TECH NEWS

Avantel's Q1 Revenue Grows 35% as Defence, Space Demand Boost Earnings

Avantel posted strong Q1 FY27 results with revenue up 35% and PAT rising 65%, supported by growing demand for defence communications and space technologies.

Defence communications and satellite technology company Avantel Limited reported a strong start to FY27, posting a 35.27% year-on-year increase in revenue and a 64.94% jump in net profit, reflecting sustained demand for defence electronics and satellite communication systems.

For the quarter ended June 30, 2026, the company reported revenue from operations of ₹70.12 crore, compared with ₹51.84 crore in the corresponding quarter last year.

Profit after tax (PAT) rose to ₹7.62 crore, up from ₹4.62 crore a year earlier. EBITDA increased 68.95% year-on-year to ₹19.26 crore, while profit before tax (PBT) grew 62.99% to ₹10.92 crore.

Q1 FY27 Financial Performance

Avantel's key financial metrics for the quarter were:

Revenue from operations: ₹70.12 crore, up 35.27% from ₹51.84 crore in Q1 FY26
EBITDA: ₹19.26 crore, up 68.95%...

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