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Avantel Ltd share price softened by 0.62% to Rs 135.7. The Company`s net profit saw a strong growth of 26.35% to Rs 6.81 crore, while revenue from operations improved marginally 5.68% to Rs 74.42 crore in Q3FY26 over Q2FY26. The market capitalization of Aerospace & Defense industry group stocks on BSE stood at Rs 8.31 lakh crore, tumbling by 49.14%. It has eased by 3.44% over last one week and eased lower by 1.42% in last one month while the market capitalization of Avantel Ltd has slipped by 10.61% and 15.80% in the same period respectively. Profit before tax (PBT) of Avantel Ltd stood at Rs 9.63 crore in Q3 FY26, surging by 54.82% year-on-year, and rising by 10.69% quarter-on-quarter. EBITDA came in at Rs 21 crore, expanding by 97.41% YoY and jumping 18.72% sequentially. Total expenses posted a minor rise of 3.74% to Rs 62.34 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 47.37 crore, soaring by 86.13% YoY, while employee benefits expense was at Rs 12.37 crore, falling 7.48% YoY. For the TTM ended FY26, revenue from operations dropped by 10.54% to Rs 222.87 crore, while net profit tanked by 73.44% to Rs 14.99 crore, compared to previous TTM. EBITDA jumped by 9799% to Rs 45.41 crore, and PBT tumbled by 68.98% to Rs 24.64 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 10.05 crore in FY26, as against Rs 49.89 crore in FY25. Avantel Ltd plunged by 21.79% in last one year, underperforming the benchmark BSE Sensex which has declined by 13.18% during the same period.

Avantel Ltd share price softened by 3.91% to Rs 136.55. The Company`s net profit jumped 26.35% to Rs 6.81 crore, while revenue from operations slightly gained 5.68% to Rs 74.42 crore in Q3FY26 over Q2FY26. The market capitalization of Aerospace & Defense industry group stocks on BSE stood at Rs 8.31 lakh crore, tumbling by 49.14%. It has eased by 4.83% over last one week and softened by 2.75% in last one month while the market capitalization of Avantel Ltd has declined by 10.05% and 14.61% in the same period respectively. Profit before tax (PBT) of Avantel Ltd stood at Rs 9.63 crore in Q3 FY26, jumping 54.82% year-on-year, and heading higher 10.69% quarter-on-quarter. EBITDA came in at Rs 21 crore, surging by 97.41% YoY and rallying 18.72% sequentially. Total expenses inched up 3.74% to Rs 62.34 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 47.37 crore, soaring by 86.13% YoY, while employee benefits expense was at Rs 12.37 crore, dropping 7.48% YoY. For the TTM ended FY26, revenue from operations dropped by 10.54% to Rs 222.87 crore, while net profit witnessed a sharp fall of 73.44% to Rs 14.99 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 9799% to Rs 45.41 crore, and PBT plunged by 68.98% to Rs 24.64 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 10.05 crore in FY26, as against Rs 49.89 crore in FY25. Avantel Ltd tumbled by 24.27% in last one year, underperforming the benchmark BSE Sensex which has slipped by 13.52% during the same period.

Avantel Limited announced that its board approved the merger of its wholly-owned subsidiary, Imeds Global Private Limited, into Avantel Limited, subject to approval from the National Company Law Tribunal and other relevant authorities. The merger is intended to rationalize the group structure and improve operational efficiency. Additionally, the board appointed Mr. Nimmagadda Sreenivasa Rao as an additional director, designated as Director (Technical), for a term of three years. Imeds Global Private Limited reported revenue of Rs 160.32 crore and a net worth of Rs 2,182.83 crore as of March 31, 2026, while Avantel Limited reported revenue of Rs 22,135.23 crore and a net worth of Rs 35,650.45 crore for the same period.

Avantel Limited announced that its board approved the merger of its wholly-owned subsidiary, Imeds Global Private Limited, into Avantel Limited, subject to approval from the National Company Law Tribunal. The merger is intended to rationalize the group structure and improve operational efficiency. Additionally, the board appointed Nimmagadda Sreenivasa Rao as an additional director, designated as Director (Technical), for a term of three years. Imeds Global Private Limited reported revenue of 160.32 million rupees and a net worth of 2,182.83 million rupees as of March 31, 2026, while Avantel Limited reported revenue of 22,135.23 million rupees and a net worth of 35,650.45 million rupees for the same period.

Avantel Limited will hold a board meeting on Monday, October 26, 2026, to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Limited. The company has closed its trading window for securities dealings from October 1, 2026, and it will remain closed until 48 hours after the financial results are declared.