Financial Results For (2009 - 2010)

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th SEPTEMBER, 2009
(Rs. in Lakhs)
Sl. No.

Particulars

Three Months Ended
Six Months Ended
Year Ended
30.09.2009
30.09.2008
30.09.2009
30.09.2008
31.03.2009
(Un-Audited)
(Un-Audited)
(Un-Audited)
(Un-Audited)
Audited)
1
Net Sales/ Income from operations

376.56

714.53

784.65

1,279.53

2,727.99
2
Expenditure          
a) (Increase)/ Decrease     in Stock

(59.80)

197.00

(97.03)

240.00

106.48
b) Materials and Services
180.31
161.12
339.19
372.03
1,61.61
c) Excise Duty
26.39
17.79
37.25
34.12
153.45
d) Employee Cost
76.88
70.70
158.43
133.46
269.44
  e) Depreciation
29.07
28.01
60.02
55.83
133.71
   f) Manufacturing     Expenditure

38.66

46.21

82.60

88.02

192.32
  g) R & D Expenditure
69.67
58.52
127.28
114.83
240.79
  h) Other Expenditure
37.74
38.05
74.57
60.52
160.56
  i) Total
398.92
617.40
782.32
1,098.81
2,398.36
3 Profit from Operations before Interest & Exceptional items (1-2)


(22.36)


97.13


2.33


180.72


329.63
4 Other Income
1.99
2.41
7.78
9.85
32.27
5
Profit before Interest & Exceptional items (3+4)

(20.36)

99.55

10.11

190.58

361.90
6 Interest
6.82
5.98
10.42
11.89
21.06
7 Profit after Interest but before Exceptional items   (5-6)


(27.19)


93.57


(0.31)


178.68


340.84
8 Exceptional Items
-
-
-
-
-
9 Profit before Tax (7-8)
(27.19)
93.57
(0.31)
178.68
340.84
10 Tax Expense
-
-
-
(8.64)
87.59
11 Net profit from Ordinary activities after Tax (9-10)

(27.19)

93.57

(0.31)

187.32

253.25
12 Extraordinary items (Net of Tax Expenses)

-

-

-

-

8.59
13 Net Profit for the period  (11-12)

(27.19)

93.57

(0.31)

187.32

244.67
14 Paid up equity share capital (Face Value: Rs. 10/-)


470.65


515.27


470.65


515.27


515.27
15 Reserves (Excluding Revaluation Reserves)

869.08

957.13

869.08

957.13

1,043.65
16
Earning Per Share (EPS)
       
    a. Basic and diluted EPS       before Extra-Ordinary       items


(0.58)


1.98


(0.01)


3.64


4.75
    b. Basic and diluted EPS       After Extra-Ordinary       items


(0.58)


1.98


(0.01)


3.64


4.75
17

Public Shareholding
      Number of Shares


31,40,588

35,90,431

31,40,588

35,90,431

35,87.431
 

      Percentage of       Shareholding


66.73


69.68


66.73


69.68


69.62

18 Promoters and promoter group shareholding          
    a. Pledged/Encumbered          
      - Number of Shares
-
-
-
-
-
      - Percentage of       Shares

-

-

-

-

-
    b. Non-Encumbered          
      - Number of Shares
15,65,885
15,62,285
15,65,885
15,62,285
15,65,285
      - Percentage of Shares       as a percentage of total       shareholding of       Promoters and Promoter       group



33.27



30.31



33.27



30.31



30.38
    - Percentage of shares          
 

Notes:
The above results have been reviewed by the Audit Committee, considered and approved by the Board of Directors at their meeting held.
The Auditors of the company have carried out "Limited Review" of the above financial results.
Presently the Company is Operating in only one segment Viz, Electronics & Communication.
Previous period figures have been regrouped/recast to conform to the current period presentation.
Summary of Investor Compliants:
Opening : Nil, Received during the Quarter : 1, Resolved : 1, Closing : Nil.


For Avantel Limited
By order of the Board

Place : Hyderabad
Date : 30-10-2009

A.Venkateswara Rao
Chairman