Avantel Share Price

Telecom Equipment company Avantel announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: The company reported consolidated revenue of Rs 7,042.16 lakh in Q1FY27, marking a YoY growth of 35.65% compared to Rs 5,191.28 lakh in Q1FY26. On a QoQ basis, it grew by 10.33% from Rs 6,382.55 lakh in Q4FY26. For FY26, revenue stood at Rs 22,287.24 lakh. Total Income: Reached Rs 7,054.24 lakh in Q1FY27, reflecting an increase of 35.77% YoY (against Rs 5,195.80 lakh in Q1FY26) and an 8.64% rise QoQ (against Rs 6,492.99 lakh in Q4FY26). Total income for FY26 was Rs 22,534.47 lakh. Profit Before Tax: Achieved Rs 869.89 lakh in Q1FY27, showing a 64.06% YoY growth from Rs 530.24 lakh in Q1FY26, and an 18.90% QoQ jump from Rs 731.65 lakh in Q4FY26. The profit before tax for FY26 was Rs 2,463.78 lakh. Net Profit for the Period: Stood at Rs 539.46 lakh in Q1FY27, representing a 67.17% YoY increase from Rs 322.71 lakh in Q1FY26, and a 12.98% QoQ growth compared to Rs 477.47 lakh in Q4FY26. For FY26, the net profit was Rs 1,499.38 lakh. Total Comprehensive Income: Reported at Rs 539.46 lakh in Q1FY27, achieving a YoY growth of 67.17% (from Rs 322.71 lakh in Q1FY26) and a QoQ rise of 16.65% (from Rs 462.45 lakh in Q4FY26). For FY26, it amounted to Rs 1,484.36 lakh. Earnings Per Share (EPS): Basic EPS stood at Rs 0.20 in Q1FY27, compared to Rs 0.32 in Q1FY26 and Rs 0.26 in Q4FY26. The Basic EPS for FY26 stood at Rs 2.43. Standalone Financial Highlights: Revenue from Operations: Posted at Rs 7,012.34 lakh in Q1FY27, registering a 35.28% YoY growth compared to Rs 5,183.65 lakh in Q1FY26. QoQ, revenue increased by 11.05% against Rs 6,314.66 lakh in Q4FY26. FY26 standalone revenue was Rs 22,135.23 lakh. Total Income: Reached Rs 7,023.89 lakh in Q1FY27, achieving a YoY growth of 35.38% (from Rs 5,188.17 lakh in Q1FY26) and a QoQ rise of 9.35% (from Rs 6,423.54 lakh in Q4FY26). FY26 total income was Rs 22,380.90 lakh. Profit Before Tax: Stood at Rs 1,092.20 lakh in Q1FY27, marking a YoY increase of 63.03% from Rs 669.93 lakh in Q1FY26 and a QoQ jump of 13.50% from Rs 962.25 lakh in Q4FY26. FY26 profit before tax was Rs 3,217.21 lakh. Net Profit for the Period: Reached Rs 761.77 lakh in Q1FY27, indicating a 64.74% YoY growth from Rs 462.40 lakh in Q1FY26 and an 8.02% QoQ increase from Rs 705.23 lakh in Q4FY26. FY26 net profit was Rs 2,249.97 lakh. Total Comprehensive Income: Amounted to Rs 761.77 lakh in Q1FY27, showing a YoY growth of 64.74% (from Rs 462.40 lakh in Q1FY26) and a QoQ increase of 10.37% (from Rs 690.22 lakh in Q4FY26). FY26 comprehensive income was Rs 2,234.96 lakh. Earnings Per Share (EPS): Basic EPS was Rs 0.29 in Q1FY27, an improvement from Rs 0.19 in Q1FY26 and stable compared to Rs 0.29 in Q4FY26. EPS for FY26 was Rs 0.92. Business Highlights: Segment-wise Performance: Communications and Signal Processing Products: Revenue stood at Rs 7,023.88 lakh in Q1FY27, recording a YoY growth of 35.38% (from Rs 5,188.16 lakh in Q1FY26) and a QoQ growth of 9.49% (from Rs 6,415.12 lakh in Q4FY26). The segment results (profit) improved to Rs 1,092.19 lakh in Q1FY27. Health Care: Revenue was reported at Rs 30.36 lakh in Q1FY27, showing significant YoY growth from Rs 7.64 lakh in Q1FY26, but a QoQ decline of 61.18% from Rs 78.20 lakh in Q4FY26. The segment recorded a loss of Rs 222.30 lakh in Q1FY27. Board Approvals & Management Restructuring: Approved the revision in remuneration of Mr. Abburi Siddhartha Sagar, Executive Director (Strategy & Business Development), from Rs 48.00 lakh per annum to Rs 55 lakh per annum, with effect from July 11, 2026. Recommended the re-appointment of Mr. Abburi Siddhartha Sagar as Executive Director for a further 5-year term commencing from March 8, 2027, to March 7, 2032. Approved the appointment of Mr. Peddi Bala Bhaskar Rao as Additional Director, designated as Director (Operations), for a 3-year term from July 11, 2026, to July 10, 2029. Recommended the re-appointment of Mr. Vyasabhattu Ramchander as Independent Director for a second consecutive 5-year term from May 6, 2027, to May 5, 2032. The Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee were reconstituted with immediate effect. Subsidiary Notes: iMeds Global Private Limited is maintained as a wholly-owned subsidiary of Avantel Limited. Its financial results were included in the consolidated financial statements but were deemed not material to the Group by the auditors. Result PDF

