Avantel consolidated net profit rises 22.85% in the March 2022 quarter

Sales rise 60.70% to Rs 46.70 crore

Net profit of Avantel rose 22.85% to Rs 6.99 crore in the quarter ended March 2022 as against Rs 5.69 crore during the previous quarter ended March 2021. Sales rose 60.70% to Rs 46.70 crore in the quarter ended March 2022 as against Rs 29.06 crore during the previous quarter ended March 2021.

For the full year,net profit rose 25.11% to Rs 19.18 crore in the year ended March 2022 as against Rs 15.33 crore during the previous year ended March 2021. Sales rose 35.06% to Rs 104.94 crore in the year ended March 2022 as against Rs 77.70 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales46.7029.06 61 104.9477.70 35 OPM %21.1625.64 -26.4428.55 - PBDT9.957.51 32 27.6121.53 28 PBT8.856.71 32 23.6418.50 28 NP6.995.69 23 19.1815.33 25

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