Financial Results For (2011 - 2012)

AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31 st MARCH,2012
(in Rs.Lakhs except share and per share data)
S.No Particulars Quarter ended March 31, Quarter ended December,31 Quarter ended
March 31,
Year ended March 31,
2012 2011 2011 2012 2011
(Audited) (Un Audited) ( Un Audited) (Audited) (Audited)
1 . Income from operations
(a) Net sales/income from operations 349.57 1292.26 1338.84 2601.38 2226.12
(Net of excise duty)
(b) Other operating income 0.00 0.00 0.00 0.00 0.00
Total income from operations (net) 349.57 1292.26 1338.84 2601.38 2226.12
2. Expenses
(a) Cost of materials consumed 172.12 139.38 372.49 651.90 825.37
(b) Purchases of stock-in-trade 0.00 0.00 0.00 0.00 0.00
(c) Changes in inventories of finished goods,
work-in-progress and stock-in-trade – 133.06 350.67 396.80 – 49.14 – 83.62
(d) Employee benefits expense 113.09 97.99 89.58 390.30 341.43
(e) Manufacturing Expenses 44.26 32.56 75.06 144.11 167.01
(f) Research and Development Expenses 148.99 154.59 73.80 492.31 291.36
(g) Administration Expenses 90.84 55.30 32.59 210.62 125.21
(h) Selling and Distribution Expenses 38.77 33.22 23.57 132.44 97.70
(j) Depreciation and amortisation expense 31.59 33.12 28.02 119.33 114.68
( k) Other Expenses 0.00 0.00 0.00 2.05 1.89
Total expenses 506.60 896.83 1091.91 2093.92 1881.03
3. Profit / (Loss) from operations before other income, finance costs and exceptional items (1-2) – 157.03 395.43 246.93 507.46 345.09
4 . Other income 3.09 1.54 0.91 6.64 8.48
5. Profit / (Loss) from ordinary activities – 153.94 396.97 247.84 514.10 353.57
before finance costs and exceptional items (3+4)
6. Finance costs 17.13 22.84 23.94 49.06 40.63
7. Profit / (Loss) from ordinary activities after (171.07) 374.13 223.90 465.04 312.94
finance costs but before exceptional items (5-6)
8. Exceptional items 0 0 0 0 0
9. Profit / (Loss) from ordinary activities before tax (7-8) (171.07) 374.13 223.90 465.04 312.94
10. Tax expense 0 74.85 0 75.81 67.34
11. Net Profit / (Loss) from ordinary activities after tax (9-10) (171.07) 299.27 223.90 389.23 245.60
12 Extraordinary items (net of tax expense Rs. In Lakhs) 0 0 0 0 0
13. Net Profit / (Loss) for the period (11 + 12) (171.07) 299.27 223.90 389.23 245.60
14. Share of profit / (loss) of associates* 0 0 0 0 0
15. Minority interest * 0 0 0 0 0
16. Net Profit / (Loss) after taxes, minorityinterest and share of profit / (loss) ofassociates (13 + 14 + 15) * (171.07) 299.27 223.90 389.23 245.60
17. Paid-up equity share capital 448.36 459.60 470.71 448.36 470.71
(Face Value of the Share shall be indicated)
( Rs 10/- each fully paid up)
18. Reserve excluding Revaluation Reserves as 1265.46 1400.55 1101.28 1265.46 1101.28
per balance sheet of previous accounting year
19. i) Earnings per share (before extraordinary items) (of ` ___/- each) (not annualised):
(a) Basic 0 6.51 3.81 8.68 5.22
(b) Diluted 0 6.51 3.81 8.68 5.22
ii) Earnings per share (after extraordinary items) (of ` ___/- each) (not annualised):
(a) Basic 0 6.51 3.81 8.68 5.22
(b) Diluted 0 6.51 3.81 8.68 5.22
See accompanying note to the financial results

* 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 : 31st March, 2012


A. Vidya Sagar
Managing Director