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* - Tentative Dates
The company intend to utilize the gross proceeds raised through the Issue:
Avantel Ltd.'s revenue increased by 11% and profit after tax (PAT) rose by 8% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 297.76 | 222.97 |
| Revenue | 250.25 | 225.22 |
| Profit After Tax | 59.57 | 55.08 |
| Net Worth | 0.00 | 0.00 |
| Reserves and Surplus | 0.00 | 0.00 |
| Total Borrowing | 0.00 | 0.00 |
| Amount in ₹ Crore | ||
Avantel Ltd offers innovative network-centric solutions for defence, including ships, submarines, aircraft, helicopters, etc.
The company offers system-based solutions in four key verticals, including Satellite communications, HF communications, Electronic Warfare, and Radar systems.