(formerly known as Geodesic Information Systems Limited)

2008

2007

2008

2007

2008

1. Net sales / income from operations

15,423.14

6,851.96

27,810.91 12,644.46

31,643.37

2. Other Income

702.28

226.34

1,279.88

440.07

1,234.40

3. TOTAL INCOME

16,125.42

7,078.30

29,090.79 13,084.53

32,877.77

4. Total Expenditure

a) Software Development Expenditure

4,732.53

1,738.74

7,448.68

3,079.27

7,994.38

b) Utilities

35.73

29.08

69.19

46.20

109.29

c) Staff cost

583.92

465.97

1,150.80

850.37

1,841.62

d) Marketing expenses

439.56

268.87

1,067.80

283.33

874.05

e) Depreciation and Amortization

874.41

607.63

1,723.32

1,113.51

3,361.83

f) Other expenditure

558.65

253.37

1,035.03

456.47

1,215.01

g) Exchange (profit) / loss on forward contracts

(41.71)

(43.11)

258.46

(135.68)

(149.65)

h) (Profit) / Loss due to exchange fluctuation

(498.91)

155.48

(632.19)

516.28

466.13

Total

6,684.18

3,476.03

12,121.09

6,209.75

15,712.66

5. Interest

1,048.49

0.37

1,981.31

0.67

733.76

6. Exceptional Item

7. Profit from Ordinary Activities before tax

8,392.75

3,601.90

14,988.39

6,874.11

16,431.35

8. Tax Expense

8a. Income Tax

902.99

255.00

1,643.65

653.62

1,576.09

8b. Deferred Tax (Credit) / Expense

(192.26)

8c. Fringe Benefit Tax

10.00

0.62

20.00

0.62

186.93

9. Net Profit from Ordinary Activities after tax

7,479.76

3,346.28

13,324.74

6,219.87

14,860.59

10. Prior period adjustments

(29.41)

29.06

(29.37)

30.63

5.75

11. Share of profit / (loss) transferred to Minority

(6.64)

(1.09)

(8.03)

(2.19)

(8.50)

12. Net profit for the period / year

7,515.81

3,318.31

13,362.14

6,191.43

14,863.34

13. Paid - up Share Capital

Equity Capital (FV Rs. 2)

1,844.13

1,823.39

1,844.13

1,823.39

1,843.06

Preference Capital (FV Rs. 10)

165.00

14. Reserves excluding revaluation reserves

45,784.93

15. Earning Per Share (EPS)

a) Basic and

8.12

4.75

14.46

8.87

16.27

Diluted EPS before Extraordinary items for

8.06

4.72

14.36

8.81

16.15

the period, for the year to date and for the

previous year (not to be annualised)

b) Basic and

8.12

4.75

14.46

8.87

16.27

Diluted EPS after Extraordinary items for

8.06

4.72

14.36

8.81

16.15

the period, for the year to date and for the

previous year (not to be annualised)

Notes:
1. The consolidated unaudited results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on October 21, 20
2. The consolidated financial results are prepared in accordance with Accounting Standard (AS) 21 on consolidated financial statements

issued by the Institute of Chartered Accountants of India.
3. Previous period figures been regrouped and reclassified wherever necessary.
4. Minority interest in Geodesic Information Systems AB and Chandamama India Limited is adjusted while consolidating the above figures.
5. The Consolidated financial results include the accounts of Hong Kong subsidiary which is focused on global marketing.

For and on behalf of the Board of Directors of

Geodesic Limited

Place : Mumbai

Pankaj Kumar

Date : 21.10.2008

Chairman

Consolidated Unaudited Financial results for quarter and half year ended 30th, September 2008

Geodesic Limited

Regd Office :B-3, Lunic Industries, Cross Road No. B, MIDC, Andheri (E), Mumbai - 400 093

Quarter ended 30th September

(Unaudited)

Year ended