Financial Results For (2003 - 2004)
| Unaudited Financial Results for the Quarter and Nine Months Period Ended 31st DECEMBER, 2003 | |||||||
(Rs. in Lakhs) |
|||||||
Particulars |
Quarter Ended |
9 Months Ended |
Year Ended |
||||
31.12.2003 |
31.12.2002 |
31.12.2003 |
31.12.2002 |
31.03.2003 Audited |
|||
 |
Net Sales | 414.22 |
95.07 |
578.86 |
300.79 |
662.05 |
|
| Other Income | 0.51 |
4.08 |
5.10 |
6.51 |
13.85 |
||
| Increase/(Decrease) in Stock | (24.94) |
27.88 |
(18.88) |
58.28 |
(14.63) |
||
| Total Income | 389.79 |
127.03 |
565.08 |
365.58 |
661.27 |
||
| Materials Consumption | 156.90 |
48.66 |
235.16 |
102.42 |
191.20 |
||
| Manufacturing & other Expenditure | 55.52 |
15.20 |
82.04 |
43.60 |
109.16 |
||
| Staff Cost | 23.46 |
24.02 |
69.55 |
91.96 |
99.17 |
||
| Administrative & other Exp. | 31.30 |
17.15 |
62.76 |
49.20 |
97.73 |
||
| Financial Expenses | 18.64 |
11.62 |
47.06 |
39.96 |
55.88 |
||
| Misc. Expenses Written off | 16.89 |
- |
16.88 |
- |
22.52 |
||
| Depreciation | 36.58 |
- |
36.58 |
- |
67.58 |
||
| Total Expenditure | 339.29 |
116.65 |
550.03 |
327.14 |
643.24 |
||
| Profit/(Loss) Before Tax | 50.50 |
10.38 |
15.05 |
38.44 |
18.03 |
||
| Paid-up Equity Share Capital | 515.28 |
515.28 |
515.28 |
515.28 |
515.28 |
||
| Reserves Excluding Revaluation Reserves | 387.96 |
558.37 |
387.96 |
558.37 |
536.61 |
||
| Aggregate of Non-Promoter Shareholding Number of Shares |
34,13,109 |
33,99,899 |
34,13,109 |
33,99,899 |
33,91,899 |
||
| Percentage of Shareholding | 66.22% |
65.96% |
66.22% |
65.96% |
65.81% |
||
| EPS | 1.02 |
0.20 |
0.30 |
0.75 |
0.35 |
||
| Notes: Depreciation has been provided for 9 months. Miscellaneous Expenses has been written off proportionately. Presently the Company is operating in only one segment Viz, Tele-Communication. Previous period figures have been regrouped/ recast to confirm to the current period presentation. During the quarter 13 complaints were received from the investors and the same were resolved to the satisfaction of investors. The capaitalised Research & Development Expenditure and accumulated losses as on 31st March 2003 has been set off against share premium account as per order of the Hon'ble high Court, Andhra Pradesh. The above results were considered and taken on record at the Board Meeting held on 30th January,2004. For Avantel Softech Limited By order of the Board Place: Hyderabad Date : 30-01-2004 A.Venkateswara Rao Chairman |