The order to manufacture Satcom Equipment – Airborne Version will be executed within a year by August 10, 2026. The purchase order will be supplied with 24 months’ warranty from the date of acceptance.
For the June quarter, Avantel’s net profit declined by over 56% from last year to ₹3.23 crore from ₹7.38 crore. Revenue from operations also remained flat at ₹51.9 crore, summarising a weak quarter for the company.
Avantel specializes in designing, developing, and manufacturing communication and radar systems, particularly for the aerospace and defense sectors. Its clientele include a mix of private organisations and government agencies such as the Indian Space Research Organisation (ISRO), Defence Research and Development Organisation (DRDO), Indian Railways, and Boeing, among others.
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In June 2025, the company bagged two orders worth ₹24.73 crore from domestic entities. This includes an order from DRDO’s Defence Electronics Applications Laboratory (DEAL) worth ₹13.67 crore to develop Software Defined Radios (SDRs) and an ₹11.06 crore order from Mazagon Dock Shipbuilders.
In February, Avantel secured an order worth ₹43.25 crore from NewSpace India Ltd (NSIL), the commercial arm of ISRO, to supply, install, and commission 45,252 transponder devices.
Shares of Avantel are currently trading 2.2% higher at ₹128.14. The stock is down 18% in the last one month.
