Geodesic Limited

(formerly known as Geodesic Information Systems Limited)

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

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

(Rs. in Lacs)
Year ended
Quarter ended 30th September Six months ended 30th 31st March
(Unaudited) September (Unaudited) (audited)
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 - 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
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