India's Avantel hits seven-month low after quarterly profit slump

Avantel

25/07/2025 06:31

** Shares of Avantel AVAN.NS fall as much as 5.6% to 139   rupees, lowest since January 2

** Communications and networking services provider posts a 56.3% Y/Y decline in June-qtr consol net profit; total rev from ops rises 0.3% Y/Y

** More than 1.3 mln shares change hands, 0.8x of 30-day avg

** Stock down 4.4% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))