UNAUDITED FINANCIAL RESULTS FOR THE THREE Months Ended JUNE 30, 2001
(Rs. in Lakhs)
| Sl.No. |
PARTICULARS |
3 Months Ended |
3 Months Ended |
9 months
Ended |
9 months
Ended |
Accounting
Year Ended |
|
|
30.06.2001 |
30.06.2000 |
30.06.2001 |
30.06.2000 |
30.09.2000 |
| |
|
(Unaudited) |
|
|
|
(Audited) |
| 1 |
Income from Operations |
959.52 |
776 |
3122.46 |
1936.69 |
2800.33 |
| 2 |
Other Income |
4.29 |
4.23 |
10.29 |
12.06 |
28.78 |
| 3 |
Total Expenditure |
|
|
|
|
|
| |
a) Staff Cost |
156.4 |
89.62 |
487.64 |
187.83 |
316.41 |
| |
b) Admn & Other Expenses |
568.19 |
401.19 |
1682.03 |
1012.64 |
1456.72 |
| |
c) Other Expenditure |
16.18 |
39.96 |
71.08 |
85.67 |
104.64 |
| |
|
740.77 |
530.77 |
2240.75 |
1286.14 |
1877.77 |
| 4 |
Interest |
0 |
11.36 |
0 |
81.05 |
53.96 |
| 5 |
Depreciation |
48.22 |
37.19 |
135.66 |
100.08 |
124.89 |
| 6 |
Profit(+)/Loss(-) before Tax (1+2-3-4-5) |
174.82 |
200.91 |
756.34 |
481.48 |
772.49 |
| 7 |
Provision for taxation |
20 |
11 |
42 |
24 |
45 |
| 8 |
Net Profit(+)/Loss(-)(6-7) |
154.82 |
189.91 |
714.34 |
457.48 |
727.49 |
| 9 |
Paid up Equity Share Capital |
1472.9 |
1189.1 |
1472.9 |
1189.1 |
1189.1 |
| 10 |
Preference Share Capital |
405.57 |
5.57 |
405.57 |
5.57 |
5.57 |
| 11 |
Reserves excluding. revaluation reserves (as per balance sheet) of prev. acct. yr. |
|
|
|
|
|
| 12 |
Earning per Share(Rs. ) |
1.05 |
1.6 |
4.85 |
4.18 |
5.88 |
| Note: |
| 1. |
The above unaudited results have been taken on record by the Board of Directors at their meeting held on 27th July 2001. |
| 2. |
400000 11% Redeemable Preference Shares of Rs. 100/- each were allotted to UTI Bank Limited on 1st April 2001, redeemable at the end of three yeaRs. |
| 3. |
1413025 Equity Shares of Rs. 10/- each were allotted on 21st May 2001 to the shareholders of Kaashyap Interserve Technologies Limited(KITL) at a SWAP ratio of 4:1(that is holder of every four equity shares in KITL was alloted one Equity share of Kaashyap Radiant Systems Limited) pursuant to the special resolution passed at the 3rd Annual General Meeting of the Company on 23rd March 2001. |
| 4. |
Further, 1425000 Equity Shares of Rs. 10/- each were allotted on 20th June 2001 to the stakeholders of Softpride Systems Inc., USA towards part consideration for acquiring of 60% stake in that Company; pursuant to the special resolution passed at the 3rd AGM and after receiving the necessary approval from Ministry of Industry and RBI. |
| 5. |
During the quarter the Company launched a high-end training course named 'Kaashyap Vertech' which imparts training on software development along with expert knowledge in a partcular domain which include Banking and Insurance, Bioinformatics, Embedded Systems, Enterprises etc. |
| 6. |
Effect of deferred taxation, if any, shall be considered at the end of accounting year. |
|
|
