| Rs. In Lacs |
| UNAUDITED
FINANCIAL RESULTS ( PROVISIONAL) FOR THE QUARTER ENDED
30TH SEPTEMBER 2003 |
| Sr.
No. |
Particulars |
I.T.
|
Other
than I.T. |
Total |
Year
to date |
Audited |
|
For the Quarter ended 30.09.03 |
For the Quarter ended 30.09.02 |
For the Quarter ended 30.09.03 |
For the Quarter ended 30.09.02 |
For the
First Quarter ended 30.09.03 |
For the
First Quarter ended 30.09.02 |
Current
Year |
Previous
Year |
Year
ended
31.03.03 |
| 1 |
Total Income |
3665.42 |
2336.05 |
441.13 |
484.56 |
4106.55 |
2820.61 |
7600.65 |
5281.47 |
11446.59 |
| |
Sales / Income from Operations |
3663.70 |
2323.19 |
337.83 |
406.78 |
4001.53 |
2729.97 |
7439.78 |
5069.73 |
11186.64 |
| |
Profit / (Loss) on sale of Investments |
0.00 |
0.00 |
103.15 |
37.36 |
103.15 |
37.36 |
158.26 |
147.68 |
178.31 |
| |
Other Income |
1.72 |
12.86 |
0.15 |
40.42 |
1.87 |
53.28 |
2.61 |
64.06 |
81.64 |
| |
|
|
|
|
|
|
|
|
|
|
| 2 |
Total Expenditure |
1780.36 |
798.14 |
162.83 |
143.05 |
1943.19 |
941.19 |
3559.98 |
1807.94 |
4448.70 |
| |
|
|
|
|
|
|
|
|
|
|
| |
a) Direct Cost, Product charges and Connectivity
Cost |
603.86 |
48.30 |
0.00 |
0.00 |
603.86 |
48.30 |
866.12 |
90.14 |
366.16 |
| |
b) Staff Cost |
748.20 |
499.22 |
41.81 |
39.28 |
790.01 |
538.50 |
1543.62 |
1037.48 |
2294.50 |
| |
c) Rent and Compensation Charges |
30.97 |
32.73 |
21.22 |
21.23 |
52.19 |
53.96 |
114.40 |
112.72 |
223.43 |
| |
d) Legal and Professional Charges |
37.85 |
17.35 |
31.29 |
40.54 |
69.14 |
57.89 |
113.89 |
89.30 |
146.34 |
| |
e) Discounts and Commission |
180.09 |
64.02 |
0.00 |
0.00 |
180.09 |
64.02 |
349.42 |
119.49 |
483.15 |
| |
f) Other |
179.39 |
136.52 |
68.51 |
42.00 |
247.90 |
178.52 |
572.53 |
358.81 |
935.12 |
| |
|
|
|
|
|
|
|
|
|
|
| 3. |
Interest and other Finance Charges |
0.00 |
6.51 |
0.00 |
1.14 |
0.00 |
7.65 |
0.16 |
7.86 |
0.00 |
| |
|
|
|
|
|
|
|
|
|
|
| 4. |
Gross Profit (after Interest but
before Depreciation, Tax & Exceptional Items ) |
1885.06 |
1531.40 |
278.30 |
340.37 |
2163.36 |
1871.77 |
4040.51 |
3465.67 |
6997.89 |
| |
|
|
|
|
|
|
|
|
|
|
| 5. |
Less : Depreciation / Amortisation |
99.75 |
70.54 |
8.21 |
7.24 |
107.96 |
77.78 |
211.95 |
142.06 |
385.96 |
| |
|
|
|
|
|
|
|
|
|
|
| 6. |
Add : Exceptional Items |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| |
|
|
|
|
|
|
|
|
|
|
| 7. |
Profit / ( Loss ) before Tax |
1785.31 |
1460.86 |
270.09 |
333.13 |
2055.40 |
1793.99 |
3828.56 |
3323.61 |
6611.92 |
| 8. |
Provision for Taxation ( incl. Deferred
Tax ) |
0.00 |
100.00 |
25.00 |
110.00 |
25.00 |
210.00 |
75.00 |
315.00 |
408.87 |
| 9. |
Profit / ( Loss ) after Tax |
1785.31 |
1360.86 |
245.09 |
223.13 |
2030.40 |
1583.99 |
3753.56 |
3008.61 |
6203.05 |
| 10. |
Paid-up Equity Share Capital ( Face Value
Rs. 10/- ) |
|
|
|
|
4,090.39 |
3,558.37 |
4,090.39 |
3,558.37 |
4,090.39 |
| 11. |
Final Dividend |
|
|
|
|
|
|
|
|
2,863.27 |
| 12. |
Reserves Excluding Revaluation Reserve |
|
|
|
|
|
|
|
|
38,303.93 |
| 13. |
Basic and Diluted E.P.S. ( not annualised
) ( Rs.) |
|
|
|
|
4.96 |
4.45 |
9.18 |
8.46 |
15.16 |
| |
|
|
|
|
|
|
|
