AUDITED  FINANCIAL RESULTS FOR THE YEAR ENDED MARCH 31, 2011.  
      (Rs in Lacs)  
    PARTICULARS Quarter  Ended Year Ended  
      31-Mar 31-Mar  
    Unaudited Audited  
    2011 2010 2011 2010  
  1 a) Income from Operation- Training  Income & Consulting Income                       292.74                        253.61                     1,283.65                   1,052.51  
                                                         -  Investment Income                           2.37                            8.10                            6.95                        13.00  
    b) Other Operating Income          
    Total (a+b)                       295.11                        261.71                     1,290.60                   1,065.51  
  2 Expenditure          
    Staff Cost                       169.18                        120.30                        598.32                      473.76  
  Training expenses                         14.40                          16.38                          70.89                        51.94  
  Training Centre Expense                         57.64                          60.26                        233.50                      218.31  
  Royalty                         23.88                          21.50                        126.75                        97.65  
  Other Expenditure                         63.51                          99.26                        213.88                      352.77  
  Depreciation , Amortisation & Impairment                         17.52                          13.52                          51.41                        54.08  
  Total Expenditure                       346.13                        331.22                     1,294.75                   1,248.51  
  3 Profit /(Loss) from Operations before Other Income, Interest & Exceptional Items (1-2)                       (51.01)                         (69.51)                          (4.15)                    (183.00)  
  4 Other Income                         34.71                          51.94                        126.52                      143.45  
  5 Profit /(Loss)from Operations before Interest & Exceptional Items (3+4)                       (16.31)                         (17.57)                        122.37                      (39.55)  
  6 Interest                           8.81                          11.56                          40.10                        36.35  
  7 Profit /(Loss)from Operations before Exceptional Items (5-6)                       (25.12)                         (29.13)                          82.27                      (75.90)  
  8 Exceptional Item                              -                                  -                                 -                                -    
  9 PROFIT / (LOSS) BEFORE TAXATION                       (25.12)                         (29.13)                          82.27                      (75.90)  
               
  10 Tax Expenses          
    -  Fringe  Benefit Tax          
  Provision for Fringe Benefit Tax of earlier years 0.00                           (0.25) 0.00                          0.46  
  Minimum alternative tax                         (6.30)                           (3.19)                          15.04                              -    
  MAT Credit Income Account                       (15.04)                                -                          (15.04)                              -    
  Income Tax- Earlier Years                              -                                  -                                 -                            0.21  
  Wealth  Tax                           0.75                            0.75                            3.02                          2.78  
  Provision for Wealth Tax Written Back of earlier years                              -                                    -    
  Deferred Tax (0.37)                          44.80 (3.37)                        48.49  
     Total                       (20.96)                          42.11                          (0.35)                        51.94  
  11 Net Profit/(Loss) from Ordinary Activities after Tax for the period (9-10)                         (4.16)                         (71.24)                          82.62                    (127.84)  
  12 Extraordinary Item ( net of Tax Expense)                              -                                  -                                 -                                -    
  13 Net Profit/(Loss) for the period (11-12)                         (4.16)                         (71.24)                          82.62                    (127.84)  
  14 Paid-up Equity Share Capital (Rs)                       290.39                        290.39                        290.39                      290.39  
    (Nominal Value Of Rs.100 each)          
  15 Reserves excluding revaluation reserve                              -                                  -                          413.81                      322.71  
  16  Earning Per Share
 a) Basic and Diluted EPS before Extraordinary  items for the period, for the year to date and for the previous year (not to be annualized) (Rs.)
                        (1.43)                         (24.53)                          28.45                      (44.02)  
     Earning Per Share
 b) Basic and Diluted EPS after Extraordinary  items for the period, for the year to date and for the previous year (not to be annualized) (Rs.)
                        (1.43)                         (24.53)                          28.45                      (44.02)  
  17 Aggregate of Public Shareholding          
    (a) Number of Shares                     141,757                      143,028                      141,757                    143,028  
    (b) Percentage of Shareholding 48.82% 49.25% 48.82% 49.25%  
  18 Promoters and promoter group Shareholding          
    (a) Pledged/ Encumbered 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 148632 147361 148632 147361  
    - Percentage of shares( as a% of the total shareholding  of promotor and promotor group) 100% 100% 100% 100%  
    - Percentage of shares( as a% of the total share capital of the company.) 51.18% 50.75% 51.18% 50.75%  
               
               
               
  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 10th May,2011.  
  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,2011.  
  3 The financial statements have been prepared in accordance with the Accounting Standard prescribed by the Companies(Accounting Standards) Rules,2006.  
  4 No Investor complaints were pending at opening and at the end of the quarter. Complaints received and resolved  during the quarter -  NIL.  
  5 Previous year's figures have been regrouped / rearranged wherever necessary.  
               
          By the order of the Board  
               
               
    Place :Mumbai,     ( PALLAVI JHA)    
    Date   :May 10,2011     Chairperson & Managing Director
               
               
               
               
               
  SEGMENT - WISE REVENUE RESULTS AND CAPITAL EMPLOYED      
               
    PARTICULARS Quarter  Ended Year Ended  
      31-Mar 31-Mar  
      Unaudited Audited  
      2011 2010 2011 2010  
  1 Segment Revenue:          
    a) Investment activities 2.37 8.10 6.95 13.00  
    b) Training & Consulting Income 292.74 253.61 1283.65 1052.51  
    c) Profit from slump sale                                  -                                  -    
        c) Unallocated                         34.71                          51.94                        126.52                      143.45  
    Net Income from Operations 329.82 313.65 1417.12 1208.96  
  2 Segment Results (PBIT)          
    a) Investment activities                           2.28                            8.05                            6.23                        12.62  
    b) Training & Consulting Income (53.21) (77.33) (9.65) (194.77)  
        c) Unallocated 34.61 51.73 125.79 142.61  
    Total                       (16.32)                         (17.55)                        122.37                      (39.54)  
    Less : i)  Interest Expenses                           8.81                          11.56                          40.10                        36.35  
    Total Profit/(Loss) Before Taxation (25.13) (29.11) 82.27 (75.89)  
  3 Capital Employed (Segment Assets-Segment Liabilities)          
               
    a) Investment activities 116.39 248.56 116.39 248.56  
    b) Training & Consulting Income 164.80                          27.09 164.80                        27.09  
    c) Unallocated 423.01 337.45 423.01                      337.45  
    Total 704.20                        613.10 704.20                      613.10  
               
               
               
               
          By order of the Board  
               
               
               
               
    Place :Mumbai,     (PALLAVI JHA)    
    Date   :May 10,2011     Chairperson & Managing Director