WALCHAND PEOPLEFIRST LIMITED
1,CONSTRUCTION HOUSE, WALCHAND HIRACHAND MARG,
BALLARD ESTATE, MUMBAI - 400 001
UNAUDITED  FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2009.
										(Rs. In Lacs)
	PARTICULARS	Stand Alone - WPFL					Consolidated
		Quarter  Ended		Nine Months Ended		Year Ended	Quarter  Ended		Nine Months Ended		Year Ended
		31-Dec		31-Dec		March 31	31-Dec		31-Dec		March 31
		Unaudited		Unaudited		Audited	Unaudited		Unaudited		Audited
		2009	2008	2009	2008	2009	2009	2008	2009	2008	2009
1	a) Income from Operation- Training  Income & Consulting Income					-	313.22	209.56	801.57	901.72	1,168.06
	-  Investment Income	6.05	0.24	19.83	3.40	28.83	0.95	0.24	4.91	3.40	10.60
	b) Other Operating Income					-
	Total (a+b)	6.05	0.24	19.83	3.40	28.83	314.16	209.80	806.47	905.12	1,178.65
2	Expenditure
	a)  Staff Cost	10.77	10.31	33.37	32.36	42.72	111.78	180.99	353.46	573.74	720.75
	b)  Training expenses						18.69	26.01	45.48	68.22	87.79
	c)Training Centre Expense						51.05		158.05		58.44
	d)  Other Expenditure	4.24	5.72	17.96	19.87	28.31	41.62	54.05	126.34	192.63	236.91
	e)  Advertisement & Sales Promotion Expenses								-
	e) Rental Expenses	0.02	0.12	0.06	0.25	0.27	29.25	62.07	98.01	163.30	180.88
	f)  Royalty						31.94	27.65	76.15	116.97	145.22
	g) Professional Expense	2.67	1.00	7.03	4.12	4.89	5.93	1.38	12.07	9.09	11.73
	h) Brokerage Paid	5.21	-	5.21	-	-	7.11	0.29	7.17	0.41	0.61
	h) Loss on sale of Investments	0.00	1.00	0.07	3.59	3.59	0.00	1.00	0.07	3.59	3.59
	i) Depreciation , Amortisation & Impairment	4.21	4.93	15.84	14.78	19.60	12.48	14.64	40.57	45.50	60.69
	j) Total	27.11	23.08	79.53	74.97	99.38	309.92	368.08	917.34	1,173.45	1,506.61
3	Profit /(Loss) from Operations before Other Income, Interest & Exceptional Items (1-2)	(21.06)	(22.84)	(59.70)	(71.57)	(70.55)	4.24	(158.28)	(110.87)	(268.33)	(327.96)
4	Other Income	18.03	32.64	76.38	70.64	104.26	18.66	40.72	88.85	82.22	149.71
5	Profit /(Loss)from Operations before Interest & Exceptional Items (3+4)	(3.03)	9.80	16.68	(0.93)	33.71	22.90	(117.56)	(22.02)	(186.11)	(178.25)
6	Interest	0.84	0.38	2.55	3.43	4.49	8.73	5.45	24.79	13.45	19.15
7	Profit /(Loss)from Operations before Exceptional Items (5-6)	(3.88)	9.42	14.12	(4.36)	29.22	14.17	(123.01)	(46.83)	(199.58)	(197.40)
7	(LOSS)/ PROFIT BEFORE EXCEPTIONAL ITEM & TAX		(45.34)			(1,006.78)					(2,188.14)
8	Exceptional Item	-	-	-	-	-	-	-			0.00
9	Profit/(Loss) from ordinary activities before Tax  (7-8)	(3.88)	9.42	14.12	(4.36)	29.22	14.17	(123.01)	(46.83)	(199.58)	(197.40)
UNAUDITED  FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2009.
											(Rs. In Lacs)
	PARTICULARS	Stand Alone - WPFL					Consolidated
		Quarter  Ended		Nine Months Ended		Year Ended	Quarter  Ended		Nine Months Ended		Year Ended
		31-Dec		31-Dec		March 31	31-Dec		31-Dec		March 31
		Unaudited		Unaudited		Audited	Unaudited		Unaudited		Audited
		2009	2008	2009	2008	2009	2009	2008	2009	2008	2009
10	Tax Expenses
	-  Fringe  Benefit Tax	-	0.06	-	0.56	0.74	-	2.26	-	6.46	8.63
	-  Provision for Fringe Benefit Tax of earlier years	(0.00)	-	0.18		-	0.00		0.71		-
	-  Income Tax- Current Period	-	-	3.19		2.58	-	-	3.19	-	2.58
	-  Income Tax- Earlier Years	0.04		0.21	(5.21)	(5.21)	0.04		0.21	(5.21)	(5.21)
	-  Wealth  Tax	0.77	0.78	2.27	2.34	3.15	0.77	0.78	2.27	2.34	3.15
	-  Provision for Wealth Tax Written Back of earlier years	(0.24)		(0.24)			(0.24)		(0.24)
	-  Deferred Tax	0.80	62.70	3.69	100.38	146.58	0.80	62.70	3.69	100.38	146.58
	Total	1.36	63.54	9.29	98.07	147.84	1.37	65.74	9.83	103.97	155.73
11	Net Profit/(Loss) for the period (9-10)	(5.24)	(54.12)	4.83	(102.43)	(118.63)	12.80	(188.75)	(56.66)	(303.55)	(353.13)
12	Minority Interest		-		-		(0.23)		(4.55)	-	(1.95)
13	Net Profit/(Loss) for the Holding Company (11-12)	(5.24)	(54.12)	4.83	(102.43)	(118.63)	13.04	(188.75)	(52.11)	(303.55)	(351.18)
14	Paid-up Equity Share Capital (Rs)	284.89	284.89	284.89	284.89	284.89	284.89	284.89	284.89	284.89	284.89
	(Nominal Value Of Rs.100 each)
15	Reserves excluding revaluation reserve		-			1,838.14				-	414.56
16	Basic and Diluted EPS before and after Extraordinary	(1.84)	(19.00)	1.69	(35.95)	(41.64)	4.58		(18.29)		(123.95)
	items for the period (not to be annualized) (Rs.)							(66.26)		(106.55)
17	Aggregate of Public Shareholding
	(a) Number of Shares	137529	133,952	137,529	133,952	133,952	137,529	133,952	137,529	133,952	133,952
	(b) Percentage of Shareholding	48.27%	47.02%	48.27%	47.02%	47.02%	48.27%	47.02%	48.27%	47.02%	47.02%
18	Promoters and promoter group Shareholding
	(a) Pledged/ Encumbered	NIL		NIL		NIL	NIL		NIL		NIL
	- Number of shares
	- Percentage of shares( as a% of the total shareholding
	of promotor and promotor group)
	- Percentage of shares( as a% of the total share capital
	of the company.)
