Avantel Limited (BOM:532406)

Avantel Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	2,083	2,491	2,244	1,545	1,050	776.96
Other Revenue	-	-	-	-	-	-0
Revenue	2,083	2,491	2,244	1,545	1,050	776.96
Revenue Growth (YoY)	-13.79%	11.04%	45.27%	47.16%	35.08%	49.65%
Cost of Revenue	832.57	870.35	945.71	767.58	550.82	363.13
Gross Profit	1,251	1,621	1,298	776.94	498.72	413.83
Selling, General & Admin	614.49	659.53	457.31	236.03	172.59	131.99
Research & Development	36.29	36.29	21.97	70.45	59.5	60.06
Other Operating Expenses	140.55	-	-	-	-	-
Operating Expenses	965.86	813.93	554.98	366.41	272.61	222.39
Operating Income	284.65	806.98	742.99	410.53	226.11	191.44
Interest Expense	-30.85	-16.41	-32.8	-41.9	-5.01	-3.63
Interest & Investment Income	9.52	9.52	6.62	1.18	6.9	7.86
Currency Exchange Gain (Loss)	5.74	5.74	5.65	3.61	5.93	0.82
Other Non Operating Income (Expenses)	-10.8	-11.42	-7.03	-6.73	-9.25	-11.46
EBT Excluding Unusual Items	258.26	794.4	715.42	366.68	224.68	185.03
Pretax Income	258.26	794.4	715.42	366.68	224.68	185.03
Income Tax Expense	95.09	229.96	189.87	98.3	44.91	31.7
Net Income	163.17	564.45	525.55	268.38	179.77	153.34
Net Income to Common	163.17	564.45	525.55	268.38	179.77	153.34
Net Income Growth	-73.90%	7.40%	95.82%	49.29%	17.24%	42.54%
Shares Outstanding (Basic)	278	244	243	243	243	243
Shares Outstanding (Diluted)	278	245	245	243	243	243
Shares Change (YoY)	13.44%	-0.06%	0.79%	-	-	-
EPS (Basic)	0.59	2.32	2.16	1.10	0.74	0.63
EPS (Diluted)	0.58	2.30	2.14	1.10	0.74	0.63
EPS Growth	-77.08%	7.48%	94.55%	48.91%	17.20%	42.54%
Free Cash Flow	-	-284.96	335.56	-102.26	-532.64	389.71
Free Cash Flow Per Share	-	-1.16	1.37	-0.42	-2.19	1.60
Dividend Per Share	-	0.200	0.200	0.067	0.067	0.067
Dividend Growth	-	-	199.85%	-	-	-
Gross Margin	60.03%	65.06%	57.85%	50.30%	47.52%	53.26%
Operating Margin	13.66%	32.39%	33.12%	26.58%	21.54%	24.64%
Profit Margin	7.83%	22.66%	23.42%	17.38%	17.13%	19.74%
Free Cash Flow Margin	-	-11.44%	14.96%	-6.62%	-50.75%	50.16%
EBITDA	423.27	915.7	811.83	464.06	266.39	217.61
EBITDA Margin	20.32%	36.76%	36.18%	30.04%	25.38%	28.01%
D&A For EBITDA	138.62	108.72	68.85	53.53	40.28	26.17
EBIT	284.65	806.98	742.99	410.53	226.11	191.44
EBIT Margin	13.66%	32.39%	33.12%	26.58%	21.54%	24.64%
Effective Tax Rate	36.82%	28.95%	26.54%	26.81%	19.99%	17.13%
Revenue as Reported	2,102	2,509	2,258	1,549	1,063	785.69
Advertising Expenses	-	1.69	3.37	1.35	1.66	0.68

Source: S&P Global Market Intelligence. Standard template. Financial Sources.