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| SAVEN TECHNOLOGIES LIMITED
|
| (Registered
Office: No. 302, My Home Sarovar Plaza, Secretariat
Road, Hyderabad – 500 063) |
| Unaudited Consolidated Financial Results for the
Quarter and Half-Year ended September 30, 2011 |
| (Rs. in
lakhs) |
|
Sl.
No
|
Particulars
|
Quarter ended
Unaudited |
Haly-Year ended
Unaudited |
Year ended
Audited |
|
30.09.2011 |
30.09.2010 |
30.09.2011 |
30.09.2010 |
31.03.2011 |
| 1. |
Net Sales/Income from
Operations |
1673.38 |
1218.75 |
3105.26 |
2560.87 |
5110.26 |
| 2. |
Other Income |
14.97 |
2.75 |
17.82 |
7.26 |
16.63 |
| 3. |
Total
Income (1+2) |
1688.35 |
1221.50 |
3123.08 |
2568.13 |
5126.89 |
|
4.
|
Expenditure:
a)
Employees Cost
b)
Depreciation
c) Other Expenditure
d)
Total
|
1391.05
8.85
119.84
1519.74 |
1127.69
7.59 98.58 1233.86 |
2648.96
17.12
213.49
2879.57 |
2345.02 15.16 173.33 2533.51 |
4634.74
30.76
404.61
5070.11 |
| 5. |
Interest |
2.53 |
2.09 |
4.89 |
3.67 |
7.71 |
| 6. |
Exceptional
items |
-- |
-- |
-- |
-- |
-- |
|
7.
|
Profit (+) /(Loss) (-) from Ordinary Activities
before tax (3) - (4+5-6)
|
166.08
|
(14.45)
|
238.62
|
30.95
|
49.07
|
| 8. |
Tax
Expense |
48.39 |
0.95 |
70.39 |
3.27 |
28.72 |
| 9. |
Net
Profit (+) / (Loss) (-) from Ordinary Activities after tax, before Minority Interest (7-8) |
117.69 |
(15.40) |
168.23 |
27.68 |
20.35 |
| 10. |
Extraordinary
items (net of tax expense) |
-- |
-- |
-- |
-- |
-- |
| 11. |
Minority Interest |
28.09 |
9.18 |
44.76 |
2.86 |
(7.18) |
| 12. |
Net Profit
(+) / (Loss) (-) for the period (9-10-11) |
89.60 |
(6.22) |
123.47 |
24.82 |
27.53 |
| 13. |
Paid-up Equity Share
Capital
(Face value Rs. 10/- per share) |
1087.87 |
1087.87 |
1087.87 |
1087.87 |
1087.87 |
| 14. |
Reserves excluding Revaluation
Reserves as at 31.03.2011 |
-- |
-- |
-- |
-- |
236.33 |
| 15. |
EPS (Rs.) Basic &
Diluted (not annualized)
|
0.82 |
(0.06) |
1.13 |
0.23 |
0.25 |
|
16.
|
Public
shareholding
a) No. of shares
b) % of shareholding
|
62,62,079 57.56 |
62,67,079 57.61 |
62,62,079 57.56 |
62,67,079 57.61 |
62,67,079 57.61 |
| |
Notes: |
| 1. |
The above Consolidated Financial Results for the
quarter and half-year ended September 30, 2011 have been
reviewed by the Audit Committee and approved by the Board of
Directors at the meeting held on November 7, 2011.
|
| 2. |
The Consolidated Financial Results include
results of its subsidiary, Saven Technologies
Inc., USA. This has been prepared in accordance with
Accounting Standards 21 on Consolidated Financial Statements
issued by the Institute of Chartered Accountants of India.
|
|
3.
|
The corresponding previous periods' figures
have been regrouped / reclassified wherever necessary.
|
| UNAUDITED STANDALONE FINANCIAL RESULTS
FOR THE QUARTER AND HALY-YEAR ENDED SEPTEMBER 30, 2011 |
| (Rs. in lakhs) |
|
Sl.
