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Geodesic Information Systems Ltd

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

Consolidated Unaudited Financial results for quarter ended 30th, June 2008

Rs. in Lacs
Year ended
Quarter ended 30th June
31st March
(Unaudited)
(audited)
2008 2007 2008

1. Net sales / income from operations 12,387.77 5,792.50 31,643.37

2. Other Income 577.60 213.73 1,234.40

3. TOTAL INCOME 12,965.37 6,006.23 32,877.77

4. Total Expenditure

a) Software Development Expenditure 2,716.15 1,340.53 7,994.38


b) Utilities 33.46 17.12 109.29

c) Staff cost 566.88 384.40 1,841.62


d) Marketing expenses 628.24 11.84 874.05

e) Depreciation and Amortization 848.91 505.88 3,361.83

f) Other expenditure 476.38 205.72 1,215.01

g) Exchange loss on forward contracts 300.17 (92.57) (149.65)

h) Loss due to exchange fluctuation (133.28) 360.80 466.13

Total 5,436.91 2,733.72 15,712.66


5. Interest 932.82 0.30 733.76
6. Exceptional Item - - -

7. Profit from Ordinary Activities before tax 6,595.64 3,272.21 16,431.35


8. Tax Expense

8a. Income Tax 740.66 396.51 1,576.09

8b. Deferred Tax (Credit) / Expense - - (192.26)


8c. Fringe Benefit Tax 10.00 2.11 186.93

9. Net Profit from Ordinary Activities after tax 5,844.98 2,873.59 14,860.59
10. Prior period adjustments 0.04 1.57 5.75

11. Share of profit / (loss) transferred to Minority (1.39) (1.10) (8.50)

12. Net profit for the period / year 5,846.33 2,873.12 14,863.34

13. Paid - up Share Capital


Equity Capital (FV Rs. 2) 1,843.34 1,212.85 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 6.34 3.15 16.27
Diluted EPS before Extraordinary items for 6.29 3.14 16.15
the period, for the year to date and for the
previous year (not to be annualised)
b) Basic and 6.34 3.15 16.27
Diluted EPS after Extraordinary items for 6.29 3.14 16.15
the period, for the year to date and for the
previous year (not to be annualised)

15. Public shareholding :


- Number of Shares 70308883 45979079 70338687
- Percentage of shareholding 76.28 75.81 76.33

For and on behalf of the Board of Directors of


Geodesic Information Systems limited

sd/-
Date: July 29, 2008 Pankaj Kumar
Place: Mumbai Chairman
Notes:
1. The consolidated unaudited results were reviewed by the Audit Committee and
approved by the Board of Directors at their meeting held on July 29, 2008.
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 Information Systems limited

Place : Mumbai Pankaj Kumar


Date : 29.07.2008 Chairman