 |
|
Less: Interest |
0.40 |
1.24 |
|
Less: Unallocable expenditure net of unallocable income |
1.29 |
7.52 |
|
Total Profit / (Loss) before Tax |
(4.64) |
12.06 |
|
|
|
|
|
3. Segment Capital Employed |
|
|
|
a. System Integration Services |
127.31 |
134.54 |
|
b. Manufacturing Services |
9.88 |
9.59 |
|
c. Education Services |
(4.88) |
(3.48) |
|
Total Segment Capital Employed |
132.31 |
140.65 |
Notes:
- The above results have been taken on record by the Board
of Directors at the meeting held on 26th July
; 2002.
- The operating performance of the company reflects the
impact of the continuing slow down of its business in both
domestic and overseas markets. In the April-June 2002 quarter,
Total Income declined by 27% to Rs.97.90 crores and the
Net Loss was Rs.1.13 crores(previous year's quarter: Profit
Rs 5.42 crores).
- Other expenditure includes provision for bad and doubtful
debts of Rs. 2.06 crores (net) for the quarter ended 30thJune
2002, (previous year�s quarter: Rs.2.92 crores - net).
- Deferred tax asset for the quarter ended 30th
June 2002 amounted to Rs.0.73 crores (previous year's quarter:
Rs 0.80 crores).
- Provision for Taxation for the quarter ended 30th
June 2002 is net of tax adjustments for prior
years of Rs3.09 crores (previous year's quarter: Rs. 1.45
crores ) and after considering
provision for tax for the quarter of Rs 0.31 crores ( previous
year’s quarter: Rs 3.76
crores).
- Segment Revenue includes Other Income attributable to
the respective segments.
- During the quarter, a subsidiary was formed in Germany.
The subsidiary has not yet
commenced its operations.
- Figures for the previous periods have been re-grouped
wherever necessary.
For
and on behalf of the
Board of Directors
| Place:
Mumbai
|
F.K.Kavarana
Date: 26th July, 2002 |
| Date:
26th July, 2002 |
Chairman |
|
