Results - Announcements
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.