Financial Results For (2011 - 2012)

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 th JUNE, 2011
Sl No.

Particulars

Three Months ended
Year Ended
30.06.2011 30.06.2010 31.03.2011
(Un-audited) (Un-audited) (Audited)
1 Net Sales/ Income from operations 456.72 269.31 2406.70
2 Expenditure
a) (Increase)/Decrease in Stock 45.83 (65.21) (83.62)
b) Materials Consumed 81.78 81.39 825.37
c) Excise Duty 29.46 9.85 180.58
d) Employee Cost 86.05 75.43 341.43
e) Depreciation 25.56 27.32 114.69
f) Manufacturing Expenditure 30.89 19.63 167.01
g) R&D Expenses 85.81 77.83 291.36
h) Other Expenditure 50.59 35.61 224.80
i) Total 435.98 261.85 2061.62
3 Profit from Operations before Interest & Exceptional items (1-2) 20.74 7.46 345.09
4 Other Income 3.35 5.26 8.48
5 Profit before Interest & Exceptional items (3+4) 24.09 12.71 353.57
6 Interest 3.36 2.42 40.63
7 Profit after Interest but before Exceptional items (5-6) 20.73 10.29 312.94
8 Exceptional Items - - -
9 Profit before Tax (7-8) 20.73 10.29 312.94
10 Tax Expense - - 62.40
11 Net profit from Ordinary activities after Tax (9-10) 20.73 10.29 250.54
12 Extra-ordinary items (Net of Tax Expenses) - - 4.94
13 Net Profit for the period (11-12) 20.73 10.29 245.60
14 Paid up equity share capital ( Value: Rs. 10/-) 470.65 470.65 470.65
15 Reserves (Excluding Revaluation Reserves) 1123.58 1003.35 1101.28
16 Earnings Per Share (EPS)
a. Basic and diluted EPS before Extra-Ordinary items 0.44 0.21 5.32
b. Basic and diluted EPS After Extra-Ordinary items 0.44 0.21 5.32
17 Public Shareholding
Number of Shares 3189661 3273054 3231995
Percentage of Shareholding 67.77% 68.09% 68.67%
18 Promoters and promoter group shareholding
a. Pledged/Encumbered
- Number of Shares - - -
- Percentage of Shares - - -
b. Non-Encumbered
- Number of Shares 1516812 1501634 1474478
- Percentage of Shares as a percentage of total
shareholding of Promoters and Promoter group 100.00% 100.00% 100.00%
-Percentage of shares 32.23% 31.91% 31.33%

* Applicable in the case of consolidated results.

Notes : 1. The above results have been reviewed by the Audit Committee, considered and approved by the Board of Directors at their meeting held on 29th July, 2011.
2. The Auditors of the company have carried out "Limited Review" of the above financial results.
3. Presently the Company is Operating in only one Segment Viz, Electronics & Communication.
4. Previous period figures have been regrouped/recast to conform to the current period presentation.
5. Summary of Investor Complaints:
Opening : Nil, Received during the Quarter : 1, Resolved : 1, Closing : Nil.


For Avantel Limited
By order of the Board


Place : Hyderabad
Date : 29 th July, 2011


A. Vidya Sagar
Managing Director