Segmentwise Revenue, Results and Capital Employed
	Under Clause 41 of the Listing Agreement
	As on 31st December, 2003
					(Rupees in lacs)
Sr	Particulars	Quarter Ended		Half year ended		Year ended
No		30.09.2004	30.09.2003	30.09.2004	30.09.2003	31.03.2004
1	Segment Revenue (net sale / income from)
	a)  Segment  - Money Changing		16.84	1.66	46.03	67.43
	b)  Segment - Money Transfer		12.76	3.82	25.68	49.54
	c)  Segment - Income from Arbitrage Activities		35.83		35.83	234.94
	d)  Segment - Others		8.83		15.17	53.89
	Total		74.26		122.71	405.80
	Less : Inter Segment Revenue		--		--	--
	Net sales/Income from operations		74.26		122.71	405.80
2	Segment Results  Profit (+) Loss(-) before
	tax and interest from segment
	a)  Segment  - Money Changing		(14.54)		(24.71)	(145.88)
	b)  Segment - Money Transfer		4.51		13.60	18.21
	c)  Segment - Income from Arbitrage Activities		23.05		23.05	154.56
	d)  Segment - Others		4.51		6.67	37.08
	Total		17.20		18.60	63.97
	Less : i)  Interest		8.88		15.91	28.43
	ii) Other unallocable expenditure		7.35		13.17	21.63
	net off unallocable Income.
	Net Profit/(Loss) Before Tax		0.97		(10.48)	13.91
3	Capital Employed
	(Segment Assets - Segment Liabilities)
	a)  Segment  - Money Changing/Money Transfer		581.89		581.89	982.10
	& Others
	Total		581.89		581.89	982.10