Tax indicates Provision for Taxation

EPS is Basic and Diluted

1. The above results have been reviewed by the Audit Committee and were taken on record by the Board of Directors of the Company at their meeting held on April 28, 2007.

2. The above results are for a period of 12 months whereas the previous financial period was for a period of 9 months ended March 31, 2006. To facilitate comparison, figures for the corresponding 12 months ended March 31, 2006 have been given in column IV.

3. Company has accounted for deferred tax in accordance with the requirements of Accounting Standard 22 issued by the Institute of Chartered Accountants of India.

4. The Company is primarily engaged in the transmission lines business. As such there is no separate reportable Segment as defined by Accounting Standard 17.

5. Provision for taxation for the current quarter reflects adjustments relating to earlier quarters.

6. Previous periods figures have been recast wherever necessary.

Aditya Atal
WholeTime Director