Avantel

Avantel, UTI AMC, and Tejas Networks declined up to 13% after reporting disappointing quarterly results. Avantel fell over 13% following a 30% decline in consolidated sales and 63% drop in EBITDA, with margins falling to 23.7% from 45.7%. UTI AMC dropped 10% in its biggest single-day fall since 2020 listing, with revenue declining 23.5% quarter-over-quarter and market share losses across key segments. Tejas Networks lost over 8.5% after reporting its third consecutive quarterly loss of ₹307 crore, caused by lower revenue, manufacturing process losses, and delayed receipt of a ₹1,526 crore 4G purchase order for 18,000 sites.

Avantel Limited's Board approved unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2025. On a standalone basis, the company reported revenue from operations of Rs. 5,512.40 lakhs for Q2 FY26 compared to Rs. 7,725.08 lakhs in the same quarter last year, representing a decline. Net profit for the quarter stood at Rs. 617.02 lakhs versus Rs. 2,357.23 lakhs in the previous year. For the half year, standalone revenue was Rs. 10,696.05 lakhs against Rs. 12,890.28 lakhs in the corresponding period last year. On a consolidated basis, Q2 revenue was Rs. 5,541.83 lakhs compared to Rs. 7,742.03 lakhs in the prior year quarter, with net profit of Rs. 426.63 lakhs versus Rs. 2,289.90 lakhs. The company operates in two segments: communications and signal processing products, and healthcare services. The healthcare segment reported losses of Rs. 190.39 lakhs for the quarter. During the quarter, the company allotted 7,600 equity shares under its Employee Stock Option Plan 2023. Employee benefit expenses included Rs. 177.57 lakhs related to ESOP for the quarter.

Avantel Limited announced the inauguration of a new facility in E-City, Hyderabad, scheduled for October 2, 2025. The facility spans 4 acres with approximately 76,000 sq. ft. of built-up area and will focus on design, development, and manufacturing of Software Defined Radios and Radar Systems. It will also provide Assembly, Integration, and Testing facilities for Satellites, along with Ground Station as a Service capabilities. The company states this facility marks a significant milestone in their growth journey and is expected to enhance operational efficiency, foster innovation, and support their long-term business strategy.