Kaashyap Technologies Limited

UN-AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 2009

(Rs. in Million)
SL. Particulars Standalone Consolidated
Quarter Ended Half-year Ended Year Ended Quarter Ended Half-year ended
    30/09/2009 30/09/2008 30/09/2009 30/09/2008 31/03/2009 30/09/2009 30/09/2009
    Un-audited Un-audited Un-audited Un-audited Audited Un-audited Un-audited
 
1 Income from operations 69.30 121.06 134.85 257.83 400.28 70.12 135.68
2 Other Income 0.20 0.00 0.79 1.17 50.96 0.20 0.79
3 Total Income 69.50 121.06 135.64 259.00 451.24 70.32 136.46
4 Expenditure             -
  (a) Consumption - - - - - - -
  (b) Staff cost 47.38 100.88 108.45 201.94 406.70 47.38 108.45
  (c) Admn. & Other Expenses 6.35 13.61 13.45 33.31 54.27 6.86 13.97
  (d) Other Expenditure 0.14 0.34 0.65 0.78 2.02 0.16 0.66
  Total Expenditure 53.87 114.83 122.55 236.03 462.99 54.40 123.08
5 Profit/(Loss) before Interest,
Depreciation & Tax
15.63 6.23 13.09 22.97 (11.75) 15.92 13.38
6 Interest 0.74 2.04 3.20 3.44 7.72 0.75 3.22
7 Profit/(Loss) before Depreciation & Tax 14.89 4.19 9.89 19.53 (19.47) 15.17 10.17
8 Depreciation 0.69 1.10 1.43 2.27 4.61 1.02 1.77
9 Profit /(Loss) before Extra-ordinary Item & Tax 14.20 3.09 8.45 17.26 (24.08) 14.15 8.40
10 Extra-ordinary Items 11.97 - 23.95 - 47.89 14.10 26.07
11 Profit /(Loss) after Extra-ordinary
Item & Tax
2.23 3.09 (15.49) 17.26 (71.97) 0.05 (17.67)
12 Provision for Tax (Including Fringe Benefit Tax) - 0.34 - 1.95 0.37 - -
13 Net Profit / (Loss) 2.23 2.74 (15.49) 15.31 (72.34) 0.05 (17.67)
14 Paid-up equity share capital 445.19 445.19 445.19 445.19 445.19    
15 Face value of equity shares 1.00 1.00 1.00 1.00 1.00    
16 Reserves excluding revaluation reserves 662.38 644.61 647.44 630.12 680.10    
17 Earning per Share              
  Basic (Rs) 0.01 0.01 (0.03) 0.04 (0.17)    
  Diluted (Rs)   0.01   0.03      
18 Public Shareholding              
  - Number of shares 439342366 438333874 439342366 438333874 439280250    
  - Percentage of shareholding (%) 98.69% 98.46% 98.69% 98.46% 98.67%    
19 Promoters and promoter group Shareholding              
  a) Pledged/Encumbered          
  - Number of shares 2072699   2072699   2072699    
  - Percentage of shares (as a % of the total shareholding of promoter and promoter group) 35.42%   35.42%   35.04%    
   
  - Percentage of shares (as a % of the total share capital of company) 0.47%   0.47%   0.47%    
   
  b) Non-encumbered          
  - Number of Shares 3779843   3779843   3841959    
  - Percentage of shares (as a % of the total shareholding of promoter and promoter group) 64.58%   64.58%   64.96%    
   
  - Percentage of shares (as a % of the total share capital of company) 0.85%   0.85%   0.86%    
   

Notes:

1

The above audited results have been taken on record by the Board of Directors at their meeting held on 30.10.2009.

2

The above results were reviewed by the Audit Committee on October 30, 2009.

3

Figures are re-grouped wherever necessary.

4

4 Number of investors grievances pending at the beginning of the quarter: 0, received: 3 and disposed off during the quarter: NIL and lying unresolved at the end of the quarter - 3.

For Kaashyap Technologies Limited
Sd/-
A. Venkatramani
Chairman & Managing Director