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Financial Results
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Unaudited Financial Results
(Provisional) for the Quarter and Nine Months Period Ended
31st DECEMBER, 2003
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(Rs. in Lakhs) |
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Particulars |
Quarter Ended |
9 Months Ended |
Year Ended |
|
31.12.2003 |
31.12.2002 |
31.12.2003 |
31.12.2002 |
31.03.2003
Audited |
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Net Sales |
414.22 |
95.07 |
578.86 |
300.79 |
662.05 |
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Other Income |
0.51 |
4.08 |
5.10 |
6.51 |
13.85 |
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Increase/(Decrease) in Stock |
(24.94) |
27.88 |
(18.88) |
58.28 |
(14.63) |
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Total Income |
389.79 |
127.03 |
565.08 |
365.58 |
661.27 |
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Materials Consumption |
156.90 |
48.66 |
235.16 |
102.42 |
191.20 |
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Manufacturing & other Expenditure |
55.52
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15.20
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82.04
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43.60
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109.16
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Staff Cost |
23.46 |
24.02 |
69.55 |
91.96 |
99.17 |
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Administrative & other Exp. |
31.30 |
17.15 |
62.76 |
49.20 |
97.73 |
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Financial Expenses |
18.64 |
11.62 |
47.06 |
39.96 |
55.88 |
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Misc. Expenses Written off |
16.89 |
- |
16.88 |
- |
22.52 |
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Depreciation |
36.58 |
- |
36.58 |
- |
67.58 |
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Total Expenditure |
339.29 |
116.65 |
550.03 |
327.14 |
643.24 |
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Profit/(Loss) Before Tax |
50.50 |
10.38 |
15.05 |
38.44 |
18.03 |
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Paid-up Equity Share Capital |
515.28 |
515.28 |
515.28 |
515.28 |
515.28 |
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Reserves Excluding Revaluation Reserves |
387.96
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558.37
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387.96
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558.37
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536.61
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Aggregate of Non-Promoter Shareholding
Number of Shares |
34,13,109
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33,99,899
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34,13,109
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33,99,899
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33,91,899
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Percentage of Shareholding |
66.22% |
65.96% |
66.22% |
65.96% |
65.81% |
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EPS |
1.02 |
0.20 |
0.30 |
0.75 |
0.35 |
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Notes
- Depreciation has been provided for 9 months. Miscellaneous Expenses has been written off
proportionately.
- Presently the Company is operating in only one segment Viz, Tele-Communication.
- Previous period figures have been regrouped/ recast to confirm to the current period presentation.
- During the quarter 13 complaints were received from the investors and the same were resolved to the satisfaction of investors.
- The capaitalised Research & Development Expenditure and accumulated losses as on 31st March 2003 has been set off against share premium account as per order of the Hon'ble high Court, Andhra Pradesh.
- The above results were considered and taken on record at the Board Meeting held on 30th
January,2004.
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| Place: Hyderabad
Date: 30-01-2004
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for Avantel Softech
Limited
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Sd/- |
A.Venkateswara Rao |
Chairman |
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