Financial Results For (2010 - 2011)

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30st JUNE, 2010
(Rs. in Lakhs)
Sl No.
Particulars
Three Months Ended
Year Ended
 

 

 

30.06.2010
(Un-Audited)
30.06.2009
(Un-Audited)
31.03.2010
(Audited)
1
Net Sales / Income from operations
269.31
408.09
2269.05
2
Expenditure
     
  a) (Increase)/Decrease in Stock
(65.21)
(37.23)
9.66
 
b) Materials and Services
81.39
158.88
948.28
  c) Excise Duty
9.85
10.87
114.65
  d) Employee Cost
75.43
81.55
311.71
  e) Depreciation
27.32
30.95
123.35
  f)  Manufacturing Expenditure
19.63
43.94
161.54
  g) R&D Expenses
77.83
57.61
299.68
  h)  Other Expenditure
35.61
36.83
166.54
  i) Total
261.85
383.40
2135.70
3 Profit from Operations before Interest & Exceptional items (1-2)

7.46

24.69

133.35
4
Other Income
5.26
5.79
11.88
5
Profit before Interest & Exceptional items (3+4)

12.71

30.48

145.22
6
Interest
2.42
3.60
28.64
7
Profit after Interest but before Exceptional items (5-6)

10.29

26.88

116.98
8
Exceptional Items
-
-
-
9 Profit before Tax (7-8)
10.29
26.88
116.98
10 Tax Expense
-
-
10.55
11 Net profit from Ordinary activities after Tax (9-10)

10.29

26.88

106.43
12 Extra-ordinary items (Net of Tax Expenses)

-

-

(16.99)
13 Net Profit for the period (11-12)
10.29
26.88
123.43
14 Paid up equity share capital (Face Value: Rs. 10/-)

470.65

483.89

470.65
15 Reserves (Excluding Revaluation Reserves)
948.29
1016.34
938.00
16 Earnings Per Share (EPS)      
      a. Basic and diluted EPS before         Extra-Ordinary items

0.22

0.56

2.26
      b. Basic and diluted EPS After         Extra-Ordinary items

0.22

0.56

2.26
17 Public Shareholding      
      Number of Shares
32,04,839
32,73,054
31,72,589
      Percentage of Shareholding
68.09%
67.64%
67.41%
18 Promoters and promoter group shareholding      
     a. Pledged/Encumbered      
         - Number of Shares
-
-
-
         - Percentage of Shares
-
-
-
     b. Non-Encumbered      
         - Number of Shares
15,01,634
15,65,885
15,33,884
         - Percentage of Shares as a        percentage of total shareholding        of Promoters and Promoter group

100.00%

100.00%

100.00%
  -Percentage of shares
31.91%
32.36%
32.59%
 

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, 2010.
The Auditors of the company have carried out "Limited Review" of the above financial results.
Presently the Company is Operating in only one segment Viz, Electronics & Communication.
Previous period figures have been regrouped/recast to conform to the current period presentation.
Summary of Investor Compliants:
Opening : Nil, Received during the Quarter : 1, Resolved : 1, Closing : Nil


For Avantel Limited
By order of the Board

Place : Hyderabad
Date : 30-07-2010

A.Venkateswara Rao
Chairman