Financial Results For (2005 - 2006)

Un-Audited Financial Results for the Quarter Ended 31st DECEMBER, 2005
(Rs. in Lakhs)
 
Sl. No..
Particulars
Three Months Ended
Nine Months Ended
Year Ended
 
31.12.2005
(Un-audited)
31.12.2004
(Un-audited)
31.12.2005
(Un-audited)
31.12.2004
(Un-audited)
31.03.2005
Audited
 
1
Sales (Net)
805.87
318.28
910.51
923.49
1152.47
 
  - Domestic
793.34
316.56
882.80
837.14
1063.83
 
  - Export
12.53
1.72
27.71
86.35
88.64
 
2
Other Income
17.64
0.61
27.43
4.00
26.81
 
3
Total Expenditure
 
  a) (Increase) / Decrease     in Stock

(85.40)

(17.23)

(181.34)

20.57

30.01
 
  b) Material Consumption
616.63
133.98
715.72
356.43
421.78
 
  c) Staff Cost
92.27
42.72
167.23
123.30
168.14
 
  d) Excise Duty
5.71
39.00
18.38
113.02
142.14
 
  e) Manufacturing & Other     Expenditure

31.87

49.49

79.66

194.57

248.48
 
4
Profit before Interest, Depreciation and Taxes (1+2-3)


162.43


70.93


138.29


119.60


168.73
 
5
Interest & Financial Charges

22.21

11.96

40.80

35.57

48.02
 
6
Depreciation
52.29
43.86
52.29
43.86
60.01
 
7
Misc. Expenses
           Written off

-

0.73

-

0.73

1.46
 
8
Profit Before
           Tax (4-5-6-7)

87.93

14.38

45.20

39.44

59.24
 
9
Provision for Tax :
      -- Current

-

-

-

-

5.50
 
        -- Earlier Year Tax /
         Written Back

-

-

-

-

11.46
 
        -- Deferred
-
-
-
-
(2.56)
 
10
Profit/(Loss) After Tax
87.93
14.38
45.20
39.44
44.84
 
11
Paid-up Equity Share Capital

515.28

515.28

515.28

515.28

515.28
 
12
Reserves (Excluding Revaluation Reserves)

-

-

-

-

424.43
 
13
EPS (Rs) Not Annualised
1.71
0.28
0.86
0.77
0.87
 
14
Aggregate of Non-Promoter Shareholding
      Number of Shares


3,505,382


3,379,899


3,505,382


3,379,899


3,435,382
 
 
Percentage of Shareholding

68.01%

65.58%

68.01%

65.58%

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 18th January,2006.
Figures for the three months ended 31st December,2005 have been subjected to 'Limited Review' by the stautory auditors as per listing agreement.
Depreciation has been provided for 9 months.
Provision for all taxes will be made at the year end.
Presently the Company if Operating in two Segments i.e. Electronic Communication and Software. Though, during this quarter there was a Revenue from Software Division, the same was not reported under segment reporting since the revenue and assets relating to such segment was below the norms specified in AS - 17 and Clause 41 of the listing agreement.
Previous period figures have been regrouped/recase to confirm to the current period presentation.
Summary of Investor Complaints:
Opening : Nil, Received during the Quarter : 15, Resolved : 14, Closing : 1


For Avantel Softech Limited
By order of the Board

Place: Hyderabad
Date : 18-01-2006

A.Venkateswara Rao
Chairman