Financial Results For (2013 - 2014)

UN AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th SEPTEMBER,2013
Sl.No. Particulars Quarter ended Half year ended Year ended
30.09.2013 30.06.2013 30.09.2012 30.09.2013 30.09.2012 31.03.2013
(Un Audited) (Un Audited) (Un Audited) (Un Audited) (Un Audited) (Audited)
1 Income from operations
(a) Net sales/income from operations 302.44 200.12 274.87 502.56 727.14 4294.11
(Net of excise duty)
(b) Other operating income 0.00 0.00 0.00 0.00 0.22 0.49
Total income from operations (net) 302.44 200.12 274.87 502.56 727.36 4294.60
2 Expenses
(a) Cost of materials consumed 165.52 111.42 328.73 276.94 549.81 1541.45
(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 (145.65) (186.88) (443.77) (332.53) (714.74) 250.59
(d) Employee benefits expense 133.82 108.20 119.39 242.02 223.28 461.42
(e) Manufacturing Expenses 19.25 27.87 49.31 47.12 81.83 227.42
(f) Research and Development Expenses 122.00 143.78 91.31 265.77 203.74 477.56
(g) Administration Expenses 39.70 58.96 39.55 98.66 76.74 188.83
(h) Selling and Distribution Expenses 17.70 14.26 21.57 31.97 37.23 123.37
(i) Depreciation and amortisation expense 50.42 49.79 31.88 100.21 63.79 126.40
(j) Other Expenses 0.00 0.00 0.00 0.00 0.00 0.00
Total expenses 402.76 327.39 237.96 730.15 521.68 3397.03
3 Profit / (Loss) from operations before other income, finance costs and exceptional items (1-2) (100.32) (127.27) 36.90 (227.59) 205.68 897.57
4 Other income 10.26 3.61 1.51 13.87 4.22 21.07
5 Profit / (Loss) from ordinary activities before finance costs and exceptional items (3+4) (90.06) (123.66) 38.41 (213.72) 209.90 918.64
6 Finance costs 27.17 14.28 31.76 41.45 55.41 99.05
7 Profit / (Loss) from ordinary activities after finance costs but before exceptional items (5-6) (117.23) (137.94) 6.65 (255.17) 154.49 819.60
8. Exceptional items 0 0 0 0 0 0
9. Profit / (Loss) from ordinary activities before tax (7-8) (117.23) (137.94) 6.65 (255.17) 154.49 819.60
10. Tax expense 0 0 0 0 29.58 167.67
11. Net Profit / (Loss) from ordinary activities after tax (9-10) (117.23) (137.94) 6.65 (255.17) 124.91 651.92
12. Extraordinary items 0 0 0 0 0 0
13. Net Profit / (Loss) for the period (11 + 12) (117.23) (137.94) 6.65 (255.17) 124.91 651.92
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) of Asociates (13+14+15) (117.23) (137.94) 6.65 (255.17) 124.91 651.92
17. Paid-up equity share capital 418.36 418.36 448.36 418.36 448.36 448.36
(Face Value of the Share shall be indicated)
( Rs 10/- each fully paid up)
18. Reserve excluding Revaluation Reserves as 1531.06 1648.29 1419.95 1531.06 1419.95 1786.23
per balance sheet of previous accounting year
19.i Earnings per share (before extraordinary items)
(a) Basic 0 0 0.15 0 2.79 14.54
(b) Diluted 0 0 0.15 0 2.79 14.54
19.ii Earnings per share (after extraordinary items)
(a) Basic 0 0 0.15 0 2.79 14.54
(b) Diluted 0 0 0.15 0 2.79 14.54

* 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 Directors of the Company
at their meeting held on 31st October, 2013.
2.The Statutory Auditors of the Company have carried out "Limited Review" of the above financial results.
3.Presently the Company is operating one segment Viz, Electronics & Communication.
4. Previous period figures have been regrouped/recast/ reclassified, wherever necessary.

Sl.No. Particulars Quarter ended Half year ended Year ended
30.09.2013 30.06.2013 30.09.2012 30.09.2013 30.09.2012 31.03.2013
PARTICULARS OF SHAREHOLDING
1. Public shareholding
- Number of shares    2513936 2589485 2970656 2513936 2970656 2889485
- Percentage of shareholding    60.10% 61.90% 66.26% 60.10% 66.26% 64.45%
2. Promoters and Promoter Group Shareholding **
a) Pledged / Encumbered
- Number of shares     0 0 0 0 0 0

- Percentage of shares (as a % of the total shareholding

of promoter and promoter group)

    0 0 0 0 0 0

- Percentage of shares (as a % of the total share capital

of the company)

b) Non - encumbered     1669064 1593515 1512344 1669064 1512344 1593515
- Number of shares

- Percentage of shares (as a % of the total

shareholding of the Promoter and Promoter group)

    100% 100% 100% 100% 100% 100%
- Percentage of shares (as a % of the total     39.90% 38.10% 33.74% 39.90% 33.74% 35.55%
- share capital of the company)
SUMMARY OF INVESTOR COMPLAINTS FOR THE QUARTER ENDING 30.09.2013
Particulars
B.INVESTOR COMPLAINTS
Pending at the begining of the quarter 0
Received during the quarter 3
Disposed of during the quarter 3
Remaining unresolved at the end of the quarter 0

For Avantel Limited
By order of the Board


Place : Hyderabad
Date : 31.10.2013


A. Vidya Sagar
Managing Director