Telecom Equipment company Avantel announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: The company reported consolidated revenue of Rs 7,042.16 lakh in Q1FY27, marking a YoY growth of 35.65% compared to Rs 5,191.28 lakh in Q1FY26. On a QoQ basis, it grew by 10.33% from Rs 6,382.55 lakh in Q4FY26. For FY26, revenue stood at Rs 22,287.24 lakh. Total Income: Reached Rs 7,054.24 lakh in Q1FY27, reflecting an increase of 35.77% YoY (against Rs 5,195.80 lakh in Q1FY26) and an 8.64% rise QoQ (against Rs 6,492.99 lakh in Q4FY26). Total income for FY26 was Rs 22,534.47 lakh. Profit Before Tax: Achieved Rs 869.89 lakh in Q1FY27, showing a 64.06% YoY growth from Rs 530.24 lakh in Q1FY26, and an 18.90% QoQ jump from Rs 731.65 lakh in Q4FY26. The profit before tax for FY26 was Rs 2,463.78 lakh. Net Profit for the Period: Stood at Rs 539.46 lakh in Q1FY27, representing a 67.17% YoY increase from Rs 322.71 lakh in Q1FY26, and a 12.98% QoQ growth compared to Rs 477.47 lakh in Q4FY26. For FY26, the net profit was Rs 1,499.38 lakh. Total Comprehensive Income: Reported at Rs 539.46 lakh in Q1FY27, achieving a YoY growth of 67.17% (from Rs 322.71 lakh in Q1FY26) and a QoQ rise of 16.65% (from Rs 462.45 lakh in Q4FY26). For FY26, it amounted to Rs 1,484.36 lakh. Earnings Per Share (EPS): Basic EPS stood at Rs 0.20 in Q1FY27, compared to Rs 0.32 in Q1FY26 and Rs 0.26 in Q4FY26. The Basic EPS for FY26 stood at Rs 2.43. Standalone Financial Highlights: Revenue from Operations: Posted at Rs 7,012.34 lakh in Q1FY27, registering a 35.28% YoY growth compared to Rs 5,183.65 lakh in Q1FY26. QoQ, revenue increased by 11.05% against Rs 6,314.66 lakh in Q4FY26. FY26 standalone revenue was Rs 22,135.23 lakh. Total Income: Reached Rs 7,023.89 lakh in Q1FY27, achieving a YoY growth of 35.38% (from Rs 5,188.17 lakh in Q1FY26) and a QoQ rise of 9.35% (from Rs 6,423.54 lakh in Q4FY26). FY26 total income was Rs 22,380.90 lakh. Profit Before Tax: Stood at Rs 1,092.20 lakh in Q1FY27, marking a YoY increase of 63.03% from Rs 669.93 lakh in Q1FY26 and a QoQ jump of 13.50% from Rs 962.25 lakh in Q4FY26. FY26 profit before tax was Rs 3,217.21 lakh. Net Profit for the Period: Reached Rs 761.77 lakh in Q1FY27, indicating a 64.74% YoY growth from Rs 462.40 lakh in Q1FY26 and an 8.02% QoQ increase from Rs 705.23 lakh in Q4FY26. FY26 net profit was Rs 2,249.97 lakh. Total Comprehensive Income: Amounted to Rs 761.77 lakh in Q1FY27, showing a YoY growth of 64.74% (from Rs 462.40 lakh in Q1FY26) and a QoQ increase of 10.37% (from Rs 690.22 lakh in Q4FY26). FY26 comprehensive income was Rs 2,234.96 lakh. Earnings Per Share (EPS): Basic EPS was Rs 0.29 in Q1FY27, an improvement from Rs 0.19 in Q1FY26 and stable compared to Rs 0.29 in Q4FY26. EPS for FY26 was Rs 0.92. Business Highlights: Segment-wise Performance: Communications and Signal Processing Products: Revenue stood at Rs 7,023.88 lakh in Q1FY27, recording a YoY growth of 35.38% (from Rs 5,188.16 lakh in Q1FY26) and a QoQ growth of 9.49% (from Rs 6,415.12 lakh in Q4FY26). The segment results (profit) improved to Rs 1,092.19 lakh in Q1FY27. Health Care: Revenue was reported at Rs 30.36 lakh in Q1FY27, showing significant YoY growth from Rs 7.64 lakh in Q1FY26, but a QoQ decline of 61.18% from Rs 78.20 lakh in Q4FY26. The segment recorded a loss of Rs 222.30 lakh in Q1FY27. Board Approvals & Management Restructuring: Approved the revision in remuneration of Mr. Abburi Siddhartha Sagar, Executive Director (Strategy & Business Development), from Rs 48.00 lakh per annum to Rs 55 lakh per annum, with effect from July 11, 2026. Recommended the re-appointment of Mr. Abburi Siddhartha Sagar as Executive Director for a further 5-year term commencing from March 8, 2027, to March 7, 2032. Approved the appointment of Mr. Peddi Bala Bhaskar Rao as Additional Director, designated as Director (Operations), for a 3-year term from July 11, 2026, to July 10, 2029. Recommended the re-appointment of Mr. Vyasabhattu Ramchander as Independent Director for a second consecutive 5-year term from May 6, 2027, to May 5, 2032. The Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee were reconstituted with immediate effect. Subsidiary Notes: iMeds Global Private Limited is maintained as a wholly-owned subsidiary of Avantel Limited. Its financial results were included in the consolidated financial statements but were deemed not material to the Group by the auditors. Result PDF