Outcome of the Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ampvolts Ltd (formerly Quest Softech India Ltd) held its Board meeting on May 8, 2026, where it approved the audited financial results for Q4 and FY ended March 31, 2026. The company reported a significant turnaround with revenue from operations growing to ₹2,063.64 lakhs in FY26 from ₹198.20 lakhs in FY25, a growth of approximately 941%. Profit after tax increased to ₹155.23 lakhs from ₹46.28 lakhs in the previous year, a growth of 235%. The company also appointed new auditors - MYSP & Associates LLP as Statutory Auditor (5-year term) and Mr. Chintan Popat as Internal Auditor (2-year term). The statutory auditors issued an unmodified opinion on the financial results. However, operating cash flow remained negative at ₹2,199.20 lakhs due to heavy working capital deployment and capex, and total borrowings increased significantly to ₹4,936.41 lakhs.
The company has shown exceptional revenue and profit growth, indicating strong business momentum. However, the negative operating cash flow and high debt levels warrant caution for investors as they indicate potential liquidity stress despite profitable operations.