No |
Particulars |
Quarter ended
Unaudited |
Haly-Year ended
Unaudited |
Year ended
Audited |
|
30.09.2011 |
30.09.2010 |
30.09.2011 |
30.09.2010 |
31.03.2011 |
| 1. |
Net Sales/Income from
Operations |
172.26 |
87.46 |
286.16 |
167.93 |
357.75 |
| 2. |
Other Income |
14.60 |
0.72 |
17.13 |
5.23 |
8.07 |
| 3. |
Total
Income (1+2) |
186.86 |
88.18 |
303.29 |
173.16 |
365.82 |
|
4. |
Expenditure:
a)
Employees Cost
b)
Depreciation
c) Other Expenditure
d)
Total |
87.53
6.69
35.24
129.46 |
44.61 5.65 29.03 79.29 |
156.09
12.98
65.23
234.30 |
96.22
11.15
45.10
152.47 |
209.75
22.91
93.86
326.52 |
| 5. |
Interest |
0.08 |
0.14 |
0.17 |
0.31 |
0.55 |
| 6. |
Exceptional
items |
-- |
-- |
-- |
-- |
-- |
|
7. |
Profit (+) /(Loss) (-) from Ordinary Activities
before tax (3) - (4+5+6) |
57.32 |
8.75 |
68.82 |
20.38 |
38.75 |
| 8. |
Tax
Expense |
10.20 |
-- |
10.20 |
-- |
-- |
| 9. |
Net
Profit (+) / (Loss) (-) from Ordinary Activities after tax, before Minority Interest (7-8) |
47.12 |
8.75 |
58.62 |
20.38 |
38.75 |
| 10. |
Extraordinary
items (net of tax expense) |
-- |
-- |
-- |
-- |
-- |
| 11. |
Minority Interest |
-- |
-- |
-- |
-- |
-- |
| 12. |
Net Profit
(+) / (Loss) (-) for the period (9-10-11) |
47.12 |
8.75 |
58.62 |
20.38 |
38.75 |
| 13. |
Paid-up Equity Share
Capital
(Face value Rs. 10/- per share) |
1087.87 |
1087.87 |
1087.87 |
1087.87 |
1087.87 |
| 14. |
Reserves excluding Revaluation Reserves as at 31.03.2011 |
-- |
-- |
-- |
-- |
236.33 |
|
15. |
EPS (in Rs.) Basic
and Diluted (not annualized) |
0.43 |
0.08 |
0.54 |
0.19 |
0.36 |
|
16. |
Public shareholding
a) No. of shares
b) % of shareholding |
62,62,079
57.56 |
62,67,079
57.61 |
62,62,079 57.56 |
62,67,079 57.61 |
62,67,079 57.61 |
| 17. |
Promoters
and Promoter group Shareholding
a)
Pledged/Encumbered
No. of Shares
Percentage of shares (as a % of
the total shareholding of promoter
and promoter group)
Percentage of shares (as a % of
the total share capital of the
Company)
b)
Non-encumbered
No. of Shares
Percentage of shares (as a % of
the total shareholding of promoter
and promoter group)
Percentage of shares (as a % of
the total share capital of the
Company) |
0 0 0 NIL 0 NIL 0 0 NIL 0 0 46,16,669 100.00 0 0 42.44 0 0 |
0 0 0 NIL 0 NIL 0 0 NIL 0 0 46,11,669 100.00 0 0 42.39 0 0 |
0 0 0 NIL 0 NIL 0 0 NIL 0 0 46,16,669 100.00 0 0 42.44 0 0 |
0
0
0 NIL
0 NIL
0
0 NIL
0
0
46,11,669
100.00
0
0
42.39
0
0 |
0 0 0 NIL 0 NIL 0 0 NIL 0 0 46,11,669 100.00 0 0 42.39 0 0 |
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STATEMENT OF ASSETS AND LIABILITIES |
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Particulars
|
Standalone
|
Consolidated |
|
30.09.2011 Unaudited |
30.09.2010 Unaudited |
30.09.2011 Unaudited |
30.09.2010 Unaudited |
|
1. Shareholders' Fund
a) Share Capital
b) Reserves and Surplus
2.
