Avantel shares jump 10% after Q1 profit surges 67% YoY, revenue climbs 36%

Avantel reported a strong Q1 FY26, with consolidated revenue rising 36% YoY to Rs 70.42 crore and net profit jumping 67% YoY to Rs 5.39 crore. Sequentially, revenue grew 10% QoQ and profit rose 13% QoQ, driven by its core Communications and Signal Processing Products segment. Shares surged around 10% intraday to Rs 197.77, with FII stake rising from 0.55% to 1.54% during the quarter.