1.

Net Sales / Income from Operations

3168.11

1072.46

873.74

4240.57

3453.79

2.

Other Income

0.00

84.50

88.21

84.50

88.21

3.

Total Expenditure
a.  Staff Cost
b.  Data Digitisation Cost
c.  Other Expenditure

361.74
1612.46
219.36

132.14
720.64
78.47

111.45
520.25
73.54

493.88
2333.10
297.83

417.45
1949.30
252.16

4.

Interest

28.26

23.73

9.61

51.99

33.12

5.

Profit before Depreciation & Tax

946.29

201.98

247.10

1148.27

889.97

6.

Depreciation

91.20

45.98

25.60

137.18

111.10

7.

Profit (+)/Loss (-) before Tax (1+2-3-4-5-6)

855.09

156.00

221.50

1011.09

778.87

8.

Provision for Taxation

0.00

41.52

44.00

41.52

44.00

9.

Net Profit (+) / Loss (-) before Tax (7-8)

855.09

114.48

177.50

969.57

734.87

10.

Extraordinary items

0.00

0.00

0.00

0.00

0.00

11.

Profit after Tax and Extraordinary items

855.09

114.48

177.50

969.57

734.87

12.

Paid-up Equity Share Capital
(Face Value - Rs.10/-each)

1674.69

1674.69

1374.69

1674.69

1374.69

13.

Reserves Excluding Revaluation

2250.80

1964.65

14.

Earnings Per Share Baisc & Diluted

5.79

5.35

15.

Aggregate of Non-Promoter Shareholding
a.  Number of shares
b.  Percentage of Shareholding(%)

144,37,727
86.21%

120,28,727
87.50%

1.

The above results were reviewed by the Audit Committee and taken on record by the Board of Directors at its meeting held on 30th June, 2006.

2.

The Board has decided to withdraw the application from Bombay Stock Exchange for merger of Vishal Information Technologies Limited, a subsidiary of the Company, as the Board is of the opinion that the same may not be in the best interest of the company and decided to keep Software and IT Service company as separate entity and not to merge the two.

3.

The Company had invested in Basiz Fund Service Private Limited ("Basiz"), a company based at Chennai and made that company a 999 subsidiary.Basiz is providing Fund Accounting solutions and services to Mutual Funds, Brokers and other Investment Companies. However the Board decided to keep the B P O segment under one company and sold its stake in Basiz to Vishal Information Technologies Limited, a subsidiary of the company at a premium.

4.

The Company's operations fall under single segment only.

5.

Previous years figures have been regrouped and reclassified wherever necessary.

6.

Information on investor complaints for the quarter- (Nos): Opening balance 0, New 1, Disposals 1, Closing balance.

Place : Mumbai
Date : 30th June, 2006

For Amex Information Technologies Limited

Dilip C Parekh
Director