Avantel Q1 FY26 Results: Revenue Flat, Profit Drops

What changed in Avantel’s June-quarter numbers

Avantel Ltd reported a mixed set of numbers for the quarter ended June 2025 (Q1 FY 2025-26), with revenue improving sequentially but profitability declining sharply. The company’s total income for the quarter was reported at ₹51.96 crore, a 23.1% quarter-on-quarter (QoQ) increase from ₹42.22 crore in the previous quarter. On a year-on-year (YoY) basis, total income was broadly flat, down 0.2% from ₹52.06 crore in the year-ago period.

The weaker profitability was largely reflected in the profit lines, with profit before tax and profit after tax both declining steeply versus the immediately preceding quarter and the year-ago quarter. Cost trends also moved unfavourably, with total expenses rising substantially on a QoQ basis.

Key quarterly highlights at a glance

The quarter featured a clear divergence between revenue movement and earnings delivery. Revenue recovery on a sequential basis did not translate into higher profits, as costs and operating pressures weighed on margins. The company reported earnings per share (EPS) of ₹0.10 for the quarter.

Separately, the dataset also includes a quarterly comparison table for “Quarter ended Jun 25” that lists operating income and net income, along with operating expenses and depreciation. While some figures and comparison bases differ across the provided tables and commentary, the direction across sources is consistent on one point: profits fell in the June quarter.

Revenue trend: QoQ rebound, YoY flat

For Q1 FY26, Avantel’s total income was stated at ₹51.96 crore. This was up 23.1% QoQ compared with ₹42.22 crore in Q4 FY25, indicating a rebound in business activity or billing versus the immediately previous quarter. However, YoY comparison shows a marginal decline of 0.2% against ₹52.06 crore in Q1 FY25, suggesting that the company’s topline remained largely stable over the last year.

In the “Quarterly - Avantel Q1 Results” table (all figures in ₹ crore), total revenue is listed at ₹51.91 crore for Jun 25, versus ₹63.83 crore for Mar 26 and ₹51.76 crore for Jun 24. In that table, the sequential and annual comparison percentages are presented alongside line items, reinforcing the message that revenue was near-flat versus the year-ago quarter.

Profitability: sharp fall in PBT and PAT

Avantel reported profit before tax (PBT) of ₹5.30 crore in Q1 FY26. This represented a 66.6% QoQ decline from ₹15.85 crore in Q4 FY25, and a 51.6% YoY decline from ₹10.96 crore in Q1 FY25.

Profit after tax (PAT) was ₹3.23 crore in Q1 FY26. This was down 73.4% from ₹12.15 crore in Q4 FY25, and down 56.2% from ₹7.38 crore in Q1 FY25. The sharp sequential drop is also reflected in the “Quarterly - Avantel Q1 Results” table, where net income is listed at ₹3.23 crore for Jun 25 versus ₹4.76 crore for Mar 26 and ₹7.38 crore for Jun 24.

Expenses and tax: higher cost base squeezes earnings

Total expenses for Q1 FY26 were reported at ₹46.66 crore, up 76.9% QoQ compared with ₹26.37 crore in Q4 FY25. On a YoY basis, expenses increased 13.5% from ₹41.10 crore in Q1 FY25.

The tax expense for the quarter stood at ₹2.08 crore. This was down 43.8% QoQ from ₹3.70 crore and down 41.9% YoY from ₹3.58 crore in Q1 FY25.

The quarterly table provided also breaks out operating cost items such as total operating expense (₹45.85 crore for Jun 25), depreciation/amortization (₹4.40 crore), and selling, general and administrative expenses (₹10.09 crore), offering additional context around where cost items were reported.

EPS and operating metrics in the dataset

EPS for Q1 FY26 was reported at ₹0.10, compared with ₹0.50 in Q4 FY25 and ₹0.30 in Q1 FY25. That corresponds to an 80.0% QoQ decline and a 66.7% YoY decline.

The “Quarterly - Avantel Q1 Results” table also lists diluted normalized EPS at ₹0.12 for Jun 25, compared with ₹0.17 for Mar 26 and ₹0.29 for Jun 24. While the EPS line differs by definition between the two places it appears (EPS vs diluted normalized EPS), both indicate lower per-share earnings compared to previous periods.

FY2024-25 context: record turnover and growth metrics

The dataset notes that Avantel recorded its “highest ever turnover” of ₹248.67 crore for the financial year 2024-25, along with an 11.07% increase in profit before tax. It also includes growth metrics showing revenue growth of +31% over 1 year (TTM) and a 3-year CAGR of +13%.

On profits, the same section lists profit growth of -22% over 1 year (TTM) and a 3-year CAGR of -18%, indicating that while revenue trends have been positive, profit trends in the recent trailing period have been weaker.

Stock price movement after the update

The dataset states Avantel’s share price moved up 0.45% from the previous close of ₹173.50. The last traded price was reported at ₹174.28. The move suggests a limited immediate reaction in the stock, even as quarterly profits showed a decline.

Results calendar: next key date

An “upcoming result date” is listed as 11 July 2026. Investors typically track such dates for management commentary, updated guidance (if any), and clarity on factors driving revenue and cost movements.

Summary table: Q1 FY26 versus prior periods (as provided)

Why this quarter matters for investors

For Avantel, Q1 FY26 highlights how quickly profitability can change when costs rise faster than revenue. The quarter showed a meaningful QoQ recovery in total income, but the earnings decline and expense jump dominated the result narrative.

The FY2024-25 turnover milestone of ₹248.67 crore provides a contrasting longer-term context, especially given the stated increase in profit before tax for that year. The next results cycle, scheduled for 11 July 2026, will be watched for evidence of stabilising margins and a clearer link between revenue growth and profit conversion.