Jun. '07 QR

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" height=90 BGCOLOR="#006699" TEXT="#080000" background="043d05a3.jpg"> <div> <FONT SIZE="5" COLOR="#000000" FACE="Arial" ><B>MORGAN VENTURES LIMITED</B></FONT><B>    </B><B> |     </B><A HREF="index.htm" TARGET="_top" TITLE="MORGAN VENTURES LIMITED"><B>home</B></A></div> <div> <A HREF="id66.htm" TARGET="_top" TITLE="DEC.05 SH">DEC.'05 SH</A>   |   <A HREF="id83.htm" TARGET="_top" TITLE="June 06 SH">June '06 SH</A>   |   <A HREF="id84.htm" TARGET="_top" TITLE="P2">P2</A>   |   <A HREF="id85.htm" TARGET="_top" TITLE="P3">P3</A>   |   <A HREF="id86.htm" TARGET="_top" TITLE="P4">P4</A>   |   <A HREF="id87.htm" TARGET="_top" TITLE="P5">P5</A>   |   <A HREF="id88.htm" TARGET="_top" TITLE="P6">P6</A>   |   <A HREF="id89.htm" TARGET="_top" TITLE="P7">P7</A>   |   <A HREF="id90.htm" TARGET="_top" TITLE="June 06 SR">June '06 SR</A>   |   <A HREF="id91.htm" TARGET="_top" TITLE="Mar.06 QR">Mar.'06 QR</A>   |   <A HREF="id92.htm" TARGET="_top" TITLE="June 06 QR">June '06 QR</A>   |   <A HREF="id93.htm" TARGET="_top" TITLE="Mar.06 SR">Mar.'06 SR</A>   |   <A HREF="id94.htm" TARGET="_top" TITLE="Sep.06 SH ">Sep.'06 SH </A>   |   <A HREF="id95.htm" TARGET="_top" TITLE="Page 2">Page 2</A>   |   <A HREF="id96.htm" TARGET="_top" TITLE="Page 5">Page 5</A>   |   <A HREF="id100.htm" TARGET="_top" TITLE="Page 6">Page 6</A>   |   <A HREF="id101.htm" TARGET="_top" TITLE="Page 7">Page 7</A>   |   <A HREF="id102.htm" TARGET="_top" TITLE="Dec.06 SH">Dec.06 SH</A>   |   <A HREF="id103.htm" TARGET="_top" TITLE="Page 2">Page 2</A>   |   <A HREF="id104.htm" TARGET="_top" TITLE="Page 3">Page 3</A>   |   <A HREF="id105.htm" TARGET="_top" TITLE="Page4">Page4</A>   |   <A HREF="id106.htm" TARGET="_top" TITLE="Page 5">Page 5</A>   |   <A HREF="id107.htm" TARGET="_top" TITLE="Dec. 06 QR">Dec. 06 QR</A>   |   <A HREF="id108.htm" TARGET="_top" TITLE="Dec. 06 SR">Dec. 06 SR</A>   |   <A HREF="id109.htm" TARGET="_top" TITLE="June 07 SH">June 07 SH</A>   |   <A HREF="id110.htm" TARGET="_top" TITLE="Page 2">Page 2</A>   |   <A HREF="id111.htm" TARGET="_top" TITLE="Page 3">Page 3</A>   |   <A HREF="id112.htm" TARGET="_top" TITLE="Page 4">Page 4</A>   |   <A HREF="id113.htm" TARGET="_top" TITLE="Page 5">Page 5</A>   |   <A HREF="id114.htm" TARGET="_top" TITLE="March 07 SH">March '07 SH</A>   |   <A HREF="id115.htm" TARGET="_top" TITLE="Sh 07p2">Sh 07-p2</A>   |   <A HREF="id116.htm" TARGET="_top" TITLE="Sh 07 p3">Sh '07 -p3</A>   |   <A HREF="id117.htm" TARGET="_top" TITLE="Mar. 08 SH">Mar. 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Office  :  53, Friends Colony (East), New Delhi-110065.</div> </tD> </tR> <tR> </tR> <tR> <tD VALIGN=TOP ROWSPAN=2 COLSPAN=6 HEIGHT= 1 ><NOBR><div> Unaudited Financial Results (Provisional) For The Quarter Ended 30th June,2007</div> </NOBR></tD> </tR> <tR> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="269" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><div>                                                                            (Rs. in lacs unless otherwise stated)</div> </tD> <tD VALIGN=TOP WIDTH="98"><div>  </div> </tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><div> (Rs. In lacs)</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="65"><div> <B>Sl.</B></div> </tD> <tD VALIGN=TOP WIDTH="269"><div> <B>Particulars</B></div> </tD> <tD VALIGN=TOP WIDTH="98"><div> <B>Quarter</B></div> </tD> <tD VALIGN=TOP WIDTH="98"><div> <B>Quarter</B></div> </tD> <tD VALIGN=TOP WIDTH="98"><div> <B>Year</B></div> </tD> <tD VALIGN=TOP WIDTH="120"><div> <B>Previous</B></div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><div> No.</div> </tD> <tD VALIGN=TOP WIDTH="269"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="269" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><div> Ended</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> Ended</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> Ended</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> Accounting</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="269" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> 30.06.2007</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> 30.06.2006</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> 30.06.2007</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="120"><div> Year Ended</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="269" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><div> <B>30.06.2006</B></div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="269" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> (Unaudited)</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> (Unaudited)</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> (Unaudited)</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="120"><div> (Audited)</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><div> 1</div> </tD> <tD VALIGN=TOP><NOBR><div> Net Sales/Income From Operations</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="98"><div> 1813.59</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 220.04</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 2611.88</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> 957.84</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><div> 2</div> </tD> <tD VALIGN=TOP WIDTH="269"><div> Total Expenditure</div> </tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><div> a)  (Increase)/Decrease in Stock in Trade</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 1426.44</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 1504.16</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> -5648.35</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><div> b)  Purchase of Plant</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> 5900.00</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><div> c)  Staff Cost</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 15.47</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 4.62</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 33.48</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> 25.98</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><div> d)  Other Expenditure</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 60.72</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 168.94</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 141.10</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> 89.96</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><div> 3</div> </tD> <tD VALIGN=TOP WIDTH="269"><div> Interest</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 201.21</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 350.95</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 201.21</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> 351.84</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><div> 4</div> </tD> <tD VALIGN=TOP WIDTH="269"><div> Depreciation</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 30.86</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 32.37</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 123.79</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> 129.19</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><div> 