Financial Results For (2002 - 2003)
| Un-Audited Financial Results for the Quarter Ended 31st MARCH, 2003 | |||||||
(Rs. in Lakhs) |
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Particulars |
Quarter Ended |
Year Ended |
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|
31.03.2003 Un-Audited |
31.03.2002 Un-Audited |
31.03.2003 Un-Audited |
31.03.2002 Audited |
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Net Sales |
361.26 |
193.51 |
662.05 |
771.80 |
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Other Income |
7.12 |
8.49 |
13.62 |
17.19 |
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| Total Income | 368.38 |
202.00 |
675.67 |
788.99 |
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| (a) (Increase)/Decrease in Stock | 72.91 |
53.68 |
14.63 |
116.51 |
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(b) Material Consumption |
88.78 |
90.17 |
191.20 |
323.52 |
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(c) Staff Cost |
8.39 |
65.56 |
100.34 |
162.05 |
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(d) Manufacturing & other Expenses |
65.32 |
38.15 |
108.92 |
135.36 |
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| (e) Administrative & other Expenses | 48.69 |
46.27 |
97.89 |
118.25 |
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| Total Expenditure | 284.09 |
293.83 |
512.98 |
855.69 |
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| Profit Before Interest, Depn & Taxes | 84.29 |
(91.83) |
162.69 |
(66.70) |
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Financial Expenses |
15.92 |
16.38 |
55.87 |
76.94 |
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Misc. Expenses Written of |
22.52 |
28.19 |
22.52 |
28.19 |
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| Depreciation | 67.56 |
54.53 |
67.56 |
54.53 |
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| Profit/(Loss) Before Tax | (21.71) |
(190.93) |
16.74 |
(226.36) |
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| Provision for Deferred Tax Liability | - |
- |
1.36 |
(53.03) |
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| Profit/(Loss) After Tax | (21.71) |
(190.93) |
15.38 |
(279.39) |
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| Paid-up Equity Share Capital | 515.28 |
515.28 |
515.28 |
515.28 |
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| Reserves | -
|
- |
711.54 |
711.54 |
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| EPS (Rs) not Annualised | -
|
- |
- |
- |
|||
| Aggregate of Non-Promoter Shareholding Number of Shares |
- |
- |
33,91,899 |
33,99,899 |
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Percentage of Shareholding |
-
|
- |
65.81% |
65.96% |
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| Notes: Net Sales is inclusive of Excise Duty of Rs.73,66,991/- and correspondingly forms part of the Manufacturing & Other Expenses. Technical Know how amounting to Rs.9,10,800 and forming part of the Fixed Assets as on 01.04.2002 has been written off. Debtors amounting to Rs.23,22,851/- has been written off as Bad Debts. Previous period figures have been regrouped/recast to confirm to the current period presentation. The above results were considered and taken on record at the Board meeting held on 29th April 2003. |
| Segment-wise Revenue, Results and Capital Employed under clause 41 of the listing agreement | |||||||
(Rs. in Lakhs) |
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| Sl.No. | Particulars |
Quarter Ended 31.03.2003 |
Nine Months Ended 31.03.2003 |
Year Ended 31.03.2002 Audited |
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| 1. | Segment Revenue : |
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| * Telecom Products | 354.02 |
635.22 |
768.88 |
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| * Software |
7.24 |
26.83 |
2.92 |
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Total |
361.26 |
662.05 |
771.80 |
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| Less : Inter-segment revenue | - |
- |
- |
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Net Sales/Income from Operations |
361.26 |
662.05 |
771.80 |
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2. |
Segment Results : (Profit(+)/Loss(-) before tax and interest |
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| * Telecom Products |
(8.28) |
65.46 |
(86.88) |
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| * Software |
2.49 |
7.16 |
(59.37) |
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Total |
(5.79) |
72.62 |
(146.25) |
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| Less : i) Interest | 15.92 |
55.88 |
76.94 |
||||
| ii) Other un-allocable expenditure net off un-allocable Income | - |
- |
76.94 |
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| Total Profit/(Loss) Before Tax | (21.71) |
16.74 |
(226.35) |
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| 3. | Capital Employed | ||||||
| (Segment Assets - Segment Liabilities) | |||||||
| * Telecom Products | 946.28 |
946.28 |
843.46 |
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| * Software | 137.10 |
137.10 |
145.26 |
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Total |
1083.38 |
1083.38 |
988.72 |
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|
For Avantel Softech Limited By order of the Board Place: Hyderabad Date : 29-04-2003 A.Venkateswara Rao Chairman |
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