================================================================================
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   __________

                                   FORM 10-Q

              QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF
                      THE SECURITIES EXCHANGE ACT OF 1934

              Quarterly Report Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934
                  for the quarterly period ended March 31, 1997


                         Commission File Number 0-28840


                     INFORMATION MANAGEMENT RESOURCES, INC.
             (Exact name of Registrant as specified in its charter)


                Florida                                59-2911475
    (State or Other Jurisdiction of        (I.R.S. Employer Identification No.)
     Incorporation or Organization)


        26750 U.S. Highway 19 North, Suite 500, Clearwater, Florida 34621
              (Address of principal executive offices and zip code)



                                  813-797-7080
              (Registrant's telephone number, including area code)


      Indicate by check mark  whether the  Registrant  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
Registrant  was required to file such reports,  and (2) has been subject to such
filing requirements for the past 90 days.

Yes     X           No
     ------             ------

      As of May  12,  1997,  there  were  9,753,732  outstanding  shares  of the
Registrant's Common Stock, par value $.10 per share.






<PAGE>



                    INFORMATION MANAGEMENT RESOURCES, INC.


                              Table of Contents
                              -----------------


                        Part I - Financial information
                        ------------------------------



                                                                     Page
                                                                     ----
   Item 1. Consolidated Balance Sheets                            
           as of March 31, 1997 and December 31, 1996.........         3
                                                                  
           Consolidated Statements of Income                      
           for the Three Month Periods Ended                      
           March 31, 1997 and 1996.............................        4
                                                                  
           Consolidated Statements of Cash Flows                  
           for the Three Month Periods Ended                      
           March 31, 1997 and 1996.............................        5
                                                                  
           Notes to Consolidated Financial Statements..........        6
                                                                  
                                                                  
   Item 2. Management's Discussion and Analysis of Results of     
           Operations and Financial Condition..................        8
                                                                  
                                                                  
                          Part II - Other Information             
                          ---------------------------             
                                                                  
                                                                  
   Item 1.  Legal Proceedings..................................       11
                                                                  
   Item 5.  Other Information..................................       11
                                                                  
   Item 6.  Exhibits and Reports on Form 8-K...................       11
                                                                  
                                                                  
                                                                  
                                                                  
                                                                  
                                                               






                                      2


<PAGE>
           INFORMATION MANAGEMENT RESOURCES, INC. AND SUBSIDIARIES
                         CONSOLIDATED BALANCE SHEETS
<TABLE>
<CAPTION>
                                                                March 31,      December 31,
                                                                  1997            1996 
                                                              ------------    ------------
                                                               (Unaudited)
                         ASSETS
<S>                                                           <C>             <C>    
Current assets:
   Cash and cash equivalents ..............................   $ 12,816,503    $ 24,081,743
   Marketable securities ..................................     11,750,043       5,643,535
   Accounts receivable ....................................      8,216,282       5,669,626
   Unbilled work in process ...............................      3,199,256       1,073,965
   Accounts receivable, affiliate .........................           --           646,220
   Notes receivable, affiliate ............................           --           533,750
   Other current assets ...................................      1,438,894         890,341
                                                              ------------    ------------

         Total current assets .............................     37,420,978      38,539,180
Property and equipment, net of accumulated depreciation ...      6,962,269       3,702,918
Capitalized software costs, net of accumulated amortization        744,405         719,978
Note receivable, affiliate ................................           --           158,750
Deposits and other assets .................................        513,938         437,716
Goodwill, net of accumulated amortization .................     10,347,648       5,394,569
                                                              ------------    ------------

         Total assets .....................................   $ 55,989,238    $ 48,953,111
                                                              ============    ============

          LIABILITIES AND SHAREHOLDERS' EQUITY

 Current liabilities:
   Revolving credit loans .................................   $  1,071,319    $       --
   Accounts payable .......................................      1,653,895       1,364,043
   Accrued expenses .......................................      4,622,871       2,878,049
   Income tax payable .....................................        935,192         476,750
   Deferred income taxes ..................................        250,000         257,832
   Current portion of long-term debt ......................        232,680            --
   Current maturities of capital lease obligations ........         91,507          55,444
   Current portion of notes payable-shareholders ..........           --           813,754
   Deferred revenue .......................................      2,624,980       1,964,576
                                                              ------------    ------------

