Financial Results For (2013 - 2014)

UN- AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31st DECEMBER, 2013.
Sl. No Particulars   Quarter ended

Nine Months ended
Year ended
      31.12.2013 30.09.2013 31.12.2012
31.12.2013
31.12.2012 31.03.2013
      (Un Audited) (Un Audited) (Un Audited) (Un Audited) (Un Audited) (Audited)
                 
1. Income from operations              
  (a) Net sales/income from operations  
486.56
302.44
997.36
989.13
1724.50 4294.11
  (Net of excise duty)              
  (b) Other operating income   0.00 0.00 0.00 0.00
0.22
0.49
  Total income from operations (net)  
486.56
302.44
997.36
989.13
1724.72
4294.60
2. Expenses              
  (a) Cost of materials consumed   231.12
165.52
632.19
508.04
1182.00 1541.45
  (b) Purchases of stock-in-trade  
0.00
0.00
0.00
0.00
0.00
0.00
  (c) Changes in inventories of finished goods,              
  work-in-progress and stock-in-trade  
(222.93)
(145.65)
(329.57)
(555.46)
(1044.31)
250.59
  (d) Employee benefits expense   116.49 133.82 118.45 358.51 340.75 461.42
  (e) Manufacturing Expenses   30.04 19.25 84.19 77.16 166.03 227.42
  (f) Research and Development Expenses   149.27 122.00 138.22 414.86 341.63 477.56
  (g) Administration Expenses   47.46 39.70 42.22 146.17 116.69 188.83
  (h) Selling and Distribution Expenses   14.50 17.70 27.63 46.35 64.86 123.37
  (i) Depreciation and amortisation expense   49.29 50.42 31.70 149.72 95.56 126.40
  (j) Other Expenses   0.00 0.00 0.00 0.00 0.00 0.00
  Total expenses   415.24 402.76 745.03 1145.35 1263.22 3397.03
3. Profit / (Loss) from operations before other   71.32 (100.32) 252.33 (156.22) 461.50 897.57
 
income, finance costs and exceptional items (1-2)

             
4. Other income   1.42 10.26 17.98 16.13 19.79 21.07
5. Profit / (Loss) from ordinary activities   72.74 (90.06) 270.31 (140.09) 481.29 918.64
  before finance costs and exceptional items (3+4)              
6. Finance costs   30.48 27.17 41.63 71.94 97.05 99.05
7. Profit / (Loss) from ordinary activities after   42.26 (117.23) 228.68 (212.03) 384.24 819.60
  finance costs but before exceptional items (5-6)              
8. Exceptional items   0 0 0 0 0 0
9. Profit / (Loss) from ordinary activities before tax (7-8)   42.26 (117.23) 228.68 (212.03) 384.24 819.60
10. Tax expense   0 0 45.74 0 75.32 167.67
11. Net Profit / (Loss) from ordinary activities after tax (9-10)   42.26 (117.23) 182.94 (212.03) 308.92 651.92
12. Extraordinary items   0 0 0 0 0 0
13. Net Profit / (Loss) for the period (11 + 12)   42.26 (117.23) 182.94 (212.03) 308.92 651.92
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) of Asociates (13+14+15)   42.26 (117.23) 182.94 (212.03) 308.92 651.92
17. Paid-up equity share capital   418.36 418.36 448.36 418.36 448.36 448.36
  (Face Value of the Share shall be indicated)              
  ( Rs 10/- each fully paid up)              
18. Reserve excluding Revaluation Reserves as   1786.23 1786.23 1786.23 1786.23 1786.23 1786.23
  per balance sheet of previous accounting year              
19.i Earnings per share (before extraordinary items)              
  (a) Basic   1.01 0 4.08 0 6.89 14.54
  (b) Diluted   1.01 0 4.08 0 6.89 14.54
19.ii Earnings per share (after extraordinary items)              
  (a) Basic   1.01 0 4.08 0 6.89 14.54
  (b) Diluted   1.01 0 4.08 0 6.89 14.54

* 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 Directors of the Company
at their meeting held on 10th February, 2014
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.

Part - II

Sl. No Particulars Quarter ended

Nine Months ended
Year ended
    31.12.2013 30.09.2013 31.12.2012
31.12.2013
31.12.2012 31.03.2013
               
  A.PARTICULARS OF SHAREHOLDING            
1 Public shareholding            
  - Number of shares 2513936 2513936 2912339 2513936 2912339 2889485
  - Percentage of shareholding 60.10% 60.10% 64.96% 60.10% 64.96% 64.45%
2.              
  a) Pledged / Encumbered            
  Number of shares 0 0 0 0 0 0
  - Percentage of shares (as a % of the total 0 0 0 0 0 0
  shareholding of promoter and promoter group            
  b) Non - encumbered 1669064 1669064 1570661 1669064 1570661 1593515
  - Number of shares            
  - Percentage of shares (as a % of the total 100% 100% 100% 100% 100% 100%
  shareholding of the Promoter and Promoter group)            
  - Percentage of shares (as a % of the total 39.90% 39.90% 35.04% 39.90% 35.04% 35.55%
  - share capital of the company)            
SUMMARY OF INVESTOR COMPLAINTS FOR THE QUARTER ENDING 31.12.2013
Particulars
B.INVESTOR COMPLAINTS
Pending at the begining of the quarter 0
Received during the quarter 6
Disposed of during the quarter 6
Remaining unresolved at the end of the quarter 0

For Avantel Limited
By order of the Board


Place : Hyderabad
Date : 10.02.2014


A. Vidya Sagar
Managing Director