Balance Sheet

	Mar '2011	Mar '2010
SOURCES OF FUNDS :
Equity Share Capital	10.66	0.53
Reserves	5.34	2.11
Equity Share Warrants	0.00	0.00
Equity Application Money	0.00	0.00
Total Shareholders Funds	16.00	2.64
Secured Loans	0.80	0.95
Unsecured Loans	15.63	3.52
Total Debt	16.43	4.47
Other Liabilities	0.00	0.00
Total Liabilities	32.43	7.11
APPLICATION OF FUNDS :
Gross Block	3.22	2.82
Less: Accumulated Depreciation	1.45	1.13
Less:Impairment of Assets	0.00	0.00
Net Block	1.77	1.69
Lease Adjustments	0.00	0.00
Capital Work in Progress	0.00	0.00
Investments	0.05	0.00
Current Assets, Loans & Advances
Inventories	0.00	0.00
Sundry Debtors	16.26	5.15
Cash and Bank Balance	0.47	0.28
Loans and Advances	27.74	7.07
Total Current Assets	44.47	12.50
Less : Current Liabilities and Provisions
Current Liabilities	10.39	6.75
Provisions	5.09	1.73
Total CL & Provisions	15.48	8.48
Net Current Assets	28.99	4.02
Miscellaneous Expenses not written off	0.41	0.00
Deferred Tax Assets	1.21	1.40
Deferred Tax Liability	0.00	0.00
Net Deferred Tax	1.21	1.40
Other Assets	0.00	0.00
Total Assets	32.43	7.11
Contingent Liabilities	0.00	0.02