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Financial Results
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Un-Audited Financial Results
for the Quarter Ended 30th JUNE, 2003
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(Rs. in Lakhs) |
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Particulars |
Quarter Ended |
Quarter Ended |
Year Ended |
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30.06.2003
Un-Audited |
30.06.2002
Un-Audited |
31.03.2003
Audited |
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Net Sales |
36.34 |
|
63.00 |
|
662.05 |
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Other Income |
1.98 |
|
1.03 |
|
13.85 |
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Increase/(Decrease in Stock) |
5.28 |
|
39.67 |
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(14.63) |
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Total Revenue |
43.60 |
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103.70 |
|
661.27 |
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(a) Material Consumption |
24.31 |
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36.58 |
|
191.20 |
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(b) Staff Cost |
23.16 |
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39.67 |
|
99.17 |
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(c) Manufacturing & other Expenses
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8.71 |
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11.08 |
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109.16 |
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(d) Administrative & other Expenses |
11.36 |
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14.23 |
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97.73 |
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Total Expenditure |
67.54 |
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101.56 |
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497.26 |
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Profit Before Interest, Depn & Taxes |
(23.94) |
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2.14 |
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164.01 |
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Financial Expenses |
12.06 |
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14.45 |
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55.87 |
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Misc. Expenses Written of |
- |
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- |
|
22.52 |
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Depreciation |
- |
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- |
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67.58 |
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Profit/(Loss) Before Tax |
(36.00) |
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(12.31) |
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18.04 |
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Provision for Deferred Tax Liability |
- |
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- |
|
1.36 |
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Profit/(Loss) After Tax |
(36.00) |
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(12.31) |
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16.68 |
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Paid-up Equity Share Capital |
515.28 |
|
515.28 |
|
515.28 |
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Reserves (Share Premium) |
711.54 |
|
711.54 |
|
711.54 |
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Accumulated Losses |
(210.93) |
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(203.92) |
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(174.93) |
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EPS (Rs) not Annualised |
(0.70) |
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(0.24) |
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0.32 |
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Aggregate of Non-Promoter Shareholding
Number of Shares |
33,91,899
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33,99,899
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33,91,899
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Percentage of Shareholding
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65.81% |
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65.97% |
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65.81% |
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Notes:
- Sales inclusive of Excise Duty of Rs.2,25,510/-and correspondingly forms part of the Manufacturing & Other Expenses.
- Previous period figures have been regrouped/recast to confirm to the current period presentation.
- Research & Development expenditure amounting to Rs 2,58,19,425 which is to be amortised as per accounting standard 26 - "Intangible Assets" will be provided at the
year-end.
- Depreciation and Deferred Revenue Expenditure will be provided at the year-end.
- During the Quarter 21 Complaints were received form investors and same were resolved to the satisfaction of investors.
- The above results were considered and taken on record at the Board Meeting held on 29th July, 2003.
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| Place: Hyderabad
Date: 29-06-2003
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for Avantel Softech
Limited
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Sd/- |
A.Venkateswara Rao |
Chairman |
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