Notes: |
|
a) The quarter ended
30.09.2000 and audited figures for the period ended 31st
March 2000 include financials of our I.T. business, namely
that of ALIT, which has merged with Hinduja Finance w.e.f.
1st July 1999. |
b) Col. 3 and Col. 4
are not comparable, as the year to date figures in col
3 are for six months. Col 4 represents three months Period
as the previous period of nine months ended 31st March
2000. |
c) The proposed mergers
of the other companies namely Hinduja Telecom India Ltd.,
Melody Trading Pvt. Ltd. and Richman Investrade Pvt. Ltd.
have already been approved by the shareholders and creditors
of all companies. The appointed date of the above mentioned
three amalgamations is 31st August 2000. The income from
these companies will be included after the approval of
these mergers from the High Court of Bombay. |
|
Sales/Total income from operations include realised/unrealised
profit/(loss) from stock trading activites, gain/(loss)
from sale of investments, dividend, interest etc and sales
revenues of ALIT. |
|
Investments at cost as on 30.09.2000 were
Rs. 8074.43 lacs. |
a) Quoted investments
Rs.6268.30 lacs at cost, market value Rs. 3947.43 lacs. |
b) Unquoted investments
Rs. 1806.13 lacs at cost, valuation as per RBI norms Rs.922.64
lacs.The provision for diminution in value of investments
in the current year, wherever necessary, shall be made
at the year end. |
|
The above results were taken on record, at the meeting
of the Board of Directors of the Company held on 20th
October 2000. |