BSEAmpvolts LtdHighNeutral
Announced Fri, 14 Nov · 18:47 IST

Financial Results for 30-09-2025

Revenue Growth 20pctPat NegativeNegative Operating CashflowResults RestatedResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Ampvolts Limited (formerly Quest Softech India Limited), which is in the EV chargers and charging stations business, reported revenue from operations of Rs. 145.31 lakhs for Q2 FY26, up sharply from Rs. 54.47 lakhs a year ago (roughly 167% growth). Half-year revenue jumped to Rs. 247.49 lakhs vs Rs. 65.58 lakhs in H1 FY25, a growth of about 277%. The company swung to a small Q2 profit after tax of Rs. 21.07 lakhs (vs a loss of Rs. 29.48 lakhs last year), but H1 FY26 remained in the red with a loss after tax of Rs. 66.01 lakhs. Inventory ballooned from Rs. 88.30 lakhs to Rs. 990.52 lakhs as the company stocked up heavily on EV chargers, pushing short-term borrowings up to Rs. 2,206.81 lakhs (from Rs. 1,135.38 lakhs). Operating cash flow was deeply negative at Rs. 845.25 lakhs for H1, funded mainly through new borrowings. The board also appointed two new independent directors (Mr. Harnish Rao and Mr. Sahil Rao) and forfeited 2.89 lakh partly paid-up rights equity shares.

Likely market impact

The sharp revenue jump and big inventory build suggest the company is scaling up its EV charger business aggressively, which is positive for future topline, but the half-year loss and Rs. 845 lakh cash burn financed almost entirely by debt raise concerns about near-term cash stress and rising leverage for shareholders.