Financial Results For (2008 - 2009)

Un-Audited Financial Results for the Quarter Ended 30th JUNE, 2008
(Rs. in Lakhs)
Sl.No.
Particulars
Quarter Ended
Year Ended
 

 

 

30.06.2008
(Un-Audited)
30.06.2007
(Un-Audited)
31.03.2008
(Audited)
1
Net Sales / Income from operations
565.00
591.53
2676.59
2
Other Income
11.64
8.60
58.13
3 Total Income (1+2)
576.64
600.13
2734.72
4
Total Expenditure
     
  a) (Increase)/Decrease in Stock
(43.00)
(42.90)
(108.25)
 
b) Consumption of Raw Material
210.91
241.03
1009.35
  c) Excise Duty
16.32
83.24
272.63
  d) Employee Cost
62.76
66.39
298.92
  e) Depreciation
27.82
33.29
146.43
  f) Manufacturing Expenditure
98.13
89.34
365.55
  g) Other Expenditure
22.47
21.67
146.19
  h) Total
481.41
492.06
2130.82
5 Interest & Financial Charges
5.91
5.59
20.20
6 Exceptional Items
-
-
-
7 Profit from Ordinary Activities before tax (3) - (4+5+6)

89.32

102.48

583.70
8
Tax Expenses
-
-
216.14
9 Net Profit from Ordinary Activities After tax (7-8)

89.32

102.48

367.56
10 Extraordinary items
-
-
65.60
11 Net Profit for the period (9-10)
89.32
102.48
301.96
12 Paid up Equity Share Capital
515.28
515.28
515.28
13 Reserves (Excluding Revaluation Reserves)

-

-

868.06
14 Earning Per Share (EPS)      
  Basic and diluted EPS before Extra-Ordinary items

1.73

1.99

7.13
  Basic and diluted EPS After Extra-Ordinary items

1.73

1.99

5.86
15 Aggregate of Non-Promoter Shareholding
      Number of Shares


3,590,431


3,533,182


3,581,431
 

      Percentage of Shareholding

69.68%
68.57%
69.50%
 

Notes:
The above results have been reviewed by the Audit Committee, considered and approved by the Board of Directors at their meeting held on 30th July 2008.
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 15% (Re. 1.50/- per share) for the year 2007-2008.
Annual General Meeting will be held on 17th September, 2008 at the registered office of the company.
Previous period figures have been regrouped/recast to confirm to the current period presentation.
The Register of members & Share transfer books will remain closed from 10th September 2008 to 17th September 2008.
Summary of Investor Compliants:
Opening : Nil, Received during the Quarter : 1, Resolved : 1, Closing : Nil


For Avantel Softech Limited
By order of the Board

Place : Hyderabad
Date : 30-07-2008

A.Venkateswara Rao
Chairman