Mar. '05 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>   |   <A HREF="id37.htm" TARGET="_top" TITLE="Dec. 04 QR">Dec. '04 QR</A>   |   <B>Mar. '05 QR</B>   |   <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"> <div> <I>Mar. '05 QR</I></div> <div> <TABLE BORDER="2" CELLPADDING="1" CELLSPACING="1" WIDTH="712" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BOX" RULES="ALL" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP COLSPAN=7 HEIGHT= 39 WIDTH="690"><div> <B>MORGAN VENTURES LTD.</B></div> <div> <B>(Formerly: Doogar & Associates Limited)</B></div> </tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=7 HEIGHT= 19 WIDTH="690"><div> Regd. Office  :  53, Friends Colony (East), New Delhi-110065.</div> </tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=7 HEIGHT= 19 WIDTH="690"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="690" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=7 HEIGHT= 19 ><NOBR><div> Unaudited Financial Results (Provisional) For The Quarter Ended 31st  March,2005</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=4 HEIGHT= 38 ><NOBR><div>                                                                            </div> <div>  </div> </NOBR></tD> <tD VALIGN=TOP COLSPAN=3><NOBR><div> (Rs. in lacs unless otherwise stated)</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP ROWSPAN=3 HEIGHT= 1 WIDTH="37"><div> Sl.</div> <div> No.</div> </tD> <tD VALIGN=TOP ROWSPAN=3 WIDTH="215"><div> Particulars</div> </tD> <tD VALIGN=TOP ROWSPAN=3><NOBR><div> Quarter</div> <div> Ended</div> <div> 31.03.2005</div> </NOBR></tD> <tD VALIGN=TOP ROWSPAN=3><NOBR><div> Quarter</div> <div> Ended</div> <div> 31.03.2004</div> </NOBR></tD> <tD VALIGN=TOP ROWSPAN=3><NOBR><div> Nine Months</div> <div> Ended</div> <div> 31.03.2005</div> </NOBR></tD> <tD VALIGN=TOP ROWSPAN=3><NOBR><div> Nine Months</div> <div> Ended</div> <div> 31.03.2004</div> </NOBR></tD> <tD VALIGN=TOP ROWSPAN=3><NOBR><div> Previous</div> <div> Accounting</div> <div> Year Ended</div> <div> <B>30.06.2004</B></div> </NOBR></tD> </tR> <tR> </tR> <tR> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="37" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="215"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="215" 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="37"><div> 1</div> </tD> <tD VALIGN=TOP WIDTH="215"><div> Net Sales/Income From Operations</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 763.42</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 1202.62</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 1877.97</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 1341.17</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 957.20</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><div> 2</div> </tD> <tD VALIGN=TOP WIDTH="215"><div> Other Income</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 3.22</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><div> 3</div> </tD> <tD VALIGN=TOP WIDTH="215"><div> Total Expenditure</div> </tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="87"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="87" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="87"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="87" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="37"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="37" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="215"><div> a)  (Increase)/Decrease in Stock in Trade</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 1.35</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> -840.94</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 285.97</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> -818.64</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 187.30</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="37" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> b)  Purchase of Securities</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="82"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 1581.98</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 114.39</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 1582.76</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 0.00</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="37" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="215"><div> c)  Staff Cost</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 8.90</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 0.38</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 12.13</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 1.44</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 2.31</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="37" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="215"><div> d)  Other Expenditure</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 7.55</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 1.71</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 14.72</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 5.91</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 156.65</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><div> 4</div> </tD> <tD VALIGN=TOP WIDTH="215"><div> Interest</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 0.01</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 9.85</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 5.05</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 10.07</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 10.14</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><div> 5</div> </tD> <tD VALIGN=TOP WIDTH="215"><div> Depreciation</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 34.60</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 36.50</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 158.49</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 60.20</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 62.38</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><div> 6</div> </tD> <tD VALIGN=TOP WIDTH="215"><div> Profit before Tax</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 711.01</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 413.14</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 1287.22</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 499.43</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 541.64</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="37" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="215"><div> (1+2-3-4-5)</div> </tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="87"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="87" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="87"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="87" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><div> 7</div> </tD> <tD VALIGN=TOP WIDTH="215"><div> Provision for