1. The Company being engaged exclusively in ‘Access & Networking Solutions’, the entire activities fall under a single segment.

2. The adverse exchange rate continued to erode the margins.

3. Under the Buy Back Scheme approved by the Board at their meeting held on February 25, 2009 full details of which have already been published, the Company has bought back, 72,000 equity shares at a cost of Rs.13,58,390 upto March 31, 2009 and 2,73,116 equity shares at a cost o Rs.59,55,936, upto May 14, 2009, out of which, 1,91,902 shares have been extinguished and action initiated for extinguishing the balance shares so purchased. The details of shares bought back under this scheme are being reported to the Stock Exchanges and being published in Newspapers, as statutorily stipulated. The Directors are hopeful that, when once completed it should add further value to the remainder shareholders.

4. The above financial results, subjected to ‘limited review’ for the quarter ended March 31, 2009 and, audited’ for the year ended, March 31, 2009, were approved in the meetings of Audit Committee and the Board of Directors -both held on May 14, 2009.

5. Figures for the previous period / year have been regrouped, wherever necessary.

H Nandi
Managing Director

S Narayanan
Chairman & Managing Director