Financial Results For (2006 - 2007)

Un Audited Financial Results for the Quater Ended 30th SEPTEMBER, 2006
(Rs. in Lakhs)
Sl.No.

Particulars

Three Months Ended
Six Months Ended
Year Ended
30.09.2006
30.09.2005
30.09.2006
30.09.2005
31.03.2006
(Un-Audited)
(Un-Audited)
(Un-Audited)
(Un-Audited)
(Audited)
1
Sales (Net)
194.22
68.82
457.34
105.56
1597.35
 - Domestic
194.22
53.64
457.34
90.38
1569.64
 - Export
-
15.18
-
15.18
27.71
2
Other Income
4.05
8.54
8.67
8.88
39.40
3
Total Expenditure
a) (Increase)/Decrease
    in Stock

(208.16)

(56.52)

(265.69)

(95.94)

(13.47)
b) Material Consumption
197.80
65.11
300.54
86.93
928.77
c) Staff Cost
67.94
31.51
134.31
65.18
204.98
d) Excise Duty
16.36
7.97
46.84
12.67
37.48
e) Manufacturing & Other     Expenditure

61.86

37.13

128.91

69.75

257.04
4
Profit Before Interest,
Depreciation and Taxes
(1+2+3)


62.47


(7.84)


121.10


(24.15)


221.95
5
Interest & Financial Charges

19.48

9.03

35.85

18.58

58.39
6
Depreciation
26.51
-
47.79
-
71.54
7
Profit before Tax (4-5-6)
16.48
(16.87)
37.46
(42.73)
92.02
8
Provision for Tax: -- Current
-
-
9.00
Earlier Year Tax /
Written Back

-

-



12.98
           -- Deferred
-
-
(12.93)
 
--Fringe Benefit Tax
-
-
(2.50)
9
Profit/(Loss) After Tax
16.48
(16.87)
37.46
(42.73)
80.47
 10

Paid-up Equity Share Capital


515.28

515.28

515.28

515.28

515.28
 11
Reserves (Excluding Revaluation Reserves)

-

-


-

540.93
12
EPS (Rs) Not Annualised
0.32
(0.34)
0.73
(0.85)
1.56
13

Aggregate of Non-Promoter Shareholding
      Number of Shares



3,531,182


3,496,782


3,531,182


3,496,782


3,518,882

Percentage of Shareholding

68.52%

67.85%

68.52%

67.85%

68.28%

 

Notes:
The above results have been reviewed by the Audit Committee, considered and approved by the Board of Directors at their meeting held on 27th October, 2006.
Figures for the three months ended 30th September, 2006 has been subjected to 'Limited Review' by the statutory auditors as per listing agreement.
Provision for taxation will be provided at the year end.
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.
Summary of Investor Complaints:
Opening : Nil, Received during the Quarter : 11, Resolved : 11, Closing : Nil


For Avantel Softech Limited
By order of the Board

Place : Hyderabad
Date : 27-10-2006

A.Venkateswara Rao
Chairman