Avantel Bags Rs 8.03 Cr BEL Order amid Q2 Profit Drop

Avantel has declared that it has obtained a purchase order totaling Rs 8.03 crore from Bharat Electronics for delivering power amplifiers.

As per an exchange filing, the execution of the order is set for March 2026. In accordance with the order's conditions, the performance bank guarantee is established at 5%.

Avantel specializes in the design, development, and maintenance of wireless and satellite communication products, defense electronics, radar systems, and the creation of network management software applications primarily for clients in the aerospace and defense industries.

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The company's consolidated net profit plummeted 81.39% to Rs 4.26 crore in Q2 FY26, down from Rs 22.89 crore in Q2 FY25. Revenue from operations fell 28.42% year on year to Rs 55.41 crore in Q2 FY26. Bharat Electronics (BEL) is a Navratna public sector undertaking within the Ministry of Defence, Government of India.

It produces electronic systems and products for the army, navy, and air force. The company's consolidated net profit surged 17.87% to Rs 1,287.77 crore due to a 25.78% increase in revenue from operations, reaching Rs 5,792.09 crore in Q2 FY26 compared to Q2 FY25