Dec. '04 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="id21.htm" TARGET="_top" TITLE="Sep. 04 QR">Sep.' 04 QR</A>   |   <B>Dec. '04 QR</B>   |   <A HREF="id45.htm" TARGET="_top" TITLE="Mar. 05 QR">Mar. '05 QR</A>   |   <A HREF="id46.htm" TARGET="_top" TITLE="Jun. 05 QR">Jun. '05 QR</A>   I   <A HREF="id65.htm" TARGET="_top" TITLE="Sep. 05 QR">Sep. '05 QR</A></div> <div> </div> </td> </tr><tr> <td valign="top" height=390 BGCOLOR="#FFFFCC" TEXT="#080000"> <bR> <div> <TABLE BORDER="2" CELLPADDING="1" CELLSPACING="1" WIDTH="601" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BOX" RULES="ALL" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP COLSPAN=7 HEIGHT= 38 WIDTH="579"><div> Unaudited Financial Results (Provisional) For The Quarter Ended 31st  December,2004</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="188" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 57 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="57" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><div>                                                                            (Rs. in lacs unless otherwise stated)</div> </tD> <tD VALIGN=TOP WIDTH="68"><div>  </div> </tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="57" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="57" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="57" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><div> (Rs. In lacs)</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 39 WIDTH="31"><div> <B>Sl.</B></div> </tD> <tD VALIGN=TOP WIDTH="188"><div> <B>Particulars</B></div> </tD> <tD VALIGN=TOP><NOBR><div> <B>Quarter</B></div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> <B>Quarter</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="68"><div> <B>Six Months</B></div> </tD> <tD VALIGN=TOP WIDTH="68"><div> <B>Six Months</B></div> </tD> <tD VALIGN=TOP><NOBR><div> <B>Previous</B></div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><div> No.</div> </tD> <tD VALIGN=TOP WIDTH="188"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="188" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><div> Ended</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> Ended</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> Ended</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> Ended</div> </tD> <tD VALIGN=TOP><NOBR><div> Accounting</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="188" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> 31.12.2004</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> 31.12.2003</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> 31.12.2004</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> 31.12.2003</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="70"><div> Year Ended</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="188" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> <B>30.06.2004</B></div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="188" 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><NOBR><div> (Unaudited)</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> (Audited)</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="31"><div> 1</div> </tD> <tD VALIGN=TOP WIDTH="188"><div> Net Sales/Income From Operations</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 273.72</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 52.79</div> </tD> <tD VALIGN=TOP><NOBR><div> 1114.55</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="68"><div> 138.55</div> </tD> <tD VALIGN=TOP WIDTH="70"><div> 957.20</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><div> 2</div> </tD> <tD VALIGN=TOP WIDTH="188"><div> Other Income</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="70"><div> 3.22</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><div> 3</div> </tD> <tD VALIGN=TOP WIDTH="188"><div> Total Expenditure</div> </tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><div> a)  Increase/Decrease in Stock in Trade</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.05</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 8.53</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 284.62</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 22.30</div> </tD> <tD VALIGN=TOP WIDTH="70"><div> 187.30</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> b)  Purchase of Securities</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="68"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 114.39</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.78</div> </tD> <tD VALIGN=TOP WIDTH="70"><div> 0.00</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><div> c)  Staff Cost</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 2.80</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.16</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 3.23</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 1.06</div> </tD> <tD VALIGN=TOP WIDTH="70"><div> 2.31</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> d)  Other Expenditure</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="68"><div> 4.66</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 1.00</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 7.16</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 4.20</div> </tD> <tD VALIGN=TOP WIDTH="70"><div> 156.65</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><div> 4</div> </tD> <tD VALIGN=TOP WIDTH="188"><div> Interest</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 4.99</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.10</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 5.04</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.22</div> </tD> <tD VALIGN=TOP WIDTH="70"><div> 10.14</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><div> 5</div> </tD> <tD VALIGN=TOP WIDTH="188"><div> Depreciation</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 47.73</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 19.51</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 123.89</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 23.70</div> </tD> <tD VALIGN=TOP WIDTH="70"><div> 62.38</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><div> 6</div> </tD> <tD VALIGN=TOP WIDTH="188"><div> Profit before Tax</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 213.49</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 23.49</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 576.22</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 86.29</div> </tD> <tD VALIGN=TOP WIDTH="70"><div> 541.64</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><div> (1+2-3-4-5)</div> </tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><div> 