Kaashyap Technologies Limited announced unaudited standalone earnings results for the fourth quarter and full year ended March 31, 2012. For the quarter, on standalone basis, net loss was INR 11.64 million or INR 0.02 per basic and diluted share before and after extraordinary items on net sales/income from operations of INR 69.9 million compared to net loss was INR 98.47 million or INR 0.15 per basic and diluted share before and after extraordinary items on net sales/income from operations of INR 23.99 million for the same period a year ago. Loss from operations before other income, finance costs and exceptional items was INR 2.35 million compared to profit from operations before other income, finance costs and exceptional items of INR 1.45 million for the same period a year ago. For the year, on standalone basis, net loss was INR 46.39 million or INR 0.07 per basic and diluted share before and after extraordinary items on net sales/income from operations of INR 248.31 million compared to net loss was INR 61.37 million or INR 0.09 per basic and diluted share before and after extraordinary items on net sales/income from operations of INR 188.8 million for the same period a year ago. Loss from operations before other income, finance costs and exceptional items was INR 18.31 million compared to profit from operations before other income, finance costs and exceptional items of INR 8.63 million for the same period a year ago.

Kaashyap Technologies Limited, Annual General Meeting, Dec 29, 2011. Agenda: To adopt and approve the audited balance sheet, reports of the Directors and Auditors for the period ended March 31, 2011 and profit & loss account for the same period; to approve re-appointment or Mr. A. Ganesan as director of the company; to approve re-appointment of Mr. S. Thiruvengadam as director of the company; and to approve re-appointment of M/s. R. Ravindran & Associates as statutory auditors of the company.

Kaashyap Technologies Limited reported unaudited consolidated and standalone earnings results for the first quarter ended June 30, 2011. For the period, on consolidated basis, income from operations was INR 55.84 million against INR 71.43 million a year ago. Profit before interest, depreciation & tax was INR 1.91 million against INR 2.77 million a year ago. Profit before extra-ordinary item & tax was INR 0.46 million against INR 0.33 million a year ago. Net loss was INR 13.71 million or INR 0.02 per basic and diluted share against INR 13.87 million or INR 0.02 per basic and diluted share a year ago. For the period, on standalone basis, income from operations was INR 55.39 million against INR 70.70 million a year ago. Profit before interest, depreciation & tax was INR 1.95 million against INR 2.59 million a year ago. Profit before extra-ordinary item & tax was INR 0.69 million against INR 0.38 million a year ago. Net loss was INR 11.36 million or INR 0.02 per basic and diluted share against INR 11.69 million or INR 0.02 per basic and diluted share a year ago.