AUDITED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 31.12.2005 OF THE HOLDING COMPANY SYNERGY LOG-IN SYSTEMS LTD   

    (Rs. IN LAKHS
S.NO PARTICULARS SECOND QUARTER ENDED 31.12.2005   (1) SECOND QUARTER ENDED 31.12.2004   (2)     SIX      MONTHS  ENDED
31.12.2005 
(3)		     SIX      MONTHS  ENDED
31.12.2004 
(4)		 PREVIOUS YEAR ENDED
30.06.2005
(5)

1

NET SALES/INCOME FROM OPERATIONS

71.40

121.48

188.68

226.97

543.64

2

OTHER INCOME

3.21

84.79

5.28

85.19

238.62

3 TOTAL  74.61 206.27 193.96 312.16 782.26

4

TOTAL EXPENDITURE

 

(A) STAFF COST

60.13

108.04

127.39

207.89

417.75

 

(B) OTHER EXPENSES & PROVISIONS 

55.70

118.18

100.77

183.15

412.95

 

(C) PROVISION FOR DIMINUTION IN VALUE OF INVESTMENTS

32.50

5

YEAR END ADJUSTMENTS -

-

-

-

-

6

INTEREST

1.01

1.27

1.81

1.27

8.47

7

DEPRECIATION

3.06

3.72

6.78

7.44

47.74

8

PROFIT(+)/LOSS(-) BEFORE TAX(3-4-5-6-7)

(45.29)

(24.94)

(42.79)

(87.59)

(137.15)

9

PRIOR YEAR EXPENSES

-

- -

-

4.82

10

GOODWILL WRITTEN OFF - -

-

-

1.86

11

PROVISION FOR TAXATION -

-

-

-

1.63

12

NET PROFIT(+) / LOSS(-)(8-9-10-11)

(45.29)

(24.94)

(42.79)

(87.59)

(145.46)

13 PAID-UP EQUITY SHARE CAPITAL 657.11 657.11 657.11 657.11 657.11
14 RESERVES EXCLUDING REVALUATION RESERVES (AS PER BALANCE SHEET OF PREVIOUS ACCOUNTING YEAR TO BE GIVEN IN COLUMN(5) - - - - 541.21
15 BASIC AND DILUTED EPS (IN RS)FOR THE PERIOD, FOR THE YEAR TO DATE AND FOR THE PREVIOUS YEAR  
(NOT TO BE ANNUALIZED ) 		(0.69) (0.38) (0.65) (1.33) (2.09)
16 AGGREGATE OF NON- PROMOTERS SHARE HOLDING
- NO OF SHARES 
-PERCENTAGE OF SHARE HOLDING 		 

 4815835
73.90

Notes:
  1. The above Statement of audited financial results was taken on record by the Board of Directors at their Meeting held on 30th January 2006.Figures have been regrouped where ever necessary .
  2. Provisions:
    - No Provision has been made for Income Tax as there was no liability.
  3. The Audit Committee reviewed the financial statements.
  4.  In accordance with clause 41 of the Listing Agreement we report that the status of Investors compliant for the period from 01.10.2005 to 31.12.2005 is as follows:
    Pending at the beginning of the quarter. Received during the quarter. Redressed during the quarter. Pending at the end of the quarter. TOTAL.
    - - - - -
  For and on behalf of the Board of
SYNERGY LOG-IN SYSTEMS LIMITED

 
Place : Chennai P.SANTHANAM
Date   : 30th January 2006  DIRECTOR

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