Avantel Limited — Board Meeting, 25-07-2025: Outcome of Board Meeting

Avantel Limited has announced a board meeting on July 25, 2025, where it approved the consolidated unaudited financial results for the quarter ended June 30, 2025. For the first quarter, the company reported a total revenue from operations of ₹51.91 Cr and a net profit of ₹3.23 Cr. A key update during the quarter was the allotment of 2.02 Cr equity shares through a rights issue in May 2025 at ₹40 per share, enhancing the company's capital base. The board's focus remains on robust financial reporting and strategic initiatives.