1. The Consolidated Results are given as additional information to Standalone Results as per the requirements of Clause 41 of the Listing Agreement and submitted to the Stock Exchanges. Consolidated financial results cover the operations of India Infoline Ltd and its subsidiaries.

2. The consolidated and standalone audited financial results for the quarter and year ended March 31, 2009 have been reviewed by the Audit Committee and approved by the Board at its meeting held on April 28, 2009.

3. The Company (Standalone) is primarily engaged in equity broking and related services. The segment wise revenue, results and capital employed under clause 41 of the Listing Agreement and in terms of Accounting Standard 17 on Segment Reporting issued by the Institute of Chartered Accountants of India, have been reported above in the financial results.

4. The Board of Directors recommended an interim dividend of Rs 2.80 per equity share of Rs 2 each for the financial year 2008-09 in its meeting held on January 21, 2009 and the same was paid to the shareholders. It is considered as final.

5. The Company commenced buy-back of equity shares through open market using Stock Exchange system pursuant to the resolution of the Board of Directors passed at the Meeting held on November 29, 2008 and Public Announcement released on December 5, 2008. As on March 31, 2009 the Company had bought Back 25,57,915 Equity Shares of Rs 2/- each (par value) utilizing Rs 10.80 crore and the same stand extinguished.

6. 1,10,00,000 Equity Warrants issued on Preferential Basis to seven identified persons including the Promoters on July 04, 2007 had lapsed during the year due to non-exercise of warrants. The advance received on the above Equity Warrants amounting to Rs 48.40 Crore stands forfeited by the Company and the said amount has been credited to Capital Reserves.

7. Previous periods figures have been regrouped / reclassified wherever necessary.

Nirmal Jain
Chairman and Managing Director