Financial Results For (2006 - 2007)

Un-Audited Financial Results for the Quarter Ended 30th JUNE, 2006
(Rs. in Lakhs)
Sl.No.
Particulars
Quarter Ended
Year Ended
 

 

 

30.06.2006
(Un-Audited)
30.06.2005
(Un-Audited)
31.03.2006
(Audited)
1
Sales (Net)
263.11
36.74
1597.35
 
- Domestic
263.11
36.74
1569.64
 
- Export
-
-
27.71
2
Other Income
4.61
0.34
39.40
3
Total Expenditure
     
  a) (Increase)/Decrease in Stock
(57.54)
(39.41)
(13.47)
 
b) Material Consumption
102.74
21.82
928.77
 
c) Staff Cost
74.03
38.76
227.87
  d) Excise Duty
30.48
4.70
37.48
  e) Manufacturing & Other Expenditure
59.59
27.51
234.15
4 Profit before Interest, Depreciation and Taxes (1+2-3)

58.42

(16.30)

221.95
5
Interest & Financial Charges
16.36
9.56
58.39
6 Depreciation
21.28
-
71.54
7 Profit before Tax (4-5-6)
20.78
(25.86)
92.02
8 Provision for Tax: -- Current
-
-
9.00
     Earlier Year Tax/ Written Back
-
-
12.98
              -- Deferred
-
-
(12.93)
              -- Fringe Benefit Tax
-
-
(2.50)
9 Profit/(Loss) After Tax
20.78
(25.86)
80.47
10 Paid-up Equity Share Capital
515.28
515.28
515.28
11 Reserves (Excluding Revaluation Reserves)

-

-

540.93
12 EPS (Rs) Not Annualised
0.40
(0.50)
1.56
13
Aggregate of Non-Promoter Shareholding
      Number of Shares


3,516,282


3,481,312


3,518,882
 

      Percentage of Shareholding

68.23%
67.55%
68.28%
 

Notes:
The above results have been reviewed by the Audit Committee, considered and approved by the Board of Directors at their meeting held on 28th July 2006.
Figures for the three months ended 30th June, 2006 has been subjected to 'Limited Review' by the statutory auditors as per listing agreement.
Provision for taxation will be provided at the year end.
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.
Summary of Investor Complaints:
Opening : Nil, Received during the Quarter : 10, Resolved : 10, Closing : Nil


For Avantel Softech Limited
By order of the Board

Place: Hyderabad
Date : 29-07-2006

A.Venkateswara Rao
Chairman