Outcome of the Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ampvolts Ltd's Board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations jumped sharply to ₹102.18 lakhs from just ₹11.11 lakhs in the same quarter last year, reflecting the company's recent pivot into electric vehicle chargers and charging stations. However, the company slipped back into a loss with a Profit After Tax of ₹(32.06) lakhs, compared to ₹(32.51) lakhs loss in Q1 FY25 and a profit of ₹120.28 lakhs in Q4 FY25. Finance costs surged to ₹28.44 lakhs from ₹0.53 lakhs a year ago, and depreciation rose to ₹22.58 lakhs, weighing on margins. The auditor (Bansi Khandelwal & Co.) issued a clean limited review report with no qualifications. The Board also fixed September 12, 2025 as the date for the 26th AGM via video conferencing.
The business is scaling rapidly in the EV charging space, which is positive for long-term growth, but heavy finance and depreciation costs continue to drag profitability into losses. Short-term, the stock may remain under pressure until the company demonstrates a clear path to profitability despite rising revenues.