Avantel Ltd

Shares of Bharat Electronics added 1.39% to Rs 409.40 on the BSE. The contract is scheduled for execution by March 2026. The order requires a 5% Performance Bank Guarantee as part of its terms and conditions. The contract has been awarded by a domestic entity, and neither the promoters nor promoter group companies have any interest in the awarding entity. The deal does not fall under related-party transactions. This order marks a strategic addition to the company's manufacturing and defense-related project portfolio. Avantel is engaged in the business of designing, developing, and maintaining wireless and satellite communication products, defence electronics, radar systems, and the development of network management software applications for its customers, majorly from the aerospace and defence sectors. The company's consolidated net profit tanked 81.39% to Rs 4.26 crore in Q2 FY26, compared with Rs 22.89 crore in Q2 FY25. Revenue from operations declined 28.42% year on year to Rs 55.41 crore in Q2 FY26. Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. The company's consolidated net profit jumped 17.87% to Rs 1,287.77 crore on 25.78% rise in revenue from operations to Rs 5,792.09 crore in Q2 FY26 over Q2 FY25.Powered by Capital Market - Live

Avantel has received a purchase order worth Rs 17.55 crore for supply of communications systems from Bharat Electronics. Powered by Capital Market - Live

According to an exchange filing, the order is scheduled to be executed by March 2026. As per the terms of the order, the performance bank guarantee has been set at 5%. Avantel is engaged in the business of designing, developing, and maintaining wireless and satellite communication products, defence electronics, radar systems, and the development of network management software applications for its customers, majorly from the aerospace and defence sectors. The company's consolidated net profit tanked 81.39% to Rs 4.26 crore in Q2 FY26, compared with Rs 22.89 crore in Q2 FY25. Revenue from operations declined 28.42% year on year to Rs 55.41 crore in Q2 FY26. Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. The company's consolidated net profit jumped 17.87% to Rs 1,287.77 crore on 25.78% rise in revenue from operations to Rs 5,792.09 crore in Q2 FY26 over Q2 FY25. Shares of Avantel declined 2.76% to Rs 154.95, while Bharat Electronics slipped 1.61% to Rs 416.20. Powered by Capital Market - Live

Avantel has received a purchase order worth Rs 2.56 crore for supply of Antenna Switching Units from Bharat Electronics.Powered by Capital Market - Live

Revenue from operations declined 28.42% year on year to Rs 55.41 crore in Q2 FY26. Profit before tax (PBT) stood at Rs 6.21 crore in Q2 FY26, down 80.28% compared to Rs 31.50 crore reported in xQ2 FY25. Total expenses increased 7.97% YoY to Rs 50.11 crore in Q2 FY26. The cost of material consumed stood at Rs 20.56 crore (down 20.21% YoY), employee benefit expense stood at Rs 12.53 crore (down 22.07% YoY) during the period under review. On a segmental revenue basis, revenue from communications and signal processing products stood at Rs 56.03 crore, registering a year-on-year decline of 27.92%. Revenue from the healthcare segment was Rs 0.29 crore, reflecting a 81.24% YoY jump during the quarter. On a half year basis, the company's standalone net profit tanked 75.22% to Rs 7.50 crore on 16.91% decline in revenue from operations to Rs 107.33 crore in H1 FY26 over H1 FY25. Avantel is engaged in the business of designing, developing, and maintaining wireless and satellite communication products, defence electronics, radar systems, and the development of network management software applications for its customers, majorly from the aerospace and defence sectors. Powered by Capital Market - Live

Net profit of Avantel declined 81.35% to Rs 4.27 crore in the quarter ended September 2025 as against Rs 22.90 crore during the previous quarter ended September 2024. Sales declined 28.42% to Rs 55.42 crore in the quarter ended September 2025 as against Rs 77.42 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales55.4277.42 -28 OPM %20.4344.81 - PBDT10.9734.46 -68 PBT6.2231.50 -80 NP4.2722.90 -81 Powered by Capital Market - Live

Avantel will hold a meeting of the Board of Directors of the Company on 18 October 2025.Powered by Capital Market - Live

Avantel has received a purchase order worth Rs 3.95 crore for supply of satcom systems from Material Organisation, Indian Navy, Mumbai. Powered by Capital Market - Live

Avantel has received a purchase order of Rs 8.82 crore for supply of power amplifiers from Bharat Electronics. Powered by Capital Market - Live

Avantel has received a purchase order of Rs 12.51 crore for supply of satcom products from Bharat Electronics. Powered by Capital Market - Live