         Total current liabilities ........................     11,482,444       7,810,448
Long-term debt ............................................        698,039            --
Deferred income taxes .....................................        384,423         634,396
Other liabilities .........................................         88,808          84,879
                                                              ------------    ------------

         Total liabilities ................................     12,653,714       8,529,723
                                                              ------------    ------------

Minority interest .........................................         73,638          67,107
                                                              ------------    ------------
Shareholders' equity:
   Preferred stock ........................................           --              --
   Common stock ...........................................        975,373         964,909
   Additional paid-in capital .............................     40,311,694      38,841,667
   Retained earnings ......................................      2,100,775         669,034
   Cumulative foreign currency translation adjustment .....       (125,956)       (119,329)
                                                              ------------    ------------

         Total shareholders' equity .......................     43,261,886      40,356,281
                                                              ------------    ------------

         Total liabilities and shareholders' equity .......   $ 55,989,238    $ 48,953,111
                                                              ============    ============
  The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>
                                           3                                 

<PAGE>                                                                  

             INFORMATION MANAGEMENT RESOURCES, INC. AND SUBSIDIARIES
                        CONSOLIDATED STATEMENTS OF INCOME
                                   (Unaudited)
                                                       Three Months Ended
                                                            March 31
                                                   ---------------------------
                                                       1997             1996   
                                                   ------------    ------------

Revenues .......................................   $ 14,347,229    $  6,089,685
Cost of revenues ...............................      8,041,965       3,489,373
                                                   ------------    ------------

         Gross profit ..........................      6,305,264       2,600,312

Selling, general and administrative expenses ...      3,920,701       1,576,007
Goodwill amortization ..........................        271,401          14,688
                                                   ------------    ------------

                                                      4,192,102       1,590,695
                                                   ------------    ------------

         Income from operations ................      2,113,162       1,009,617

Other (expense) income:
         Interest expense ......................        (66,872)        (63,297)
         Interest income and other .............        244,316           1,163
         Loss in equity investment .............           --           (16,014)
                                                   ------------    ------------

         Total other (expense) income ..........        177,444         (78,148)
                                                   ------------    ------------

Income before provision for income taxes and
         minority interest .....................      2,290,606         931,469

Provision for income taxes .....................        852,167          75,386
                                                   ------------    ------------

         Income before minority interest .......      1,438,439         856,083

Minority interest in net income ................         (6,698)       (153,731)
                                                   ------------    ------------

         Net income ............................   $  1,431,741    $    702,352
                                                   ============    ============

Pro forma income data (unaudited):

Historical net income ..........................   $  1,431,741    $    702,352
Pro forma adjustment to income tax expense .....           --           279,525
                                                   ------------    ------------

Pro forma net income ...........................   $  1,431,741    $    422,827
                                                   ============    ============

Pro forma net income per share .................   $       0.10    $       0.04
                                                   ============    ============
Weighted average common and
         common stock equivalent shares
          outstanding ..........................     14,629,312      11,175,082
                                                   ============    ============


                  The accompanying notes are an integral part
                   of these consolidated financial statements.

                                        4


<PAGE>


           INFORMATION MANAGEMENT RESOURCES, INC. AND SUBSIDIARIES
                    CONSOLIDATED STATEMENTS OF CASH FLOWS
                                 (Unaudited)
<TABLE>
<CAPTION>
                                                                          Three Months Ended March 31
                                                                          ----------------------------
                                                                              1997             1996     
                                                                          ------------    ------------
<S>                                                                       <C>             <C>    
Cash flows from operating activities:
   Net income .........................................................   $  1,431,741    $    702,264
   Adjustment to reconcile net income to cash provided by (used in)
      operating activities:
      Depreciation and amortization ...................................        610,956         170,121
      Loss in equity investment .......................................           --            16,014
      Minority interest in net income .................................          6,698         153,731
      Changes in operating assets and liabilities, net of acquisitions:
         Accounts receivable and unbilled work-in-process .............     (1,324,440)       (226,323)
         Accounts receivable-affiliate ................................           --            (2,823)
         Other current assets .........................................        177,409          37,483
         Deposits and other assets ....................................        (76,222)       (107,325)
         Accounts payable .............................................       (477,152)         22,189
         Accrued expenses .............................................       (956,067)       (491,152)
         Income tax payable ...........................................        388,813            --
         Deferred income taxes ........................................       (257,805)         14,690
         Deferred revenue .............................................        281,581         200,459
         Other liabilities ............................................         12,331          (1,905)
                                                                          ------------    ------------

