Financial Results For (2008 - 2009)

Un-Audited Financial Results for the Quarter and nine months Ended 31st DECEMBER, 2008
(Rs. in Lakhs)
Sl. No..
Particulars
Three Months Ended
Nine Months Ended
Year Ended
31.12.2008
(Un-audited)
31.12.2007
(Un-audited)
31.12.2008
(Un-audited)
31.12.2007
(Un-audited)
31.03.2008
(Audited)
1
Net Sales/ Income from operations

750.44

464.31

2029.98

2133.77

2676.59
2
Other Income
12.67
13.07
22.52
33.71
58.13
3
Total Income (1+2)
763.11
477.38
2052.50
2167.48
2734.72
4
Expenditure
  a) (Increase) / Decrease     in Stock

(95.69)

15.95

144.31

146.25

(108.25)
  b) Materials and Services
516.35
162.69
888.38
669.75
1009.35
  c) Excise Duty
83.64
27.81
118.57
239.04
276.07
  d) Employee Cost
74.95
81.07
230.31
247.45
346.08
  e) Depreciation
28.60
37.10
84.43
107.62
146.43
  f)  Manufacturing     Expenditure

45.53

13.26

111.64

104.43

150.05
  g) R&D Expenses
62.13
43.38
173.94
120.50
163.40
  h) Other Expenditure
26.81
38.56
89.56
95.50
147.69
  i)  Total
742.32
419.82
1841.14
1730.54
2130.82
5
Interest
5.92
6.78
17.81
15.16
20.20
6
Exceptional Items
-
-
-
-
-
7
Profit from Ordinary activities before Tax (3) - (4+5+6)


14.87


50.78


193.55


421.78


583.70
8
Tax Expense
-
(7.63)
(8.64)
81.92
216.14
9
Net Profit from Ordinary activities after Tax (7-8)


14.87


58.41


202.19


339.86


367.56
10
Extraordinary items
-
-
-
-
65.60
11
Net Profit for the period (9-10)

14.87

58.41

202.19

339.86

301.96
12
Paid-up Equity Share Capital

515.27

515.27

515.27

515.27

515.27
13
Reserves (Excluding Revaluation Reserves)        

868.06
14
Earning Per Share (EPS)          
  Basic and diluted EPS before Extra-Ordinary items


0.29


1.13


3.92


6.60


7.13
  Basic and diluted EPS After Extra-Ordinary items


0.29


1.13


3.92


6.60


5.86
15
Public Shareholding
      Number of Shares

35,88,431

35,30,182

35,88,431

35,30,182

35,81,431
        Percentage of       Shareholding

69.65%

68.5%

69.65%

68.5%

69.5%
 

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, 2009.
Figures for the three months ended 31st December, 2008 have been subjected to 'Limited Review' by the stautory auditors as per listing agreement.
Provision for taxation will be provided at the year end.
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 : 6, Resolved : 6, Closing : Nil.


For Avantel Limited
By order of the Board

Place : Hyderabad
Date : 30-01-2009

A.Venkateswara Rao
Chairman