Financial Results For (2003 - 2004)

Unaudited Financial Results for the Quarter and Nine Months Period Ended 30st SEPTEMBER, 2003
(Rs. in Lakhs)
 

Particulars

 

Three Months Ended
30.09.2003
Corresponding Three Months Ended
30.09.2002
Six Months Ended
30.09.2003
Corresponding Six Months Ended
30.09.2002
Year Ended
31.03.2003
Audited
 
Sales
128.30
142.72
164.64
205.72
635.25
 
Other Income
2.61
1.40
4.59
2.40
13.85
  Increase/(Decrease) in Stock

0.79

(9.26)

6.07

30.41

(14.62)
  Total Revenue
131.70
134.86
175.30
238.53
634.48
 
Material Consumed
53.94
17.18
78.25
53.76
191.19
 
Manufacturing Expenses
17.80
17.32
26.51
28.40
35.49
 
Payment & Other benefits to Employees

22.94

28.27

46.09

67.94

99.17
  Administrative & Other Expenses

20.10

17.82

31.46

32.05

97.73
  Financial Expenses
16.37
13.89
28.43
28.34
55.88
 
Total Expenses
131.15
94.48
210.74
210.49
479.46
  Profit/(Loss) Before Tax
0.55
40.37
(35.44)
28.06
18.03
 

Paid-up Equity Share Capital (Face Value of Rs. 10/- each)



515.39


515.39


515.39


515.39


515.39
  Reserves Excluding Revaluation Reserves as on 31.03.2003 .


-


-


-


-


711.54
 

Aggregate of Non-Promoter Shareholding
      Number of Shares



33,96,809


33,91,899

 

-



-


33,91,899
 

      Percentage of Holding

65.91%
65.81%
-
-
65.81%
 
Notes:
Sales inclusive of Excise Duty of Rs.7,86,496/- and correspondingly forms part of the Manufacturing and Other Expenses.
Presently the Company is operating in only one segment Viz, Tele-Communication.
Previous period figures have been regrouped/recast to confirm to the current period presentation.
Depreciation and Deferred Revenue Expenditure will be provided at the year end.
During the Quarter 17 complaints were received from the investors and the same were resolved to the satisfaction of investors.
The above results were considered and taken on record at the Board Meeting held on 28th October,2003.

For Avantel Softech Limited
By order of the Board

Place: Hyderabad
Date : 28-10-2003

A.Venkateswara Rao
Chairman