         Total adjustments ............................................     (1,613,898)       (214,841)
                                                                          ------------    ------------

         Net cash provided by (used in) operating activities ..........       (182,157)        487,423
                                                                          ------------    ------------

Cash flows from investing activities:
   Investment in marketable securities ................................     (6,106,508)           --
   Additions to capitalized software costs ............................       (150,000)        (94,465)
   Additions to property and equipment ................................     (2,724,752)        (89,024)
   Increase in equity investment and loans to affiliate ...............           --          (392,500)
   Acquisition of subsidiaries, net of cash received ..................     (2,703,870)           --
                                                                          ------------    ------------

         Net cash used in investing activities ........................    (11,685,130)       (575,989)
                                                                          ------------    ------------

Cash flows from financing activities:
   Net borrowings from revolving credit line ..........................        136,248         397,989
   Proceeds from long-term debt .......................................        930,719            --
   Payments on long-term debt .........................................           --          (243,750)
   Payments on notes payable-shareholder ..............................       (822,156)       (240,042)
   Payments on capital lease obligations ..............................        (28,350)        (48,658)
   Proceeds from issuance of common stock .............................        391,915            --
   Purchase of treasury stock at cost .................................           --           (50,000)
                                                                          ------------    ------------

         Net cash provided by (used in) financing activities ..........        608,376        (184,461)
                                                                          ------------    ------------

Effect of exchange rate changes .......................................         (6,329)         31,747
                                                                          ------------    ------------

Net decrease in cash and cash equivalents .............................    (11,265,240)       (241,280)
Cash and cash equivalents at beginning of year ........................     24,081,743       1,620,968
                                                                          ------------    ------------


Cash and cash equivalents at end of period ............................   $ 12,816,503    $  1,379,688
                                                                          ============    ============

     The accompanying notes are an integral part of these consolidated financial statements.

</TABLE>

                                           5


<PAGE>

             INFORMATION MANAGEMENT RESOURCES, INC. AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                 March 31, 1997
                                   (Unaudited)



1.    BASIS OF PRESENTATION

      In the opinion of  management,  the  accompanying  consolidated  financial
statements have been prepared in conformity with generally  accepted  accounting
principles and include all adjustments,  consisting only of all normal recurring
adjustments,  necessary for a fair  presentation.  The results of operations for
the three month period ended March 31, 1997 are not  necessarily  indicative  of
the  results  to  be  expected  for  the  full  year.  These  interim  condensed
consolidated financial statements should be read in conjunction with the audited
consolidated  financial  statements for the year ended December 31, 1996,  which
are  contained  in the  Company's  Annual  Report on Form 10-K as filed with the
Securities and Exchange Commission.


2.    ACCOUNTING POLICIES

      (a)   PRINCIPLES OF CONSOLIDATION - The consolidated  financial statements
include the accounts of Information  Management  Resources,  Inc.  ("IMR" or the
"Company"), its wholly owned subsidiaries and its effectively controlled foreign
subsidiary.  All significant  intercompany  balances and transactions  have been
eliminated.

      (b)   MARKETABLE  SECURITIES - The Company  currently invests in only high
quality,  short-term investments which it classifies as  available-for-sale.  As
such there were no significant  differences between amortized cost and estimated
fair value at March 31, 1997.  Additionally,  because investments are short-term
and are generally allowed to mature, realized gains and losses have been minimal
through March 31, 1997.

            The following  table presents the estimated fair value of marketable
securities by category:

                                                               March 31,
                                                                  1997
                                                            --------------
                  Municipal debt securities................ $  11,375,556
                  Certificates of deposit - foreign........       213,534
                  Interest income receivable...............       160,953
                                                            -------------
  
                                                            $  11,750,043
                                                            =============


             The maturity of the above marketable securities at March 31, 1997,
is between one and two years.

      (c)   NET INCOME  PER SHARE - Net income per common and common  equivalent
share is  computed  using the  weighted  average  number of common and  dilutive
common  equivalent  shares  outstanding  during  each  period.  Shares  of stock
issuable  pursuant to stock  options  have been  included  where their effect is
dilutive.  Fully diluted earnings per common share are not presented as they are
not  materially  different  from  primary  earnings per share.  Dilutive  common
equivalent shares consist of stock options (using the treasury stock method).

