| AUDITED
FINANCIAL RESULTS for the YEAR ENDED 31st March 2001 |
| S.No |
Particulars |
Current
Year ended 31.03.2001 |
Previous
Period ended 31.03.2000 |
| 1 |
Total
Income |
6172.46 |
1725.00
|
| |
Sales / Income
from Operations |
5403.65 |
1385.05 |
| |
Other Income
|
768.81 |
339.95 |
| 2 |
Total
Expenditure |
2131.47 |
894.74
|
| |
a) Purchases
|
216.13 |
43.43 |
| |
b) Staff Cost
|
677.88 |
378.50 |
| |
c) Rent &
Compensation Charges |
243.37 |
157.22 |
| |
d) Legal &
Professional charges |
353.06 |
67.76 |
| |
e) Other |
641.03 |
247.83 |
| 3 |
Interest and
other Finance charges |
77.90 |
163.05 |
| 4 |
Gross Profit (after interest
but before Depreciation,Tax and Provision for exceptional items)
|
3963.09 |
667.21 |
| 5 |
Less : Provision
for N.P.A.s / Bad Debts written off |
122.76 |
23.97 |
| |
Depreciation
/ Amortisation |
115.41 |
90.10 |
| 6 |
Add : Exceptional
Items |
882.12 |
1367.30 |
| 7 |
Profit / ( Loss ) before
Tax |
4607.04 |
1920.44 |
| 8 |
Taxation for
the year |
400.46 |
480.00 |
| 9 |
Profit / ( Loss ) after
Tax |
4206.58 |
1440.44 |
| 10 |
Paid up Equity
Share Capital ( Face Value Rs. 10/- ) |
3558.37 |
2399.19 |
| 11 |
Final Dividend |
1539.40 |
516.91 |
| 12 |
Reserves Excluding
Revaluation Reserve |
31203.56 |
10828.31 |
| 13 |
Basic and Diluted
E.P.S. ( not annualised ) (Rs.) |
11.82 |
6.00 |
| 14 |
Aggregate of
Non-Promoter Shareholding: |
--- |
--- |
| - Number of shares
|
95,36,421 |
|
| - Percentage
of Shareholding |
26.80 |
|
| |
|
|
|
| Notes:
|
|
|
a.
|
All figures include
financials of our I.T. division as a result of merger of Ashok
Leyland Information Technology Ltd. with our Company with effect
from 1st July 1999. |
|
b.
|
The figures for the year ended
31st March, 2001 also include financials of Hinduja Telecom
India Ltd. Melody Trading Pvt. Ltd. and Richman Investrade Pvt.
Ltd., pursuant to the Bombay High Court Order. The mergers are
effective from 31st August 2000 and hence the current year figures
include financials of these companies from 31st August 2000
to 31st March 2001. |
|
c.
|
The figures are not comparable as the current
year is for twelve months and the previous period was for nine
months. |
|
|
Sales / Income from operations include software
development of I.T. Division, income from dealing in shares
and other securities and profit/ (loss) on sale of long term
investments. . |
|
|
The Company has allotted 10,18,328 equity shares
pursuant to the merger of Ashok Leyland Information Technology
Ltd. and 1,15,91,762 equity shares pursuant to the merger of
Hinduja Telecom India Ltd., Richman Investrade Pvt. Ltd and
Melody Trading Pvt. Ltd. The new equity shares allotted as above
are eligible for dividend on a pro rata basis. |
|
|
The Board of Directors have recommended a dividend
of Rs. 5.00 per share subject to the approval of shareholders.
|
| The above results were taken on record at the
meeting of the Board of Directors of the Company held on 19th
June, 2001. |
| |
|
Place : Mumbai
Date : 19th June, 2001 |
For Hinduja TMT Limited
S. Solomon Raj
Vice Chairman |
