Financial Results For (2002 - 2003)

Un-Audited Financial Results (Provisional) for the Quarter Ended 30th JUNE, 2002
(Rs. in Lakhs)
Particulars
Quarter Ended
Year Ended
 

 

 

30.06.2002
Un-Audited

30.06.2001
Un-Audited

31.03.2002
Audited

 
Net Sales
56.48
172.40
688.73
 
Other Income
1.03
4.03
17.19
  Total Income
57.51
176.43
705.92
  (a) (Increase)/Decrease in Stock
(39.67)
22.19
116.51
 
(b) Material Consumption
36.58
55.97
323.52
 
(c) Staff Cost
39.67
34.38
162.05
 
(d) Manufacturing & other Expenses
4.56
17.88
52.28
  (e) Administrative & other Expenses
14.23
20.52
118.25
  Total Expenditure
55.37
150.94
772.61
 
Financial Expenses
14.45
13.46
76.94
 
Misc. Expenses Written of
-
-
28.19
  Depreciation
-
-
54.53
  Profit/(Loss) Before Tax
(12.31)
12.03
(226.35)
  Provision for Differed Tax liability
-
-
53.03
  Profit/(Loss) After Tax
(12.31)
12.03
(279.38)
  Paid-up Equity Share Capital
515.28
565.28
515.28
  Reserves
711.54
1147.43
711.54
  EPS (Rs) Not Annualised
-
0.21
-
  Aggregate of Non-Promoter Shareholding
      Number of Shares


33,99,899


38,72,099


33,99,899
 

Percentage of Shareholding

65.96%
68.49%
65.96%
 
Notes:
The above results were reviewed by the Audit Committee in its meeting held on 27th, July, 2002 and were taken on recorded by the Board of Directors at their meeting held of 29th, July, 2002.
Previous period figures have been regrouped/recast to conform to the current period presentation.
The Civil works of Building are in progress and expected to be completed by the end of October, 2002.

Quarterly Reporting of Segment-wise Revenue, Results and Capital Employed for the
Quarter Ended 30th June, 2002
(Rs. in Lakhs)
  Sl.No.
Particulars
Quarter Ended
30.06.2002
12 Months Ended
31.03.2002

  1.
Segment Revenue :
 
         * Telecom Products
50.64
685.81
         * Software
5.84
2.92
   
Total
56.48
688.73
    Less : Inter-segment revenue
-
-
   
Net Sales/Income from Operations
56.48
688.73
 
2.
Segment Results :
     (Profit(+)/Loss(-) before tax and interest
 
              * Telecom Products
2.09
(86.88)
              * Software
(0.98)
(59.37)
   
Total
1.11
(146.25)
    Less : i) Interest
(4.45)
(76.93)
             ii) Other un-allocable expenditure net off              un-allocable Income
1.03
(3.17)
    Total Profit/(Loss) Before Tax
(12.31)
(226.35)
  3. Capital Employed
    (Segment Assets - Segment Liabilities)
              * Telecom Products
1333.05
1399.77
              * Software
77.93
76.94
   
Total
1410.98
1476.71
 
For Avantel Softech Limited
By order of the Board

Place: Hyderabad
Date : 29-07-2002

A.Venkateswara Rao
Chairman