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(15/07/2026 14:50)

Avantel Q1 net profit jumps 64.94% at Rs 7.62 cr

The company reported standalone net profit of Rs 7.62 crore for the quarter ended June 30, 2026 as compared to Rs 4.62 crore in the same period last year, registering a year-on-year growth of 64.94 per cent.

Net revenue of the company rose substantially by 35.26 per cent at Rs 70.12 crore in April-June quarter of this fiscal as against Rs 51.84 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 25.91 per cent to Rs 50.97 crore from Rs 40.48 crore in year ago period.

Other Income grew by 140.00 per cent at Rs 0.12 crore versus (Jun'25 Rs 0.05 crore).

Operating Profit surged by 68.57 per cent to Rs 19.15 crore as against Rs 11.36 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 24.65 per cent in June quarter.

Interest grew by 117.50 per cent y-o-y to Rs 1.74 crore, while Taxation increased by 58.65 per cent at Rs 3.30 crore (Jun'25 Rs 2.08 crore).

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