Taxation</div> </tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="87"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="87" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="87"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="87" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><div>  </div> </tD> <tD VALIGN=TOP WIDTH="215"><div> a)Income Tax</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 39.90</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 27.91</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 39.90</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 42.47</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="37" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="215"><div> b)  Deffered Tax</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 147.16</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 147.90</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 173.38</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><div> 8</div> </tD> <tD VALIGN=TOP WIDTH="215"><div> Net Profit  (6-7)</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 711.01</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 226.08</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 1259.31</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 311.63</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 325.80</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><div> 9</div> </tD> <tD VALIGN=TOP><NOBR><div> Paid up Equity Share Capital</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="82"><div> 988.88</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 985.66</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 985.66</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 985.66</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 985.66</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 76 WIDTH="37"><div> 10</div> </tD> <tD VALIGN=TOP WIDTH="215"><div> Reserves (Excluding Revaluation Reserves) as per Balance Sheet of previous accounting year</div> </tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="76" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div>               -   </div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div>                 -   </div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div>                 -   </div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div>         663.92 </div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><div> 11</div> </tD> <tD VALIGN=TOP><NOBR><div> Basic and diluted EPS</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="82"><div> 7.19</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 2.30</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 12.78</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 3.16</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 3.26</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="37" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> (Not Annualised) - (Rs.)</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="87"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="87" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="87"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="87" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="37"><div> 12</div> </tD> <tD VALIGN=TOP WIDTH="215"><div> Aggregate of Non-Promoters Shareholding :</div> </tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="87"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="87" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="87"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="87" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="82"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="82" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="37" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="215"><div> Number of Shares</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 2595300</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 2595300</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 2595300</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 2595300</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 2595300</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="37" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> Percentage of Shareholding</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="82"><div> 25.95</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 25.95</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 25.95</div> </tD> <tD VALIGN=TOP WIDTH="87"><div> 25.95</div> </tD> <tD VALIGN=TOP WIDTH="82"><div> 25.95</div> </tD> </tR> </TABLE></div> <div> <TABLE BORDER="2" CELLPADDING="1" CELLSPACING="1" WIDTH="715" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BOX" RULES="ALL" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP HEIGHT= 20 ><NOBR><div> <B>Note</B></div> </NOBR></tD> <tD VALIGN=TOP COLSPAN=6 WIDTH="653"><div> <B>:</B></div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><div> 1</div> </tD> <tD VALIGN=TOP COLSPAN=6><NOBR><div> Previous year figures have been regrouped/rearranged wherever considered necessary.</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="37"><div> 2</div> </tD> <tD VALIGN=TOP COLSPAN=6 WIDTH="653"><div> No investor complaints were pending at the beginning of the quarter and no fresh complaints were received during the quarter.</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="37"><div> 3</div> </tD> <tD VALIGN=TOP COLSPAN=6 WIDTH="653"><div> The above financial results have been approved/taken on record by the Board of Directors of  the Company at their meeting held on 30th  April, 2005.</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="37"><div> 4</div> </tD> <tD VALIGN=TOP COLSPAN=6><NOBR><div> Defffered Tax Liability of Rs 37.36 lacs will be provided at the end of the financial year.</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 57 WIDTH="37"><div> 5</div> </tD> <tD VALIGN=TOP COLSPAN=6 WIDTH="653"><div> No Provision for Incometax for the quarter ended on 31.03.2005 has been made as the existing provision of Rs.27.91 lacs is sufficient to cover the Income tax Liability for the complete financial year.</div> </tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=7 HEIGHT= 19 WIDTH="693"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="693" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP ROWSPAN=6 COLSPAN=2 HEIGHT= 1 WIDTH="309"><bR> <bR> <bR> <bR> <bR> <div> <B>Date   :   30.04.2005</B></div> <div> <B>Place :   New Delhi.</B></div> </tD> <tD VALIGN=TOP ROWSPAN=6 COLSPAN=5><NOBR><div> <B>For & on behalf of the Board of</B></div> <div> <B>Morgan Ventures Ltd.</B></div> <div> <B>                                      </B></div> <bR> <bR> <div> <B>( MEERA GOYAL)</B></div> <div>                                        <B>Managing Director</B></div> </NOBR></tD> </tR> <tR> </tR> <tR> </tR> <tR> </tR> <tR> </tR> <tR> </tR> </TABLE></div> <bR> </td> </tr></table></body>