      (d)   RECLASSIFICATION  - Recruiting  expenses have been reclassified from
cost of revenues to selling,  general and administrative  expenses for the three
months  ended  March 31,  1996 to  conform  to the new  classification  of these
expenses for the three months ended March 31, 1997.


                                        6


<PAGE>


           INFORMATION MANAGEMENT RESOURCES, INC. AND SUBSIDIARIES
                  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                March 31, 1997
                                 (Unaudited)



3.    PRO FORMA NET INCOME

      Prior  to  November  1996,  the  Company  elected  to  be  taxed  as  an S
Corporation  under the provisions of the Internal  Revenue Code whereby  taxable
income is generally  reported by the shareholders on their individual income tax
returns.  In  connection  with the  Company's  initial  public  offering,  the S
Corporation  election was terminated on November 11, 1996 and  subsequently  the
Company  became  subject  to  U.S.  federal  and  state  income  taxes  as  a  C
Corporation.

      To properly reflect the Company's results of operations, the provision for
income taxes has been adjusted, on a pro forma basis, as if the Company had been
subject to federal and state income  taxes at the  marginal  rates for the three
months ended March 31, 1996 as a C Corporation.

4.    ACQUISITIONS

      LINK GROUP HOLDINGS  LIMITED AND INFORMATION  MANAGEMENT  RESOURCES (U.K.)
LIMITED  ("IMR-U.K.  Acquisition") - On February 10, 1997 (effective  January 8,
1997), the Company acquired 100% of the outstanding stock of Link Group Holdings
Limited  ("Link"),  a United Kingdom limited  liability  company.  Link provides
transitional  software  outsourcing  solutions  to  the  information  technology
departments  of large  businesses  located in the U.K.  In  exchange  for Link's
common  stock,  Link's  shareholders  received  $2.1  million in cash and 71,708
shares of the  Company's  common  stock.  In  addition,  $1.6 million in cash is
payable to Link's former shareholders one year from closing (included in accrued
expenses).  The Link acquisition is accounted for as a purchase  pursuant to the
provisions of APB Opinion No. 16. The purchase price was allocated to the assets
acquired and  liabilities  assumed  based on their  estimated  fair values.  The
excess  of the  purchase  price  over  the net  assets  acquired  (goodwill)  is
amortized over a period not to exceed ten years.

      Coincident with the above acquisition,  the Company also acquired 10.5% of
Information  Management  Resources (U.K.) Limited  (IMR-U.K.) from the Company's
majority shareholder and his spouse for $520,000 in cash. The purchase price was
determined through  negotiations between the Company and the shareholder and his
spouse.  The excess of the $520,000  purchase price over the net assets acquired
was charged as a reduction in equity.

      Prior to the above acquisitions,  the Company owned 39.5% of IMR-U.K.  and
Link  owned  50% of IMR-  U.K.  After  the  IMR-U.K.  acquisition,  the  Company
effectively owned 100% of both Link and IMR-U.K.

      MOVIETONE,  LTD.  - In  March  1997,  the  Company  acquired  100%  of the
outstanding stock of Movietone,  Ltd. (an Indian limited liability  company) for
approximately $1.7 million in cash.  Movietone,  Ltd. has no significant ongoing
activities and its only significant asset is a building located in the Santacruz
Electronics Export Processing Zone in Bombay, India. The acquisition is recorded
as a purchase  pursuant  to the  provisions  of APB  Opinion  No. 16. The entire
purchase price was allocated to the building as it approximates its fair value.







                                        7


<PAGE>



             INFORMATION MANAGEMENT RESOURCES, INC. AND SUBSIDIARIES

                      MANAGEMENT DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS



      Except for historical information contained herein, some matters discussed
in this  report  constitute  forward-looking  statements  within the  meaning of
Section 27A of the  Securities  Act of 1933, as amended,  and Section 21E of the
Securities Exchange Act of 1934, as amended. The Company notes that a variety of
risk factors could cause the Company's  actual  results and experience to differ
materially from the anticipated  results or other expectations  expressed in the
Company's  forward-looking  statements.  Reference is made in  particular to the
discussion set forth below in this report and set forth in the Company's  Annual
Report on Form 10-K as filed with the Securities and Exchange Commission.

