Avantel Secures Rs 1.76 Crore Manufacturing Order from Bharat Electronics
2 hours agoBusiness
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1 SourcesHyderabad, India
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Avantel Secures Rs 1.76 Crore Manufacturing Order from Bharat Electronics

Avantel has secured a manufacturing order valued at Rs 1.76 crore from Bharat Electronics (BEL), with execution expected by July 2026. This contract, which does not involve related parties, bolsters Avantel's position in the aerospace and defence sectors. Meanwhile, BEL, a defence PSU, reported a significant increase in net profit and revenue for Q2 FY26. Avantel's own Q2 FY26 financial results showed a decline in net profit and revenue compared to the previous year.

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