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Regd. Office: CMC Centre, Old Mumbai Highway, Gachibowli
                                                                  Hyderabad - 500 032 (A.P)



                                              Financial Results for the Quarter and Year ended 31 March, 2008

                                                                                                                                         (Amount in Rs. Lakhs)
                                                                      CMC Limited                                          * Consolidated



                                                   Quarter ended 31 March ,     Year ended 31 March,     Quarter ended 31 March ,     Year ended 31 March,
                                                         (unaudited)                  (Audited)                (unaudited)                  (Audited)
Particulars                                          2008           2007         2008           2007       2008           2007         2008           2007


Revenue                                               24549.31     25111.30     98909.04      99440.37     26579.66      29057.85     107663.40    108530.21


(a) Net Sales / Income from Operations                24075.94     24965.69     97719.47      98891.48     26106.29      28912.24     106473.83    107981.32


(b) Other Income                                        473.37        145.61     1189.57        548.89       473.37        145.61       1189.57        548.89


Expenditure (a to f)                                  21456.59     22337.11     87161.37      90582.70     23353.62      26100.49      95358.83     98909.70


(a) Materials                                          9463.00     10226.87     40921.90      42921.51      9463.00      10226.87      40921.90     42921.51


(b) Staff cost                                         4931.93      4453.10     19314.60      17461.51      6051.79       5573.99      23712.47     22062.16


(c) Living expenses-overseas contracts                 2169.68      2135.55      8197.80       7447.02      1527.13       1617.12       6178.18      5734.83


(d) Sub Contracting & Outsourcing Cost                 2008.94      1887.68      7564.92       7753.13      3057.97       4632.80      11968.50     11834.83


(e) Depreciation                                        213.43        242.89        786.90      824.31       214.45        243.50        790.54        826.14


(f) Other expenses                                     2669.61      3391.02     10375.25      14175.22      3039.28       3806.21      11787.24     15530.23


                                                         21.88         70.54         36.23      370.32          4.85         58.48       (31.48)       341.31
Interest (net)


Profit before Tax                                      3070.84      2703.65     11711.44       8487.35      3221.19       2898.88      12336.05      9279.20


Provision for Taxation


- Current income tax                                    352.35        (73.30)    2727.69       1779.92       407.14          (6.07)     2949.87      2049.26


- Deferred income tax                                   371.67        782.20         13.91      108.98       372.88        782.20          5.02        108.98


- Fringe benefit tax                                     40.05         40.15        147.49      188.55         40.05         40.15       147.49        188.55


Profit after Tax                                       2306.77      1954.60      8822.35       6409.90      2401.12       2082.60       9233.67      6932.41


                                                       1515.00      1515.00      1515.00       1515.00      1515.00       1515.00       1515.00      1515.00
Paid-up Equity Share Capital (Face value Rs. 10
each)
                                                           -             -                                       -             -
Reserves (excluding revaluation reserves)                                       28838.04      21708.58                                 29756.68     22335.82


                                                         15.22         12.90         58.23       42.31         15.85         13.75        60.95         45.76
Earning per Share - Basic & Diluted (Rs.)


(not annualised)


Aggregate of Public Shareholding


   Number of shares                                  7,405,039     7,405,039    7,405,039    7,405,039     7,405,039     7,405,039    7,405,039     7,405,039


   Percentage of shareholding                            48.88         48.88         48.88       48.88         48.88         48.88        48.88         48.88
CMC LIMITED
                                                 Regd. Office: CMC Centre, Old Mumbai Highway, Gachibowli
                                                                    Hyderabad - 500 032 (A.P)

                                              Financial Results for the Quarter and Year ended 31 March, 2008

                      Segment wise Revenue, Results and Capital Employed for the Quarter and Year ended 31 March, 2008

                                                                                                                               (Amount in Rs. Lakhs)
                                                                CMC Limited                                        * Consolidated


                                               Quarter ended 31 March,    Year ended 31 March,     Quarter ended 31 March,   Year ended 31 March,
                                                     (unaudited)                (Audited)                (unaudited)               (Audited)
                Particulars                      2008          2007         2008        2007          2008         2007        2008        2007


Segment Revenue (a to d)

(a)     Customer Services                         13828.51    13877.90    57355.02      57903.52      13828.51    13877.90    57355.02       57903.52

(b)     Systems Integration                        7610.99     7731.45    29783.67      29725.03       9641.34    11678.00    38538.03       38814.87

(c)     ITES                                       1659.18     2080.88     6499.39       7120.99       1659.18     2080.88     6499.39        7120.99

(d)     Education & Training                       1245.41     1335.79     4727.39       4238.91       1245.41     1335.79     4727.39        4238.91

                                                  24344.09    25026.02    98365.47      98988.45      26374.44    28972.57   107119.83      108078.29
Total

(e)     Other unallocable revenue                   205.22        85.28       543.57      451.92        205.22       85.28      543.57         451.92

Total Revenue                                     24549.31    25111.30    98909.04      99440.37      26579.66    29057.85   107663.40      108530.21