5</div> </tD> <tD VALIGN=TOP WIDTH="269"><div> Profit before Tax</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 78.89</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> -336.84</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 158.14</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> 109.22</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><div> (1+2-3-4)</div> </tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><div> 6</div> </tD> <tD VALIGN=TOP WIDTH="269"><div> Provision for Taxation</div> </tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><div>  </div> </tD> <tD VALIGN=TOP WIDTH="269"><div> A)Income Tax</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 15.00</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 16.24</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 15.00</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> 16.24</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> b)  Deffered Tax Assets (Liability)</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="98"><div> 2.52</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> -104.86</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 2.52</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> -14.77</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><div> c)  Fringe Benefit Tax</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 0.13</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 0.06</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 0.13</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> 0.14</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><div> 7</div> </tD> <tD VALIGN=TOP><NOBR><div> Excess provisions Written back</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="98"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> 28.20</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><div> 8</div> </tD> <tD VALIGN=TOP WIDTH="269"><div> Net Profit  (5-6+7)</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 66.28</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> -458.00</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 145.53</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> 106.27</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><div> 9</div> </tD> <tD VALIGN=TOP><NOBR><div> Paid up Equity Share Capital</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="98"><div> 989.84</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 989.81</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 989.84</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> 989.81</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><div> 10</div> </tD> <tD VALIGN=TOP><NOBR><div> Reserves (Excluding Revaluation</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div>                   -   </div> </NOBR></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div>               1,895.53 </div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> Reserves) as per Balance Sheet</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> of previous accounting year</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><div> 11</div> </tD> <tD VALIGN=TOP WIDTH="269"><div> Basic and diluted EPS</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 0.66</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> -4.58</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 1.46</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> 1.06</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><div> (Not Annualised) - (Rs.)</div> </tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="65"><div> 12</div> </tD> <tD VALIGN=TOP WIDTH="269"><div> Aggregate of Non-Promoters Shareholding :</div> </tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><div> Number of Shares</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 2595300</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 2595300</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 2595300</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> 2595300</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> Percentage of Shareholding</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="98"><div> 25.95</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 25.95</div> </tD> <tD VALIGN=TOP WIDTH="98"><div> 25.95</div> </tD> <tD VALIGN=TOP WIDTH="120"><div> 25.95</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="269" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="65"><div> <B>Note</B></div> </tD> <tD VALIGN=TOP WIDTH="269"><div> <B>:</B></div> </tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="269" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="65"><div> 1</div> </tD> <tD VALIGN=TOP COLSPAN=4 WIDTH="572"><div> Previous year figures have been regrouped/rearranged wherever considered necessary.</div> </tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="65"><div> 2</div> </tD> <tD VALIGN=TOP COLSPAN=4 WIDTH="572"><div> No investor complaints were pending at the beginning of the quarter and one fresh complaint</div> </tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP COLSPAN=4><NOBR><div> was received during the quarter and disposed off to the satisfaction of share holder.</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="65"><div> 3</div> </tD> <tD VALIGN=TOP COLSPAN=5 WIDTH="695"><div> The above financial results have been reviewed by auditor & approved/taken on record by the Board of Directors of </div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP COLSPAN=2 WIDTH="370"><div>  the Company at their meeting held on 21st August, 2007</div> </tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="269" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="269" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="269" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP COLSPAN=2 WIDTH="199"><div> For & on behalf of the Board of</div> </tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="269" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP COLSPAN=2><NOBR><div> <B>Morgan Ventures Ltd.</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="269" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="269" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="65"><div> Date   </div> </tD> <tD VALIGN=TOP WIDTH="269"><div> :   21.08.2007</div> </tD> <tD VALIGN=TOP COLSPAN=3><NOBR><div> <B>                                     ( MEERA GOYAL)</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><div> Place </div> </tD> <tD VALIGN=TOP WIDTH="269"><div> :  New Delhi.</div> </tD> <tD VALIGN=TOP COLSPAN=3><NOBR><div>                                       Managing Director</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="65"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="65" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="269"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="269" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="98"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="98" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="120"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="120" HSPACE="0" VSPACE="0"></tD> </tR> </TABLE></div> <bR> </td> </tr></table></body>