Financial Results For (2009 - 2010)

Un-Audited Financial Results for the Quarter and Nine months ended 31st DECEMBER, 2009
(Rs. in Lakhs)
Sl. No..
Particulars
Nine Months Ended
Three Months Ended
Year Ended
31.12.2009
Un-audited)
31.12.2008
(Un-audited)
31.12.2009
(Un-audited)
31.12.2008
(Un-audited)
31.03.2009
(Audited)
1
Net Sales/ Income from operations

1483.93

2029.97

699.28

750.44

2727.99
2
Expenditure
  a) (Increase) / Decrease     in Stock

(92.69)

144.31

4.34

(95.69)

(106.48)
  b) Materials and Services
690.55
888.38
351.35
516.35
1161.61
  c) Excise Duty
81.46
118.57
44.21
83.64
153.45
  d) Employee Cost
233.04
230.31
74.61
66.38
269.44
  e) Depreciation
93.42
84.43
33.40
28.60
113.71
  f)  Manufacturing     Expenditure

121.04

111.64

38.44

54.10

192.32
  g) R&D Expenses
209.20
173.94
81.92
62.13
240.79
  h) Other Expenditure
113.91
89.55
39.34
26.82
160.56
  i)  Total
1449.93
1841.14
667.61
742.33
2398.36
3
Profit from Operations before Interest & Exceptional items (1-2)


34.00


188.84


31.67


8.11


329.63
4
Other Income
8.94
22.52
1.16
12.67
32.27
5
Profit before Interest & Exceptional items (3+4)

42.94

211.36

32.83

20.78

361.90
6
Interest
22.39
17.81
11.97
5.92
21.06
7
Profit after Interest but before Exceptional items (5-6)


20.55


193.55


20.86


14.87


340.84
8
Exceptional Items
-
-
-
-
-
9
Profit before Tax (7-8)
20.55
193.55
20.86
14.87
340.84
10
Tax Expense
-
(8.64)
-
-
87.59
11
Net profit from Ordinary activities after Tax (9-10)

20.55

202.19

20.86

14.87

253.25
12
Extraordinary items (Net of Tax Expenses)

-

-

-

-

8.59
13
Net Profit for the period (11-12)

20.55

202.19

20.86

14.87

244.67
14
Paid up Equity Share Capital (Face Value: Rs. 10/-)


470.65


515.27


470.65


515.27


515.27
15
Reserves (Excluding Revaluation Reserves)

890.19

1070.24

890.19

1070.24

1043.65
16
Earning Per Share (EPS)          
  Basic and diluted EPS before Extra-Ordinary items


0.44


3.92


0.44


0.29


4.75
  Basic and diluted EPS After Extra-Ordinary items


0.44


3.92


0.44


0.29


4.75
17
Public Shareholding
      Number of Shares

31,43,588

35,88,431

31,43,588

35,88,431

35,87,431
        Percentage of       Shareholding

66.79

69.65

66.79

69.64

69.62
18 Promoters and promoter group shareholding          
    a. Pledged/Encumbered          
      - Number of Shares
NIL
NIL
NIL
NIL
NIL
      - Percentage of Shares
NIL
NIL
NIL
NIL
NIL
    b. Non-Encumbered          
      - Number of Shares
15,62,885
15,64,285
15,62,885
15,64,285
15,65,285
      - Percentage of Shares       as a percentage of       total


100.00


100.00


100.00


100.00


100.00
        shareholding of       Promoters and       Promoter group          
      - Percentage of Shares
33.21
30.35
33.21
30.35
30.38
 

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, 2010.
The Auditors of the company have carried out "Limited Review" of the above financial results.
Presently the Company is Operating in only one segment Viz, Electronics & Communication.
Previous period figures have been regrouped/recast to conform to the current period presentation.
Summary of Investor Compliants:
Opening - Nil, Received during the Quarter - 2 , Resolved - 2 , Closing - Nil.
Earnings Per Share (EPS) is not annualised other than previous accounting year 2008-09

For Avantel Limited
By order of the Board

Place : Hyderabad
Date : 30-01-2010

A.Venkateswara Rao
Chairman