Other income rose 41.67% to Rs 0.51 crore. PBIDT rose 31.25% to Rs 32.55 crore. Provision for interest rose 17.24% to Rs 1.02 crore. PBDT rose 31.76% to Rs 31.53 crore. Provision for depreciation rose 65.76% to Rs 3.05 crore. Profit before tax grew 28.93% to Rs 28.48 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 8.4 crore, compared to Rs 5.77 crore. Effective tax rate was 29.49% compared to 26.12%. Minority interest was nil in both the periods. Net profit attributable to owners of the company increased 23.04% to Rs 20.08 crore.
Sales of Communications and signal Processing products segment has gone up 19.33% to Rs 70.93 crore (accounting for 99.63% of total sales). Sales of Health care segment has gone up 9.24% to Rs 0.26 crore (accounting for 0.37% of total sales).
Profit before interest, tax and other unallocable items (PBIT) has jumped 28.92% to Rs 28.49 crore. PBIT of Communications and signal Processing products segment rose 28.86% to Rs 29.31 crore (accounting for 102.89% of total PBIT). PBIT of Health care segment fell 26.63% to Rs -0.82 crore (accounting for -2.89% of total PBIT).
PBIT margin of Communications and signal Processing products segment rose from 38.26% to 41.32%. PBIT margin of Health care segment fell from negative 270.83% to negative 313.94%. Overall PBIT margin rose from 37.02% to 40.01%.
For year-to-date (YTD) results analysis.
Net sales (including other operating income) of Avantel has increased 9.45% to Rs 199.86 crore. Sales of Communications and signal Processing products segment has gone up 9.60% to Rs 200.63 crore (accounting for 99.73% of total sales). Sales of Health care segment has gone up 4.58% to Rs 0.54 crore (accounting for 0.27% of total sales).
Profit before interest, tax and other unallocable items (PBIT) has jumped 27.40% to Rs 70.95 crore. PBIT of Communications and signal Processing products segment rose 26.87% to Rs 73.15 crore (accounting for 103.10% of total PBIT). PBIT of Health care segment fell 11.85% to Rs -2.20 crore (accounting for -3.10% of total PBIT).
PBIT margin of Communications and signal Processing products segment rose from 31.50% to 36.46%. PBIT margin of Health care segment fell from negative 377.93% to negative 404.23%. Overall PBIT margin rose from 30.34% to 35.27%.
Operating profit margin has jumped from 34.85% to 40.48%, leading to 27.12% rise in operating profit to Rs 80.90 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 35.41% to 32.38%. Employee cost increased from 14.00% to 18.43%. Other expenses rose from 12.23% to 12.51%.
Other income rose 36.46% to Rs 1.31 crore. PBIDT rose 27.26% to Rs 82.21 crore. Provision for interest fell 38.24% to Rs 2.39 crore.
PBDT rose 31.43% to Rs 79.82 crore. Provision for depreciation rose 75.99% to Rs 8.87 crore.
Profit before tax grew 27.40% to Rs 70.95 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 20.59 crore, compared to Rs 15.29 crore. Effective tax rate was 29.02% compared to 27.46%.
Minority interest was nil in both the periods. Net profit attributable to owners of the company increased 24.65% to Rs 50.36 crore.
Promoters’ stake was 38.58% as of 31 December 2024 ,compared to 40.10% as of 31 December 2023 .