Financial Results For (2012 - 2013)

UN- AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31st DECEMBER, 2012.
(in Rs.Lakhs)
S.No Particulars Quarter ended Nine Months ended Year ended
31.12.2012 30.09.2012 31.12.2011 31.12.2012 31.12.2011 31.03.2012
(Un Audited) (Un Audited) (Un Audited) (Un Audited) ( Un Audited) (Audited)
1 . Income from operations
(a) Net sales/income from operations 997.36 274.87 1292.25 1724.72 2251.03 2601.38
(Net of excise duty)
(b) Other operating income 0.00 0.00 0.00 0.00 0.00 0.00
Total income from operations (net) 997.36 274.87 1292.25 1724.72 2251.03 2601.38
2. Expenses
(a) Cost of materials consumed 632.19 328.73 139.38 1182.00 479.77 651.90
(b) Purchases of stock-in-trade 0.00 0.00 0.00 0.00 0.00 0.00
(c) work-in-progress and stock-in-trade (329.57) (443.77) 350.67 (1044.31) 83.91 (49.14)
(d) Employee benefits expense 118.45 119.39 97.99 340.75 278.24 390.30
(e) Manufacturing Expenses 84.19 49.31 32.56 166.03 99.65 144.11
(f) Research and Development Expenses 138.22 91.31 154.59 341.63 339.56 492.31
(g) Administration Expenses 42.22 39.55 55.30 116.54 120.50 210.62
(h) Selling and Distribution Expenses 27.63 21.57 33.21 64.86 62.29 132.44
(j) Depreciation and amortisation expense 31.70 31.88 33.12 63.79 95.56 119.33
( k) Other Expenses 0.00 0.00 0.00 0.15 2.12 2.05
Total expenses 745.03 237.96 896.83 1263.22 1554.72 2093.92
3. Profit / (Loss) from operations before other income, finance costs and exceptional items (1-2) 252.33 36.90 395.43 461.50 696.31 507.46
4 . Other income 17.98 1.51 1.54 19.79 5.18 6.64
5. Profit / (Loss) from ordinary activitiesbefore finance costs and exceptional items (3+4) 270.32 38.41 396.96 481.29 701.49 514.10
6. Finance costs 41.63 31.76 22.84 97.05 32.04 49.06
7. Profit / (Loss) from ordinary activities afterfinance costs but before exceptional items (5-6) 228.69 6.65 374.13 384.24 669.45 465.04
8. Exceptional items 0 0 0 0 0 0
9. Profit / (Loss) from ordinary activities before tax (7-8) 228.69 6.65 374.13 384.24 669.45 465.04
10. Tax expense 45.74 0 74.85 75.32 133.94 75.81
11. Net Profit / (Loss) from ordinary activities after tax (9-10) 182.95 6.65 299.28 308.92 535.51 389.23
12 Extraordinary items 0 0 0 0 0 0
13. Net Profit / (Loss) for the period (11 + 12) 182.95 6.65 299.28 308.92 535.51 389.23
14. Share of profit / (loss) of associates* 0 0 0 0 0 0
15. Minority interest * 0 0 0 0 0 0
16. Net Profit / (Loss) after taxes, minority interest and share of profit / (loss) ofassociates (13 + 14 + 15) * 182.95 6.65 299.28 308.92 535.51 389.23
17. Paid-up equity share capital 448.36 448.36 459.53 448.36 459.53 448.36
(Face Value of the Share shall be indicated)
( Rs 10/- each fully paid up)
18. Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year 1573.32 1390.37 1635.12 1573.32 1635.12 1265.46
19. i) Earnings per share (before extraordinary items)
(a) Basic 4.08 0.15 6.51 6.89 11.65 8.68
(b) Diluted 4.08 0.15 6.51 6.89 11.65 8.68
ii) Earnings per share (after extraordinary items)
(a) Basic 4.08 0.15 5.80 6.89 11.65 8.68
(b) Diluted 4.08 0.15 5.80 6.89 11.65 8.68

* Applicable in the case of consolidated results.

Notes : 1. The above results were reviewed and recommended by the Audit Committee and approved by the Board of Directtors of the Company at their meeting held on 31st January, 2013.
2.The Statutory Auditors of the Company have carried out "Limited Review" of the above financial results.
3.Presently the Company is operating one segment Viz, Electronics & Communication.
4.Previous period figures have been regrouped/recast/ reclassified, wherever necessary.


For Avantel Limited
By order of the Board


Place : Hyderabad
Date : 31.01.2013


A. Vidya Sagar
Managing Director