India's Avantel jumps on quarterly profit rise

Avantel

13/07/2026 06:24

** Shares of Avantel AVAN.NS rise as much as 9.8%; trims gains, shares last up 3.2% at 185.9 rupees
    ** Satellite communication services provider's June-qtr net profit rises 64.7% to 53.9 million rupees  ($562,953.68)
** June-qtr total rev from operations up 35.3%
** More than 19.2 million shares change hands vs 30-day avg of 2.6 million shares
** YTD, stock up 16.5%


($1 = 95.7450 Indian rupees)

 (Reporting by Mridula Kumar in Bengaluru)
 ((Mridula.Kumar@thomsonreuters.com;))