Financial Results For (2007 - 2008)

Un-Audited Financial Results for the Quarter Ended 30th JUNE, 2007
(Rs. in Lakhs)
Sl.No.
Particulars
Quarter Ended
Year Ended
 

 

 

30.06.2007
(Un-Audited)
30.06.2006
(Un-Audited)
31.03.2007
(Audited)
1
Sales (Net)
591.53
263.11
2604.41
 
- Domestic
591.53
263.11
2604.41
2
Other Income
8.60
4.61
21.78
3
Total Expenditure
     
  a) (Increase)/Decrease in Stock
(42.90)
(57.54)
79.67
 
b) Material Consumption
241.03
102.74
1047.56
 
c) Staff Cost
100.35
66.36
298.95
  d) Excise Duty
83.24
30.48
347.31
  e) Manufacturing & Other Expenditure
77.05
67.25
340.49
4 Profit before Interest, Depreciation and Taxes (1+2-3)

141.36

58.43

512.21
5
Interest & Financial Charges
5.59
16.36
78.53
6 Depreciation
33.29
21.29
109.75
7 Profit before Tax (4-5-6)
102.48
20.78
323.93
8 Provision for Tax: -- Current
-
-
(75.00)
              -- Deferred
-
-
(32.40)
              -- Fringe Benefit Tax
-
-
(2.75)
9 Profit/(Loss) After Tax
102.48
20.78
213.78
10 Paid-up Equity Share Capital
515.28
515.28
515.28
11 Reserves (Excluding Revaluation Reserves)

-

-

658.61
12 EPS (Rs) Not Annualised
1.99
0.40
4.15
13 Aggregate of Non-Promoter Shareholding
      Number of Shares

3,533,182

3,516,282

3,533,182
 

      Percentage of Shareholding

68.57%
68.23%
68.57%
 

Notes:
The above results have been reviewed by the Audit Committee, considered and approved by the Board of Directors at their meeting held on 27th July 2007.
Figures for the three months ended 30th June, 2007 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.
The Board of Directors recommended final dividend 10% (Re. 1/- per share) for the year 2006-2007.
Annual General Meeting will be held on 7th September, 2007 at the registered office of the company.
Previous period figures have been regrouped/recast to conform to the current period presentation.
Summary of Investor Complaints
Opening : Nil, Received during the Quarter : 9, Resolved : 9, Closing : Nil


For Avantel Softech Limited
By order of the Board

Place : Hyderabad
Date : 27-07-2007

A.Venkateswara Rao
Chairman