Financial Results For (2012 - 2013)

AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH,2013
(in Rs.Lakhs)
S.No Particulars Quarter ended Year ended
31.03.2013 31.12.2012 31.03.2012 2013 2012
( Audited) (Un Audited) (Audited) (Audited) (Audited)
1 . Income from operations
(a) Net sales/income from operations 2569.88 997.36 349.57 4294.60 2601.38
(Net of excise duty)
(b) Other operating income 0.00 0.00 0.00 0.00 0.00
Total income from operations (net) 2569.88 997.36 349.57 4294.60 2601.38
2. Expenses
(a) Cost of materials consumed 358.39 632.19 172.12 1541.45 651.90
(b) Purchases of stock-in-trade 0.00 0.00 0.00 0.00 0.00
(c) work-in-progress and stock-in-trade 1294.89 (329.57) (133.06) 250.59 (49.14)
(d) Employee benefits expense 120.63 118.45 113.09 461.42 390.30
(e) Manufacturing Expenses 61.59 84.19 44.26 227.42 144.11
(f) Research and Development Expenses 135.69 138.22 148.99 477.56 492.31
(g) Administration Expenses 70.26 42.22 90.84 187.77 210.62
(h) Selling and Distribution Expenses 59.75 27.63 38.77 123.37 132.44
(j) Depreciation and amortisation expense 31.04 31.70 31.59 126.40 119.33
( k) Other Expenses 0.00 0.00 0.00 1.07 2.05
Total expenses 2132.25 745.03 506.60 3397.04 2093.92
3. Profit / (Loss) from operations before other income, finance costs and exceptional items (1-2) 437.63 252.33 (157.03) 897.57 507.46
4 . Other income 1.28 17.98 3.09 21.07 6.64
5. Profit / (Loss) from ordinary activitiesbefore finance costs and exceptional items (3+4) 438.91 27.32 (153.94) 918.64 514.10
6. Finance costs 16.18 41.63 17.13 99.05 49.06
7. Profit / (Loss) from ordinary activities afterfinance costs but before exceptional items (5-6) 422.73 228.69 (171.07) 819.59 465.04
8. Exceptional items 0 0 0 0 0
9. Profit / (Loss) from ordinary activities before tax (7-8) 422.73 226.69 (171.01) 819.59 465.04
10. Tax expense 84.58 453.74 0.00 167.67 75.81
11. Net Profit / (Loss) from ordinary activities after tax (9-10) 338.15 182.95 (171.07) 651.92 389.23
12 Extraordinary items 0 0 0 0 0
13. Net Profit / (Loss) for the period (11 + 12) 338.15 182.95 (171.07)) 651.92 389.23
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, minority interest and share of profit / (loss) ofassociates (13 + 14 + 15) * 338.15 182.95 (171.07) 651.92 389.23
17. Paid-up equity share capital 448.36 448.36 448.36 448.36 448.36
(Face Value of the Share shall be indicated)
( Rs 10/- each fully paid up)
18. Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year 1786.23 1573.32 1265.46 1786.23 1265.46
19. i) Earnings per share (before extraordinary items)
(a) Basic 7.54 4.08 0 14.54 8.68
(b) Diluted 7.54 4.08 0 14.54 8.68
ii) Earnings per share (after extraordinary items)
(a) Basic 7.54 4.08 0 14.54 8.68
(b) Diluted 4.08 0.15 0 14.54 8.68

* 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 6th May, 2013.
2.The Board of Directors has recommended Equity Dividend of 25% (Previous Year 20%) for the financial year 2012-2013.
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 un audited 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 : 06.05.2013


A. Vidya Sagar
Managing Director