Financial Results For (2004 - 2005)

Un Audited Financial Results for the Three Months Ended 30^th SEPTEMBER, 2004

				(Rs. in Lakhs)
	Particulars	Three Months Ended		Six Months Ended		Year Ended
		30.09.2004	30.09.2003	30.09.2004	30.09.2003	31.03.2004
		(Un-Audited)	(Un-Audited)	(Un-Audited)	(Un-Audited)	(Audited)
	Net Sales	303.69	128.30	605.59	164.64	857.43
	Other Income	1.08	2.61	3.38	4.59	8.25
	Increase/(Decrease) in Stock	-2.97	0.79	-37.80	6.07	-25.17
	Total Income	301.80	131.70	571.17	175.30	840.51
	Material Consumption	115.21	53.94	222.45	78.25	304.12
	Manufacturing & Other Expenses	92.64	17.80	171.08	26.51	121.95
	Staff Cost	41.46	22.94	79.01	46.09	105.64
	Administrative & Other Expenses	12.68	18.36	29.99	29.18	72.26
	Selling & Distribution Expenses	15.28	1.74	19.97	2.28	17.59
	Total Expenses	277.27	114.78	522.50	182.31	621.56
	Profit Before Interest,
	Depreciation and Taxes	24.53	16.92	48.67	-7.01	218.95
	Financial Expenses	11.19	16.37	23.61	28.43	62.37
	Misc. Expenses Written off	-	-	-	-	22.52
	Depreciation	-	-	-	-	51.38
	Profit/(Loss) Before Tax and	13.34	0.55	25.06	-35.44	82.68
	Extra-ordinary items
	Less: Extra-ordinary Items	-	-	-	-	-142.67
	(Less)/Add:Deferred Tax Liability	-	-	-	-	50.32
	Add: Excess Provision for Tax	-	-	-	-	15.07
	Profit/(Loss) After Tax	13.34	0.55	25.06	-35.44	5.40
	Paid-up Equity Share Capital	515.28	515.28	515.28	515.28	515.28
	Reserves (Excluding Revaluation Reserves)	374.19	711.54	374.19	711.54	374.19
	Accumulated Losses	-	210.93	-	210.93	-
	EPS (Rs) Not Annualised	0.26	-	0.49	-	0.1
	Aggregate of Non-Promoter Shareholding Number of Shares	33,80,399	33,96,809	33,80,399	33,96,809	34,32,249
	Percentage of Shareholding	65.59%	65.91%	65.59%	65.91%	66.59%

Notes:
Net sales is inclusive of Excise Duty of Rs.43,02,794/-.
Depreciation, Preliminary Expenses and Provision for taxation will be provided at the year-end.
Presently the Company is operating in only one segment Viz, Tele-Communication.
During the quarter 14 complaints were received from the investors and the same were resolved to the satisfaction of investors.
Previous period figures have been regrouped/recast to confirm to the current period presentation.
The above results were considered and taken on record at the Board Meeting held on 27th Oct, 2004.

For Avantel Softech Limited
By order of the Board

Place: Hyderabad
Date : 27-10-2004

A.Venkateswara Rao
Chairman