|
|
|
Financial Results
|
|
Un-Audited Financial Results
(Provisional) for the Quarter and for the year Ended
31st MARCH, 2003
|
 |
|
|
(Rs. in Lakhs) |
|
Particulars |
Quarter Ended
|
Year Ended |
| |
|
31.03.2003
Un-Audited |
31.03.2002
Un-Audited |
31.03.2003
Un-Audited |
31.03.2002
Audited |
| |
Net Sales |
361.26 |
193.51 |
662.05 |
771.80 |
| |
Other Income |
7.12 |
8.49 |
13.62 |
17.19 |
| |
Total Income |
368.38 |
202.00 |
675.67 |
788.99 |
| |
(a) (Increase)/Decrease in Stock |
72.91 |
53.68 |
14.63 |
116.51 |
| |
(b) Material Consumption |
88.78 |
90.17 |
191.20 |
323.52 |
| |
(c) Staff Cost |
8.39 |
65.56 |
100.34 |
162.05 |
| |
(d) Manufacturing & other Expenses |
65.32 |
38.15 |
108.92 |
135.36 |
| |
(e) Administrative & other Expenses |
48.69
|
46.27
|
97.89
|
118.25
|
| |
Total Expenditure |
284.09 |
293.83 |
512.98 |
855.69 |
| |
Profit Before Interest, Depn & Taxes |
84.29
|
(91.83)
|
162.69
|
(66.70)
|
| |
Financial Expenses |
15.92 |
16.38 |
55.87 |
76.94 |
| |
Misc. Expenses Written of |
22.52 |
28.19 |
22.52 |
28.19 |
| |
Depreciation |
67.56 |
54.53 |
67.56 |
54.53 |
| |
Profit/(Loss) Before Tax |
(21.71) |
(190.93) |
16.74 |
(226.36) |
| |
Provision for Deferred Tax Liability |
- |
- |
1.36 |
(53.03) |
| |
Profit/(Loss) After Tax |
(21.71) |
(190.93) |
15.38 |
(279.39) |
| |
Paid-up Equity Share Capital |
515.28 |
515.28 |
515.28 |
515.28 |
| |
Reserves |
-
|
- |
711.54 |
711.54 |
| |
EPS (Rs) not Annualised |
-
|
- |
- |
- |
| |
Aggregate of Non-Promoter Shareholding
Number of Shares |
-
|
-
|
33,91,899
|
33,99,899
|
| |
Percentage of Shareholding
|
-
|
- |
65.81% |
65.96% |
| |
|
|
Notes:
- Net Sales is inclusive of Excise
Duty of Rs.73,66,991/- and correspondingly forms part of the Manufacturing & Other Expenses.
- Technical Know how amounting to Rs.9,10,800 and forming part of the Fixed Assets as on 01.04.2002 has been written off.
- Debtors amounting to Rs.23,22,851/- has been written off as Bad Debts.
- Previous period figures have been regrouped/recast
to confirm to the current period presentation.
- The above results were considered and taken on record at the Board meeting held on 29th April 2003.
Segment-wise Revenue, Results and Capital Employed under clause 41 of the listing
agreement
|
|
|
|
|
|
(Rs. in Lakhs) |
| |
Sl.No. |
Particulars |
Quarter
Ended
31.03.2003 |
Nine Months
Ended
31.03.2003 |
Year Ended
31.03.2002
Audited |
| |
1. |
Segment Revenue : |
|
|
|
| |
|
* Telecom Products |
354.02 |
635.22 |
768.88 |
| |
|
* Software |
7.24 |
26.83 |
2.92 |
| |
|
Total |
361.26 |
662.05 |
771.80 |
| |
|
Less : Inter-segment revenue |
- |
- |
- |
| |
|
Net Sales/Income from Operations |
361.26 |
662.05 |
771.80 |
| |
2. |
Segment Results :
(Profit(+)/Loss(-) before tax and interest |
|
|
|
| |
| |
|
* Telecom Products |
(8.28) |
65.46
|
(86.88) |
| |
|
* Software |
2.49 |
7.16 |
(59.37) |
| |
|
Total |
(5.79) |
72.62 |
(146.25) |
| |
|
Less : i) Interest |
15.92 |
55.88 |
76.94 |
| |
|
ii) Other un-allocable expenditure net off un-allocable Income |
-
|
-
|
76.94 |
| |
|
Total Profit/(Loss) Before Tax |
(21.71) |
16.74 |
(226.35) |
| |
3. |
Capital Employed |
|
|
|
| |
|
(Segment Assets - Segment Liabilities) |
|
|
|
| |
|
* Telecom Products |
946.28 |
946.28 |
843.46 |
| |
|
* Software |
137.10 |
137.10 |
145.26 |
| |
|
Total |
1083.38 |
1083.38 |
988.72 |
| |
|
|
| Place: Hyderabad
Date: 29-04-2003
|
for Avantel Softech
Limited
|
Sd/- |
A.Venkateswara Rao |
Chairman |
|
| |
|
31-03-2003