Minority Interest
|
1087.87
236.34
--
0 |
1087.87
236.34
--
0 |
1087.87
236.34
311.09
0 |
1087.87
236.34 259.89
0 |
|
Total |
1324.21 |
1324.21 |
1635.30 |
1584.10 |
|
3. Fixed Assets
4. Investments
5. Current Assets, Loans and Advances
a) Sundry Debtors
b) Cash and Bank Balances
in Current
Accounts
c) Deposits in Schedule Banks
d) Loans and Advances
Less: Current Liabilities and Provisions
Net Current Assets
6. Profit and Loss Account
|
130.62
194.80
0
333.47
15.73
0
121.09
56.62
38.78
488.13
510.66
|
118.95
194.80
0
228.76
41.80
0
128.85
46.49
23.50
422.40
588.06
|
145.18
0.17
0
1200.44
415.56
0
121.09
205.29
654.79
1287.59
202.36
|
136.25
0.17
0
850.60
313.25
0
128.85
222.50
396.45
1118.75
328.93
|
|
Total |
1324.21 |
1324.21 |
1635.30 |
1584.10 |
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SEGMENT - WISE REVENUE AND RESULTS
|
| (Rs. in lakhs) |
|
Particulars
|
Quarter ended
Unaudited |
Haly-Year ended
Unaudited |
Year ended
Audited |
|
30.09.2011 |
30.09.2010 |
30.09.2011 |
30.09.2010 |
31.03.2011 |
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1. Segment Revenue (net sale /
income) |
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|
a) Software Development & Services
b) I T Enabled Services
Total
Less:
Inter Segment Revenue
|
168.34
3.92
172.26 -- |
85.92
1.54
87.46 -- |
279.98
6.18
286.16 -- |
165.08
2.85
167.93 -- |
349.71
8.04
357.75
-- |
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Net
Sales / Income from Operations |
172.26 |
87.46 |
286.16 |
167.93 |
357.75 |
|
2. Segment
Results Profit (+) / (Loss) (-) before Tax and Interest |
|
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a) Software Development & Services
b) I T Enabled Services
Total
Less:
(i) Interest
(ii) Other Un-allocable Expenditure
net of un-allocable income
|
48.24
1.25
49.49
0.08
(7.91) |
13.48
0.34
13.82
0.14
4.93 |
63.34
1.50
64.84
0.17
(4.15) |
26.16
0.45
26.61
0.31
5.92 |
53.24
0.90
54.14
0.55
14.84 |
|
Total Profit (+) / (Loss)
(-) Before Tax |
57.32 |
8.75 |
68.82 |
20.38 |
38.75 |
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Notes: |
| 1. |
The above Unaudited Financial Results for the quarter
and half-year ended September 30, 2011 have been reviewed by
the Audit Committee and approved by the Board of Directors at
the meeting held on November 7, 2011. In compliance with clause 41 of the listing
agreement with the Stock Exchange, the Unaudited
Financial Results of the Standalone Company will be subjected
to "Limited Review" by the Statutory Auditors.
|
| 2. |
There were no investors' complaints pending
at the beginning and end of the quarter. During the quarter, no
Complaint was received.
|
| 3. |
The Company believes that it is currently not
practical to provide segmentwise disclosures relating to total
assets and liabilities.
|
| 4. |
The corresponding previous periods' figures
have been regrouped / reclassified wherever necessary.
|
| for Saven
Technologies Limited |
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| Place : Hyderabad |
Murty Gudipati |
| Date : November 7, 2011 |
Executive Director |
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