Financial Results For (2008 - 2009)

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th SEPTEMBER, 2008
(Rs. in Lakhs)
Sl.No.

Particulars

Three Months Ended
Six Months Ended
Year Ended
30.09.2008
30.09.2007
30.09.2008
30.09.2007
31.03.2008
(Un-Audited)
(Un-Audited)
(Un-Audited)
(Un-Audited)
(Audited)
1
Net Sales/ Income from operations

714.53

1077.92

1279.53

1669.45

2676.59
2
Other Income
2.42
12.04
9.85
20.64
58.13
3
Total Income (1+2)
716.95
1089.96
1289.38
1690.09
2734.72
4
Expenditure          
a) (Increase)/ Decrease     in Stock

197.00

173.20

240.00

130.30

(108.25)
b) Consumption of Raw     materials

161.12

266.03

372.03

507.06

1009.35
c) Excise Duty
17.79
127.42
34.12
210.66
272.63
d) Employee Cost
70.70
73.42
133.46
139.81
298.92
  e) Depreciation
28.01
37.22
55.83
70.52
146.43
   f) Manufacturing     Expenditure

46.21

67.09

88.02

117.75

197.21
  g) R & D Expenditure
58.52
38.44
114.83
77.12
168.34
  h) Other Expenditure
38.05
35.82
60.52
57.49
146.19
  i) Total
617.40
818.64
1098.81
1310.71
2130.82
5 Interest
5.98
2.79
11.89
8.38
20.20
6 Exceptional Items
-
-
-
-
-
7
Profit from Ordinary Activities Before Tax (3)-(4+5+6)


93.57


268.53


178.68


371.00


583.70
8 Tax Expense (Deferred Tax)

(8.64)

89.54

(8.64)

89.54

216.14
9 Net Profit from Ordinary Activities after Tax (7-8)

102.21

178.99

187.32

281.46

367.56
10
Extraordinary Items
-
-
-
-
65.60
11 Net Profit for the period (9-10)

102.21

178.99

187.32

281.46

301.96
 12

Paid-up Equity Share Capital


515.27

515.27

515.27

515.27

515.27
 13
Reserves (Excluding Revaluation Reserves)        

868.06
14
Earning Per Share (EPS)
       
  Basic and diluted EPS before Extra-Ordinary items


1.98


3.47


3.64


5.46


7.13
  Basic and diluted EPS After Extra-Ordinary items


1.98


3.47


3.64


5.46


5.86
15

Public Shareholding
      Number of Shares


3,590,431

3,549,582

3,590,431

3,549,582

3,581,431

      Percentage of       Shareholding


69.68%


68.88%


69.68%


68.88%


69.50%

 

Notes:
The above results have been reviewed by the Audit Committee, considered and approved by the Board of Directors at their meeting held on 30th October, 2008.
Figures for the three months ended 30th September, 2008 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 if 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 Compliants:
Opening : Nil, Received during the Quarter : NIL, Resolved : NIL, Closing : Nil.


For Avantel Limited
By order of the Board

Place : Hyderabad
Date : 30-10-2008

A.Venkateswara Rao
Chairman