RESULTS OF OPERATIONS

FOR THE THREE MONTH PERIODS ENDED MARCH 31, 1997 AND 1996

      The  following   information  should  be  read  in  conjunction  with  the
consolidated  financial statements and the notes thereto and in conjunction with
Management's  Discussion  and  Analysis of  Financial  Condition  and Results of
Operations  in the  Company's  Annual  Report  on Form  10-K as  filed  with the
Securities and Exchange Commission.

      For the three  months ended March 31,  1997,  revenues  increased to $14.3
million  representing a 135.6% increase over the prior year's comparable period.
The IMR-UK  acquisition  (see Note 4 of the Consolidated  Financial  Statements)
accounted for $3.9 million of the revenue  increase.  The remaining $4.4 million
of increased revenues were primarily  attributable to the continued expansion of
the  Year  2000  service  offering  in  the  U.S.  operations.  The  information
technology  ("IT")  industry is  currently  focused on  resolving  the Year 2000
problem, as many existing computer systems run software programs permitting only
two-digit  entries for years and therefore  cannot properly process dates in the
next century.  The Gartner Group, a recognized  industry  source,  has estimated
that the world-wide  costs  (including  in-house costs) to resolve the Year 2000
problem  could range from $300 billion to $600 billion.  First quarter  revenues
from the  Company's  Year 2000  services  increased to $6.2  million  (including
IMR-U.K. revenues),  compared to less than $0.5 million for the first quarter of
1996.

      The Company's  transitional  outsourcing  services (software  development,
application maintenance and migration,  and re-engineering  services),  revenues
were $5.7 million  (including  IMR-U.K.  revenues) for the first quarter of 1997
compared to $4.1 million for the first quarter of 1996.

      Professional  services  revenues  for the first  quarter of 1997 were $2.3
million  (including  IMR-U.K.  revenues)  compared to $1.0 million for the first
quarter of 1996.

      Gross  profit  increased  to $6.3  million  in the first  quarter  of 1997
compared to $2.6 million in the prior  comparable  period.  As a  percentage  of
revenue,  gross profit  increased to 44.0% in the first quarter of 1997 compared
to 42.7% in 1996. The Company's gross profit  percentage  increased for the U.S.
and  India  operations,  however,  the U.K.  operations  partially  offset  this
increase as the newly acquired company had a substantial portion of lower margin
professional service business. 





                                        8


<PAGE>



           INFORMATION MANAGEMENT RESOURCES, INC. AND SUBSIDIARIES

                    MANAGEMENT DISCUSSION AND ANALYSIS OF
                FINANCIAL CONDITION AND RESULTS OF OPERATIONS
                                 (CONTINUED)



FOR THE THREE MONTH PERIODS ENDED MARCH 31, 1997 AND 1996 (CONTINUED)

      For  the  three  months  ended  March  31,  1997,  selling,   general  and
administrative  (SG&A)  expenses  increased  to $3.9  million,  compared to $1.6
million in 1996. As a percentage of revenues, SG&A expenses for the three months
ended March 31, 1997  increased to 27.3% from 25.9% for the same period in 1996.
The  increase  is  attributable  to the  inclusion  of IMR-U.K.  SG&A  expenses,
regionalization  of operations,  additional costs associated with being a public
company,   and   increases  in  costs   related  to  expanding   the   Company's
administrative support staff. The Company is currently expanding SG&A expense in
anticipation of increasing business volume in late 1997 and 1998.

      Goodwill  amortization  increased  to approximately $271,000 for the three
months  ended March 31,  1997 from  approximately  $15,000 for the three  months
ended  March 31,  1996.  This  increase  reflects  the  acquisition  of 64.0% of
IMR-India  in the second  half of 1996 and the  IMR-U.K.  acquisition  effective
January 8, 1997.

      As a percentage of revenues,  income from  operations for the three months
ended March 31, 1997 decreased to 14.7% from 16.6% in the  comparable  period in
1996. As a percentage of revenues, 1.7% of this decrease was attributable to the
expanded goodwill amortization  described above.  Operating income for the first
quarter  of 1997  was  $2.1  million  compared  to  $1.0  million  in the  prior
comparable period, representing a 110.0% increase.

      The Company  realized  net other income of  approximately  $177,000 in the
first quarter of 1997 compared to net other expense of approximately  $78,000 in
the prior comparable period. Other expense in the first quarter of 1996 included
a loss related to the Company's equity  investment in IMR-U.K.  of approximately
$16,000 and interest expense of approximately $63,000.  During the first quarter
of 1997, the Company recognized approximately $244,000 in investment income from
the  investment of the remaining net proceeds from its initial  public  offering
and incurred  approximately  $67,000 of interest  expense  related  primarily to
credit facilities in India and the U.K. and shareholder notes payable.

