We have audited the attached Balance Sheet of M/s.QPRO INFOTECH LIMITED
 as on 31.03.2011 and the Profit and Loss Account for the year ended on
 that date annexed thereto.  These financial statements are the
 responsibility of the Company''s Management. Our responsibility is to
 express an opinion on these financial statements based on our audit.
 
 We conducted our audit in accordance with auditing standards generally
 accepted in India. Those Standards require that we plan and perform the
 audit to obtain reasonable assurance about whether the financial
 statements are free of material misstatement. An audit includes
 examining, on a test basis, evidence supporting the amount and
 disclosures in the financial statements. An audit also includes
 assessing the accounting principles used and significant estimates made
 by management, as well as evaluating the overall financial statement
 presentation. We believe that our audit provides a reasonable basis for
 our opinion.
 
 I As required by the Companies (Auditor''s Report) Order, 2003 issued
 by the Central Government in terms of section 227(4A) of the Companies
 Act 1956, we annex hereto a statement on the matter specified in
 paragraphs 4 &5 of the said order.
 
 II.  Further to our comments in paragraph I above, we report that
 
 (a) We have obtained all information and explanations required which to
 the best of our knowledge and belief were necessary for the purpose of
 our audit.
 
 (b) In our opinion, proper books of accounts as required by law have
 been kept by the company so far as it appears from our examinations of
 the books, and
 
 (c) In our opinion, the Balance Sheet and the Profit and Loss account
 dealt with by this report comply with the accounting standards referred
 to in sub-section [3C] of Section 211 of the Companies Act, 1956.
 
 (d) The company''s Balance Sheet and Profit and Loss Account dealt
 with, by our above report, are in agreement with the books of account.
 
 (e) In our opinion and to the best of our knowledge and information and
 according to the explanation given to us, the said accounts read with
 notes and statements thereon, give the information required by the
 Companies Act, 1956 in the manner so required and give true and fair
 view.
 
 i.  In case of Balance Sheet of the state of the companies affairs as
 at 31- 03- 2011: and
 
 ii.  In case of the Profit and Loss Account for the profit for the year
 ended on that date.
 
 (f) As per the written representation as on 31.03.2011 received from
 the directors, we are of the opinion that none of the directors are
 disqualified from being appointed as director in terms of clause (g) of
 sub section (1) of section 274 of the Companies Act 1956.
 
 Annexure referred to in paragraph 1 of the report of even date of the
 auditors to the members of M/s.QPRO INFOTECH LIMITED on the accounts
 for the year ended 31st March 2011
 
 1.  The company has maintained proper records showing full particulars
 including quantitative details and situation of fixed assets.
 
 2.  The fixed assets have been physically verified by the management at
 reasonable intervals. According to the information and explanation
 given to us there were no material discrepancies noticed on such
 verification.
 
 3.  The company has not disposed of any substantial part of the fixed
 asset during the year, which has the effect of affecting the accounting
 assumption of going concern.
 
 4.  Since this is an e-publishing Company, the physical verification of
 inventory does not arise.
 
 5.  The Company has not taken/ granted any loans, secured or unsecured
 from/ to Companies, firms or other parties listed in the Register
 maintained under Section 301 of the Companies Act 1956 and hence sub
 clause b,c,d,e,f and g of clause (iii) of the said Order are not
 applicable.
 
 6.  In our opinion, the company has an adequate internal control
 procedure commensurate with its size of the company and nature of its
 business. During the course of our audit, we have not observed any
 continuing failure to correct major weakness in internal controls.
 However, the process of recovery of certain dues has to be expedited.
 
 7.  In our opinion and according to the information and explanations
 given to us we are of the opinion that the transactions that need to be
 entered into the register maintained under section 301 of the companies
 act of 1956 has been so entered.
 
 8.  In our opinion and according to the information and explanations
 given to us that the transaction made in pursuance of contracts or
 arrangements entered in the register maintained under sec 301 of the
 companies act of 1956 and exceeding the value of 500,000 in respect of
 any party during the year have been made at price which are reasonable
 having regard to prevailing market price of the relevant time.
 
 9.  In our opinion and according to the information and explanations
 given to me, the company has not accepted any deposit and loans under
 the provisions of Section 58Aand 58AA of the Companies Act, 1956 and
 the Companies (Acceptances of Deposits) Rules, 1975.
 
 10.  In our opinion the Internal Audit System of the company is
 adequate, and commensurate to the size of the company and the nature of
 its business.
 
 11.  The Central Government has not prescribed maintenance of cost
 records under section 209 (1) (d) of the Companies Act, 1956.
 
 12.  The Company is generally regular in deposing with appropriate
 authorites undisputed statutory dues including provident fund,
 employee''s state insurance, income tax, sales tax, wealth tax, custom
 duty, excise duty, cess and other material statutory dues applicable to
 it.
 
 13.  According to the information and explanations given to us, there
 are no undisputed amounts payable in respect of Provident Fund,
 Investor Education and protection Fund, Employee''s State Insurance,
 Income tax, Sales tax, Wealth tax, Custom duty and Excise duty, cess
 and other statutory dues which are outstanding as on 31st March 2011
 for a period of more than six months from the date they became payable.
 
 14.  According to the information and explanations given to us the
 company does not have accumulates losses at the end of the financial
 year which is not less than fifty percent of its net worth and it has
 not incurred any cash losses in such financial year and also in the
 financial year immediately preceding such financial year.
 
 15.  According to the examination of the books of accounts of the
 company there is no such default in repayment of dues to any financial
 institution or bank or debenture holders. Further as there is no such
 default the question of period of default does not arise.
 
 16.  In our opinion and according to the information and explanations
 given to us the company has not granted any loans and advances on the
 basis of security by way of pledge of shares, debentures and other
 securities, hence no question of adequate documentation required to be
 maintained.
 
 17.  As the company is not a nidhi / mutual benefit fund/societies, the
 provision of any such special statue to chit fund is not applicable.
 
 18.  The company is not trading in shares, securities, debentures and
 other investments.
 
 19.  According to the information and explanations given to us, the
 company has not given any guarantee for loans taken by other from any
 banks or financial institution.
 
 20.  The company has not applied for any term loan. Hence the point of
 applying the proceeds of the term loan does not arise.
 
 21.  According to the information and explanations given to us the
 company has not used the funds raised on short term basis for any long
 term investment and vice- versa.
 
 22.  In my opinion the company has not made any preferential allotment
 of shares to any parties and companies covered in the register
 maintained under section 301 of the Act, at a price prejudicial to the
 interest of the company.
 
 23.  The company has not issued any debentures hence there is no need
 for creating any securities.
 
 24.  The company has not made any public issue during the financial
 year.
 
 25.  According to the examination of books done by us, no fraud on or
 by the company has been detected in our audit.
 
 Place : Chennai                                        sd/-
 
 Date : 26/08/2011                               K. N. Narayana
 
                                              Chartered Accountant 
 
                                                   M.No. 22965