Avantel standalone net profit rises 283.87% in the September 2019 quarter

Sales decline 20.04% to Rs 8.06 crore

Net profit of Avantel rose 283.87% to Rs 2.38 crore in the quarter ended September 2019 as against Rs 0.62 crore during the previous quarter ended September 2018. Sales declined 20.04% to Rs 8.06 crore in the quarter ended September 2019 as against Rs 10.08 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales8.0610.08 -20 OPM %38.9615.28 -PBDT3.381.68 101 PBT2.801.17 139 NP2.380.62 284

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