|
|
|
| 14. |
Aggregate of Non-Promoter Shareholding: |
|
|
|
|
|
|
|
|
|
| |
- Number of shares |
|
|
|
|
|
|
10,230,764 |
10,203,264 |
10,228,264 |
| |
- Percentage of Shareholding ( % ) |
|
|
|
|
|
|
25.01 |
28.67 |
25.01 |
|
| |
| |
| Notes : |
| 1. |
During the quarter, 21 fresh complaints
were received. All the complaints including one at the
beginning of the quarter were resolved, hence
there was no complaint pending as on 30th September, 2003. |
| |
|
| 2. |
Previous period figures have been regrouped wherever
necessary. |
| |
|
|
The Statutory Auditors have carried
out a limited review of the financial results of quarter and
half year ended 30th September, 2003 as per clause
41 of the Listing Agreement with Stock Exchanges. The above
results were reviewed by the Audit committee and taken on record
by the Board
of Directors at its meeting held on 30th October, 2003. |
| |
| Segment information as per Clause 41 of the Listing
Agreement for the quarter ended 30th September, 2003 |
| Rs. In Lacs |
| Particulars |
Quarter
ended
Sept. 30, 2003 |
Quarter
ended
Sept. 30, 2002 |
Six
months ended
Sept. 30, 2003 |
Six
months ended
Sept. 30, 2002 |
Year
ended
March 31, 2003 |
| |
|
|
|
|
|
| Segment Revenues
|
| a) Convergence Activities |
|
|
|
|
|
| i) I.T. |
3663.70 |
2323.19 |
6837.31 |
4340.83 |
9977.81 |
| ii) Media - Telecom |
210.18 |
237.79 |
429.34 |
491.52 |
890.14 |
| |
3873.88 |
2560.98 |
7266.65 |
4832.35 |
10867.95 |
| b) Treasury |
230.95 |
232.21 |
331.39 |
410.88 |
497.00 |
| c) Others ( unallocated ) |
1.72 |
27.42 |
2.61 |
38.24 |
81.64 |
| Total Income |
4106.55 |
2820.61 |
7600.65 |
5281.47 |
11446.59 |
| |
|
|
|
|
|
| Segment Results-
Profit / (Loss) before tax and interest from segment |
| a) Convergence Activities |
|
|
|
|
|
| i) I.T. |
1785.31 |
1467.37 |
3382.39 |
2690.19 |
5787.28 |
| ii) Media - Telecom |
144.06 |
187.32 |
292.87 |
377.79 |
514.84 |
| |
1929.37 |
1654.69 |
3675.26 |
3067.98 |
6302.12 |
| b) Treasury |
199.38 |
224.48 |
289.99 |
394.22 |
461.41 |
| c) Others ( unallocated ) |
(73.35) |
(77.53) |
(136.53) |
(130.73) |
(151.61) |
| |
2055.40 |
1801.64 |
3828.72 |
3331.47 |
6611.92 |
| Less : Interest |
0.00 |
7.65 |
0.16 |
7.86 |
0.00 |
| |
|
|
|
|
|
| Total Profit before Tax |
2055.40 |
1793.99 |
3828.56 |
3323.61 |
6611.92 |
| |
|
|
|
|
|
| Capital Employed (Segment Assets
- Segment Liabilities) |
| a) Convergence Activities * |
|
|
|
|
|
| i) I.T. |
8352.58 |
6069.69 |
8352.58 |
6069.69 |
7654.42 |
| ii) Media - Telecom |
29294.02 |
24407.19 |
29294.02 |
24407.19 |
28679.94 |
| |
37646.60 |
30476.88 |
37646.60 |
30476.88 |
36334.36 |
| b) Treasury |
8609.05 |
9166.37 |
8609.05 |
9166.37 |
8602.03 |
| c) Others ( unallocated ) |
(107.73) |
663.53 |
(107.73) |
663.53 |
(2542.07) |
| Total |
46147.92 |
40306.78 |
46147.92 |
40306.78 |
42394.32 |
|
| |
| There are no Inter Segment Revenues |
| * This includes
capital employed in TMT (Technology, Media and Telecom) subsidiaries.
|
| |
|
Place :
Mumbai
Date : 30th October, 2003
|
For
Hinduja TMT Limited
S. Solomon Raj
Vice Chairman |
|
|
| |
  |
|
