Avantel gains after Q2 PAT jumps 60% YoY to Rs 7 cr

Avantel advanced 2.76% to Rs 139.45 after the company reported a 59.56% year-on-year (YoY) increase in consolidated net profit to Rs 6.81 crore in Q2 FY27, compared with Rs 4.27 crore in Q2 FY26.

Revenue from operations rose 34.29% YoY to Rs 74.42 crore in Q2 FY27 from Rs 55.42 crore in Q2 FY26.

Profit before tax (PBT) stood at Rs 9.63 crore in Q2 FY27, up 54.90% compared with Rs 6.22 crore reported in Q2 FY26.

Total expenses increased 29.89% YoY to Rs 65.09 crore in Q2 FY27. The cost of materials consumed stood at Rs 47.37 crore (up 130.39% YoY), while employee benefit expenses declined 1.34% YoY to Rs 12.37 crore during the period under review.

On a segmental basis, revenue from communications and signal processing products stood at Rs 74.12 crore, registering a 32.27% year-on-year growth. Revenue from the healthcare segment stood at Rs 0.60 crore, registering a 105.47% 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.

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