Quadrant Televentures Limited.
Regd. Office : Autocars Compound, Adalat Road, Aurangabad (Maharashtra) - 431005.
Statement of Unaudited Stand Alone Financial Results for the Quarter ended December 31, 2014
(Rs in Lacs)
    Unaudited Unaudited Unaudited Unaudited Unaudited Audited
Sr. No Particulars Three months ended 31.12.14 Three months ended 30.09.14 Three months ended 31.12.13 Nine months ended 31.12.2014 Nine months ended 31.12.2013 Year ended 31.03.14
1 Income from operations            
  (a) Income from Operations/ Services 13,473.41 12,715.83 10,767.08 37,961.87 29,952.26 40,599.52
  (b) Other Operating Income - - - - - -
               
  Total Income From Operations (net) 13,473.41 12,715.83 10,767.08 37,961.87 29,952.26 40,599.52
               
2 Expenses            
  (a) Employee benefits expenses 1,943.56 2,074.86 1,799.30 5,933.93 4,930.33 6,883.00
  (b)Depreciation and amortization expenses 3,489.89 3,232.22 3,137.65 10,161.19 9,514.01 12,678.05
  (c)Network operation expenditure 3,465.84 3,473.42 3,186.87 10,384.78 9,552.89 12,633.89
  (d) Interconnect Usage Charges 6,717.56 6,622.30 5,348.71 18,682.15 14,489.30 19,800.91
  (e) Infrastructure sharing charges 1,440.02 1,418.64 1,316.32 4,274.63 3,991.71 5,406.44
  (f) Sales & Marketing Expenditure 1,114.52 931.05 744.00 2,751.61 2,362.81 2,810.10
  (g) Other Expenses 971.56 1,194.11 912.88 3,219.10 2,879.70 4,067.60
  Total expenses 19,142.95 18,946.60 16,445.73 55,407.39 47,720.75 64,279.99
               
