Financial Results For (2012 - 2013)

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 30TH JUNE, 2012
(in Rs.Lakhs)
S.No Particulars Quarter ended June 30, Quarter ended March 31, Quarter ended June, 30, Year ended March 31,
2012 2012 2011 2012
(Un Audited) ( Audited) ( Un Audited) (Audited)
1 . Income from operations
(a) Net sales/income from operations 452.49 349.57 427.26 2601.38
(Net of excise duty)
(b) Other operating income 0.00 0.00 0.00 0.00
Total income from operations (net) 452.49 349.57 427.26 2601.38
2. Expenses
(a) Cost of materials consumed 221.08 172.12 81.78 651.90
(b) Purchases of stock-in-trade 0.00 0.00 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (270.96) (133.06) 45.83 (49.14)
(d) Employee benefits expense 103.89 113.09 86.05 390.30
(e) Manufacturing Expenses 32.52 44.26 30.89 144.11
(f) Research and Development Expenses 112.42 148.99 85.81 492.31
(g) Administration Expenses 37.01 90.84 33.69 210.62
(h) Selling and Distribution Expenses 15.66 38.77 16.47 132.44
(j) Depreciation and amortisation expense 31.91 31.59 25.56 119.33
( k) Other Expenses 0.15 0.00 0.44 2.05
Total expenses 283.71 506.60 406.52 2093.92
3. Profit / (Loss) from operations before other income, finance costs and exceptional items (1-2) 168.78 (157.03) 20.74 507.46
4 . Other income 2.71 3.09 3.35 6.64
5. Profit / (Loss) from ordinary activitiesbefore finance costs and exceptional items (3+4) 171.49 (153.94) 24.09 514.10
6. Finance costs 23.65 17.13 3.36 49.06
7. Profit / (Loss) from ordinary activities afterfinance costs but before exceptional items (5-6) 147.84 (171.07) 20.73 465.04
8. Exceptional items 0 0 0 0
9. Profit / (Loss) from ordinary activities before tax (7-8) 147.84 (171.07) 20.73 465.04
10. Tax expense 29.58 0 0 75.81
11. Net Profit / (Loss) from ordinary activities after tax (9-10) 118.26 (171.07) 20.73 389.23
12 Extraordinary items 0 0 0 0
13. Net Profit / (Loss) for the period (11 + 12) 118.26 (171.07) 20.73 389.23
14. Share of profit / (loss) of associates* 0 0 0 0
15. Minority interest * 0 0 0 0
16. Net Profit / (Loss) after taxes, minority interest and share of profit / (loss) ofassociates (13 + 14 + 15) * 118.26 (171.07) 20.73 389.23
17. Paid-up equity share capital 448.36 448.36459.60 470.65 448.36
(Face Value of the Share shall be indicated)
( Rs 10/- each fully paid up)
18. Reserve excluding Revaluation Reserves as 1383.72 1265.46 1123.58 1265.46
per balance sheet of previous accounting year
19. i) Earnings per share (before extraordinary items)
(a) Basic 2.61 0 0.44 8.68
(b) Diluted 2.61 0 0.44 8.68
ii) Earnings per share (after extraordinary items)
(a) Basic 2.64 0 0.44 8.68
(b) Diluted 2.64 0 0.44 8.68

* Applicable in the case of consolidated results.

Notes : 1. The above results were reviewed and recommended by the Audit Committee and approved by the Board of Directtors of the Company at their meeting held on 30th April, 2012.
2.The Board of Direcrors has recommended Equity Dividend of 20% (Previous Year 15%) for the financial year 2011-2012.
3.Tax Expenses inculde Income Tax and Deferred Tax.
4.The Figures of the last quarter are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the current financial year.
5. Previous period figures have been regrouped/recast/ reclassified, wherever necessary.


For Avantel Limited
By order of the Board


Place : Hyderabad
Date : 30.07.2012


A. Vidya Sagar
Managing Director