      The  provision  for income taxes  increased to  approximately  $852,000 at
March 31, 1997 from  approximately  $75,000 at March 31, 1996.  This increase is
due to increased  earnings and the  Company's  termination  of its  Subchapter S
Corporation  tax status in  conjunction  with its  initial  public  offering  in
November  1996.  Prior to this  termination  the provision for income taxes only
reflected taxes related to IMR-India.

      The pro forma  effect as if the  Company  was a C  corporation  during the
first  quarter of 1996 is  provided.  Pro forma  total  income tax for the first
quarter of 1997 was approximately $852,000 compared to approximately $355,000 in
the first  quarter of 1996.  This  represents an effective tax rate of 37.2% and
38.1% for the periods ended March 31, 1997 and March 31, 1996, respectively. The
decrease  in the  effective  tax rate  reflects  a greater  portion  of  profits
generated by the operations in India which has favorable tax rates.








                                        9


<PAGE>



           INFORMATION MANAGEMENT RESOURCES, INC. AND SUBSIDIARIES

                    MANAGEMENT DISCUSSION AND ANALYSIS OF
                FINANCIAL CONDITION AND RESULTS OF OPERATIONS
                                 (CONTINUED)



FOR THE THREE MONTH PERIODS ENDED MARCH 31, 1997 AND 1996 (CONTINUED)

      Minority interest in net income decreased to approximately  $7,000 for the
three  months  ended  March 31,  1997 from  approximately  $154,000 in the prior
comparable period. This represents that portion of net income which is allocated
to  IMR-India  minority  shareholders.   This  decrease  was  a  result  of  the
acquisition of 64.0% of IMR-India by IMR-U.S. during late 1996.

      Net income for the first quarter of 1997 is approximately  $1.4 million or
$.10 per share  compared  to pro forma net income of  approximately  $423,000 or
$.04 per share in the prior comparable period.

      As of March 31, 1997,  the Company had a current ratio of 3.3 to 1, highly
liquid  assets (cash,  cash  equivalents  and  marketable  securities)  of $24.6
million  and  available  bank  lines of  credit  of $6.3  million.  The  Company
continuously  reviews its future cash requirements,  together with its available
bank lines of credit and internally  generated  funds.  The Company  believes it
will meet all working capital  obligations  and fund further  development of its
business for at least the next 12 months.




































                                      10


<PAGE>



           INFORMATION MANAGEMENT RESOURCES, INC. AND SUBSIDIARIES

                          Part II. Other Information





ITEM 1.  LEGAL PROCEEDINGS

         The Company is not a party to any pending material litigation.


ITEM 5.  OTHER INFORMATION

         None


ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

         1.     The  Registrant  filed a report on Form 8-K on January  10, 1997
                under Item 4 indicating a change in the certifying accountant of
                Information  Management  Resources (India) Ltd. a majority owned
                subsidiary of Information Management Resources Inc.

         2.     The  Registrant  filed a report on Form 8-K on January  27, 1997
                under Item 2  containing  information  related  to the  IMR-U.K.
                Acquisition.

         3.     The  Registrant  filed a report  on Form 8-K on March  14,  1997
                under Item 9 indicating  the issuance of common stock related to
                the acquisition of Link Group Holdings Limited.































                                       11


<PAGE>



                                   SIGNATURES





       Pursuant to the requirements of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.




                                       INFORMATION MANAGEMENT RESOURCES, INC.




Date     May 13, 1997                   /s/ Satish K. Sanan
     -------------------------------    ----------------------------------------
                                        Satish K. Sanan
                                        Chief Executive Officer



Date     May 13, 1997                   /s/ John R. Hindman
     -------------------------------    ----------------------------------------
                                        John R. Hindman
                                        Chief Financial Officer































                                       12


<PAGE>



             INFORMATION MANAGEMENT RESOURCES, INC. AND SUBSIDIARIES

                                  EXHIBIT INDEX





Exhibit
Number                       Description                           Page
------                       -----------                           ----


   11       Computation of earnings per common share for the
            three month periods ended March 31, 1997 and 1996.......14

   27       Financial Data Schedule.................................15










































                                      13