|
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, 2003 |
| (Rs.Crores) |
|
|
UNAUDITED |
AUDITED |
|
|
Quarter Ended
30-6-2003 |
Quarter Ended
30-6-2002 |
Year Ended
31-3-2003 |
|
1. Net Sales/Income from Operations |
131.75 |
95.79 |
453.02 |
|
2. Other Income |
6.44 |
2.11 |
9.04 |
|
3. Total Income |
138.19 |
97.90 |
462.06 |
|
4. Total Expenditure |
121.35 |
98.59 |
425.93 |
|
a) (Increase) / Decrease in stock in trade |
8.02 |
0.45 |
(3.64) |
|
b) Consumption of raw materials |
26.62 |
23.64 |
115.79 |
|
c) Staff cost |
31.52 |
28.77 |
116.37 |
|
d) Overseas Business Expenses |
34.42 |
25.44 |
108.22 |
|
e) Other expenditure |
20.77 |
20.29 |
89.19 |
|
5. Interest |
- |
0.40 |
0.89 |
|
6. Depreciation |
2.76 |
3.55 |
13.40 |
|
7. Profit / (Loss) before Tax |
14.08 |
(4.64) |
21.84 |
|
8. Provision for Taxation (Net) |
|
|
|
| Current
Tax |
2.74 |
0.31 |
3.65 |
| Deferred
Tax |
(0.80) |
(0.73) |
(2.88) |
| Tax
adjustment for prior years |
0.12 |
3.09 |
(9.39) |
|
9. Net Profit / (Loss) after all Taxes |
12.02 |
(1.13) |
30.46 |
|
10.Paid-up Equity Share Capital (face value Rs. 10/-
per share) |
18.38 |
18.38 |
18.38 |
|
11.Reserves excluding revaluation reserves |
|
|
187.15 |
|
12.Basic & Diluted EPS (not annualised for the
quarters) |
6.54 |
(0.62) |
16.57 |
|
13.Aggregate of non-promoter’s shareholding |
|
|
|
|
No. of shares |
4620037 |
4644737 |
4620037 |
|
% of shareholding |
25.14 |
25.27 |
25.14 |
| SEGMENT-WISE
REVENUE, RESULTS AND CAPITAL EMPLOYED FOR THE QUARTER
ENDED 30TH JUNE 2003 UNDER CLAUSE 41 OF THE LISTING AGREEMENT |
|
|
Unaudited
Quarter
ended 30-6-2003 |
Unaudited
Quarter
ended 30-6-2002 |
Audited
Year
Ended 31-3-2002 |
|
1. Segment Revenue |
|
|
|
|
a. System Integration Services |
105.71 |
81.96 |
403.12 |
|
b. Manufacturing Services |
21.71 |
9.86 |
40.16 |
|
c. Education Services |
4.61 |
4.44 |
33.96 |
|
Net Sales / Income from Operations (Net of Excise Duty) |
132.03 |
96.26 |
477.24 |
|
|
|
|
|
|
2. Segment Results |
|
|
|
|
a. System Integration Services |
4.84 |
(4.03) |
8.60 |
|
b. Manufacturing Services |
6.88 |
3.88 |
17.76 |
|
c. Education Services |
(0.74) |
(2.80) |
(5.54) |
|
Total |
10.98 |
(2.95) |
20.82 |
|
Less: Interest |
- |
0.40 |
1.24 |
|
Less: Unallocable expenditure net of unallocable income |
(3.10) |
1.29 |
7.52 |
|
Total Profit / (Loss) before Tax |
14.08 |
(4.64) |
12.06 |
|
|
|
|
|
|
3. Segment Capital Employed |
|
|
|
|
a. System Integration Services |
101.64 |
127.31 |
134.54 |
|
b. Manufacturing Services |
29.31 |
9.88 |
9.59 |
|
c. Education Services |
(3.81) |
(4.88) |
(3.48) |
|
Total Segment Capital Employed |
127.14 |
132.31 |
140.65 |
Notes:
- The above results have been taken on record by the Board
of Directors at the meeting held on 31th July
2003.
- The Company's performance continues to improve in all
its segments. For the quarter ended 30th June 2003, total
income increased by 41% to Rs. 138.19 crores from Rs. 97.90
crores in the previous years first quarter. The net profit
after tax increased to Rs 12.02 crores as compared to a
loss of Rs. 1.13 crores in the previous years first quarter.
- Other Income includes profit of Rs. 1.19 crores on sale
of a fixed asset and dividend income of Rs. 3.96 crores.
- Segment Revenue includes Other Income attributable to
the respective segments.
- As on 1st Apil 2003 there were no investor complaints
outstanding. 5 investor complaints were received and resolved
during the period under review. No complaints were pending
as on 30th June 2003.
- The Statutory Auditors of the Company have conducted a
"Limited Review" of the Financial Results for
the quarter ended 30th June 2003.
- Figures for the previous periods have been re-grouped
wherever necessary.
| |
For
and on behalf of th Board
|
| Place:
Mumbai
|
F.K.Kavarana
|
| Date:
31st July, 2003 |
Chairman |
|
