Quadrant Televentures Ltd
Regd. Office : Autocars Compound, Adalat Road, Aurangabad (Maharashtra)-431 005.
Statement of Unaudited Stand Alone Financial Results for the Quarter ended June 30, 2012
(Rs in Lacs)
  UnauditedUnauditedUnauditedAudited
Sr. NoParticularsThree months ended 30.06.12Three months ended 31.03.12Three months ended 30.06.11Year ended 31.03.12
1Income from operations    
 (a) Income from Operations/ Services 7,904.12 7,397.34 7,132.98 28,130.19
 (b) Other Operating Income - - - -
      
 Total Income From Operations (net) 7,904.12 7,397.34 7,132.98 28,130.19
      
2Expenses    
 (a) Employee benefits expenses 1,123.20 1,071.76 1,173.74 4,462.15
 (b) Depreciation and amortization expenses 3,044.55 3,178.71 2,983.12 12,017.11
 (c) Network operation expenditure 2,528.77 2,079.94 2,473.03 9,161.34
 (d) Interconnect Usage Charges 2,194.47 1,864.97 2,010.12 7,188.26
 (e) Infrastructure sharing charges 1,227.40 1,259.90 1,434.05 5,300.33
 (f) Sales & Marketing Expenditure 595.12 564.29 500.79 2,037.80
 (g) Other Expenses 1,072.99 490.40 757.29 3,226.35
 Total expenses 11,786.50 10,509.97 11,332.14 43,393.34
      
3Profit / (Loss) from operations before other income, finance costs and exceptional items (1-2) (3,882.38) (3,112.63) (4,199.16) (15,263.15)
4Other income 64.72 76.24 34.72 158.89
5Profit / (Loss) from ordinary activities before finance costs and exceptional items (3-4) (3,817.66) (3,036.39) (4,164.44) (15,104.26)
6Finance costs 705.35 711.27 696.36 2,811.77
7Profit / (Loss) from ordinary activities after finance costs but before exceptional items (5-6) (4,523.01) (3,747.66) (4,860.80) (17,916.03)
8Exceptional items - - - -
9Profit / (Loss) from ordinary activities before tax (7-8) (4,523.01) (3,747.66) (4,860.80) (17,916.03)
10Tax expense - - - -
11Net Profit / (Loss) from ordinary activities after tax (9-10) (4,523.01) (3,747.66) (4,860.80) (17,916.03)
12Extraordinary items - - - -
13Net Profit / (Loss) for the period (4,523.01) (3,747.66) (4,860.80) (17,916.03)
14Share of profit /(loss) of associates - - - -
15Minority Interest - - - -
16Net Profit / (Loss) after taxes, minority interest and share of Profit / (Loss) of Associate (4,523.01) (3,747.66) (4,860.80) (17,916.03)
      
17Paid up Equity Share Capital (Face Value - Rs. 10 each) 61,226.03 61,226.03 61,226.03 61,226.03
      
      
18(a) Reserves excluding Revaluation Reserve 685.67 685.67 685.67 685.67
 (b) Profit & Loss Account (Including accumulated losses) (158,808.98) (154,285.97) (141,230.75) (154,285.97)
19(a) Basic and Diluted Earning Per Share before Extraordinary items (0.74) (0.62) (0.79) (2.93)
 (b) Basic and Diluted Earning Per Share after Extraordinary items (0.74) (0.62) (0.79) (2.93)
AParticulars of Shareholding    
1Public Shareholding    
 - No of Shares 285,555,268 285,555,268 285,555,268 285,555,268
 - % of Shareholding46.64%46.64%46.64%46.64%
2Promoters and Promoter Group Shareholding    
  (a) Pledged/Encumbered    
 Number of Shares 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%
 Percentage of shares (as a % of the total share capital of the Company)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
  Percentage of Shares(as % of the total Shareholding of Promoter and Promoter group)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%
      
 Particulars    Three months ended 30.06.12
B INVESTOR COMPLAINTS     
  Pending at the beginning of the quarter    Nil
  Received during the quarter    Nil
  Disposed off during the quarter    Nil
  Remaining unresolved at the end of the quarter    Nil
Notes:
1Comment on the auditors qualification.
 The Company has given effect to the terms of the Revised Corporate Debt Restructuring ('CDR') Scheme dated August 13, 2009. Though the compliance of some of the terms and conditions are yet to be implemented. The Company is confident of fulfilling the remaining conditions.
 
2The 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.
 
3Previous period/years figures have been reclassified, wherever necessary, to make them comparable with those of the current period.
 
4Above results have been reviewed by the Audit Committee and taken on record by the Board of Directors in their meeting held on August 11, 2012. The same have been reviewed by the Statutory Auditor of the Company
 
  By Order of the Board
  For QUADRANT TELEVENTURES LIMITED.
 
 
 Place : Mohali(Mr. Babu Mohanlal Panchal)
 Date : August 11, 2012Director