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Hot Pursuit
12-Jun-23
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Avantel spurts on bagging order
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Avantel jumped 6.29% to Rs 636 after the company said it secured a contract worth of Rs 54.38 crore from the Ministry of Defence, Coast Guard Headquarters, New Delhi.
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The contract is for supplying SATCOM terminals and hub stations. The order is to be executed by September 2024.
Avantel specializes in providing strategic solutions to the Indian Defence Services and related establishments. It has developed and manufactured various radio components and unique products su ch 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 Defence Radars, and Small Satellites.
On a consolidated basis, net profit of Avantel rose 59.38% to Rs 9.69 crore on 12.46% rise in net sales to Rs 52.53 crore in Q4 March 2023 over Q4 March 2022.
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Previous News |
Avantel consolidated net profit rises 82.88% in the June 2023 quarter
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Results
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Announcements
13-Jul-23
13:58
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Avantel consolidated net profit rises 59.38% in the March 2023 quarter
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Results
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Announcements
13-Apr-23
14:06
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Avantel announces board meeting date
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Corporate News
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08-Jun-23
10:15
)
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Avantel Q4 PAT rises 7% YoY, board OKs 3:1 bonus issue
(
Hot Pursuit
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07-May-22
09:23
)
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Avantel standalone net profit rises 38.11% in the March 2021 quarter
(
Results
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Announcements
26-Apr-21
08:09
)
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Avantel receives order worth Rs 7.8 cr
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Corporate News
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26-Jul-21
14:03
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Avantel schedules board meeting
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Corporate News
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14-Jul-22
16:29
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Avantel reports standalone net profit of Rs 3.15 crore in the March 2019 quarter
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Results
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Announcements
08-May-19
14:14
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Avantel standalone net profit rises 283.87% in the September 2019 quarter
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Results
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Announcements
10-Oct-19
17:14
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Avantel to hold AGM
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Corporate News
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26-Apr-21
11:38
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Avantel standalone net profit declines 50.00% in the December 2014 quarter
(
Results
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Announcements
13-Jan-15
15:41
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