UNAUDITED FINANCIAL RESULTS (PROVISIONAL)
FOR THE QUARTER ENDED 30TH JUNE, 2005
				(Rs.in lacs)
Sr.	Particulars	Quarter ended	Quarter ended	Year ended
No.		30.06.2005	30.06.2004	31.03.2005
		(unaudited)	(Unaudited)	(Audited)
1	Net Sales /Income from Operations:-
	-- Money Changing Division	-	1.21	1.33
	-- Money Transfer	-	3.82	3.82
	-- Arbitrage Income	-	50.50	117.29																	Write Back of TC Liability			118		118
	-- Portfolio Management Services	0.15	-	0.10
		0.15	55.53	122.54
2	Other Income	23.39	8.82	167.37																	Rent Income			35.64		26.46
3	Total Expenditure	10.69	33.13	106.56
	a)   Increase/decrease in stock in trade	-	-	-																				153.64		144.46
	b)   Consumption of raw materials	-	-	-
	c)   Staff Cost	2.78	9.16	24.02
	d)   Other Expenditure	7.91	7.60	41.14
	e)   Bad Debts	-	-	2.66																	Bank Interest			11		4.33
	f)    Arbitrage  Expenses	-	16.37	38.74
4	Interest (Net)	0.15	3.01	4.33																	Admin exp			30		67.82
5	Depreciation	4.86	4.91	29.59
6	Profit(+)/Loss(-)Before Tax (1+2-3-4)	7.84	23.30	149.43																	Book Dep			18		12.36		153.64
7	Extra-ordinary Income	-	118.14	-
8	Provision for Taxation:																											153.64
	- Current	-	(8.00)	8.50																		Book profit		#REF!		#REF!		18
	- Deferred	0.65	-	(9.94)																								-31									obc	2525000
9	Net Profit (+) / Loss (-)	7.19	133.43	150.87																								140.64									napl	1725000
10	Paid-up Equity Share Capital (F.V. Rs.10/-)	344.08	344.08	344.08																		94.64				71.06											nsl	3172120
11	Reserves excluding revaluation reserves	-	-	423.58														731000	34408400			18				12.36
12	Debit balance in Profit & Loss account	-	-	5.76															0.021245		IT Dep	-31				-23.25												7422120
13	Basic and diluted EPS (Rs.10/- each)	Rs.            0.20	Rs.         3.88	Rs              4.38																3440840						60.17
14	Aggregate of non-promoter Shareholding :																					81.64
	- No. of Shares	850312	850312	850312																						22.02			0.875
	- Percentage of Shareholding	24.71	24.71	24.71																		29.72512							0.7175
																													35
	Notes:
1)	The above results were reviewed by the Audit Committee and taken on record by the Board at its
	Meeting held on 11.7.2005 and is subject to Limited Review by the Statutory Auditors.
2)	Other Income includes - Dividend Rs 14.10 lacs; Rent Rs 8.82 lacs.
	Other expenditure includes - Professional fees Rs 1.84 lac; Property Taxes Rs 1.71 lacs. And
3)	There were no investor complaints :- pending at the beginning of the quarter, received during the
	quarter, and pending for disposal at the end of the quarter.
4)	During the quarter the company operated only in one segment- viz Portfolio Management Services.
			For Nucleus Securities Ltd.
Mumbai			Asit C. Mehta
July 11, 2005.			Managing Director
	NUCLEUS SECURITIES LIMITED
	Regd. Office : Nucleus House, Saki-Vihar Road, Andheri (East), Mumbai - 400072