AUDITED  FINANCIAL RESULTS FOR THE YEAR ENDED MARCH 31, 2010.  
                  (Rs in Lakhs)    
    PARTICULARS Stand Alone - WPFL Consolidated  
  Quarter  Ended Year Ended Quarter  Ended Year Ended  
      31-Mar 31-Mar 31-Mar 31-Mar  
    Unaudited Audited Unaudited Audited  
    2010 2009 2010 2009 2010 2009 2010 2009  
  1 a) Income from Operation- Training  Income & Consulting Income               -                   -                   -               -         254.14      266.34           1,055.71    1,168.06  
                                                         -  Investment Income         13.19           25.42           33.02       28.82           8.10          7.21                13.00         10.61  
    b) Other Operating Income                  
    Total (a+b)         13.19           25.42           33.02       28.82       262.24      273.55           1,068.71    1,178.67  
  2 Expenditure                  
    Staff Cost         11.20           10.36           44.57       42.72       120.30      147.01              473.76       720.75  
  Training expenses               -                   -                   -               -           20.86        19.57                66.34         87.79  
  Training Centre Expense               -                   -                   -               -           60.26        58.44              218.31         58.44  
  Royalty               -                   -                   -               -           21.50        28.25                97.65       145.22  
  Rental Expenses 0.03             0.02             0.09         0.27         16.57        17.58              114.57       180.88  
  Legal & Professional Expense         15.90             0.77           22.93         4.89         19.28          2.64                31.35         11.73  
  Brokerage Paid           0.00                 -               5.21             -             0.00          0.20                  7.17           0.61  
  Other Expenditure           6.14             8.14           23.74       28.01         59.29        40.44              173.91       233.07  
  Loss on sale of Investments 0.09               0.16         3.59 0.09          3.59                  0.16           3.59  
  Depreciation , Amortisation & Impairment           4.64             4.82           20.48       19.60         13.52        15.19                54.08         60.69  
  Total Expenditure         38.00           24.11         117.18       99.08       331.67      332.91           1,237.30    1,502.77  
  3 Profit /(Loss) from Operations before Other Income, Interest & Exceptional Items (1-2)        (24.82)             1.31          (84.16)      (70.26)       (69.43)      (59.36)             (168.60)     (324.12)  
  4 Other Income         19.13           24.13           94.58       94.77         50.84        53.96              138.03       136.18  
  5 Profit /(Loss)from Operations before Interest & Exceptional Items (3+4)          (5.69)           25.44           10.42       24.51       (18.59)        (5.40)               (30.57)     (187.94)  
  6 Interest           0.87             1.06             3.42         4.49         11.56          5.71                36.35         19.16  
  7 Profit /(Loss)from Operations before Exceptional Items (5-6)          (6.56)           24.38             7.00       20.02       (30.15)      (11.11)               (66.92)     (207.10)  
  8 Exceptional Item               -                   -                   -               -                 -                -                        -   0.00  
  9 Profit/(Loss) from ordinary activities before Tax and Prior Period Income/ (Expenses) (7-8)          (6.56)           24.38             7.00       20.02       (30.15)      (11.11)               (66.92)     (207.10)  
    Add/(Less): Net  Prior Period Income/(Expense)               -   9.19             0.56         9.18           1.04          8.92                 (8.98)           9.67  
  10 PROFIT / (LOSS) BEFORE TAXATION          (6.56)           33.57             7.56       29.20       (29.11)        (2.19)               (75.90)     (197.43)  
  11 Tax Expenses                  
    -  Fringe  Benefit Tax               -              (0.18)                 -          (0.74)               -          (2.17)                      -           (8.63)  
  -  Provision for Fringe Benefit Tax of earlier years 0.00                 -              (0.18)             -   0.25              -                   (0.46)              -    
  -  Income Tax- Current Period 3.19            (2.58)                 -          (2.58)           3.19        (2.58)                      -           (2.58)  
  -  Income Tax- Earlier Years (0.00)                 -              (0.21)         5.21               -                -                   (0.21)           5.21  
  -  Wealth  Tax (0.76)            (0.81)            (2.78)        (3.15)         (0.75)        (0.81)                 (2.79)         (3.15)  
  -  Provision for Wealth Tax Written Back of earlier years               -                   -                   -               -                 -                -                        -                -    
  -  Deferred Tax (44.80)          (46.20)          (48.49)    (146.58) (44.80)      (46.20)               (48.49)     (146.58)  
     Total (42.37)          (49.77)          (51.66)    (147.84) (42.11)      (51.76)               (51.94)     (155.73)  
  12 Net Profit/(Loss) for the period (10-11)        (48.93)          (16.20)          (44.10)    (118.64)       (71.22)      (53.95)             (127.84)     (353.16)  
  13 Minority Interest               -                   -                   -               -   (1.58)        (1.95)                 (6.12)         (1.95)  
  14 Net Profit/(Loss) for the Holding Company (12-13)        (48.93)          (16.20)          (44.10)    (118.64)       (69.65)      (53.95)             (121.72)     (351.21)  
  15 Paid-up Equity Share Capital (Rs)       284.89         284.89         284.89     284.89       284.89      284.89              284.89       284.89  
    (Nominal Value Of Rs.100 each)                  
  16 Reserves excluding revaluation reserve               -                   -        1,794.04  1,838.13               -                -                292.84       414.56  
  17 Basic and Diluted EPS before and after Extraordinary        (17.17)            (5.69)          (15.48)      (41.64)       (24.45)      (17.54)               (42.72)     (123.95)  
     items for the period (not to be annualized) (Rs.)  
  18 Aggregate of Public Shareholding                  
    (a) Number of Shares 137529       133,952       137,529   133,952     137,529    133,952            137,529     133,952  
    (b) Percentage of Shareholding 48.27% 47.02% 48.27% 47.02% 48.27% 47.02% 48.27% 47.02%  
  19 Promoters and promoter group Shareholding                  
    (a) Pledged/ Encumbered NIL NIL 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 May 10, 2010.                  
  2 The Statutory Auditors of the company have carried out statutory audit of the above financial results of the company for the  
    year ended 31st March,2010                  
  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 separately.  
  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 Walchand PeopleFirst Limited has recognised interest income of Rs 5.08 lakhs for the quarter ended March,2010   and  
    Rs 20.01 lakhs for the year ended March,2010.As per the scheme of Merger the same interest is not required to be recognised  
    from the appointed date i.e. 01.04.2009 .  
  8 The Board of Directors of Walchand PeopleFirst Limited and Walchand TalentFirst Limited have approved the scheme of merger of Walchand TalentFirst Limited with Walchand PeopleFirst Limited on 17th September,2009.The same scheme was approved by the Honorable High Court on 09th April 2010 and was filed with Registrar Of Companies on 7th May,2010. The operations of Walchand TalentFirst Limited being mainly the training business will continue with Walchand PeopleFirst Limited. All the assets and liabilities of Walchand TalentFirst Limited will be merged in the books of Walchand PeopleFirst Limited in accordance with the aforesaid scheme of merger. Consequently, Walchand TalentFirst Limited will no longer be in existence post this merger. The merger is consistent with the Company's long-term strategy to focus its activities in the areas of training and to integrate, rationalize and streamline the management structure of the merged business. This scheme of merger is effective from the appointed date being 1st April,2009.The effect of amalgamation is not given in the above results.  
     
     
                       
              By the order of the Board    
                       
              sd/-        
    Place :Mumbai,         ( PALLAVI JHA)      
    Date   :May 10,2010         Chairperson & Managing Director