Financial Results For (2012 - 2013)

UN-AUDITED RESULTS FOR THE QUARTER ENDED 30TH 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)
(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
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