Results for the quarter and half year ended on September 30, 2026

AS 9100D ISO 9001:2015 AVL/SE/2026-27 October 26, 2026 To To The Corporate Relations Department The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai – 400 001, India. Bandra (East), Mumbai – 400 051, India. Scrip Code: 532406 Symbol: AVANTEL Dear Sir/Madam, Sub: Outcome of the Board Meeting held on October 26, 2026 – Reg. Ref: ISIN: INE005B01027 Pursuant to the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, at their meeting held on Monday, October 26, 2026, inter alia, considered and approved the following: 1. the un-audited Standalone Financial Results along with Limited Review Report for the quarter and half year ended on September 30, 2026, as recommended by the Audit Committee and reviewed by the Statutory Auditors; and; 2. the un-audited Consolidated Financial Results along with Limited Review Report for the quarter and half year ended on September 30, 2026, as recommended by the Audit Committee and reviewed by the Statutory Auditors. 3. the merger of Imeds Global Private Limited, a wholly owned subsidiary of the Company (“Transferor Company”), into Avantel Limited (“Transferee Company”), pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013, and subject to the requisite statutory and regulatory approvals. 4. the appointment of Mr. Nimmagadda Sreenivasa Rao (DIN: 09658001) as an Additional Director, designated as Director (Technical), for a term of three (3) consecutive years commencing from October 26, 2026, and ending on October 25, 2029, liable to retire by rotation, subject to the approval of the Members of the Company through Postal Ballot. Mr. Nimmagadda Sreenivasa Rao is not debarred from holding the office of Director by virtue of any order of the Securities and Exchange Board of India or any other such authority. Avantel Limited CIN - L72200AP1990PLC011334 Corporate office: Registered Office & Unit-1 Unit-2 Survey No. 17, Unit No. 201 & 202, 2nd Floor, Plot No.47/P, APIIC Industrial Park, Plot No. S-119 (M), Sy. No. 49, Block - 1, Vasavi’s Shalom Sky City, Gambheeram (V), Anandapuram (M), E-City, Raviryal (V), Maheswaram (M), Gachibowli, Serilingampally (M), Ranga Reddy (D), Visakhapatnam - 531 163, Andhra Pradesh. Ranga Reddy (Dt), Hyderabad - 500032, Telangana. Tel : +91-891-2850000 Hyderabad - 501510, Telangana. Tel : +91-40-6630 5000, Fax : +91-40-6630 5004 Fax : +91-891-2850004 Tel: +91-40-3537 1900 marketing@avantel.in www.avantel.in Fax: +91-40-3537 1904 AS 9100D ISO 9001:2015 5. The Notice of Postal Ballot for seeking the approval of the Members of the Company for the appointment of Mr. Nimmagadda Sreenivasa Rao (DIN: 09658001) as Director (Technical) of the Company. The meeting of the Board of Directors commenced at 11:00 A.M. (IST) and concluded at 2:40 P.M. (IST). This is for your information and records. Thanking you, Yours faithfully, For Avantel Limited D Rajasekhara Reddy Company Secretary & Compliance Officer Avantel Limited CIN - L72200AP1990PLC011334 Corporate office: Registered Office & Unit-1 Unit-2 Survey No. 17, Unit No. 201 & 202, 2nd Floor, Plot No.47/P, APIIC Industrial Park, Plot No. S-119 (M), Sy. No. 49, Block - 1, Vasavi’s Shalom Sky City, Gambheeram (V), Anandapuram (M), E-City, Raviryal (V), Maheswaram (M), Gachibowli, Serilingampally (M), Ranga Reddy (D), Visakhapatnam - 531 163, Andhra Pradesh. Ranga Reddy (Dt), Hyderabad - 500032, Telangana. Tel : +91-891-2850000 Hyderabad - 501510, Telangana. Tel : +91-40-6630 5000, Fax : +91-40-6630 5004 Fax : +91-891-2850004 Tel: +91-40-3537 1900 marketing@avantel.in www.avantel.in Fax: +91-40-3537 1904 GRANDHY & CO 201, Sunny Residency, Dwarakapuri Colony Punjagutta, Hyderabad - 82. Mob: 98491 65491 CHARTERED ACCOUNTANTS Email: grandhyco@gmail.com www.grandhyco.in Independent Auditor's Review Report on Standalone Unaudited Quarterly and Year to date Financial Results of Mis AV ANTEL LIMITED Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 TO THE BOARD OF DIRECTORS OF AVA NTEL LIMITED We have reviewed the accompanying statement of Standalone unaudited financial results of Mis AVA NTEL LIMITED for the Quarter ended 30th September, 2026 and for the Period from 1st April, 2026 to 30th September, 2026. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on these financial statements based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Infonnation Perfonned by the Independent Auditor of the Entity", issued by the Institute of Chatiered Accountants oflndia. This standard requires that we plan and perfonn the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited ptimarily to inqui1ies of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the infonnation required to be disclosed in tenns of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the maimer in which it is to be disclosed, or that it contains any matetial misstatement. For Grandhy & Co. Chatiered Accountants FRN:001007S (Sudheendra Rao S) Partner ICAI Membership No.226611 UDIN: 26226611N KPLQL5329 Place: Hyderabad Date: October 26, 2026 AS 9100D avantel® ISO 9001:2015 AVANTEL LIMITED Registered Office: SY No. 141, Plot No. 47/P, Industrial Park, Gambheeram (V), Anandapuram (M), Yisakhapatnam -531163, Andhra Pradesh CIN: L72200API990PLCI 1334 Statement of Standalone Un-Audited Financial Results for the Quarter and Half Year Ended September 30,2026 (in~ Lakhs) )uarter Ended Half Year Ended Year ended September September September September Particulars June 30,2026 March 31,2026 30,2026 30,2025 30,2026 30,2025 Un Audited Un Audited Un Audited Un Audited Un Audited Audited Income Revenue from operations 7382.45 7012.34 5512.40 14,394.79 10,696.05 22135.23 Total Revenue from operations 7382.45 7012.34 5512.40 14394.79 10696.05 22135.23 Other income 31.09 11.55 90.96 42.63 95.47 245.67 Total Income 7413.54 7023.89 5603.36 14437.42 10791.52 22380.90 Expenses Cost of materials consumed 4,713.49 2501.97 2,016.53 7,215.47 2,846.87 7678.49 Changes in inventories (2,643.18) (198.31) (491.73) (2,841.49) 746.69 ( 1246.02) Employee benefits expense 1,171.87 1254.79 1,188.41 2,426.66 2,145.11 4794.67 Finance costs 274.86 174.23 125.38 449.09 205.49 563.31 Depreciation and amortization expense 826.21 660.00 424.26 1,486.21 814.46 1803.49 Other expenses 1,953.38 1539.01 1,528.60 3,492.38 2,550.27 5569.75 Total Expenses 6296.63 5931.69 4791.45 12228.32 9308.89 19163.69 Profit before tax 1116.91 1092.20 811.91 2209.10 1482.63 3217.21 Tax expense (I) Cu!l"ent tax 281.98 330.43 194.89 612.41 402.43 923.54 (2) Defe1Ted tax - - - - - 43.70 Net Profit for the Period 834.93 761.77 617.02 1596.69 1080.20 2249.97 Other comprehensive income (OCI) (a) (i) Items that will not be reclassified to profit or Io ss - - - - - (7.51) (ii) Tax on items that will not be reclassified - - - - - (7.50) profit or loss (b) (i) Items that will be reclassified to profit or loss - - - - - - (11) Income tax relat111g to items that will be - - - - - - be reclassified to profit [Showing first 8,000 characters — download PDF for full document]