Revised outcome - Inclusion of the balancing figure note in the Financial Results
AVANTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Avantel Ltd has revised its Q4 and FY2026 financial results submitted on April 26, 2026, to address two technical issues raised by BSE: (1) a missing balancing figure note required under SEBI's prescribed format, and (2) discrepancies in the XBRL filing affecting standalone revenue, consolidated diluted EPS, and consolidated segment liabilities. The company clarified these revisions are purely technical with no impact on the reported financial performance. FY2026 standalone revenue was Rs 22,135.23 lakhs and net profit was Rs 2,234.96 lakhs. Consolidated revenue was Rs 22,287.24 lakhs with net profit of Rs 1,484.36 lakhs. The auditor issued an unmodified (clean) opinion. The company also disclosed strengthened review and validation controls to prevent future discrepancies.
The technical correction has no direct financial impact on shareholders. However, the underlying financial results show significant profit decline of approximately 63% in standalone and 74% in consolidated PAT year-on-year, which may concern investors.