3 Profit / (Loss) from operations before other income, finance costs and exceptional items (1-2) (5,669.54) (6,230.77) (5,678.65) (17,445.52) (17,768.49) (23,680.47)
4 Other income 119.82 60.71 60.83 259.32 232.73 294.38
5 Profit / (Loss) from ordinary activities before finance costs and exceptional items (3-4) (5,549.72) (6,170.06) (5,617.82) (17,186.20) (17,535.76) (23,386.09)
6 Finance costs 676.99 669.12 681.05 2,022.33 2,060.53 2,729.99
7 Profit / (Loss) from ordinary activities after finance costs but before exceptional items (5-6) (6,226.71) (6,839.18) (6,298.87) (19,208.53) (19,596.29) (26,116.08)
8 Exceptional items - - - - - -
9 Profit / (Loss) from ordinary activities before tax (7-8) (6,226.71) (6,839.18) (6,298.87) (19,208.53) (19,596.29) (26,116.08)
10 Tax expense - - - - - -
11 Net Profit / (Loss) from ordinary activities after tax (9-10) (6,226.71) (6,839.18) (6,298.87) (19,208.53) (19,596.29) (26,116.08)
12 Extraordinary items - - - - -
13 Net Profit / (Loss) for the period (11-12) (6,226.71) (6,839.18) (6,298.87) (19,208.53) (19,596.29) (26,116.08)
14 Share of profit /(loss) of associates - - - - - -
15 Minority Interest - - - - - -
16 Net Profit / (Loss) after taxes, minority interest and share of of Profit / (Loss) of Associate (6,226.71) (6,839.18) (6,298.87) (19,208.53) (19,596.29) (26,116.08)
17 "Paid up Equity Share Capital (Face Value - Rs. 1 each)"
(Refer Note No. 1)
6,122.60 6,122.60 61,226.03 6,122.60 61,226.03 61,226.03
18 Reserves excluding Revaluation Reserve as per Balance Sheet of Previous Year - - - - - (193,284.60)
19 (a) Basic and Diluted Earning Per Share before Extraordinary items (1.02) (1.12) (1.03) (3.14) (3.20) (4.27)
(b) Basic and Diluted Earning Per Share after Extraordinary items (1.02) (1.12) (1.03) (3.14) (3.20) (4.27)
Quadrant Televentures Limited.
Regd. Office : Autocars Compound, Adalat Road, Aurangabad (Maharashtra) - 431 005.
Select information for the Quarter ended December 31,2014
    Unaudited Unaudited Unaudited Unaudited Unaudited Audited
Sr. No Particulars Three months ended 31.12.14 Three months ended 30.09.14 Three months ended 31.12.13 Nine months ended 31.12.2014 Nine months ended 31.12.2013 Year ended 31.03.14
A Particulars of Shareholding
1 Public Shareholding
-No of Shares 285,555,268 285,555,268 285,555,268 285,555,268 285,555,268 285,555,268
- % of Shareholding 46.64% 46.64% 46.64% 46.64% 46.64% 46.64%
2 Promoters and Promoter Group Shareholding
(a) Pledged/Encumbered
Number of Shares 218,704,937 218,704,937 218,704,937 218,704,937 218,704,937 218,704,937
Percentage of Shares (as % of the total Shareholding of Promoter and Promoter group) 66.94% 66.94% 66.94% 66.94% 66.94% 66.94%
Percentage of shares (as a % of the total share capital of the Company) 35.72% 35.72% 35.72% 35.72% 35.72% 35.72%
(b) Non encumbered
Number of Shares 108,000,063 108,000,063 108,000,063 108,000,063 108,000,063 108,000,063
Percentage of Shares(as % of the total Shareholding of Promoter and Promoter group) 33.06% 33.06% 33.06% 33.06% 33.06% 33.06%
Percentage of shares (as a % of the total share capital of the Company) 17.64% 17.64% 17.64% 17.64% 17.64% 17.64%
Particulars Three months ended 31.12.14
B INVESTOR COMPLAINTS
Pending at the beginning of the quarter Nil
Received during the quarter 1
Disposed of during the quarter 1
Remaining unresolved at the end of the quarter Nil
Notes:
1 In terms of CDR Package dated August 13, 2009 stipulating the reduction of paid up capital and pursuant to the Order of the Hon'ble Bombay High Court dated July 4, 2014 under Section 100 to 105 of Companies Act, 1956, which was duly registered by the Registrar of Companies, Mumbai on Sept 3, 2014, the paid up value of the 61,22,60,268 equity shares stood reduced from Rs. 10 per share to Re. 1 per share w.e.f. Sept 3, 2014; Consequently, paid up equity share capital also stood reduced from Rs. 612.26 Crore to Rs. 61.22 Crore and the Accumulated Losses were written-off to the extent of Rs. 551.03 Crore on Sept 3, 2014. The trading of Equity Shares with reduced face value of Re.1/- per share has commenced on December 29, 2014 at BSE Ltd.
2 "Pursuant to the notification of Schedule II of the Companies Act, 2013 ("the Act"), by the Ministry of Corporate Affairs effective 01.04.2014, the management has reassessed and changed, wherever necessary the useful lives of its Fixed Assets to compute depreciation, to conform to the requirements of the Act."
3 The primary reporting of the Company has been performed on the basis of business segments. The Company has only one business segment, which is provision of unified telephony services. Accordingly, the amounts appearing in these financial results relate to this primary business segment. Further, the Company provides services only in the State of Punjab (including Chandigarh and Panchkula) and, accordingly, no disclosures are required under secondary segment reporting.
4 Previous period/years figures have been reclassified, wherever necessary, to make them comparable with those of the current period.
5 Above results have been reviewed by the Audit Committee and taken on record by the Board of Directors in their meeting held on February 13, 2015. The same have been reviewed by the Statutory Auditor of the Company.
 
By Order of the Board
For QUADRANT TELEVENTURES LIMITED.
 
 
 Place : Mohali(Mr. Vinay Kumar Monga)
 Date : February 13, 2015Director
(DIN No. 03029345)