7</div> </tD> <tD VALIGN=TOP><NOBR><div> Provision for Taxation</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><div>  </div> </tD> <tD VALIGN=TOP WIDTH="188"><div> A)Income Tax</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 4.70</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 27.91</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="70"><div> 42.47</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><div> b)  Deffered Tax</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 120.47</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.74</div> </tD> <tD VALIGN=TOP WIDTH="70"><div> 173.38</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><div> 8</div> </tD> <tD VALIGN=TOP WIDTH="188"><div> Net Profit  (6-7)</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 208.79</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 23.49</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 427.84</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 85.55</div> </tD> <tD VALIGN=TOP WIDTH="70"><div> 325.80</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="31"><div> 9</div> </tD> <tD VALIGN=TOP WIDTH="188"><div> Paid up Equity Share Capital</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 985.66</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 985.66</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 985.66</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 985.66</div> </tD> <tD VALIGN=TOP WIDTH="70"><div> 985.66</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="31"><div> 10</div> </tD> <tD VALIGN=TOP COLSPAN=2><NOBR><div> Reserves (Excluding Revaluation</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="68"><div>                   -   </div> </tD> <tD VALIGN=TOP WIDTH="68"><div>                   -   </div> </tD> <tD VALIGN=TOP WIDTH="68"><div>                   -   </div> </tD> <tD VALIGN=TOP WIDTH="70"><div>             663.92 </div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP COLSPAN=2><NOBR><div> Reserves) as per Balance Sheet</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><div> of previous accounting year</div> </tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><div> 11</div> </tD> <tD VALIGN=TOP><NOBR><div> Basic and diluted EPS</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="68"><div> 2.09</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.23</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 4.27</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 0.86</div> </tD> <tD VALIGN=TOP WIDTH="70"><div> 3.26</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> (Not Annualised) - (Rs.)</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><div> 12</div> </tD> <tD VALIGN=TOP COLSPAN=3><NOBR><div> Aggregate of Non-Promoters Shareholding :</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><div> Number of Shares</div> </tD> <tD VALIGN=TOP><NOBR><div> 2595300</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> 2595300</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> 2595300</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> 2595300</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> 2595300</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><div> Percentage of Shareholding</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 25.95</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 25.95</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 25.95</div> </tD> <tD VALIGN=TOP WIDTH="68"><div> 25.95</div> </tD> <tD VALIGN=TOP WIDTH="70"><div> 25.95</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="188" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 ><NOBR><div> <B>Note</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="188"><div> <B>:</B></div> </tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="188" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="31"><div> 1</div> </tD> <tD VALIGN=TOP COLSPAN=6 WIDTH="545"><div> Previous year figures have been regrouped/rearranged wherever considered necessary.</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="31"><div> 2</div> </tD> <tD VALIGN=TOP COLSPAN=6 WIDTH="545"><div> No investor complaints were pending at the beginning of the quarter and no fresh complaints</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP COLSPAN=2><NOBR><div> were received during the quarter.</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="31"><div> 3</div> </tD> <tD VALIGN=TOP COLSPAN=6 WIDTH="545"><div> The above financial results have been approved/taken on record by the Board of Directors of </div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP COLSPAN=4><NOBR><div>  the Company at their meeting held on 31st  January, 2005.</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="31"><div> 4</div> </tD> <tD VALIGN=TOP COLSPAN=6 WIDTH="545"><div> Defffered Tax Liability of Rs 445.27 lacs will be provided at the end of the financial year.</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="188" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 39 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="39" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="39" ALIGN="bottom" WIDTH="188" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP COLSPAN=3 WIDTH="210"><div> <B>For & on behalf of the Board of</B></div> </tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="39" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="39" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="188" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP COLSPAN=3><NOBR><div> <B>Morgan Ventures Ltd.</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="188" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="188" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 ><NOBR><div> <B>Date   </B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="188"><div> <B>:   31.01.2005</B></div> </tD> <tD VALIGN=TOP COLSPAN=5><NOBR><div> <B>                                                ( MEERA GOYAL)</B></div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 ><NOBR><div> Place </div> </NOBR></tD> <tD VALIGN=TOP WIDTH="188"><div> :  New Delhi.</div> </tD> <tD VALIGN=TOP COLSPAN=5><NOBR><div>                                                Managing Director</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="188"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="188" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="68"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="68" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="70"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="70" HSPACE="0" VSPACE="0"></tD> </tR> </TABLE></div> <bR> </td> </tr></table></body>