Avantel Ltd

The key equity barometers traded with limited losses in the morning trade as investor sentiment turned risk-averse following the escalation of the US-Iran conflict, which heightened geopolitical uncertainties and stoked concerns over rising inflationary pressures. Reflecting the broad-based weakness, the Nifty slipped below the 24,150 mark. Market participants will closely monitor further developments in the US-Iran conflict, movements in crude oil prices, the ongoing Q1 earnings season and corporate business updates, as well as the progress of the southwest monsoon for cues on market direction. Metal shares witnessed profit booking after gaining over the previous two trading sessions. At 10:25 IST, the barometer index, the S&P BSE Sensex declined 248.96 points or 0.32% to 77,320.43. The Nifty 50 index fell 79.20 points or 0.33% to 24,127.70. In the broader market, the BSE 150 MidCap Index fell 0.23% and the BSE 250 SmallCap Index rose 0.17%. The market breadth was strong. On the BSE, 2,090 shares rose and 1,766 shares fell. A total of 243 shares were unchanged. Buzzing Index: The Nifty Metal index declined 0.71% to 12,598.45. The index jumped 1.77% in the past two trading sessions. Tata Steel (down 1.77%), Jindal Steel (down 1.45%), Hindustan Zinc (down 1.15%), Jindal Stainless (down 1.11%) and Vedanta (down 1.03%) were the top losers. Among the other losers were Steel Authority of India (down 1.02%), NMDC (down 0.92%), APL Apollo Tubes (down 0.8%), JSW Steel (down 0.64%) and Hindustan Copper (down 0.59%) declined. Stocks in Spotlight: Avantel added 2% after the company reported a 67.39% year-on-year increase in consolidated net profit to Rs 5.39 crore in Q1 FY27, compared with Rs 3.22 crore in Q1 FY26. Revenue from operations rose 35.65% year-on-year to Rs 70.42 crore in Q1 FY27. Avenue Supermarts (Dmart) declined 2.42%. The company reported an 11.33% increase in consolidated net profit to Rs 860.61 crore for the first quarter of FY27, compared with Rs 772.97 crore in the corresponding quarter last year. Revenue from operations rose 14.88% to Rs 18,794.53 crore in Q1 FY27 as against Rs 16,359.70 crore in Q1 FY26. L&T Finance advanced 1.98% after the company reported a 28.72% year-on-year (YoY) increase in consolidated net profit to Rs 902.47 crore for the quarter ended 30 June 2026 (Q1 FY27), compared with Rs 701.10 crore in the corresponding quarter last year. Total revenue from operations jumped 22.38% YoY to Rs 5,212.92 crore in Q1 FY27.Powered by Capital Market - Live

Revenue from operations rose 35.65% year-on-year to Rs 70.42 crore in Q1 FY27. Profit before tax (PBT) stood at Rs 8.69 crore in Q1 FY27, up 63.96% compared with Rs 5.30 crore reported in Q1 FY26. Total expenses increased 32.56% YoY to Rs 61.84 crore in Q1 FY27. Cost of materials consumed stood at Rs 25.44 crore (up 207.24% YoY), while employee benefit expenses rose 32.40% YoY to Rs 13.36 crore during the period under review. On a segmental basis, revenue from communications and signal processing products stood at Rs 70.23 crore, registering a 35.37% year-on-year growth. Revenue from the healthcare segment was Rs 0.30 crore, registering a 328.57% year-on-year surge 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 rose 66.87% to Rs 5.39 crore in the quarter ended June 2026 as against Rs 3.23 crore during the previous quarter ended June 2025. Sales rose 35.66% to Rs 70.42 crore in the quarter ended June 2026 as against Rs 51.91 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales70.4251.91 36 OPM %24.7520.13 - PBDT15.809.70 63 PBT8.705.30 64 NP5.393.23 67 Powered by Capital Market - Live

Avantel will hold a meeting of the Board of Directors of the Company on 11 July 2026.

Avantel has received an order worth Rs 83.80 crore from Zetwerk Manufacturing Businesses for the supply of satellite communication equipment.

The contract includes a warranty period of 24 months. According to the company, the project is scheduled to be completed by December 2028. 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 reported a 21.5% year-on-year decline in consolidated net profit to Rs 4.77 crore in Q4 FY26, compared with Rs 6.08 crore in Q4 FY25. Revenue from operations rose 29.6% year-on-year to Rs 63.83 crore in Q4 FY26. Powered by Capital Market - Live

Avantel has received a contract valued Rs 9.94 crore from the Defence Research and Development Organisation (DRDO), Ministry of Defence, Government of India, for the Development and Testing of Satellite Terminals for GSAT.

Avantel has received a contract valued at Rs 28.20 crore from Coast Guard Headquarters, New Delhi, for the supply, installation, commissioning, and annual comprehensive maintenance of satcom products.

Avantel has received additional order worth Rs 1.92 crore from Bharat Electronics over an above the existing order value of Rs 11.04 crore for supply of power amplifiers.

Revenue from operations rose 29.6% year-on-year to Rs 63.83 crore in Q4 FY26. Profit before tax (PBT) stood at Rs 7.32 crore in Q4 FY26, down 13.8% compared with Rs 8.49 crore reported in Q4 FY25. Total expenses increased 39.6% YoY to Rs 57.61 crore in Q4 FY26. Cost of materials consumed stood at Rs 26.51 crore (up 115% YoY), while employee benefit expenses rose 9.7% YoY to Rs 14.61 crore during the period under review. On a segmental basis, revenue from communications and signal processing products stood at Rs 64.15 crore, registering a 29.28% year-on-year growth. Revenue from the healthcare segment was Rs 0.78 crore, registering a 528% year-on-year surge during the quarter. Meanwhile, the board has recommended a final dividend of Re 0.20 per equity share of face value Rs 2 each (10%) for FY26, subject to shareholders' approval at the ensuing AGM. 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.