Avantel Ltd News
Avantel bags ₹459.9 crore RTIS contract from Zetwerk for Indian Railways
Technology solutions provider Avantel on Wednesday said it has secured a contract worth Rs 459.9 crore to supply and maintain Real-Time Train Information System (RTIS) devices for the Centre for Railway Information Systems (CRIS). The contract was awarded by Bengaluru-based Zetwerk, an infrastructure and technology partner to the Indian Railways. It covers the supply and annual maintenance (AMC) of RTIS devices. "Avantel Limited, a provider of technology solutions for the defence and communication sectors, has received a rate contract valued at Rs 459.9 crore (excluding taxes) from Zetwerk, Bengaluru, for the supply and Annual Maintenance Contract (AMC) of Real-Time Train Information System (RTIS) devices for the Centre for Railway Information Systems (CRIS), Indian Railways," the company said in a statement. RTIS is an Indian Railways project developed in collaboration with the Indian Space Research Organisation (ISRO). It utilises satellite technology to automatically track train
 "Avantel bags ₹459.9 crore RTIS contract from Zetwerk for Indian Railways")
Avantel bags ₹460-cr order; shares fly 15% on bourses amid strong demand
The contract includes the supply of satellite communication equipment, along with one year of comprehensive onsite warranty and five years of comprehensive annual maintenance contract (AMC) support
 "Avantel bags ₹460-cr order; shares fly 15% on bourses amid strong demand")
Avantel wins ₹122.58 cr antenna order from ISRO arm NewSpace India
Avantel Ltd secures a ₹122.58 crore order from NewSpace India Limited for supply, installation and commissioning of S/X-band antennas, to be completed by August 2027
 "Avantel wins ₹122.58 cr antenna order from ISRO arm NewSpace India")
Avantel shares plunge 10% as Q3 profit slumps 86%, revenue slides
Avantel's revenue from operations came in at ₹51.71 crore in Q3FY26, down 26.83 per cent from ₹70.68 crore in the December 2024 quarter
 "Avantel shares plunge 10% as Q3 profit slumps 86%, revenue slides")