Avantel Limited , a company specializing in communications and signal processing products, has released its unaudited financial results for the second quarter and half-year ended September 30, 2025. The results show a mixed performance across segments, with a notable decline in revenue compared to the same period last year.

Key Financial Highlights

Segment-wise Performance

Avantel Limited operates in two primary segments:

1. Communications and Signal Processing Products: This segment remains the company's core business, contributing significantly to the overall revenue.

2. Healthcare Services: A relatively new venture for the company, which reported losses during the quarter.

Consolidated Results

On a consolidated basis, Avantel Limited reported the following figures for Q2 FY26:

• Revenue from operations: ₹5,541.83 lakhs (compared to ₹7,742.03 lakhs in Q2 FY25)
• Net profit: ₹426.63 lakhs (compared to ₹2,289.90 lakhs in Q2 FY25)

The healthcare segment reported losses of ₹190.39 lakhs for the quarter, impacting the overall consolidated performance.

Half-Year Performance

For the half-year ended September 30, 2025, Avantel Limited's standalone revenue stood at ₹10,696.05 lakhs, compared to ₹12,890.28 lakhs in the corresponding period of the previous year.

Employee Stock Options and Expenses

During the quarter, Avantel Limited allotted 7,600 equity shares under its Employee Stock Option Plan 2023. The company's employee benefit expenses included ₹177.57 lakhs related to ESOP for the quarter.

Balance Sheet and Cash Flow

As of September 30, 2025, Avantel Limited's consolidated balance sheet showed:

• Total assets: ₹38,890.14 lakhs
• Total equity: ₹32,364.01 lakhs (Equity share capital: ₹5,299.45 lakhs, Other equity: ₹27,064.56 lakhs)

The company's cash and cash equivalents stood at ₹380.43 lakhs at the end of the half-year.

Segment-wise Assets and Liabilities

While Avantel Limited continues to focus on its core competencies in communications and signal processing products, the company faces challenges in its healthcare segment.

Investors and stakeholders should note that these results are unaudited and subject to limited review by the company's statutory auditors. It's advisable to consider these financial results in conjunction with broader market trends and the company's long-term strategies when making investment decisions.

Avantel Limited has announced significant new contracts, bolstering its position in the defense technology sector. The company has received two separate purchase orders: one worth Rs. 3.95 crore (including taxes) from the Material Organisation, Indian Navy, Mumbai for the supply of Satcom Systems, and another worth Rs. 8.82 crore (excluding taxes) from Bharat Electronics Limited for the supply of Power Amplifiers.

Contract Details

Indian Navy Order

The order from the Indian Navy specifies the following key terms:

Bharat Electronics Limited Order

The order from Bharat Electronics Limited includes the following details:

Project Scope and Implications

The Indian Navy contract involves the manufacturing and supply of Satcom Systems, highlighting Avantel's expertise in satellite communication technologies for defense applications. This order reinforces the company's ongoing relationship with the Indian Navy and its role in supporting India's naval capabilities.

The Bharat Electronics Limited order focuses on the supply of Power Amplifiers, further demonstrating Avantel's capabilities in producing critical electronic components for defense applications.

Company Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Avantel Limited has officially disclosed this information to the stock exchanges. The company has confirmed that both contracts do not involve any related party transactions and that there is no interest from the promoter or promoter group in the awarding entities.

About Avantel Limited

Avantel Limited, with its corporate office in Hyderabad and manufacturing units in Visakhapatnam and Hyderabad, is known for its advanced technological solutions. The company holds AS 9100D and ISO 9001:2015 certifications, indicating its commitment to quality in aerospace and defense manufacturing.

These new orders underscore Avantel's continued growth in the defense sector and its ability to secure significant contracts with key national security organizations and defense public sector undertakings.