AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED MARCH 31, 2009
							(Rs.In Lacs)
Sr.	Particulars	Quarter	Quarter	Year Ended	Year Ended	CONSOLIDATED
No.		Ended	Ended			Year Ended
		31/3/2009	31/3/2008	31/3/2009	31/3/2008	31/3/2009	31/3/2008
		(Unaudited)	(Unaudited)	(Audited)	(Audited)	(Audited)	(Audited)
1	Income From Operations	70.08	81.32	268.58	306.84	268.58	306.84
2	Expenditure
	a.    (Increase)/Decrease in Stock	5.88	22.05	(18.39)	6.62	(18.39)	6.62
	b.    Software Charges	49.75	46.38	189.00	228.12	189.00	228.12
	c.    Staff Cost	0.84	2.60	17.04	23.60	17.04	46.11
	d.    Depreciation	2.21	79.29	8.93	103.82	11.21	107.22
	e.    Other Expenditure	64.50	25.25	140.41	117.58	144.20	152.49
	g.    TOTAL	123.18	175.57	336.99	479.74	343.06	540.56
3	Profit from Operations before Other Income,
	Interest and Exceptional Items ( 1-2 )	(53.10)	(94.25)	(68.41)	(172.90)	(74.48)	(233.72)
4	Other Income	58.94	375.08	120.28	445.64	145.92	490.01
5	Profit before Interest and Exceptional Items ( 3+4 )	5.84	280.83	51.87	272.74	71.44	256.29
6	Interest	0.00	0.00	0.00	0.00	0.00	0.00
7	Profit after Interest but before Exceptional Items ( 5-6 )	5.84	280.83	51.87	272.74	71.44	256.29
8	Exceptional Items	0.00	0.00	0.00	0.00	0.00	0.00
9	Profit From Ordinary Activities before Tax ( 7+8 )	5.84	280.83	51.87	272.74	71.44	256.29
10	Tax Expenses	2.37	5.44	2.72	5.92	2.86	5.99
11	Net Profit From Ordinary Activities after Tax ( 9-10 )	3.47	275.39	49.15	266.82	68.58	250.30
12	Extraordinary Items	0.00	0.00	0.00	0.00	0.00	0.00
13	Net Profit for the period ( 11-12 )	3.47	275.39	49.15	266.82	68.58	250.30
14	Minority Interest					0.70	52.14
15	Profit after Minority Interest					67.88	198.16
16	Paid up Equity Share Capital	468.00	468.00	468.00	468.00	468.00	468.00
	(Face Value of  Share Rs. 10 each )
17	Reserves Excluding Revaluation Reserves				855.85	853.90	1060.97
18	Earnings per Share ( EPS )
	Diluted EPS for the Period				644.11
	( a ) Basic & Diluted EPS before extraordinary items	0.07	5.88	1.05	5.70	1.45	4.23
	( b ) Basic & Diluted EPS after extraordinary items	0.07	5.88	1.05	5.70	1.45	4.23
19	Public Shareholding
	(a) No. of Shares	1951874	2003175	1951874	2003175	1951874	2003175
	(b) Percentage of shareholding	41.71%	42.80%	41.71%	42.80%	41.71%	42.80%
20	Promoters and promoter group Shareholding
	a) Pledged/Encumbered
	-Number of Shares	-	-	-	-	-	-
	-Percentage of shares (as a % of the total shareholding	-	-	-	-	-	-
	of promoter and promoter group)
	-Percentage of shares (as a% of the total share capital	-	-	-	-	-	-
	of the company)
	b) Non-encumbered
	-Number of Shares	2728126	2676825	2728126	2676825	2728126	2676825
	-Percentage of shares (as a % of the total shareholding
	of promoter and promoter group)	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
	-Percentage of shares (as a% of the total share capital	58.29%	57.20%	58.29%	57.20%	58.29%	57.20%
	of the company)
Notes :
(1)	The above results were reviewed by the Audit Committee and thereafter the same were approved and taken on record at the meeting of the
	Board of  Directors held on June 30, 2009.
(2)	The above figures have been regrouped, rearranged wherever necessary.
(3)	The Company's operations fall under single segment namely " Computer Software and Services Exports".
(4)	The consolidated results have been prepared in line with the requirements of Accounting Standard-21 "Consolidated Financial Statements".
(5)	There were no investor complaints received or pending for the quarter ended 31st March, 2009.
(6)	The extent of holding of the company in Rajkot Computer Education Pvt. Ltd is 100%,  in Apex Advanced Technology Pvt. Ltd. is 98.62%
	in Aspire Exim Pvt. Ltd.is 100%, Cosmos Services Pvt. Ltd. Is 100%, Citizen Solutions Pvt. Ltd. is 100%, Jubilant Exim Pvt. Ltd. is 100%
	and Speedwel Engineers Pvt. Ltd. is 100% as on 31-03-2009.
					For and on Behalf of the Board
Place : Rajkot
Date   : 30-06-2009
					Sanjay H. Dhamsania
					Jt. Managing Director