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| Exchange Disseminated Time | Shyam Telecom Ltd has posted a net profit of Rs 12.58 million for the half year ended September 30, 2002 as compared to a net profit of Rs 31.14 million for the half year ended September 30, 2001. Total Income has decreased from Rs 879.78 million in the half year ended September 30, 2001 to Rs 816.55 million in the half year ended September 30, 2002.
Shareholders of the Company passed a resolution by Postal Ballot for transferring the Manufacturing Business of the company to a Wholly Owned Subsidiary company, which is under process.
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