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
The buying on the counter came after the company received a purchase order worth ₹19.33 crore for the service of Satcom Products from Larsen & Toubro (L&T)
Avantel shares rose 5 per cent after it received orders worth nearly ₹10 crore from Garden Reach Shipbuilders Ltd.