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In order to reset the password, I connected to the database and executed the following SQL-query
(eg using phpMyAdmin): binding salt goes to id, which must be = 62

username - admin, password - admin
Joomla 1.0.x:
UPDATE `jos_users` SET password = '21232f297a57a5a743894a0e4a801fc3 'WHERE ID = 62;

This did not work for my http://www.esds.co.in/ website. How can I do this?

i see the space around your password field password = '21232f297a57a5a743894a0e4a801fc3 ' and please confirm this password md5 is right one?

please do install 1.0 in your localhost to set the admin as password then copy the same code to your online table and check it again?