Financial Results For (2011 - 2012)

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30^th SEPTEMBER, 2011


				(Rs. in Lakhs)
Sl No.	Particulars	For The Quarter Ended		For The Half Year Ended		Year Ended
		30.09.2010	30.09.2009	30.09.2010	30.09.2009	31.03.2011
		(Un-Audited)	(Un-Audited)	(Un-Audited)	(Un-Audited)	(Audited)
1	Net Sales/ Income from operations	536.42	345.44	993.15	614.75	2406.70
2	Expenditure
	a) (Increase)/ Decrease in Stock	-315.30	(110.45)	-266.76	(175.66)	(83.62)
	b) Materials and Services	257.75	119.75	339.94	201.13	825.37
	c) Excise Duty	7.66	18.65	37.12	28.50	180.58
	d) Employee Cost	94.24	81.22	180.39	156.65	341.43
	e) Depreciation	29.95	27.95	55.55	55.28	114.69
	f) Manufacturing Expenditure	34.49	27.01	59.92	46.63	167.01
	g) R & D Expense	99.74	99.08	185.49	176.91	291.36
	h) Other Expenditure	53.49	58.60	109.79	94.21	224.80
	i) Total	262.02	321.81	701.44	583.66	2061.62
3	Profit from Operations before Interest & Exceptional items (1-2)	274.40	23.63	291.71	31.09	345.09
4	Other Income	1.75	5.18	4.09	10.44	8.48
5	Profit before Interest & Exceptional items (3+4)	276.15	28.81	295.80	41.52	353.57
6	Interest	3.15	4.39	4.04	6.81	40.63
7	Profit after Interest but before Exceptional items (5-6)	273.00	24.42	291.76	34.71	312.94
8	Exceptional Items	0.00	-	0.00	-	-
9	Profit before Tax (7-8)	273.00	24.42	291.76	34.71	312.94
10	Tax Expense		-		-	62.40
11	Net profit from Ordinary activities after Tax (9-10)	273.00	24.42	291.76	34.71	250.54
12	Extraordinary items (Net of Tax Expenses)	0.00	-	0	-	4.94
13	Net Profit for the period (11-12)	273.00	24.42	293.73	34.71	245.60
14	Paid up equity share capital (Face Value: Rs. 10/-)	470.65	470.65	470.65	470.65	470.65
15	Reserves (Excluding Revaluation Reserves)	1343.27	972.71	1343.27	972.71	1101.28
16	Earnings Per Share (EPS)
	a. Basic and diluted EPS before Extra-Ordinary items	5.80	0.52	6.23	0.74	5.32
	b. Basic and diluted EPS After Extra-Ordinary items	5.80	0.52	6.23	0.74	5.32
17	Public Shareholding Number of Shares	3189661	3,231,995	3189661	3,231,995	3231995
	Percentage of Shareholding	67.77%	68.67%	67.77%	68.67%	68.67%
18	Promoters and promoter group shareholding
	a. Pledged/Encumbered
	- Number of Shares		-	-	-	-
	- Percentage of Shares		-	-	-
	b. Non-Encumbered
	- Number of Shares	1516812	1,474,478	1516812	1,474,478	1,474,478
	- Percentage of Shares as a percentage of total shareholding of Promoters and Promoter group	100.00%	100.00%	100.00%	100.00%	100.00%
	- Percentage of shares	32.23%	31.33%	32.23%	31.33%	31.33%

Notes:
The above results have been reviewed by the Audit Committee, considered and approved by the Board of Directors at their meeting held on 13th October, 2011.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 Complaints:

Opening : Nil, Received during the Quarter : 1, Resolved : 1, Closing : Nil.

For Avantel Limited
By order of the Board

Place : Hyderabad
Date : 31^st January, 2012

A. Vidya Sagar
Managing Director

STATEMENT OF ASSETS & LIABILITIES AS ON 30^th SEPTEMBER, 2011 ANNEXURE - IX


		(Rs. in Lakhs)
Particulars	Six months ended 30th September 2011	Six months ended 30th September 2010
SHAREHOLDERS FUNDS
(a) Capital	470.71	470.71
(b) Reserves & Surplus	1,549.83	1,142.60

Secured Loans	249.04	127.58
TOTAL	2,269.58	1,740.89
FIXED ASSETS	1,012.85	565.16
INVESTMENTS	-	-
CURRENT ASSETS, LOANS AND ADVANCES
(a) Inventories	711.51	601.41
(b) Sundry Debtors	615.78	415.03
(c) Cash and Bank Balances	44.89	33.96
(d) Loans and Advances	382.68	628.26
Less: Current Liabilities and Provisions
(a) Liabilities	300.97	314.85
(b) Provisions	197.17	188.10
MISCELLANEOUS EXPENDITURE (NOT WRITTEN OFF OR ADJUSTED)	-	-
PROFIT AND LOSS ACCOUNT	-	-
TOTAL	2,269.58	1,740.89

Place: Hyderabad Date: 13-10-2011	For Avantel Limited
	By order of the Board
	Sd/-
	*Dr A. VIDYASAGAR*
	MANAGING DIRECTOR

* Applicable in the case of consolidated results.

Notes : 1. The above results were reviewed and recommended by the Audit Committee and approved by the Board of Directtors of the Company at their meeting held on 30th April, 2012.
2.The Board of Direcrors has recommended Equity Dividend of 20% (Previous Year 15%) for the financial year 2011-2012.
3.Tax Expenses inculde Income Tax and Deferred Tax.
4.The Figures of the last quarter are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the current financial year.
5. Previous period figures have been regrouped/recast/ reclassified, wherever necessary.

For Avantel Limited
By order of the Board

Place : Hyderabad
Date : 31^st March, 2012

A. Vidya Sagar
Managing Director