1.  Deferred Tax:
 
 During the year, the Company has accounted for Rs.45,87,803
 (Rs.2,92,462) towards Deferred Tax asset and has considered the same as
 reverse charge to the Profit & Loss account as stipulated under
 Accounting Standard- 22, on Accounting for Taxes on Income, issued by
 the Institute of Chartered Accountants of India.
 
 2.  Inventories:
 
 Finished Goods includes Rs.38,25,203 (Rs.20,42,605), being value of
 material at prospective customers premises for demonstration purposes
 and Rs.Nil (Rs.203,835), being value of material at suppliers premises
 for rectification purposes.
 
 3.  Customs Duty Refundable amounting to Rs.67,21,166 (Previous Year-
 Rs.63,96,107) reflected in Schedule 10 pertains to Special Additional
 (Customs) Duty paid on goods imported on which, pursuant to relevant
 guidelines, the Company is eligible for refund on eventual sale of the
 said goods, and includes Rs.8,032 (Rs. 1,97,843) refund of which is
 awaiting such sale of relevant goods and/or filing of relevant
 documents for claiming said refund.
 
 The aforesaid claim has been rejected by the Department on certain
 procedural grounds against which an appeal has been preferred. Pending
 disposal of the same, no provision is made in these accounts, in this
 regard.
 
 4.  Disclosure under Micro, Small and Medium Enterprises Development
 (MSMED) Act, 2006 :
 
 Dues in respect, Micro and Small enterprises who have duly registered
 themselves under the relevant Act, and furnished the statutorily
 required proof thereof, are being regularly met as per agreed terms
 and, as such, there remains no liability towards interest. Principal
 amount/s remaining payable in respect of such parties, as at 31 March
 2011, amount to Rs.47,42,858 (Rs. 10,03,387)
 
 5.  Certain balances representing debtors and creditors, are subject to
 reconciliation & receipt of confirmations from parties, pursuant to
 confirmation requests sent by the company.
 
 6.  Repairs & Maintenance expenses reflected in Schedule 16 includes
 Repairs to Building - Rs.48,56,471 (Rs.30,98,735) and Repairs to
 Machinery- Rs.12,54,169 (Rs.4,27,687).
 
 7.  No provision has been made for post-sales support expenses, as the
 company is of the opinion that such expenses are not material, based on
 past experience.
 
 8.  Due to Loss from operations, the tax liability computed under
 normal provisions of Income Tax Act, is NIL. (previous year - NIL)
 
 9.  Prior period Income includes, Services Charges Collected Rs. NIL
 (7,20,000), AMC Income related to prior years 2,73,396 (Rs. NIL),
 reversal of expenses provision no longer required amounting to
 Rs.2,15,66,829 (Rs.10,09,960 - reversal of Gratuity Provision) and is
 net of prior period expenses comprising of Rates & Taxes Rs. 1,52,500
 (NIL) and Income Tax - Rs.77,477 (Rs.77,582) for earlier years.
 
 10.  Other income includes Rs.60,000 (Rs.60,000) being Lease rentals
 received from RAD-MRO Manufacturing Private Limited (related party),
 
 11.  Proposed dividend for the year being Rs. NIL (Rs. 1,86,84,602), no
 Income-tax is deductable on the same.
 
 12.  Gains from Foreign Exchange fluctuation reflected, as required
 under AS 11, in the Profit & Loss Account amounting to Rs.29,71,951
 (Rs.2,34,11,540) denotes the variance between rates at which various
 imports & exports have been recorded, and the actual amount
 paid/received in settlement of the respective import/export invoices
 (based on the exchange rate/s prevailing on the actual date/s of
 inward/outward remittance) and includes net gain of Rs. 1,433 (NIL),
 attributable to Capital Assets which is absorbed in these accounts.
 
 13. Contingent liabilities on account of
 
                                  2010-2011       2009-2010 
                                      Rs.             Rs.
 
 Counter Guarantees to
 Bank (to the extent of live
 guarantees issued by bank)     1,26,68,398     1,50,05,162
 
 Letters of Credit              1,17,09,765     5,94,52,365
 
 Capital Commitments                    NIL             NIL
 
 Sales tax liability in lieu
 of
 Form C yet to be received      68,71,117       90,22,911
 
 14.  Cash & Cash equivalent reflected in Cash Flow Statement includes
 Fixed Deposits amounting to Rs.23,25,00,000 held by the Company with
 maturity period beyond three months.
 
 15.  Segment Reporting
 
 Based on the guiding principles given in Accounting Standard on
 Segment Reporting (AS 17) prescribed by the Companies (Accounting
 Standards) Rules 2006, the Companys primary business segment is
 related to Access & Networking Solutions. This business segment of
 the Company incorporates product groups viz., Last Mile Access, ISDN
 based products, Layer 3 Switches and others which mainly have similar
 risks and returns. Since all the products stated above fall in the same
 segment of Access & Networking Solutions, there remains a single
 segment to which the whole activity pertains to.
 
 The secondary segment for the Company is based on location of
 customers/export destinations.
 
 The segment revenue in the geographical segments for disclosure are as
 follows:
 
 a) Revenue within India includes sales to customers located within
 India and earnings in India.
 
 b) Revenue outside India includes sales to customers located outside
 India and earnings outside India.
 
 16. Related Party Disclosure
 
 Related party disclosures, as required by AS-18:
 
 (i) RAD-MRO Manufacturing Pvt Ltd.,
 
 (ii) S Narayanan
 
 (iii) H Nandi
 
 A. Relationships:
 
 (i) RAD-MRO Manufacturing Pvt Ltd., - 
 
     Joint Venture Company
 
 (ii) Whole time Directors -  
  
      S. Narayanan,
      Chairman & Managing Director
 
      H. Nandi, 
      Managing Director
 
 B i).  The following transactions were carried out with RAD-MRO
 Manufacturing Private Limited, the Joint Venture Company in the
 ordinary course of business.
 
 ii) Transaction details relating to Whole time Directors for the year
 is disclosed under note no. (9) above
 
 17. Research and Development
 
 The Company has in-house R&D Centre involved in developmental
 activities for new products in the fields of Access & Networking
 technology.
 
 18. Figures for the year have been rounded-off to the nearest rupee
 and, those in the brackets, wherever given, correspond to respective
 figures for the previous year. Figures of previous year have been
 regrouped & reclassified, wherever necessary.