Avantel Ltd

Avantel has allotted 1,91,140 equity shares under ESOP on 28 January 2026. With this allotment, the paid up equity share capital has increased to 26,56,58,070 equity shares of Rs.2/- each aggregating to Rs.53,13,16,140/- Powered by Capital Market - Live

Revenue from operations declined 26.8% year-on-year to Rs 51.72 crore in Q3 FY26. Profit before tax (PBT) stood at Rs 5.82 crore in Q3 FY26, down 79.6% compared with the Rs 28.49 crore reported in Q3 FY25. Total expenses increased 8.43% YoY to Rs 46.31 crore in Q3 FY26. The cost of material consumed stood at Rs 23.38 crore (down 17.91% YoY), and employee benefit expense stood at Rs 13.50 crore (down 4.05% YoY) during the period under review. On a segmental revenue basis, revenue from communications and signal processing products stood at Rs 51.66 crore, registering a year-on-year decline of 27.17%. Revenue from the healthcare segment was Rs 0.47 crore, reflecting an 80.77% YoY jump during the quarter. 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, mainly from the aerospace and defence sectors.Powered by Capital Market - Live

Net profit of Avantel declined 86.35% to Rs 2.74 crore in the quarter ended December 2025 as against Rs 20.08 crore during the previous quarter ended December 2024. Sales declined 26.83% to Rs 51.72 crore in the quarter ended December 2025 as against Rs 70.68 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales51.7270.68 -27 OPM %24.2545.35 - PBDT11.1831.54 -65 PBT5.8228.49 -80 NP2.7420.08 -86 Powered by Capital Market - Live

Avantel will hold a meeting of the Board of Directors of the Company on 25 January 2026.Powered by Capital Market - Live

Avantel has received a purchase order worth Rs 11.19 crore from NewSpace India for supply, installation and commissioning of devices for Xponders. Powered by Capital Market - Live

According to an exchange filing, the order comprises the supply, installation, and commissioning of devices for Xponders. The execution of the contract is scheduled to be completed by July 2026. The company also stated that the purchase order was received via email on 7 January 2026. 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, mainly 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. Powered by Capital Market - Live

Avantel has received a purchase order of Rs 1.76 crore for supply of satcom products from Bharat Electronics. Powered by Capital Market - Live

Shares of Bharat Electronics (BEL) gained 1.22% to currently trade at Rs 402.55 on the BSE. The company said it has been awarded a domestic manufacturing contract by Bharat Electronics worth Rs 1.76 crore. The order is scheduled to be executed by July 2026. As part of the contract, a 5% performance bank guarantee has been stipulated. The company confirmed that neither the promoter nor promoter group has any interest in the awarding entity, and the order does not qualify as a related-party transaction. 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

The contract is scheduled to be executed by 1 January 2028. The company said the order carries a performance bank guarantee requirement of 5% as per the terms and conditions. It added that the contract has been awarded by a domestic entity and does not fall under related-party transactions, with neither the promoters nor promoter group entities having any interest in the awarding authority. 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, mainly 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. Shares of Avantel rose 0.25% to close at Rs 160.25 on the BSE.Powered by Capital Market - Live

Avantel has received a contract of Rs 4.16 crore for CAMC of Satcom Equipment's from Ministry of Defence, Headquarters Naval Aviation. Powered by Capital Market - Live