Jun. '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>   |   <A HREF="id45.htm" TARGET="_top" TITLE="Mar. 05 QR">Mar. '05 QR</A>   |   <B>Jun. '05 QR</B><B>   I  </B><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>Jun. '05 QR</I></div> <div> <TABLE BORDER="2" CELLPADDING="1" CELLSPACING="1" WIDTH="696" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BOX" RULES="ALL" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP COLSPAN=6 HEIGHT= 20 WIDTH="676"><div> <B>MORGAN VENTURES LTD.</B></div> </tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=6 HEIGHT= 19 WIDTH="676"><div> Regd. Office  :  53, Friends Colony (East), New Delhi-110065.</div> </tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=6 HEIGHT= 19 WIDTH="676"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="676" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=5 HEIGHT= 19 ><NOBR><div> Unaudited Financial Results (Provisional) For The Quarter Ended 30th June,2005</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="258" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="88"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="88" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div>                                                                            </div> </NOBR></tD> <tD VALIGN=TOP WIDTH="83"><div>  </div> </tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="88"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="88" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> (Rs. In lacs)</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="47"><div> <B>Sl.</B></div> </tD> <tD VALIGN=TOP WIDTH="258"><div> <B>Particulars</B></div> </tD> <tD VALIGN=TOP WIDTH="83"><div> <B>Quarter</B></div> </tD> <tD VALIGN=TOP WIDTH="83"><div> <B>Quarter</B></div> </tD> <tD VALIGN=TOP WIDTH="88"><div> <B>Year</B></div> </tD> <tD VALIGN=TOP WIDTH="102"><div> <B>Previous</B></div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div> No.</div> </tD> <tD VALIGN=TOP WIDTH="258"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="258" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><div> Ended</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> Ended</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> Ended</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> Accounting</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="258" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> 30.06.2005</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> 30.06.2004</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> 30.06.2005</div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> Year Ended</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="258" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="88"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="88" 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="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="258" 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="102"><div> (Audited)</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div> 1</div> </tD> <tD VALIGN=TOP><NOBR><div> Net Sales/Income From Operations</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="83"><div> 129.74</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 22.75</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 1487.34</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 957.20</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div> 2</div> </tD> <tD VALIGN=TOP WIDTH="258"><div> Other Income</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 0.53</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 3.22</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div> 3</div> </tD> <tD VALIGN=TOP WIDTH="258"><div> Total Expenditure</div> </tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="88"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="88" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="38" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><div> a)  (Increase)/Decrease in Stock in Trade</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> -52.70</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 10.85</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 187.30</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><div> b)  Purchase of Securities</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 30.67</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 0.00</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><div> c)  Staff Cost</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 4.79</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 0.87</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 17.17</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 2.31</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><div> d)  Other Expenditure</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 3.76</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 4.39</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 19.20</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 156.65</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div> 4</div> </tD> <tD VALIGN=TOP WIDTH="258"><div> Interest</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 0.07</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 5.04</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 10.14</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div> 5</div> </tD> <tD VALIGN=TOP WIDTH="258"><div> Depreciation</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 32.48</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 86.34</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 137.63</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 62.38</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div> 6</div> </tD> <tD VALIGN=TOP WIDTH="258"><div> Profit before Tax</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 88.71</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> -46.36</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 1297.45</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 541.64</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><div> (1+2-3-4-5)</div> </tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="88"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="88" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div> 7</div> </tD> <tD VALIGN=TOP WIDTH="258"><div> Provision for Taxation</div> </tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="88"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="88" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div>  </div> </tD> <tD VALIGN=TOP WIDTH="258"><div> a)Income Tax</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 27.91</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 42.47</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><div> b)  Deffered Tax</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 16.20</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 25.24</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 16.20</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 173.38</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div> 8</div> </tD> <tD VALIGN=TOP WIDTH="258"><div> Net Profit  (6-7)</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 72.51</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> -71.60</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 1253.34</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 325.80</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div> 9</div> </tD> <tD VALIGN=TOP><NOBR><div> Paid up Equity Share Capital</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="83"><div> 989.21</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 985.66</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 989.21</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 985.66</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div> 10</div> </tD> <tD VALIGN=TOP><NOBR><div> Reserves (Excluding Revaluation</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" 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>             663.92 </div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> Reserves) as per Balance Sheet</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="88"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="88" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> of previous accounting year</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="88"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="88" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div> 11</div> </tD> <tD VALIGN=TOP WIDTH="258"><div> Basic and diluted EPS</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 0.73</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 12.53</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 3.26</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><div> (Not Annualised) - (Rs.)</div> </tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="88"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="88" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div> 12</div> </tD> <tD VALIGN=TOP COLSPAN=2><NOBR><div> Aggregate of Non-Promoters Shareholding :</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="88"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="88" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><div> Number of Shares</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 2595300</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 2595300</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 2595300</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 2595300</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> Percentage of Shareholding</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="83"><div> 25.95</div> </tD> <tD VALIGN=TOP WIDTH="83"><div> 25.95</div> </tD> <tD VALIGN=TOP WIDTH="88"><div> 25.95</div> </tD> <tD VALIGN=TOP WIDTH="102"><div> 25.95</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="258" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="88"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="88" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="47"><div> <B>Note</B></div> </tD> <tD VALIGN=TOP WIDTH="258"><div> <B>:</B></div> </tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="88"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="88" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div> 1</div> </tD> <tD VALIGN=TOP COLSPAN=5><NOBR><div> Previous year figures have been regrouped/rearranged wherever considered necessary.</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><div> 2</div> </tD> <tD VALIGN=TOP COLSPAN=5><NOBR><div> No investor complaints were pending at the beginning of the quarter and no fresh complaints</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> were received during the quarter.</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="88"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="88" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 38 WIDTH="47"><div> 3</div> </tD> <tD VALIGN=TOP COLSPAN=5 WIDTH="626"><div> The above financial results have been approved/taken on record by the Board of Directors of  the Company at their meeting held on 29 July'2005.</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 57 WIDTH="47"><div> 4</div> </tD> <tD VALIGN=TOP COLSPAN=5 WIDTH="626"><div> No Provision for Income Tax for the quarter ended on 30.06.2005 has been made as the existing provision of Rs.27.91lacs is sufficient to cover the Income tax Liability for the complete financial year.</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP COLSPAN=5 WIDTH="626"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="626" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="258" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP COLSPAN=4><NOBR><div>                               For & on behalf of the Board of</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="47"><div>      </div> </tD> <tD VALIGN=TOP WIDTH="258"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="258" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP COLSPAN=4><NOBR><div> <B>                                             Morgan Ventures Ltd.</B></div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="258" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP ROWSPAN=2 COLSPAN=4 WIDTH="365"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="365" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="258" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 ><NOBR><div> Date   </div> </NOBR></tD> <tD VALIGN=TOP WIDTH="258"><div> :   29.07.2005</div> </tD> <tD VALIGN=TOP COLSPAN=4><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="258"><div> :  New Delhi.</div> </tD> <tD VALIGN=TOP COLSPAN=4><NOBR><div>                                                         Managing Director</div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="47"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="47" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="258"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="258" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="83"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="83" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="88"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="88" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="102"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="102" HSPACE="0" VSPACE="0"></tD> </tR> </TABLE></div> <bR> </td> </tr></table></body>