Financial Results For (2012 - 2013)

UN-AUDITED RESULTS FOR THE QUARTER ENDED 30^TH SEPTEMBER 2012
(in Rs.Lakhs)
S.No	Particulars	Quarter ended				Half year ended	Year ended
		30.09.2012	30.06.2012	30.09.2011	30.09.2012	30.09.2011	31.03.2012
		(Un Audited)	(Un Audited)	(Un Audited)	(Un Audited)	( Un Audited)	(Audited)
1 .	Income from operations
	(a) Net sales/income from operations	274.87	452.49	528.76	727.36	956.02	2601.38
	(Net of excise duty)
	(b) Other operating income	0.00	0.00	0.00	0.00	0.00	0.00
	Total income from operations (net)	274.87	452.49	528.76	727.36	956.02	2601.38
2.	Expenses
	(a) Cost of materials consumed	328.73	221.08	257.75	549.81	339.94	651.90
	(b) Purchases of stock-in-trade	0.00	0.00	0.00	0.00	0.00	0.00
	(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade	(443.77)	(270.96)	(315.30)	(714.74)	(266.76)	(49.14)
		(443.77)	(270.96)	(315.30)	(714.74)	(266.76)	(49.14)
	(d) Employee benefits expense	119.39	103.89	94.24	223.28	180.39	390.30
	(e) Manufacturing Expenses	49.31	32.52	34.49	81.83	59.92	144.11
	(f) Research and Development Expenses	91.31	112.42	99.74	203.74	185.49	492.31
	(g) Administration Expenses	39.55	37.04	36.40	76.59	66.58	210.62
	(h) Selling and Distribution Expenses	21.57	15.66	12.22	37.23	35.43	132.44
	(j) Depreciation and amortisation expense	31.88	31.91	29.95	63.79	55.55	119.33
	( k) Other Expenses	0.00	0.15	1.54	0.15	1.98	2.05
	Total expenses	237.96	283.71	251.04	521.68	658.52	2093.92
3.	Profit / (Loss) from operations before other income, finance costs and exceptional items (1-2)	36.90	168.78	277.72	205.68	297.50	507.46
4 .	Other income	1.51	2.71	1.75	4.22	4.09	6.64
5.	Profit / (Loss) from ordinary activitiesbefore finance costs and exceptional items (3+4)	38.41	171.49	279.47	209.90	301.59	514.10
6.	Finance costs	31.76	23.65	6.47	55.41	9.83	49.06
7.	Profit / (Loss) from ordinary activities afterfinance costs but before exceptional items (5-6)	6.65	147.84	273.00	154.49	291.76	465.04
		6.65	147.84	273.00	154.49	291.76	465.04
8.	Exceptional items	0	0	0	0	0	0
9.	Profit / (Loss) from ordinary activities before tax (7-8)	6.65	147.84	273.00	154.49	291.76	465.04
10.	Tax expense	0	29.58	0	29.58	0	75.81
11.	Net Profit / (Loss) from ordinary activities after tax (9-10)	6.65	118.26	273.00	124.91	291.76	389.23
12	Extraordinary items	0	0	0	0	0	0
13.	Net Profit / (Loss) for the period (11 + 12)	6.65	118.26	273.00	124.91	291.76	389.23
14.	Share of profit / (loss) of associates*	0	0	0	0	0	0
15.	Minority interest *	0	0	0	0	0	0
16.	Net Profit / (Loss) after taxes, minority interest and share of profit / (loss) ofassociates (13 + 14 + 15) *	6.65	118.26	273.00	124.91	291.76	389.23
17.	Paid-up equity share capital	448.36	448.36	470.65	448.36	470.65	448.36
	(Face Value of the Share shall be indicated)
	( Rs 10/- each fully paid up)
18.	Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year	1419.95	1383.72	1343.27	1419.95	1343.27	1265.46
19.	i) Earnings per share (before extraordinary items)
	(a) Basic	0.15	2.64	5.80	2.79	6.23	8.68
	(b) Diluted	0.15	2.64	5.80	2.79	6.23	8.68
	ii) Earnings per share (after extraordinary items)
	(a) Basic	0.15	2.64	5.80	2.79	6.23	8.68
	(b) Diluted	0.15	2.64	5.80	2.79	6.23	8.68

* 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 : 30.07.2012

A. Vidya Sagar
Managing Director