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Avantel standalone net profit declines 80.16% in the June 2018 quarter

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Capital Market

Sales rise 28.48% to Rs 12.18 crore

Net profit of Avantel declined 80.16% to Rs 2.42 crore in the quarter ended June 2018 as against Rs 12.20 crore during the previous quarter ended June 2017. Sales rose 28.48% to Rs 12.18 crore in the quarter ended June 2018 as against Rs 9.48 crore during the previous quarter ended June 2017. ParticularsQuarter EndedJun. 2018Jun. 2017% Var.Sales12.189.48 28 OPM %29.8014.56 -PBDT3.5516.20 -78 PBT3.0815.83 -81 NP2.4212.20 -80

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First Published: Aug 03 2018 | 5:02 PM IST

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