| WALCHAND PEOPLEFIRST
LIMITED |
| PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED MARCH 31, 2008 |
| |
|
|
Rupees in Lacs |
| |
Schedule |
For the Year Ended 31.3.2008 |
For the Year Ended 31.3.2007 |
| INCOME : |
|
|
|
| Dividend & Interest |
L |
33.76 |
44.64 |
| Profit from Sale of
Investments |
|
99.88 |
56.80 |
| |
|
|
|
| Dale Carnegie Training
Income |
|
497.21 |
578.68 |
| (Tax Deducted Rs 39.41
Lacs PY Rs 24.46 Lacs ) |
|
|
|
| |
|
|
|
| Website development &
maintenance Fees |
|
- |
2.10 |
| (Tax Deducted Rs NIL Lacs
P. Y. Rs. 1.05 Lacs ) |
|
|
|
| Other Income |
M |
88.86 |
82.02 |
| |
TOTAL |
719.71 |
764.24 |
| |
|
|
|
| EXPENDITURE : |
|
|
|
| Employees' Remuneration
& Other Expenses |
N |
801.11 |
684.36 |
| Loss on Sale Of
Investments |
|
5.63 |
3.00 |
| Interest |
|
1.09 |
1.54 |
| Depreciation,
Amortisation & Impairment |
|
37.31 |
41.02 |
| |
TOTAL |
845.14 |
729.92 |
| (LOSS)/ PROFIT BEFORE
EXCEPTIONAL ITEM & TAX |
|
(125.43) |
34.32 |
| Profit on Sale of Training
Business |
|
906.44 |
|
| PROFIT BEFORE TAX (i) |
|
781.01 |
34.32 |
| Profit from
continuing operations before tax (see Note B) |
|
|
| From Operating Activity |
29.60 |
|
15.46 |
| From Sale of Training Business |
906.44 |
936.04 |
- |
| Less : Provision for Tax |
|
|
|
| Income Tax |
(81.45) |
|
|
| Fringe Benefit Tax |
(8.00) |
|
|
| Deferred Tax |
(53.04) |
|
|
| Wealth Tax |
(3.13) |
|
|
| Provision for Tax (ii) |
|
(145.62) |
218.30 |
| Profit from Continuing
Operation after Tax (iii) |
|
790.42 |
233.76 |
| (Loss)/Profit from Discontinued operations (see Note B )
(iv) |
(155.03) |
18.86 |
| |
|
- |
- |
| |
|
|
|
| Profit for the Year (i - ii) |
|
635.39 |
252.62 |
| Balance Brought Forward |
|
675.07 |
455.78 |
| AMOUNT AVAILABLE FOR
APPROPRIATION |
|
1,310.46 |
708.40 |
| |
|
|
|
| APPROPRIATIONS : |
|
|
|
| |
|
|
|
| Interim Dividend |
|
- |
- |
| Interim Dividend Tax |
|
- |
- |
| Proposed Dividend |
|
28.49 |
28.49 |
| Dividend Distribution Tax |
|
4.84 |
4.84 |
| |
|
33.33 |
33.33 |
| Balance carried to
Balance Sheet |
|
1,277.13 |
675.07 |
| Basic
& Diluted Earnings Per Share in Rs. (Refer Note No. 6 of Notes to
Accounts) |
|
223.03 |
88.67 |
| (Face value of Rs. 100
each) |
|
|
|
| |
|
|
|
| |
|
|
|
| ACCOUNTING POLICIES AND NOTES TO ACCOUNTS |
O |
FOR AND ON BEHALF OF THE BOARD |
| |
|
|
|
| As per our attached
report of even date |
|
PALLAVI JHA
___________________ |
| For Haribhakti &
Co. |
|
Chairperson & Managing Director |
| Chartered Accountants |
|
|
|
| |
|
M. N. BHAGWAT __________________ |
| |
|
Director |
|
| |
|
|
|
| |
|
V. K. VERMA __________________ |
| |
|
Director |
|
| CHETAN DESAI |
|
|
|
| Partner |
|
POONAM BARUA __________________ |
| |
|
Director |
|
| |
|
|
|
| |
|
SANJAY JHA
___________________ |
| |
|
Whole
Time Director |
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|
|
|
| |
|
KAMALINI BAHUBALI________________ |
| |
|
Director |
|
| |
|
|
|
| |
|
Dr.S. C. JHA
_____________________ |
| |
|
Director |
|
| |
|
|
|
| |
|
DIVYA MOMAYA
__________________ |
| |
|
Company Secretary |
|
| |
|
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|
| |
|
SHEFALI SAXENA
_________________ |
| |
|
Vice
President - Finance |
| Place: Mumbai |
|
Place : Mumbai |
|
| Date : 21.04.2008 |
|
Date : 21.04.2008 |
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