	(b) Non - encumbered
	- Number of shares	147361		147361		150938	147361		147361		150938
	- Percentage of shares( as a% of the total shareholding	100%		100%		100%	100%		100%		100%
	of promotor and promotor group)
	- Percentage of shares( as a% of the total share capital	51.73%		51.73%		52.98%	51.73%		51.73%		52.98%
	of the company.)
NOTES:
1	The above results have been reviewed by the Audit Committee and were taken on record by the Board of Directors at its meeting
	held on January 27, 2010.
2	The Statutory Auditors of the company have carried out limited review of the above financial results of the company for the
	quarter ended December 31,2009.
3	The financial statements have been prepared in accordance with the Accounting Standard prescribed by   the
	Companies( Accounting Standards) Rules,2006.
4	Walchand TalentFirst Ltd. is a 96.68% subsidary of Walchand Peoplefirst Ltd, hence  Minority Interest has been shown seperately.
5	No Investor complaints were pending at opening and at the end of the quarter.
	Complaints received & resolved  during the quarter -  Nil
6	Previous year's figures have been regrouped / rearranged wherever necessary.
7	The board of Directors of Walchand People First Limited and Walchand Talent First Limited have approved the scheme of merger of
	Walchand Talent First Limited with Walchand People First Limited on 17.09.2009.The same scheme is kept before the High Court
	for further approval.
8	Walchand People First Limited has recognised interest income of Rs 5.10 lakhs for the quarter ended December,2009   and
	Rs 14.93 lakhs for the nine months ended  December,2009.As per the scheme of Merger the same interest is not required to be recognised
	from the appointed date i.e. 01.04.2009 . Pending approval of High Court the same has been recognised and will be reversed once
	the scheme is effective.
								By order of the Board
										.
	July 31,2009
	Place: Mumbai,
	July 31, 2008
	Place :Mumbai,							(PALLAVI JHA)
	Date   :January 27,2010							Chairperson & Managing Director
	SEGMENT - WISE REVENUE RESULTS AND CAPITAL EMPLOYED
					(Rs. In Lacs)
		Consolidated - WPFL
	PARTICULARS	Quarter  Ended		Nine Months Ended		Year Ended
		31-Dec		31-Dec		March 31
		Unaudited		Unaudited		Audited
		2009	2008	2009	2008	2009
1	Segment Revenue:
	a) Investment activities	0.95	0.24	4.91	3.40	10.60
	b) Training & Consulting Income	313.22	209.56	801.57	901.72	1168.06
	c) Profit from slump sale		-			0.00
	d) Unallocated					0.00
	c) Unallocated	18.66	40.72	88.85	82.22	149.71
	Net Income from Operations	332.82	250.52	895.32	987.34	1328.37
2	Segment Results (PBIT)
	a) Investment activities	(26.08)	(22.84)	(74.38)	(71.57)	(88.51)
	b) Training & Consulting Income	30.50	(85.08)	(36.25)	(196.75)	(239.19)
	c) Profit from slump sale		-
	c) Unallocated	18.58	40.72	88.61	82.21	149.44
	Total	23.00	(117.56)	(22.02)	(186.11)	(178.26)
	Less : i)  Interest Expenses	8.73	5.45	24.79	13.45	19.15
	Total Profit Before Taxation	14.28	(123.01)	(46.80)	(199.58)	(197.40)
3	Capital Employed (Segment Assets-Segment Liabilities)
	a) Investment activities	430.32	734.93	430.32	734.93	431.90
	b) Training & Consulting Income	(129.59)	89.12	(129.59)	89.12	(37.53)
	c) Unallocated	383.53	(126.49)	383.53	(126.49)	346.58
	Total	684.27	697.56	684.27	697.56	740.95
											1,481.90
			By order of the Board
	Place :Mumbai,		(PALLAVI JHA)
	Date   :January 27,2010		Chairperson & Managing Director