Notes To Accounts : Mar 2002

EPS is Basic & Diluted

1. The above results have been taken on records at the meeting of the Board of Directors held on May 25, 2002.

2. The company is primarily engaged in the business of manufacture of Telephone Cables. As the basic nature of this activity is governed by same set of risks and returns, this has been grouped as single segment in above disclosures as per Accounting Standard 17 dealing with Segment Reporting.

3. In view of the current accumulated the provisions for liability of Income Tax as per Accounting Standard 22 on Accounting Taxes on Income is not made.

4. Previous years figures have been regrouped / rearranged wherever necessary.