Financial Results For (2005 - 2006)

Un-Audited Financial Results for the Quarter Ended 31st March, 2006
(Rs. in Lakhs)
Sl.No.
Particulars
Three Months Ended
Year Ended
 

 

 

31.03.2006
(Un-Audited)
31.03.2005
(Un-Audited)
31.03.2006
(Un-Audited)
31.03.2005
(Audited)
1
Sales & Services (Net)
685.34
229.33
1597.14
1153.22
 
- Domestic
685.34
227.04
1569.43
1064.58
 
- Export
-
2.29
27.71
88.64
2
Other Income
14.18
23.96
34.25
26.05
3
Total Expenditure
       
  a) (Increase)/Decrease in Stock
167.87
9.44
(13.47)
30.01
 
b) Material Consumption
230.96
60.81
929.20
414.25
 
c) Staff Cost
60.96
44.90
228.20
168.13
  d) Excise Duty
20.64
29.12
32.95
142.14
  e) Manufacturing & Other     Expenditure

132.08

47.53

229.22

256.01
4 Profit before Interest, Depreciation and Taxes (1+2-3)

87.01

61.49

225.29

168.73
5
Interest & Financial Charges
17.63
12.47
58.39
48.02
6 Depreciation
19.44
16.14
71.73
60.01
7 Misc. Expenses Written off
-
0.73
-
1.46
8 Profit before Tax (4-5-6-7)
49.94
32.15
95.17
59.24
9 Provision for Tax: -- Current
9.00
5.61
9.00
5.50
     Earlier Year Tax/ Written Back
11.17
6.73
11.17
11.46
      -- Deferred
(12.96)
(2.55)
(12.96)
(2.56)
      -- Fringe Benefit Tax
1.45
-
2.31
-
10 Profit/(Loss) After Tax
41.28
22.36
85.65
44.84
11 Paid-up Equity Share Capital
515.33
515.28
515.33
515.28
12 Reserves (Excluding Revaluation Reserve)

-

-

-

424.43
13 EPS (Rs) Not Annualised
0.81
0.43
1.67
0.87
14 Aggregate of Non-Promoter Shareholding
      Number of Shares


3,518,882


3,435,382


3,518,882


3,435,382
 

      Percentage of Shareholding

68.28%
66.66%
68.28%
66.66%
 

Notes:
The above results have been reviewed by the Audit Committee, considered and approved by the Board of Directors at their meeting held on 28th April, 2006.
Figures for the three months ended 31st March,2006 have been subjected to 'Limited Review' by the statutory auditors as per listing agreement.
Presently the Company is Operating in only one Segment i.e Electronic Communication.
The company received an order worth of Rs. 23.85 Crores for Defence Electronic Equipment on 27th April, 2006.
Previous period figures have been regrouped/recast to confirm to the current period presentation.
Summary of Investor Complaints:
Opening : 1, Received during the Quarter : 16, Resolved : 17, Closing : Nil


For Avantel Softech Limited
By order of the Board

Place: Hyderabad
Date : 28-04-2006

A.Venkateswara Rao
Chairman