NUCLEUS SECURITIES LIMTIED
         Regd. Off : Nucleus House, saki-Vihar Road, Andheri (East), Mumbai 400072
                                     Unaudited Financial Results (Provisional)
                                       For the Quarter Ended  30th June, 2002
    (Rupees in lacs)
   
Sr.   Quarter Ended   Year Ended
No.                 Particulars 30th June, 2002 30th June, 2001 31st March, 2002
    (Unaudited) (Unaudited) (Unaudited)
         
1 Net Sales /Income from Operations:-      
   -- Money Changing Division 65.40 78.13 277.04
   -- Other Divisions 15.95 7.27 45.07
    81.36 85.40 322.11
2 Other Income 7.63 10.71 67.65
3 Total Expenditure 88.51 96.15 330.60
  a)  Increase/decrease in stock in trade -- -- --
  b)  Consumption of raw materials -- -- --
  c)  Staff Cost 23.20 28.33 104.55
  d)  Provision for Doubtful Debts 18.20 14.86 15.53
  e)  Other Expenditure 47.11 52.96 210.52
4 Interest (Net) 7.10 7.31 24.03
5 Depreciation 5.85 6.50 25.02
6 Profit(+)/Loss(-)Before Tax (1+2-3-4-5) (12.47) (13.85) 10.11
7 Provision for Defered Taxation (See Note2) -- -- --
8 Provision for Taxation -- -- --
9 Net Profit (+) / Loss (-) (6-7-8) (12.47) (13.85) 10.11
10 Paid-up Equity Share Capital 344.08 344.08 344.08
  (F.V. Rs.10/- each)      
11 Reserves excluding revaluation Reserves -- -- 449.86
         
         
12 Basic and diluted EPS (Rs.10/- each) Rs.            -0.36 Rs.            - 0.40 Rs.                  0.29
13 Aggregate of non-promoter Shareholding :      
   - No. of Shares 1026462 1027662 1027562
   - Percentage of Shareholding 29.83 29.87 29.86
 
 Note : -
1) The   above  results  were taken on record by the Board at its Meeting held on 31st July, 2002.
 2)  Provision for taxation, if any, will be made at the end of the year.
3) Previous period figures have been regrouped wherever necessary.
4) Fixed  assets  used  or  liabilities contracted have not been identifiable to either of the segments as
the same are interchangeable.
                       For Nucleus Securities Limited
 
   Mumbai                                          Asit C. Mehta
               31st July, 2002                         Chairman & Managing Director.