Shares of Avantel jumped as much as 9.76% to hit an intraday high of Rs 197.77 during Monday’s trading session after the company delivered a strong performance for the June 2026 quarter, reporting 36% year-on-year (YoY) revenue growth and a 67% YoY spike in net profit.
According to the company’s regulatory filing, Avantel reported a strong performance in Q1 FY26, with consolidated revenue rising to Rs 70.42 crore from Rs 51 crore in the corresponding period last year, reflecting significant business growth. Net profit also jumped to Rs 5.39 crore from Rs 3.3 crore, highlighting improved operational efficiency and strong financial momentum.
