1. The above results were reviewed by the Audit Committee and taken on record by the Board at its meeting held on Jun 02, 2009

2. Previous year figures have been regrouped to make them comparable to the current year.

3. The Tax expenses comprise Deferred Tax as per Accounting Standard 22, Fringe Benefit Tax & Current Tax
4. Company has provided minimum alternative tax as per Income Tax Act, however taken credit of the same in pursuant to entitlement under sec.115JAA of IT Act.

5. Company has followed the amendment to Companies (Accounting Standards) Amendment Rules 2009 for accounting the exchange differences arising on long term foreign currency items with respect to Accounting Standard 11, notified by GOI on Mar 31, 2009. Consequently capitalized the exchange differences on foreign currency monetory item with effect from 2007-08 to the cost of assets. The effect of exchange differences Rs. 219.49 lakhs (Net of Tax) pertains to 2007-08 has been adjusted in the Reserve & Surplus and Depreciation reserve. The current year difference of Rs. 1046.89 lakhs has been added to fixed asset.

6. Employee Cost: ESOS-2007 option has not been exercised by employees due to volatile market.  Hence, the provision of Rs. 70.18 lakhs towards ESOS in the earlier year has been reversed. Further, the balance of Rs.276.93 lakhs amortized in the first three quarters of the current year has also been reversed and set off against the committed reserves.

7. Company has only one segment i.e Integrated Circuits.