Avantel specializes in providing strategic solutions to the Indian Defense Services and related establishments. It has developed and manufactured various radio components and unique products such as satellite communications, HF communications, electronic warfare, and radar systems. Currently, Avantel is working on expanding its portfolio by developing SCA-compliant software-defined radios, high-power HF systems, air defense radars, and small satellites.
The company had reported 23% increase in consolidated net profit to Rs 20.08 crore in Q3 FY25 as compared with Rs 16.32 crore posted in Q3 FY24. Revenue from operations rose 19.1% YoY to Rs 70.68 crore in the quarter ended 31 December 2024.
The counter fell 1.01% to settle at Rs 117.95 on Tuesday, 25 February 2025. The stock market is closed today on account of Mahashivratri.
0 mins read . Dec 18, 2024
0 mins read . Dec 18, 2024
0 mins read . Dec 18, 2024
