Avantel Ltd's Q3FY25 Quarter Results
- 1d ago
Result Summary
- Avantel Ltd reported a 8.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 19.3%.
- Its expenses for the quarter were down by 8.0% QoQ and up 13.6% YoY.
- The net profit decreased 12.3% QoQ and increased 23.0% YoY.
- The earnings per share (EPS) of Avantel Ltd stood at 0.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 71.19 | 77.91 | 59.68 | -8.6% | 19.3% |
Total Expenses | 42.70 | 46.41 | 37.59 | -8.0% | 13.6% |
Profit Before Tax | 28.49 | 31.50 | 22.09 | -9.6% | 29.0% |
Tax | 8.40 | 8.60 | 5.77 | -2.3% | 45.6% |
Profit After Tax | 20.08 | 22.90 | 16.32 | -12.3% | 23.0% |
Earnings Per Share | 0.80 | 0.90 | 0.70 | -11.1% | 14.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Avantel Ltd is a company known for its involvement in the technology and telecommunications sector. The company specializes in the design and manufacture of advanced satellite communication systems, offering a range of products including wireless communication solutions, GPS-based systems, and other related technologies. Avantel is recognized for its role in providing communication solutions to the defense sector, maritime industry, and other commercial segments. As of now, there is no specific information available regarding recent major developments within the company, such as new product launches or strategic partnerships.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Avantel Ltd reported a total income of ₹71.19 crores. This represents a decrease of 8.6% from the previous quarter (Q2FY25), which saw a total income of ₹77.91 crores. However, when compared to the same quarter in the previous year (Q3FY24), there is a significant year-over-year increase of 19.3%, up from ₹59.68 crores. This upward trend in annual comparison suggests that the company has experienced growth in its revenue streams over the past year despite the quarterly decline.
Profitability
The profitability of Avantel Ltd for Q3FY25 is illustrated by the Profit Before Tax (PBT) and Profit After Tax (PAT) figures. The PBT for the quarter is ₹28.49 crores, which marks a decline of 9.6% from the previous quarter's PBT of ₹31.50 crores. On a year-over-year basis, there is a notable increase of 29.0% from the Q3FY24 PBT of ₹22.09 crores. The PAT for Q3FY25 stands at ₹20.08 crores, down 12.3% from ₹22.90 crores in Q2FY25, but up 23.0% from ₹16.32 crores in Q3FY24. The company's tax expenses for the quarter were ₹8.40 crores, showing a slight decrease of 2.3% from ₹8.60 crores in Q2FY25, yet a significant increase of 45.6% compared to ₹5.77 crores in Q3FY24.
Operating Metrics
Earnings Per Share (EPS) for Avantel Ltd in Q3FY25 is recorded at ₹0.80, reflecting an 11.1% decrease from ₹0.90 in Q2FY25, but a 14.3% increase compared to ₹0.70 in Q3FY24. These EPS figures provide insight into the company's profitability on a per-share basis, indicating fluctuations across different time periods. The total expenses for Q3FY25 were ₹42.70 crores, which is a reduction of 8.0% from ₹46.41 crores in Q2FY25 and an increase of 13.6% from ₹37.59 crores in Q3FY24. The reduction in quarterly expenses and the increase in yearly expenses highlight varying cost management dynamics over time.
