Foreign exchange Gain / (Loss) includes Rs (329.69) lacs representing the exchange difference arising during the nine months period from Buyers Credit Facility (Loan in foreign currency from foreign bank).

CBSL Cable Networks Limited has ceased to be the subsidiary of the Company consequent to the sale/transfer of shares held by the Company on April 16, 2008.

No accounting treatment is required to be given on the comments of Statutory Auditor's Report on the accounts for the year ended March 31, 2008

Information on investors' complaints for the quarter: Opening balance: Nil, New: One, Disposal: One, Closing Balance: Nil.

The company is operating in a single segment viz.providing unified telephony services.

Previous period/years figures have been reclassified, wherever necessary, to make them comparable with those of the current period.

Above results have been reviewed by the Audit Committee and taken on record by the Board of Directors in their meeting held on July 31, 2008. The same are subject to limited review by the Statutory Auditors of the Company