Segment Results (a to d)

Profit before tax and interest from each
segment
(a)     Customer Services                          1213.75     1514.22     4754.69       4504.13       1213.75     1514.22     4754.69        4504.13

(b)     Systems Integration                        2428.86     1688.72     9028.80       6313.56       2562.18     1871.85     9585.70        7076.36

(c)     ITES                                        191.80      637.15     1218.28       2069.49        191.80      637.15     1218.28        2069.49

(d)     Education & Training                        130.01      267.74     1017.99        781.54        130.01      267.74     1017.99         781.54

Total                                              3964.42     4107.83    16019.76      13668.72       4097.74     4290.96    16576.66       14431.52

Less:

  i. Interest (Net)                                  21.88        70.54        36.23      370.32          4.85       58.48      (31.48)        341.31

 ii. Other unallocable expenditure

      (net of unallocable Income)                   871.70     1333.64     4272.09       4811.05        871.70     1333.60     4272.09        4811.01

Total Profit before Tax                            3070.84     2703.65    11711.44       8487.35       3221.19     2898.88    12336.05        9279.20



Capital Employed (a to e)

Segment Assets - Segment Liabilities

(a)     Customer services                          4027.05     6688.29     4027.05       6688.29       4027.05     6688.29     4027.05        6688.29

(b)     Systems Integration                        7202.69     8399.08     7202.69       8399.08       8895.56     9806.16     8895.56        9806.16

(c)     ITES                                       1681.46     1371.79     1681.46       1371.79       1681.46     1371.79     1681.46        1371.79

(d)     Education & Training                         28.48      121.26         28.48      121.26         28.48      121.26          28.48      121.26

(e)     Unallocable Assets less Liabilities       17413.36     6643.16    17413.36       6643.16      16639.13     5863.32    16639.13        5863.32

Total                                             30353.04    23223.58    30353.04      23223.58      31271.68    23850.82    31271.68       23850.82
Notes to the Audited Financial Results

1   The above results have been approved by the Board of Directors at its meeting held on 17 April, 2008.
2   *Consolidated results comprise consolidation of the financial results of CMC Limited and its wholly owned
    subsidiary CMC Americas, Inc.
3   There were no investor grievances pending as at 1 April, 2007. The Company received 51 investor grievances
    during the year ended 31 March, 2008. All 51 grievances were resolved. No grievances were outstanding as at
    31 March, 2008.
4   The Board of Directors proposed a dividend of Rs.11/- per share (110% on an equity share of par value of
    Rs.10) subject to approval of members of the Company at the Annual General Meeting.

5   Previous period figures have been regrouped, wherever necessary, for the purpose of comparison.


                                                               For and on behalf of the Board




    New Delhi                                                  R. RAMANAN
    17 April, 2008                                             Managing Director & CEO


