Avantel has received a purchase order of Rs 2.29 crore from Bharat Electronics. Powered by Capital Market - Live News

Avantel announced that the 34th Annual General Meeting (AGM) of the company will be held on 30 May 2024.Powered by Capital Market - Live News

Net profit of Avantel rose 26.17% to Rs 12.15 crore in the quarter ended March 2024 as against Rs 9.63 crore during the previous quarter ended March 2023. Sales declined 20.50% to Rs 41.76 crore in the quarter ended March 2024 as against Rs 52.53 crore during the previous quarter ended March 2023.For the full year,net profit rose 95.79% to Rs 52.55 crore in the year ended March 2024 as against Rs 26.84 crore during the previous year ended March 2023. Sales rose 45.27% to Rs 224.37 crore in the year ended March 2024 as against Rs 154.45 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales41.7652.53 -21 224.37154.45 45 OPM %43.4634.51 -36.4630.31 - PBDT18.3116.72 10 79.0442.44 86 PBT15.8515.19 4 71.5436.67 95 NP12.159.63 26 52.5526.84 96 Powered by Capital Market - Live News

Avantel announced that the Board of Directors of the Company at its meeting held on 25 April 2024, has recommended a Final dividend of Rs.0.20 per share (i.e.10%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Avantel will hold a meeting of the Board of Directors of the Company on 25 April 2024.Powered by Capital Market - Live News