Results - Announcements
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.