WALCHAND PEOPLEFIRST LIMITED
Registered Office: 5, Construction House, Walchand Hirachand Marg,
Ballard Estate, Mumbai 400 001.
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2006.
        (Rs. In Lacs)
  PARTICULARS Quarter Ended Year Ended
  June 30, March 31,
  2006 2005 2006
    Unaudited Audited
1 Dale Carnegie Income 115.63             62.08 317.86
2 Investment Income 7.41 13.91 83.74
3 Other Income 21.02 3.56 166.14
4 Provisions Written Back (Investments) Net 0.00               0.11 19.09
  Total Revenue 144.06 79.66 586.83
5 Total Expenditure      
  a) Staff Cost 50.78 27.18 126.69
  b) Training Expenses 34.93 25.42 103.16
  c) Other Expenditure 29.38 32.01 149.28
  d) Advertisement & Sales Promotion Expenses 25.20 6.74 49.99
  e) Bad Debts /Doubtful Assets Written Off     68.97
  f) Loss on sale of Investments 0.12                   -   19.29
6 Interest 0.25               0.05 1.64
  Total Expenditure 140.66 91.40 519.02
7 Gross Profit/(Loss) after Interest                  3.40           (11.74)                67.80
  but before Depreciation  and Taxation      
8 Depreciation , Amortisation & Impairment 9.30 8.21 39.16
9 Profit/(Loss) before Tax ( 7-8)                (5.90)           (19.95)                28.64
10 Provision for Taxation      
  - Fringe Benefit Tax                  1.06               0.90 5.06
  - Current Tax               -                     -   3.24
11 Net Profit/(Loss)  (9-10)                (6.96)           (20.85)                20.34
12 Provision of Income Tax written back ( Earlier Years )     14.66
13 Net Profit/(Loss) after adjustments                 (6.96)           (20.85)                35.00
  ( 12 - 11)      
14 Paid-up Equity Share Capital 284.89 284.89 284.89
  (Face Value of Rs.100/- Each)      
15 Reserves excluding revaluation reserve                     -                     -             1,136.81
16 Basic and Diluted EPS (Rs.)                (2.44)             (7.32)                12.28
17 Aggregate of Non-Promoters'  Shareholding      
  (a) Number of Shares 143093 143093 143093
  (b) Percentage of Shareholding 50.23% 50.23% 50.23%
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 July 27,2006
2 Previous year's figures have been regrouped/rearranged wherever necessary.
3 There were no Investor complaints pending at opening and closing of the quarter. -
Complaints received during the quarter - Nil
Page no. 2
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SEGMENT - WISE REVENUE RESULTS AND CAPITAL EMPLOYED
    (Rs. In Lacs)
  PARTICULARS Quarter Ended Year Ended
    June 30, March 31,
    2006 2005 2006
    Unaudited Audited
1 Segment Revenue:      
a) Investment activities 27.53 16.57 265.37
b) Dale Carnegie Training Division 115.63 62.08 317.86
c) Unallocated 0.90 0.90 3.60
  Income from Operations 144.06 79.55 586.83
2 Segment Results (PBIT)      
a) Investment activities 6.03 (3.85) 77.43
b) Dale Carnegie Training Division (0.81)             (3.30) 3.82
c) Less: Financial Expenses 0.25 0.05 1.64
d) Less Unallocable Expenses net of      
  unallocable income)              (10.87)           (12.75) (50.97)
3 Total Profit Before Taxation                (5.90)           (19.95)                28.64
4 Capital Employed (Segment Assets-      
  Segment Liabilities)               1,421.71
Note:
Segmental Capital employed:
Assets & Liabilities used by the Company can not be directly attributable / allocate to the reportable
segments, hence capital employed shown above is consolidated figure.
By order of the Board
Mumbai, Pallavi Jha
July  27, 2006. Chairperson & Managing Director