Aricent Leaders in Communications Software - Aricent
 
HomeAbout UsProductsOutsourcing ServicesSolutionsSupport
Partners Partners  Careers Careers  Locations Locations  Contact Us Contact Us  
          
  About Aricent
  Overview
  Annual Reports
  Quarterly Releases
    Press Releases
  Corporate Data
  Press Releases
  Contact Us
  In the News

Your Location : Home > Investor Relations > Quarterly Releases > Audited Financial Results - Q4 Results


Audited Financial Results for the Quarter and the Year ended March 31, 2002.

Rs. in Million
Quarter Ended Financial Year Ended
S.No Particulars March 31,2002 March 31,2001 March31, 2002 March 31, 2001
1. Net Sales/Income from operations 580 620 2349 1985
2. Other Income 32 25 132 110
3. Total Income 612 645 2481 2095
4.

Total Expenditure

  1. Staff cost
  2. Other expenditure

414

206
208

360

177
183

1684

879
805

1264

592
672

5. Interest 0 0 0 0
6. Depreciation 55 43 211 149
7. Profit(+)/loss(-) before tax & prior period adjustments. (3-4-5-6) 143 242 586 682
8. Prior Period Adjustments - - - 2
9. Provision for taxation 16 21 64 51
10. Net Profit(+)/loss(-) after tax (7-8-9) 127 221 522 629
11. Paid-up equity share capital(Face value Rs.5/- per share) 168 167 168 167
12. Reserves excluding revaluation reserves 2302 1834 2302 1834
13. Earning Per Share(Face value Rs.5/- per share) Basic *   ( Rs.) Diluted* ( Rs.) 3.803.80 6.616.11 15.6015.60 18.8518.53
14.

Aggregate of non- promoter Shareholding

Number of shares
Percentage of holding (to total shareholding)

 

14,833,993
44.28

 

14,756,439
44.15

 

14,833,993
44.28

 

14,756,439
44.15


* Basic and Diluted EPS have been computed in accordance with "Accounting Standard 20" issued by the Institute of Chartered Accountants of India.

Notes:
  1. The above results were taken on record by the Board of Directors at their meeting held in New Delhi on April 22, 2002. There are no qualification in the auditors' reports issued for the above periods.

  2. During the quarter and year ended March 31, 2002, the paid-up equity capital of the company has increased as a result of allotment of 197 and 77,554 equity shares respectively, to eligible employees under the Employees Stock Offer Plan Scheme of the company.

  3. The company provides a group of related products and services in telecommunication segment, which are not distinguishable and are subject to same risks and returns. Based on the definition of "business segments" given in Accounting Standard 17 issued by the Institute of Chartered Accountants of India, the company's operations fall in the Telecommunication Business Segment.

    Rs. in Million
    Quarter Ended Financial Year Ended
    S.No Particulars March 31,2002 March 31, 2002
    1. Segment Revenue    
      Telecom 580 2349
      Less: Inter Segment Revenue NA NA
      Net Sales/Income from Operations 580 2349
    2. Segment Results    
      Profit(+)/Loss before tax and interest    
      Telecom 111 454
      Less: Interest - -
       Other income 32 132
      Total Profit Before Tax 143 586
    3. Total Capital Employed 2469 2469


  4. The break up of Exports and Domestic sales for the current quarter & financial year 2001-02 versus corresponding quarter & financial year 2000-01 is as under

    Rs. in Million
        Quarter Ended     Financial Year Ended
    Particulars March 31, 2002 March 31, 2001 March 31, 2002 March 31, 2001
    Export Sales 566 598 2317 1929
    Domestic Sales 14 22 32 56
    Total 580 620 2349 1985


  5. The break up of revenue mix ( in percentage) for the current quarter & financial year 2001-02 versus corresponding quarter & financial year 2000-01 is as under

    Rs. In Million
  6.         Quarter Ended Financial Year Ended
    S. No. Particulars March 31, 2002 March 31, 2001 March 31, 2002 March 31, 2001
    A Services- HNS 40% 34% 42% 36%
    Services- Others 32% 36% 35% 36%
    B Products 28% 30% 23% 28%

  7. Provision for taxation includes Rs. 3.0 million for the current quarter and Rs. 6.6 million for the current financial year, towards deferred tax provision in accordance with "Accounting Standard 22" issued by the Institute of Chartered Accountants of India.

  8. The Board of Directors in their meeting held on April 22, 2002 recommended a dividend of 40% (Rs.2 per share on an equity share of par value of Rs. 5/- and subject to deduction of tax at source, if any), subject to the approval of members in the annual general meeting.

  9. Previous quarter & financial year figures have been regrouped/rearranged, wherever necessary.

By the order of the Board For
Hughes Software Systems Ltd.

Place: New Delhi
Date: April 22, 2002.

Vimal Khanna
Vice President (Finance) & CFO

Arun Kumar
Managing Director

-top-




Last updated : February 2, 2004

 

Customer Quote
  Case Studies
  Press Releases
  Whitepapers
  Partners