Notes : |
1 |
a) The figures include financials
of our I.I. division, " ALIT", as a result of
merger of Ashok Leyland Information Technology Ltd. with
Hinduja Finance w.e.f 1st July 1999. |
b) The figures for the quarter
ended 31.12.2000 also includes financials of Hinduja Telecom
India Ltd., Melody Trading Pvt. Ltd. and Richman Investrade
Pvt. Ltd., as the shareholders and creditors of all companies
have approved the mergers. The mergers effective from
31st August 2000 are subject to Bombay High Court approval. |
c) Col. 3 and Col 4 are not
comparable, as the year to date figures in Col 3 are for
nine months. Col. 4 represents six months period as the
previous period consisted of nine months ended 31st March
2000. |
2 |
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. |
3 |
Investments at cost as on 31.12.2000
were Rs. 7411.59 lacs. |
a) Quoted investments Rs. 5729.60
lacs at cost : market value Rs. 4255.01 lacs. A Provision
for possible permanent diminution in value of quoted investments,
which is not likely to be significant as presently envisaged,
shall be made at the year end, wherever necessary. Since
the Company's core activity has shifted from Finance to
I.T. Sector, the NBFC function of the company will reduce
substantially. |
b) Unquoted investments Rs.
1681.99 lacs at cost : valuation as per RBI norms Rs.978.73
lacs. The diminution in value of unquoted investments
has been provided in full. |
4 |
The above results were taken on record,
at the meeting of the Board of Directors of the Company
held on 11th January 2001. |