AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR
ENDED 30.06.2005 OF THE HOLDING COMPANY SYNERGY LOG-IN SYSTEMS LTD.
(Rs. IN LAKHS)
S.NO PARTICULARS FIGURES FOR THE NINE MONTHS ENDED
31.03.2005
(1) 		FIGURES FOR THE LAST QUARTER ENDED 
30.06.2005
(2) 		FIGURES FOR THE CORRESPONDING QUARTER OF THE PREVIOUS YEAR ENDED
30.06.2004
(3)		 AUDITED FIGURES FOR THE CURRENT YEAR ENDED
30.06.2005
(4)		 AUDITED FIGURES FOR THE PREVIOUS YEAR ENDED
30.06.2004
(5)
1 NET SALES/INCOME FROM OPERATIONS 413.47 130.17 240.46 543.64 911.99
2 OTHER INCOME 85.19 153.43 (1.01) 238.62 1.56
3 TOTAL 498.66 283.60 239.45 782.26 913.55
4 TOTAL EXPENDITURE          
  (A) STAFF COST 301.16 116.59 131.80 417.75 480.87
(B) OTHER EXPENSES  274.43 138.52 112.56 412.95 362.16
  (C) PROVISION FOR DIMINUTION IN VALUE OF INVESTMENTS 3.63 28.87 - 32.50 -
5 YEAR AND ADJUSTMENT - - 15.88 - 15.88
6 INTEREST  2.29 6.18 0.50 8.47 0.93
7 DEPRECIATION 11.64 36.10 7.89 47.74 80.62
8 PROFIT(+)/LOSS(-) BEFORE TAX(3-4-5-6-7) (94.49) (42.66) (29.18) (137.15) (26.91)
9 PRIOR YEAR EXPENSES 0.04 4.78 0.01 4.82 7.47
10 GOODWILL WRITTEN OFF - 1.86 - 1.86 -
11 PROVISION FOR TAXATION - 1.63 - 1.63 -
12 NET PROFIT(+)/LOSS(-) (8-9-10-11)) (94.53) (50.92) (29.19) (145.45) (34.38)
13 PAID-UP EQUITY SHARE CAPITAL  651.71 651.71 651.71 651.71 657.11
14 RESERVES EXCLUDING REVALUATION RESERVES (AS PER BALANCE SHEET) OF PREVIOUS ACCOUNTING YEAR TO BE GIVEN IN COLUMN (5)       541.21 583.65
15 BASIC AND DILUTED EPS (IN Rs) FOR THE PERIOD, FOR THE YEAR TO DATE AND FOR THE PREVIOUS YEAR  
(NOT TO BE ANNUALIZED ) 		(1.45) (0.65) (0.44) (2.09) (0.41)
16 AGGREGATE OF NON- PROMOTERS SHARE HOLDING
- NO OF SHARES 
-PERCENTAGE OF SHARE HOLDING 		      4815835
73.90 		4788662
73.48

Notes
1 The above Statement of audited financial results was taken on record by the Board of Directors at their Meeting held on 30th   September 2005. Figures have been regrouped wherever necessary.
2 Provisions:
- No provision has been made for Income Tax as there was no liability.
3 The Annual General Meeting of the Company will be held on 25th November 2005
4 The Company's book closure is slated to be from 18th November 2005 to 25th November 2005 (both days inclusive)
5 Quarterly Reporting of Segment wise results is furnished separately.
6 Other Income in Fourth Quarter includes Rs.148.40 lacs being dividend received from our Malaysian Subsidiary Synergy Login Systems Sdn.Bhd.
7 Depreciation for the Fourth Quarter includes a sum of Rs.32.22 lacs being impairment loss on leased assets as prescribed by Accounting Standards No.28
8 As prescribed by Accounting Standards No. 26 the entire amount of goodwill of Rs.1.86 lacs has been written off against the opening profit and loss account.
9 The Directors have changed the policy and provided for the diminution in the value of investments as on 30.06.2005 amounting to Rs.28.87 lacs in the Fourth Quarter Financial Results.
10 In accordance with clause 41 of the Listing Agreement we report that the status of Investors compliant for the period from 01.04.2005 to 30.06.2005 is as follows:

Pending at the beginning of the quarter Received during the quarter Redressed during the quarter Pending at the end of the quarter TOTAL
- - - - -
   
   
  For and on behalf of the Board of
SYNERGY LOG-IN SYSTEMS LIMITED

 
Place : Chennai V.SANJAY KUMAR
Date   : 30th September 2005 MANAGING DIRECTOR
 
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