Quadrant Televentures Limited.
Regd. Office : Autocars Compound, Adalat Road, Aurangabad (Maharashtra) – 431 005.
Statement of Unaudited Stand Alone Financial Results for the Quarter ended September 30, 2012
(Rs in Lacs)
  Unaudited Unaudited Unaudited UnauditedUnauditedAuditedAudited
Sr.NoParticularsThree months ended 30.09.12Three months ended 30.06.12Three months ended 30.09.11 Six months ended 30.09.12 Six months ended 30.09.11 Year ended 31.03.12 30.06.12
1Income from operations       
 (a) Income from Operations/ Services 8,354.36 7,904.12 6,728.63 16,258.48 13,861.61 28,130.19 7904.1161401
 (b) Other Operating Income - - - - - - 0
         
 Total Income From Operations (net) 8,354.36 7,904.12 6,728.63 16,258.48 13,861.61 28,130.19 7904.1161401
         
2Expenses       
 (a) Employee benefits expenses 1,124.02 1,123.20 1,101.64 2,247.22 2,275.38 4,462.15 1123.2043767358
 (b) Depreciation and amortization expenses 3,021.45 3,044.55 2,875.30 6,066.00 5,858.42 12,017.11 3044.5494538
 (c) Network operation expenditure 2,525.78 2,528.77 2,331.92 5,054.55 4,804.95 9,161.34 2528.7697944197
 (d) Interconnect Usage Charges 2,498.77 2,194.47 1,598.29 4,693.24 3,608.41 7,188.26 2194.4734516643
 (e) Infrastructure sharing charges 1,263.85 1,227.40 1,401.92 2,491.25 2,835.97 5,300.33 1227.3951517034
 (f) Sales & Marketing Expenditure 628.66 595.12 527.85 1,223.78 1,028.64 2,037.80 595.1174569644
 (g) Other Expenses 672.80 1,072.99 918.04 1,745.79 1,675.33 3,226.35 1072.9855724911
 Total expenses 11,735.33 11,786.50 10,754.96 23,521.83 22,087.10 43,393.34 11786.4952577786
         
3Profit / (Loss) from operations before other income, finance costs and exceptional items (1-2) (3,380.97) (3,882.38) (4,026.33) (7,263.35) (8,225.49) (15,263.15)-3882.3791176787
4Other income 53.01 64.72 22.05 117.73 56.77 158.89 64.7223936
5Profit / (Loss) from ordinary activities before finance costs and exceptional items (3-4) (3,327.96) (3,817.66) (4,004.28) (7,145.62) (8,168.72) (15,104.26)-3817.6567240787
6Finance costs 704.65 705.35 700.12 1,410.00 1,396.48 2,811.77 705.3525001668
7Profit / (Loss) from ordinary activities after finance costs but before exceptional items (5-6) (4,032.61) (4,523.01) (4,704.40) (8,555.62) (9,565.20) (17,916.03)-4523.0092242454
8Exceptional items - - - - - - 0
9Profit / (Loss) from ordinary activities before tax (7-8) (4,032.61) (4,523.01) (4,704.40) (8,555.62) (9,565.20) (17,916.03)-4523.0092242454
10Tax expense - - - - - - 0
11Net Profit / (Loss) from ordinary activities after tax (9-10) (4,032.61) (4,523.01) (4,704.40) (8,555.62) (9,565.20) (17,916.03)-4523.0092242454
12Extraordinary items - - - - - - 0
13Net Profit / (Loss) for the period (4,032.61) (4,523.01) (4,704.40) (8,555.62) (9,565.20) (17,916.03)-4523.0092242454
14Share of profit /(loss) of associates - - - - - - 0
15Minority Interest - - - - - - 0
16Net Profit / (Loss) after taxes, minority interest and share of of Profit / (Loss) of Associate (4,032.61) (4,523.01) (4,704.40) (8,555.62) (9,565.20) (17,916.03)-4523.0092242454
         
17Paid up Equity Share Capital (Face Value - Rs. 10 each) 61,226.03 61,226.03 61,226.03 61,226.03 61,226.03 61,226.03 61226.03
         
18(a) Reserves excluding Revaluation Reserve 685.67 685.67 685.67 685.67 685.67 685.67 685.66508
         
