| Audited Financial Results For The Quarter & Year Ended 31 st March 2007 |
| |
Rs. In Lacs |
| Independent Financials |
Consolidated Financials |
| Sl. No. |
Particulars |
Quarter Ended |
For the Year Ended |
For the Year Ended |
| 31-Mar-07 |
31-Mar-06 |
31-Mar-07 |
31-Mar-06 |
31-Mar-07 |
31-Mar-06 |
| |
A ) Income |
1 |
2 |
3 |
5 |
6 |
8 |
| 1 |
Income from Operations |
1,112.71 |
933.47 |
3,598.82 |
2,967.52 |
3,647.63 |
3,065.43 |
| |
Less: Excise Duty |
(34.17) |
(14.98) |
(94.87) |
(55.34) |
(94.87) |
(55.34) |
| 2 |
Other income |
11.34 |
9.80 |
16.41 |
23.47 |
17.04 |
23.68 |
| 3 |
Profit on Sale of Undertaking |
657.68 |
- |
657.68 |
- |
657.68 |
- |
| |
Total income ( A ) |
1,747.56 |
928.28 |
4,178.05 |
2,935.64 |
4,227.48 |
3,033.77 |
| |
B) Expenditure |
|
|
|
|
|
|
| |
a) ( Increase) / Decrease in stock in trade |
16.29 |
56.66 |
5.16 |
179.28 |
5.16 |
179.28 |
| |
b) Consumption of Materials & Cost of Services |
307.85 |
229.79 |
931.50 |
641.09 |
921.32 |
666.31 |
| |
c) Staff cost |
313.99 |
225.01 |
945.16 |
743.99 |
989.14 |
792.43 |
| |
d) Other Expenditure |
360.65 |
273.65 |
1,061.34 |
834.81 |
1,086.81 |
860.03 |
| 3 |
Total Expenditure ( B ) |
998.77 |
785.11 |
2,943.16 |
2,399.17 |
3,002.43 |
2,498.05 |
| 4 |
Profit(+)/Loss(-) before Write off, Int, Depn & Tax ( A - B ) |
748.79 |
143.18 |
1,234.89 |
536.48 |
1,225.05 |
535.72 |
| 5 |
Obsolete / Irrecoverable Amounts written off. |
453.37 |
14.71 |
453.37 |
39.71 |
453.37 |
40.27 |
| 6 |
Interest |
35.30 |
30.86 |
124.55 |
138.87 |
131.93 |
138.87 |
| 7 |
Depreciation |
41.10 |
48.07 |
139.62 |
135.36 |
139.62 |
135.36 |
| 8 |
Profit(+)/Loss(-) before Tax (4-5-6-7) |
219.02 |
49.53 |
517.35 |
222.53 |
500.13 |
221.22 |
| 9 |
Minority interest |
- |
- |
- |
- |
(4.37) |
0.39 |
| 10 |
Provision for Taxation |
|
|
|
|
|
|
| |
a. Current Tax |
35.27 |
6.77 |
49.75 |
15.02 |
50.02 |
15.29 |
| |
b. Deferred Tax |
21.61 |
(13.40) |
22.39 |
(12.11) |
22.39 |
(12.11) |
| |
c. Fringe Benefit Tax |
7.52 |
2.56 |
13.44 |
12.02 |
13.44 |
12.02 |
| 11 |
Net profit(+)/Loss(-) (8-9-10) |
154.62 |
53.60 |
431.77 |
207.60 |
418.65 |
205.63 |
| 12 |
Paid up Equity share capital - Face Value Rs. 10 Each |
1,103.74 |
1,103.74 |
1,103.74 |
1,103.74 |
1,103.74 |
1,103.74 |
| 13 |
Reserves excluding revaluation reserves (as per balance sheet) previous accounting year to be given in column (5) |
- |
- |
17.83 |
17.83 |
17.83 |
17.83 |
| 14 |
Basic and diluted EPS |
1.39 |
0.49 |
3.86 |
1.82 |
3.77 |
1.86 |
| |
Aggregate of Public share holding |
|
|
|
|
|
|
| 15 |
No.of shares |
4,566,463 |
5,116,731 |
4,566,463 |
5,116,731 |
|
|
| 16 |
% to total capital |
41.37% |
46.36% |
41.37% |
46.36% |
|
|
| NOTE: |
| (1) |
The results for the quarter and year ended March 31, 2007 have been taken on record at the Board of Directors in its meeting held on May 29, 2007. |
