Avantel reports strong Q2 FY26 financial performance and growth

Avantel Limited's board of directors approved the unaudited standalone and consolidated financial results for Q2 and H1 FY26 on October 18, 2025. Standalone revenue from operations for Q2 FY26 was INR 5,512.40 Lakhs, contributing to a half-year total of INR 10,696.05 Lakhs, an increase from INR 12,890.28 Lakhs in the prior year's first half. Consolidated revenue for Q2 FY26 was INR 5,541.83 Lakhs, with a half-year total of INR 10,733.10 Lakhs, compared to INR 12,918.42 Lakhs in the previous year's first half.

The standalone net profit for Q2 FY26 was INR 617.02 Lakhs, leading to a half-year net profit of INR 1,080.20 Lakhs. Diluted earnings per share stood at INR 0.17 for Q2 FY26 and INR 0.40 for H1 FY26. Consolidated net profit for Q2 FY26 was INR 426.63 Lakhs, resulting in a half-year net profit of INR 750.11 Lakhs, with diluted earnings per share at INR 0.12 for Q2 FY26 and INR 0.93 for H1 FY26. Total standalone assets as of September 30, 2025, increased to INR 40,158.59 Lakhs from INR 29,775.65 Lakhs at March 31, 2025.

The consolidated assets also rose to INR 38,890.14 Lakhs as of September 30, 2025, from INR 29,004.66 Lakhs as of March 31, 2025. The company operates in two segments: communications and signal processing products, and health care services, with the former contributing the vast majority of revenue and assets. The results were reviewed by Grandhy & Co., Chartered Accountants.