                                             www.cmcltd.com

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CMC q4 fy08

  • 1. Regd. Office: CMC Centre, Old Mumbai Highway, Gachibowli Hyderabad - 500 032 (A.P) Financial Results for the Quarter and Year ended 31 March, 2008 (Amount in Rs. Lakhs) CMC Limited * Consolidated Quarter ended 31 March , Year ended 31 March, Quarter ended 31 March , Year ended 31 March, (unaudited) (Audited) (unaudited) (Audited) Particulars 2008 2007 2008 2007 2008 2007 2008 2007 Revenue 24549.31 25111.30 98909.04 99440.37 26579.66 29057.85 107663.40 108530.21 (a) Net Sales / Income from Operations 24075.94 24965.69 97719.47 98891.48 26106.29 28912.24 106473.83 107981.32 (b) Other Income 473.37 145.61 1189.57 548.89 473.37 145.61 1189.57 548.89 Expenditure (a to f) 21456.59 22337.11 87161.37 90582.70 23353.62 26100.49 95358.83 98909.70 (a) Materials 9463.00 10226.87 40921.90 42921.51 9463.00 10226.87 40921.90 42921.51 (b) Staff cost 4931.93 4453.10 19314.60 17461.51 6051.79 5573.99 23712.47 22062.16 (c) Living expenses-overseas contracts 2169.68 2135.55 8197.80 7447.02 1527.13 1617.12 6178.18 5734.83 (d) Sub Contracting & Outsourcing Cost 2008.94 1887.68 7564.92 7753.13 3057.97 4632.80 11968.50 11834.83 (e) Depreciation 213.43 242.89 786.90 824.31 214.45 243.50 790.54 826.14 (f) Other expenses 2669.61 3391.02 10375.25 14175.22 3039.28 3806.21 11787.24 15530.23 21.88 70.54 36.23 370.32 4.85 58.48 (31.48) 341.31 Interest (net) Profit before Tax 3070.84 2703.65 11711.44 8487.35 3221.19 2898.88 12336.05 9279.20 Provision for Taxation - Current income tax 352.35 (73.30) 2727.69 1779.92 407.14 (6.07) 2949.87 2049.26 - Deferred income tax 371.67 782.20 13.91 108.98 372.88 782.20 5.02 108.98 - Fringe benefit tax 40.05 40.15 147.49 188.55 40.05 40.15 147.49 188.55 Profit after Tax 2306.77 1954.60 8822.35 6409.90 2401.12 2082.60 9233.67 6932.41 1515.00 1515.00 1515.00 1515.00 1515.00 1515.00 1515.00 1515.00 Paid-up Equity Share Capital (Face value Rs. 10 each) - - - - Reserves (excluding revaluation reserves) 28838.04 21708.58 29756.68 22335.82 15.22 12.90 58.23 42.31 15.85 13.75 60.95 45.76 Earning per Share - Basic & Diluted (Rs.) (not annualised) Aggregate of Public Shareholding Number of shares 7,405,039 7,405,039 7,405,039 7,405,039 7,405,039 7,405,039 7,405,039 7,405,039 Percentage of shareholding 48.88 48.88 48.88 48.88 48.88 48.88 48.88 48.88
  • 2. CMC LIMITED Regd. Office: CMC Centre, Old Mumbai Highway, Gachibowli Hyderabad - 500 032 (A.P) Financial Results for the Quarter and Year ended 31 March, 2008 Segment wise Revenue, Results and Capital Employed for the Quarter and Year ended 31 March, 2008 (Amount in Rs. Lakhs) CMC Limited * Consolidated Quarter ended 31 March, Year ended 31 March, Quarter ended 31 March, Year ended 31 March, (unaudited) (Audited) (unaudited) (Audited) Particulars 2008 2007 2008 2007 2008 2007 2008 2007 Segment Revenue (a to d) (a) Customer Services 13828.51 13877.90 57355.02 57903.52 13828.51 13877.90 57355.02 57903.52 (b) Systems Integration 7610.99 7731.45 29783.67 29725.03 9641.34 11678.00 38538.03 38814.87 (c) ITES 1659.18 2080.88 6499.39 7120.99 1659.18 2080.88 6499.39 7120.99 (d) Education & Training 1245.41 1335.79 4727.39 4238.91 1245.41 1335.79 4727.39 4238.91 24344.09 25026.02 98365.47 98988.45 26374.44 28972.57 107119.83 108078.29 Total (e) Other unallocable revenue 205.22 85.28 543.57 451.92 205.22 85.28 543.57 451.92 Total Revenue 24549.31 25111.30 98909.04 99440.37 26579.66 29057.85 107663.40 108530.21 Segment Results (a to d) Profit before tax and interest from each segment (a) Customer Services 1213.75 1514.22 4754.69 4504.13 1213.75 1514.22 4754.69 4504.13 (b) Systems Integration 2428.86 1688.72 9028.80 6313.56 2562.18 1871.85 9585.70 7076.36 (c) ITES 191.80 637.15 1218.28 2069.49 191.80 637.15 1218.28 2069.49 (d) Education & Training 130.01 267.74 1017.99 781.54 130.01 267.74 1017.99 781.54 Total 3964.42 4107.83 16019.76 13668.72 4097.74 4290.96 16576.66 14431.52 Less: i. Interest (Net) 21.88 70.54 36.23 370.32 4.85 58.48 (31.48) 341.31 ii. Other unallocable expenditure (net of unallocable Income) 871.70 1333.64 4272.09 4811.05 871.70 1333.60 4272.09 4811.01 Total Profit before Tax 3070.84 2703.65 11711.44 8487.35 3221.19 2898.88 12336.05 9279.20 Capital Employed (a to e) Segment Assets - Segment Liabilities (a) Customer services 4027.05 6688.29 4027.05 6688.29 4027.05 6688.29 4027.05 6688.29 (b) Systems Integration 7202.69 8399.08 7202.69 8399.08 8895.56 9806.16 8895.56 9806.16 (c) ITES 1681.46 1371.79 1681.46 1371.79 1681.46 1371.79 1681.46 1371.79 (d) Education & Training 28.48 121.26 28.48 121.26 28.48 121.26 28.48 121.26 (e) Unallocable Assets less Liabilities 17413.36 6643.16 17413.36 6643.16 16639.13 5863.32 16639.13 5863.32 Total 30353.04 23223.58 30353.04 23223.58 31271.68 23850.82 31271.68 23850.82
  • 3. Notes to the Audited Financial Results 1 The above results have been approved by the Board of Directors at its meeting held on 17 April, 2008. 2 *Consolidated results comprise consolidation of the financial results of CMC Limited and its wholly owned subsidiary CMC Americas, Inc. 3 There were no investor grievances pending as at 1 April, 2007. The Company received 51 investor grievances during the year ended 31 March, 2008. All 51 grievances were resolved. No grievances were outstanding as at 31 March, 2008. 4 The Board of Directors proposed a dividend of Rs.11/- per share (110% on an equity share of par value of Rs.10) subject to approval of members of the Company at the Annual General Meeting. 5 Previous period figures have been regrouped, wherever necessary, for the purpose of comparison. For and on behalf of the Board New Delhi R. RAMANAN 17 April, 2008 Managing Director & CEO www.cmcltd.com