AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 30.06.2004 OF THE HOLDING COMPANY SYNERGY LOG-IN SYSTEMS LTD   

    (Rs. IN LAKHS
S.NO PARTICULARS FIGURES FOR THE 9 MONTHS ENDED
31.03.2004		 FIGURES FOR THE LAST  QUARTER ENDED
30.06.2004		 FIGURES FOR THE CORRESPONDING QUARTER OF THE PERVIOUS YEAR ENDED
30.06.2003		 AUDITED FIGURES FOR THE CURRENT YEAR  ENDED
30.06.2004 		 AUDITED FIGURES FOR THE PREVIOUS YEAR ENDED
30.6.2003

1

NET SALES/INCOME FROM OPERATIONS

671.53

240.46

178.19

911.99

982.53

2

OTHER INCOME

2.57

(1.01)

11.64

1.56

30.17

3 TOTAL  674.10 239.45 189.83 913.55 1,012.70

4

TOTAL EXPENDITURE

 

(A) STAFF COST

349.07

131.80

124.86

480.87

468.57

 

(B) OTHER EXPENSES

249.60

112.56

83.31

362.16

283.76

 

(C) LOSS ON SALE OF FIXED ASSETS

1.17

-

1.17

 

(D) LOSS ON SALE OF INVESTMENTS

3.61

-

3.61

 

(E)PROVISION FOR IMPLEMENTATION EXPENDITURE

(30.00)

-

5

YEAR END ADJUSTMENTS

15.88

30.56

15.88

30.56

6

INTEREST

0.43

0.5

3.14

0.93

4.53

7

DEPRECIATION

72.73

7.89

17.85

80.62

141.95

8

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

2.27

(29.18)

(44.67)

(26.91)

78.55

9

PRIOR YEAR EXPENSES

7.46

0.01 5.42

7.47

5.42

10

ADD  : PRIOR YEAR INCOME

12.77

-

12.77

11

PROVISION FOR TAXATION

-

-

12

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

(5.19)

(29.19)

(37.32)

(34.38)

85.90

13 PAID-UP EQUITY SHARE CAPITAL 1,629.28 657.11 1,629.28 657.11 1,629.28
14 RESERVES EXCLUDING REVALUATION RESERVES (AS PER BALANCE SHEET OF PREVIOUS ACCOUNTING YEAR TO BE GIVEN IN COLUMN(5) 583.65 1,226.10
15 BASIC AND DILUTED EPS (IN RS)FOR THE PERIOD, FOR THE YEAR TO DATE AND FOR THE PREVIOUS YEAR  
(NOT TO BE ANNUALIZED ) 		0.01 (0.44) (0.27) (0.41) 0.48
16 AGGREGATE OF NON- PROMOTERS SHARE HOLDING
- NO OF SHARES 
-PERCENTAGE OF SHARE HOLDING 		 
4788662
73.48

  

Notes:
  1. The above Statement of audited financial results was taken on record by the Board of Directors at their Meeting held on 23rd September, 2004.Figures have been regrouped where ever necessary .
  2. Provisions:
    - No Provision has been made for Income Tax as there was no liability as on 31.03.2004.
  3. The Annual General Meeting of the Company will be held on 24.11.2004.
  4. The Company's book closure is slated to be from 18.11.2004 to 24.11.2004.
  5. Quarterly Reporting of Segment wise results is furnished separately.
  6. Earnings Per Share has been worked out based on post reduction equity shares.
  For and on behalf of the Board of
SYNERGY LOG-IN SYSTEMS LIMITED

 
Place : Chennai V.SANJAY KUMAR
Date   : 23rd September 2004 MANAGING DIRECTOR

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