Financial Results For (2013 - 2014)

Sl.No.	Particulars	Quarter ended			Half year ended		Year ended
UN AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30^th SEPTEMBER,2013
		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
	Particulars	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)

Particulars
SUMMARY OF INVESTOR COMPLAINTS FOR THE QUARTER ENDING 30.09.2013
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