Financial Results For (2002 - 2003)

Unaudited Financial Results for the Quarter and Period Ended 31st DECEMBER, 2002
(Rs. in Lakhs)
 
Particulars
Quarter Ended
9 Months Ended
Year Ended
31.12.2002
31.12.2001
31.12.2002
31.12.2001
31.03.2002
Audited
Net Sales
86.72
210.22
273.90
516.87
688.73
 
  Other Income
4.08
1.69
6.51
8.70
17.19
 
  Total Income
90.80
211.91
280.41
525.57
705.92
 
  (a) Increase/(Decrease) in Stock
(27.88)
32.33
(58.28)
62.83
116.51
 
  (b) Material Consumption
48.66
97.37
102.42
233.34
323.52
 
  (c) Staff Cost
24.02
32.61
91.96
96.49
162.05
 
  (d) Manufacturing & other Exp.
6.85
9.34
16.71
35.79
52.28
 
  (e) Administrative & other Exp.
17.15
16.65
49.20
71.98
118.25
 
  Total Expenditure
68.80
188.30
202.01
500.43
772.61
 
  Profit before Interest, Depn & Taxes

22.00

23.61

78.40

25.14

(66.69)
 
  Financial Expenses
11.62
16.86
39.96
60.55
76.94
 
  Misc. Expenses Written off
-
-
-
-
28.19
 
  Depreciation
-
-
-
-
54.53
 
  Profit/(Loss) Before Tax
10.38
6.75
38.44
(35.41)
(226.35)
 
  Provision for Deferred Tax Liability

-

-

-

-

53.03
 
  Profit/(Loss) After Tax
10.38
6.75
38.44
(35.41)
(279.38)
 
  Paid-up Equity Share Capital
515.28
565.27
515.28
565.27
515.28
 
  Reserves
-
-
-
-
711.54
 
  EPS (Rs) Not Annualised
-
-
-
-
-
 
  Aggregate of Non-Promoter Shareholding
      Number of Shares


33,99,899


-


33,99,899


-


33,99,899
 
        Percentage of Shareholding
65.96%
-
65.96%
-
65.96%
 
 
Notes:
The above results were taken on record by the Board of Directors at their meeting held 31st, Jan, 2003.
Previous Period figures have been regrouped/recast to confirm to the current period presentation.

Segment-wise Revenue, Results and Capital Employed under clause 41 of the listing agreement
(Rs. in Lakhs)
  Sl.No.
Particulars
Quarter
Ended
31.12.2002
Nine Months
Ended
31.12.2002
Year Ended
31.03.2002
Audited
  1.
Segment Revenue :
   
         * Telecom Products
79.47
254.31
685.81
         * Software
    7.25
19.59
2.92
   
Total
86.72
273.90
688.73
    Less : Inter-segment revenue
-
-
-
   
Net Sales/Income from Operations
86.72
273.90
688.73
 
2.
Segment Results :
     (Profit(+)/Loss(-) before tax and       interest
 
              * Telecom Products
    19.28
73.73
   (86.88)
              * Software
        2.72
4.67
(59.37)
   
Total
   22.00
78.40
(146.25)
    Less : i) Financial Expenses
11.62
39.96
76.93
             ii) Other un-allocable expenditure               net off un-allocable Income

-

-
  
(3.17)
    Total Profit/(Loss) Before Tax
  10.38
38.44
(226.35)
  3. Capital Employed
    (Segment Assets - Segment Liabilities)
              * Telecom Products
879.70
879.70
843.46
              * Software
147.45
147.75
145.26
   
Total
1027.15
1027.45
988.72
 
For Avantel Softech Limited
By order of the Board

Place: Hyderabad
Date : 31-01-2003

A.Venkateswara Rao
Chairman