UNAUDITED CONSOLIDATED FINANCIAL RESULTS (PROVISIONAL)  FOR THE QUARTER AND NINE MONTHS ENDED 31.03.2002
(Rs. IN LAKHS)
S.NO Particulars THIRD QUARTER ENDED
31.03.2003
(1)

NINE  MONTHS ENDED
31.03.2003
(2)

PREVIOUS YEAR ENDED
30.06.2002
(3)

1 NET SALES/INCOME FROM OPERATIONS 404.49 1,287.84 1,231.01
2 OTHER INCOME 1.63 18.53 5.85
3 TOTAL 406.12 1,306.37 1,236.86
4 TOTAL EXPENDITURE      
  (A) STAFF COST 132.97 343.71 318.38
  (B) OTHER EXPENSES 240.85 578.86 710.96
  (C) PROVISION FOR IMPLEMENTATION EXPENDITURE - 30.00 -
5 INTEREST 1.39 1.39 5.23
6 DEPRECIATION 11.30 124.10 117.15
7 PROFIT(+)/LOSS(-) BEFORE TAX(3-4-5-6) 19.61 228.31 85.14
8 PROVISION FOR TAXATION - - -
9 NET PROFIT(+)/LOSS (-) (7-8) 19.61 228.31 85.14
10 PAID-UP EQUITY SHARE CAPITAL  1,629.28 1,629.28 1,629.28
11 RESERVES EXCLUDING REVALUATION RESERVES( AS PER BALANCE SHEET OF PREVIOUS ACCOUNTING YEAR TO BE GIVEN (5))   - - 1,021.68
12 BASIC AND DILUTED EPS(IN RS) FOR THE PERIOD, FOR THE YEAR TO DATE AND FOR THE PREVIOUS YEAR  
(NOT TO BE ANNUALIZED ) 		0.12 1.40 0.52
13 AGGREGATE OF NON-PROMOTERS SHAREHOLDING
    - NUMBER OF SHARES
    - PERCENTAGE OF SHAREHOLDING 		-
- 		- -

Note :
Corresponding figures for the previous periods not available as this is the first year of publication of consolidated quarterly results

UNAUDITED FINANCIAL RESULTS(PROVISIONAL) FOR THE QUARTER AND NINE MONTHS ENDED 31.03.2003 OF THE HOLDING COMPANY SYNERGY LOG-IN SYSTEMS LTD.
(Rs. IN LAKHS)
S.NO PARTICULARS THIRD QUARTER ENDED
31.03.2003
(1)

THIRD QUARTER ENDED
31.03.2002
(2)

NINE MONTHS ENDED
31.03.2003
(3)

NINE  MONTHS ENDED
31.03.2002
(4)

PREVIOUS YEAR ENDED
30.6.2002
(5)

1 NET SALES/INCOME FROM OPERATIONS 228.68 302.05 804.34 959.63 1,158.25
2 OTHER INCOME 1.63 0.52 18.53 2.94 5.85
3 TOTAL 230.31 302.57 822.87 962.57 1,164.10
4 TOTAL EXPENDITURE          
  (A) STAFF COST 132.97 84.77 343.71 226.66 318.38
  (B) OTHER EXPENSES 107.13 160.97 200.45 562.33 611.22
  (C) PROVISION FOR IMPLEMENTATION EXPENDITURE - - 30.00 - -
5 INTEREST 1.39 1.73 1.39 2.24 5.23
6 DEPRECIATION 11.30 12.96 124.10 38.88 116.68
7 PROFIT(+)/LOSS(-) BEFORE TAX(3-4-5-6) (22.48) 42.14 123.22 132.46 112.59
8 PROVISION FOR TAXATION - - - - -
9 NET PROFIT(+)/LOSS (-)  (7-8) (22.48) 42.14 123.22 132.46 112.59
10 PAID-UP EQUITY SHARE CAPTIAL  (7-8) 1,629.28 1,629.28 1,629.28 1,629.28 1,629.28
11 RESERVES EXCLUDING REVALUATION RESERVES (AS PER BALANCE SHEET OF PREVIOUS ACCOUNTING YEAR TO BE GIVEN IN COLOUMN(5) - - - - 1,140.18
12 BASIC AND DILUTED EPS (IN RS) FOR THE PERIOD, FOR THE YEAR TO DATE AND FOR THE PREVIOUS YEAR ( NOT TO BE ANNUALISED) (0.14) 0.26 0.76 0.81 0.69
13 AGGREGATE OF NON-PROMOTERS SHAREHOLDING
-NUMBER OF SHARES
-PERCENTAGE OF SHAREHOLDING 		         

Notes
1 The above Statement of unaudited financial results was taken on record by the Board of Directors at their Meeting held on 30th April 2003. Figures have been regrouped wherever necessary.
2 Provisions:
- No provision has been made for Income Tax as there was no liability
- The Company provides depreciation on Computer Hardware on an accelerated basis according to which the cost of Computer Hardware would be written off over a period of 3 years. On account of this policy the depreciation charged is more by Rs 2.50 lacks for the quarter ended 31.03.2003 and Rs. 7.50 lacs for the nine months ended on that date and the net profit is understated to the same extent.
3 As the results pertain to single segment, the segment reporting under Accounting Standards 17 is not applicable.
5 Products license fee billing was sluggish during this quarter resulting in lower turnover and profits

  For and on behalf of the Board of
SYNERGY LOG-IN SYSTEMS LIMITED
 
 
 
Place : Chennai V.SANJAY KUMAR
Date   : 30th April 2003 MANAGING DIRECTOR

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