| (2) |
Auditors have carried out the audit of the Financial results for the year ended 31st March 2007 as required under clause 41 of the listing requirements. |
| (3) |
Subsidiary companies accounts are consolidated in accordance with AS 21 issued by the institute of Chartered Accountants of India |
| (4) |
The Board of Directors has recommended a dividend of 6% for the year 2006 - 2007 (Previous Year-6%) |
| (5) |
Extraordinary income for the quarter and year ended 31st March 2007 represents the profit on transfer of Training division of the company to a Wholly Owned Subsidiary as a slump sale with effect from 30th March 2007 pursuant to a decision of the members of the company by way of a postal ballot. |
| (6) |
Previous year / Quarter figures have been regrouped / recasted wherever necessary, to make them comparable with current period layout. |
| (7) |
Information on Investor complaints (numbers) |
|
Pending at the beginning of the quarter |
Nil |
|
Received during the quarter |
49 |
|
Resolved / replied during the quarter |
49 |
|
Unresolved at the end of the quarter since resolved |
Nil |
| Place:Chennai |
for and on behalf of the Board |
| Date : May 29, 2007 |
S T Prabhu |
|
Director |
| Sl.No |
Particulars |
| Quarter Ended 31 st March |
For the Year Ended |
| 2007 |
2006 |
2007 |
2006 |
| 1 |
Revenue by Industry segment |
|
|
|
|
|
Systems & Services |
558.88 |
364.45 |
1,585.37 |
1358.10 |
| Training |
172.46 |
177.61 |
807.95 |
767.03 |
| Software Services |
248.80 |
385.31 |
967.67 |
809.60 |
| Animation |
101.71 |
- |
150.41 |
0.00 |
| Others ( Extraordinary income ) |
663.30 |
- |
663.30 |
0.00 |
| TOTAL |
1,745.15 |
927.38 |
4,174.71 |
2934.74 |
| Less : Inter - segment revenue |
|
|
|
0.00 |
| Net Revenue from Operations |
1,745.15 |
927.38 |
4,174.71 |
2934.74 |
| 2 |
Segment profit before tax, interest, |
|
|
|
|
|
Systems & Services |
57.02 |
(0.88) |
195.92 |
108.15 |
| Training |
(13.48) |
(18.56) |
102.07 |
96.62 |
| Software Services |
(14.05) |
155.54 |
167.34 |
234.39 |
| Animation |
52.15 |
- |
59.22 |
0.00 |
| Others |
569.26 |
(38.04) |
569.26 |
(38.04) |
| TOTAL |
650.89 |
98.06 |
1,093.82 |
401.12 |
| Less : Interest |
32.90 |
29.81 |
121.21 |
138.87 |
| Other un-allocable expenditure |
398.97 |
18.71 |
455.26 |
39.71 |
| (excluding un-allocable income) |
|
|
|
|
| Total Profit / ( Loss ) before tax |
219.02 |
49.53 |
517.35 |
222.53 |
| 3 |
Capital Employed |
|
|
|
|
|
Segment Assets - Segment Liabilities |
|
|
|
|
| Systems & Services |
788.80 |
145.75 |
788.80 |
145.75 |
| Training * |
- |
348.37 |
|
348.37 |
| Software Services |
219.66 |
257.95 |
219.66 |
257.95 |
| Animation |
47.32 |
- |
47.32 |
- |
| Total |
1,055.78 |
752.08 |
1,055.78 |
752.08 |
| Note : " * " Hived off to wholly owned Subsidiary M/s Accel Academy Limited |