• Trendlyne
• 1 day 18 hours ago

Telecom Equipment company Avantel announced Q4FY26 & FY26 results Q4FY26 Standalone Financial Highlights: Revenue from Operations: Reported at Rs 6,314.66 lakh, representing a growth of 23.22% QoQ from Rs 5,124.52 lakh and an increase of 28.50% YoY from Rs 4,914.25 lakh. Total Income: Stood at Rs 6,423.54 lakh, up 24.35% QoQ from Rs 5,165.84 lakh and up 29.46% YoY from Rs 4,961.89 lakh. Net Profit: Reported at Rs 705.23 lakh, an increase of 51.42% QoQ from Rs 465.74 lakh and a slight decrease of 4.13% YoY compared to Rs 735.64 lakh. Earnings Per Share (EPS): Basic EPS stood at Rs 0.25 compared to Rs 0.17 QoQ and Rs 0.32 YoY. Dividend: The Board has recommended a final dividend of Rs 0.20 per equity share (10%) on a face value of Rs 2 each. Q4FY26 Consolidated Financial Highlights: Revenue from Operations: Reported at Rs 6,382.55 lakh, a growth of 23.42% QoQ from Rs 5,171.58 lakh and up 29.56% YoY from Rs 4,926.13 lakh. Total Income: Stood at Rs 6,492.99 lakh, an increase of 24.56% QoQ from Rs 5,212.91 lakh and 30.53% YoY from Rs 4,974.35 lakh. Net Profit: Reported at Rs 477.47 lakh, up 74.04% QoQ from Rs 274.35 lakh and down 21.52% YoY from Rs 608.43 lakh. Earnings Per Share (EPS): Basic EPS stood at Rs 0.17 compared to Rs 0.10 QoQ and Rs 0.26 YoY. FY26 Standalone Financial Highlights: Revenue from Operations: Rs 22,135.23 lakh for FY26, a decrease of 10.92% YoY compared to Rs 24,848.36 lakh in FY25. Total Income: Rs 22,380.90 lakh, showing a decline of 10.56% YoY from Rs 25,024.58 lakh. Net Profit: Reported at Rs 2,249.97 lakh, down 62.45% YoY compared to Rs 5,991.55 lakh in the previous year. Earnings Per Share (EPS): Basic and Diluted EPS for the year stood at Rs 0.82 compared to Rs 2.58 and Rs 2.36, respectively in FY25. Cash Flows: Net cash inflow from operating activities was Rs 2,032.75 lakh, a decline from Rs 5,009.53 lakh in the previous year. FY26 Consolidated Financial Highlights: Revenue from Operations: Reported at Rs 22,287.24 lakh for FY26, a decline of 10.54% YoY compared to Rs 24,912.62 lakh in FY25. Total Income: Stood at Rs 22,534.47 lakh, down 10.19% YoY from Rs 25,091.43 lakh. Net Profit: Reported at Rs 1,499.38 lakh, representing a decrease of 73.44% YoY compared to Rs 5,644.46 lakh in the previous year. Earnings Per Share (EPS): Basic EPS was Rs 0.55 for the year compared to Rs 2.44 in the previous year. Cash Flows: Net cash inflow from operating activities was Rs 1,004.81 lakh, a significant decrease from Rs 4,988.99 lakh YoY. Business Highlights: Segment Operations: The company continues to operate in two primary segments: Communications and signal processing products: Manufacturing of Wireless Front End, Satellite communication, Embedded Systems, Signal Processing, and Network Management. Health Care Services: Manufacturing of Disposable Skin Staplers, Removers, and Oxygen Concentrators. Customer Base: The principal customer of the company is an organization controlled by the Government of India. Borrowing Limits: The Board approved an enhancement of borrowing limits from Rs 200 crore to Rs 350 crore. Board Changes: The company appointed Dr. K. Tamilmani and Mr. Lakshminarasimha Acharyulu Muktevi as Additional Directors (Non-Executive – Independent) for a term of five years. Auditor Appointment: The Board recommended the appointment of M/s. Grandhy & Co., Chartered Accountants, as Statutory Auditors for five years. Subsidiary Info: Imeds Global Private Limited remains a wholly owned subsidiary of the company. Result PDF

• Trendlyne
• 2 months 2 weeks ago

Technology solutions provider Avantel on Wednesday said it has secured a contract worth Rs 459.9 crore to supply and maintain Real-Time Train Information System (RTIS) devices for the Centre for Railway Information Systems (CRIS). The contract was awarded by Bengaluru-based Zetwerk, an infrastructure and technology partner to the Indian Railways. It covers the supply and annual maintenance (AMC) of RTIS devices. "Avantel Limited, a provider of technology solutions for the defence and communication sectors, has received a rate contract valued at Rs 459.9 crore (excluding taxes) from Zetwerk, Bengaluru, for the supply and Annual Maintenance Contract (AMC) of Real-Time Train Information System (RTIS) devices for the Centre for Railway Information Systems (CRIS), Indian Railways," the company said in a statement. RTIS is an Indian Railways project developed in collaboration with the Indian Space Research Organisation (ISRO). It utilises satellite technology to automatically track train

• Business Standard
• 3 months 2 weeks ago