News

Avantel announced the amendment to the purchase order from Bharat Electronics for supply of additional power amplifiers valued at Rs 3.01 crore above the existing order value of Rs 8.03 crore.

Avantel announced that the 36th Annual General Meeting(AGM) of the company will be held on 24 June 2026.

Avantel announced that the Board of Directors of the Company at its meeting held on 26 April 2026, inter alia, have recommended the final dividend of Rs 0.2 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

Net profit of Avantel declined 21.55% to Rs 4.77 crore in the quarter ended March 2026 as against Rs 6.08 crore during the previous quarter ended March 2025. Sales rose 29.58% to Rs 63.83 crore in the quarter ended March 2026 as against Rs 49.26 crore during the previous quarter ended March 2025.For the full year,net profit declined 73.44% to Rs 14.99 crore in the year ended March 2026 as against Rs 56.44 crore during the previous year ended March 2025. Sales declined 10.54% to Rs 222.87 crore in the year ended March 2026 as against Rs 249.13 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales63.8349.26 30 222.87249.13 -11 OPM %21.2923.57 -21.4837.13 - PBDT12.8811.43 13 44.7191.24 -51 PBT7.328.49 -14 24.6479.44 -69 NP4.776.08 -22 14.9956.44 -73 Powered by Capital Market - Live News

Avantel will hold a meeting of the Board of Directors of the Company on 26 April 2026.