 (b) Profit & Loss Account (Including accumulated losses) (162,841.59) (158,808.98) (145,935.14) (162,841.59) (145,935.14) (154,285.97) (158,808.98)
         
19(a) Basic and Diluted Earning Per Share before Extraordinary items (0.66) (0.74) (0.77) (1.40) (1.56) (2.93) (0.74)
 (b) Basic and Diluted Earning Per Share after Extraordinary items (0.66) (0.74) (0.77) (1.40) (1.56) (2.93)-0.7387396285

Statement of Unaudited Standalone assets and liabilities as at September 30,2012
  Unaudited Unaudited Unaudited UnauditedUnauditedAudited
Sr.NoParticularsThree months ended 30.09.12Three months ended 30.06.12Three months ended 30.09.11 Six months ended 30.09.12 Six months ended 30.09.11 Year ended 31.03.12
AParticulars of Shareholding      
1Public Shareholding      
 - No of Shares 285,555,268 285,555,268 285,555,268 285,555,268 285,555,268 285,555,268
 - % of Shareholding46.64%46.64%46.64%46.64%46.64%46.64%
2Promoters and Promoter Group Shareholding      
  (a) Pledged/Encumbered      
 Number of Shares 218,704,937 218,704,937 218,704,937 218,704,937 218,704,937 218,704,937
  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 30.09.12
B INVESTOR COMPLAINTS       
  Pending at the beginning of the quarter      Nil
  Received during the quarter      Nil
  Disposed of during the quarter      Nil
  Remaining unresolved at the end of the quarter      Nil

Statement of Unaudited Standalone assets and liabilities as at September 30,2012
(Rs in Lacs)
  UnauditedUnauditedAudited
Sr.NoParticulars Six months ended 30.09.12Six months ended 30.09.11Year ended 31.03.12
AEQUITY AND LIABILITIES   
1Shareholders' Funds   
 (a) Share capital 83,710.57 83,710.57 83,710.57
 (b) Reserves and surplus (162,155.93) (145,249.48) (153,602.80)
 Sub-Total Shareholder,s funds (78,445.36) (61,538.91) (69,892.23)
2Share application money pending allotment   
3Non-current liabilities   
 (a) Long-term borrowings 58,723.85 58,723.85 58,723.85
 (b) Deferred tax liabilities (Net) - - -
 (c) Other Long term liabilities 10,233.02 8,938.85 9,661.09
 (d) Long-term provisions 343.31 290.83 327.26
 Sub-Total Non-current liabilities 69,300.18 67,953.53 68,712.20
4Current liabilities   
 (a) Short-term borrowings 1,598.99 1,693.56 1,701.68
 (b) Trade payables 9,959.84 13,671.33 10,320.27
 (c) Other current liabilities 70,165.33 59,382.60 65,679.33
 (d) Short-term provisions 170.92 157.11 182.07
 Sub-Total Current liabilities 81,895.08 74,904.60 77,883.35
 TOTAL EQUITY AND LIABILITIES 72,749.90 81,319.22 76,703.32
     
BASSETS   
1Non-current assets   
 (a) Fixed assets   
 (i) Tangible assets 42,373.51 46,780.98 45,448.42
 (ii) Intangible assets 17,087.52 20,436.17 18,750.32
 (iii) Capital work-in-progress 1,762.86 2,167.09 1,844.31
 (b) Deferred tax Assets - - -
 (b ) Non-current investments 1.00 1.00 1.00
 (c) Long-term loans and advances 1,217.74 839.59 1,258.34
 Sub-Total Non-current Assets 62,442.63 70,224.83 67,302.39
2Current assets   
 (a) Current investments - - -
 (b) Inventories 189.51 188.81 184.46
 (c) Trade receivables 5,771.89 5,860.76 5,370.67
 (d) Cash and cash equivalents 2,583.82 1,213.45 1,150.69
 (e) Short-term loans and advances 1,750.47 2,141.78 2,678.81
 (f) Other current assets 11.58 1,689.59 16.30
 Sub-Total Non-current Assets 10,307.27 11,094.39 9,400.93
 TOTAL ASSETS 72,749.90 81,319.22 76,703.32
     
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 November 03, 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 : November 03, 2012Director