Avantel gains as Q1 PAT jumps 67% YoY to Rs 5-cr
Mumbai, July 13 -- Revenue from operations rose 35.65% year-on-year to Rs 70.42 crore in Q1 FY27.
Profit before tax (PBT) stood at Rs 8.69 crore in Q1 FY27, up 63.96% compared with Rs 5.30 crore reported in Q1 FY26.
Total expenses increased 32.56% YoY to Rs 61.84 crore in Q1 FY27. Cost of materials consumed stood at Rs 25.44 crore (up 207.24% YoY), while employee benefit expenses rose 32.40% YoY to Rs 13.36 crore during the period under review.
On a segmental basis, revenue from communications and signal processing products stood at Rs 70.23 crore, registering a 35.37% year-on-year growth. Revenue from the healthcare segment was Rs 0.30 crore, registering a 328.57% year-on-year surge during the quarter.
Avantel is engaged in the busin...
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