Financial Results For (2007 - 2008)

Un-Audited Financial Results for the Quarter and nine months Ended 31st DECEMBER, 2007
(Rs. in Lakhs)
 
Sl. No..
Particulars
Three Months Ended
Nine Months Ended
Year Ended
 
31.12.2007
(Un-audited)
31.12.2006
(Un-audited)
31.12.2007
(Un-audited)
31.12.2006
Un-audited)
31.03.2007
(Audited)
 
1
Net Sales / Income from
operations

464.31

457.97

2133.77

915.31

2604.41
 
2
Other Income
13.07
4.81
33.71
13.47
21.78
 
3
Total Income (1+2)
477.38
462.78
2167.48
928.78
2626.19
 
4
Expenditure
 
  a) (Increase) / Decrease     in Stock

15.95

(117.66)

146.25

(383.35)

79.67
 
  b) Consumption of raw     Material

162.69

258.60

669.75

559.13

1047.56
 
  c) Excise Duty
27.81
63.99
238.48
110.83
347.31
 
  d) Employee Cost
102.41
82.28
310.12
216.58
298.95
 
  e) Depreciation
37.10
29.64
107.62
77.44
109.75
 
  f)  Manufacturing & Other     Expenditure

35.29

78.04

162.26

158.42

221.35
 
  g) Other Expenditure
38.57
24.04
96.06
72.56
119.15
 
  h)  Total
419.82
418.93
1730.54
811.61
2223.74
 
5
Interest
6.77
21.42
15.15
57.27
78.53
 
6
Exceptional Items
-
-
-
-
-
 
7
Profit from Ordinary activities before Tax (3) - (4+5+6)


50.79


22.43


421.79


59.90


323.92
 
8
Tax Expenses
(7.63)
-
81.92
-
110.15
 
9
Net Profit from Ordinary activities after Tax (7-8)


58.42


22.43


339.87


59.90


213.77
 
10
Extraordinary items
-
-
-
-
-
 
11
Net Profit for the period (9-10)

58.42

22.43

339.87

59.90

213.77
 
12
Paid-up Equity Share Capital

515.27

515.27

515.27

515.27

515.27
 
13
Reserves (Excluding Revaluation Reserves)        

658.61
 
14
Earning Per Share (EPS) Basic and diluted EPS before and After Extra-ordinary items for the period (Not Annualised)





1.13





0.44





6.60





1.16





4.15
 
15
Public Shareholding
      Number of Shares

35,30,182

35,76,231

35,30,182

35,76,231

35,33,182
 
        Percentage of       Shareholding

68.50%

69.39%

68.50%

69.39%

68.57%
 
 

Notes:
The above results have been reviewed by the Audit Committee, considered and approved by the Board of Directors at their meeting held on 30th January, 2008.
Figures for the three months ended 31st December, 2007 have been subjected to 'Limited Review' by the stautory auditors as per listing agreement.
Presently the Company if Operating in only one Segment Viz, Tele-Communication.
Previous period figures have been regrouped/recast to confirm to the current period presentation.
Summary of Investor Compliants:
Opening : Nil, Received during the Quarter : 2, Resolved 2, Closing : Nil,


For Avantel Softech Limited
By order of the Board

Place : Hyderabad
Date : 30-01-2008

A.Venkateswara Rao
Chairman