20081021 Q2 Results

Geodesic Limited (formerly known as Geodesic Information Systems Limited Regd Office : B-3 Lunic Industries, Cross Road No. B, MIDC, Andheri (E), Mumbai - 93 Unaudited Financial results for quarter and half year ended 30th September, 2008 (Rs. in lacs)

Particulars 1. Net sales / income from operations 2. Other Income 3. TOTAL INCOME 4. Expenditure a) Software Development Expenses b) Utilities c) Staff cost d) Marketing expense e) Depreciation and amortization f) Other expenditure g) Exchange (profit) / loss on forward contracts h) (Profit)/Loss due to exchange fluctuation

Quarter ended 30th September (Unaudited) 2008 2007 11,937.09 5,179.31 542.24 225.67 12,479.33 5,404.98

Year ended Six months ended 30th 31st March September (Unaudited) (audited) 2008 2007 2008 21,386.83 10,845.13 25,545.56 1,040.05 438.57 1,237.55 22,426.88 11,283.70 26,783.11

4,732.53 31.18 396.59 3.84 741.71 319.02 (41.71) (526.28)

1,734.51 22.89 247.53 64.17 590.62 174.28 (43.11) 155.48

Total Expenditure 5. Interest 6. Exceptional Items 7. Profit from Ordinary Activities before tax 8. Tax Expense 8a. Income Tax 8b. Deferred Tax (Credit) / Expense 8c. Fringe Benefit Tax 9. Net Profit from Ordinary Activities after tax

5,656.88 1,046.45 5,776.00

2,946.37 0.21 2,458.40

9,960.16 1,978.88 10,487.84

5,319.24 0.44 5,964.02

13,458.72 717.52 12,606.87

900.00 10.00 4,866.00

250.00 5.00 2,203.40

1,640.00 20.00 8,827.84

645.00 6.35 5,312.67

1,575.00 (192.26) 185.00 11,039.13

10. Prior Period Expenditure 11. Net profit for the period / year 12. Paid - up Share Capital Equity Capital (FV Rs. 2) Preference Capital (FV Rs. 10)

(29.41) 4,895.41

24.56 2,178.84

(29.37) 8,857.21

5,312.67

(1.29) 11,040.42

1,844.13 -

1,823.39 165.00

1,844.13 -

1,823.39 165.00

1,843.06 -

13. Reserves excluding revaluation reserves 14. Earning Per Share (EPS) a) Basic and Diluted EPS before Extraordinary items for the period, for the year to date and for the previous year (not to be annualised) b) Basic and Diluted EPS after Extraordinary items for the period, for the year to date and for the previous year (not to be annualised) 15. Public shareholding : - Number of Shares - Percentage of shareholding

-

-

7,448.68 62.50 779.21 17.08 1,465.30 595.14 258.46 (666.21)

3,067.85 37.17 455.70 14.46 1,089.57 273.89 (135.68) 516.28

-

-

7,984.78 85.36 1,137.03 91.45 3,120.73 721.08 (149.65) 467.94

42,308.88

5.28 5.24

3.11 3.09

9.57 9.51

7.54 7.49

12.09 12.00

5.28 5.24

3.11 3.09

9.57 9.51

7.54 7.49

12.09 12.00

70404179 69297672 76.35 76.01

70404179 76.35

69297672 76.01

70338687 76.33

Notes: 1. The above unaudited results for the quarter ended September 30, 2008, were reviewed by the Audit Committee and were adopted by the Board of Directors at their meeting held on October 21, 2008. 2. The unaudited results for the quarter ended September 30, 2008 of the Company on standalone basis, have been subjected to a limited review by the statutory auditors of the company. 3. Previous period figures have been regrouped and reclassified wherever necessary. 4. The name of the Company had changed from “Geodesic Information Systems Limited” to “Geodesic Limited” w.e.f. September 19, 2008, with due approval of shareholders and Central Government. 5. The Company has closed licensing deal with Medion AG, leading European consumer electronics manufacturer to provide award- winning Mundu IM service on new mobile communications device. 6. The Company joined ‘Blackberry ISV Alliance Program’ to bring its innovative mobile services to Blackberry users. 7. Geodesic has signed six new Enterprise customers across USA, Europe and Asia during the quarter ended September 30, 2008. These include Handset Manufacturers, Telecom Providers, BFSI and Value Added Service Providers. 8. Geodesic signed deals with World’s leading digital and offline media agencies to handle the global marketing activities for the launch of their new product. 9. Geodesic has added around 400, 000 new retail users during the second quarter. 10. Geodesic has added around 60 new contributors to Mumbai and Bangalore office during the quarter under review. 11. During the quarter, Chandamama India Limited one of the subsidiaries of the company conducted “Children's Day Out” a mega event in Chennai, Coimbatore and Hyderabad. This event saw over 4000 children in each city participating in activities such as Painting, Clay Modeling, Story Telling, English Debate and single-wicket cricket. The participation was overwhelming and Chandamama India Ltd further plans to roll this event out across India. 12. The Board of Directors at their meeting held on October 7, 2008 had allotted 8,400 equity shares to employees under the Geodesic ESOP Plan. 13. As per the revised guidelines from SEBI dated July 10, 2007, the Company is submitting both the consolidated and stand alone results, but will be publishing only consolidated results. The consolidated results along with stand alone results will be displayed on the company’s website. 14. The above results are standalone and consolidated figures with all subsidiaries of Geodesic are presented separately. 15. The name of the company was changed in order to integrate various activities done by the company and it's subsidiaries. No new activity has been started by the company and hence the revenues are not segregated as required under the listing agreement 16. There are no reportable segments in the period as per AS-17 17. The status of investor grievances for the quarter ended September 30, 2008 PendingNil; Received during the quarter- 1 ; Disposed during the quarter- 1; Unresolved as at September 30, 2008- Nil. For and on behalf of the Board of Directors of Geodesic Limited

Place : Mumbai Date : 21.10.2008

Pankaj Kumar Chairman