Announced Fri, 29 May · 19:03 IST

Approval of Audited Financial Results (Standalone & Consolidated) for Quarter and Year ended 31st March 2026

Pat Growth 25pctRevenue Growth 20pctAuditor Mid Year ChangeRelated Party TransactionsResults View source PDF

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

Price reaction · full curve 14 horizons · vs prior close

-2.9%1-day move

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prior close

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base price

After-mkt

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AI summary

Avance Technologies reported FY26 standalone revenue of Rs 10,108.23 Lakhs, up 74.5% from Rs 5,793.18 Lakhs in FY25. Consolidated net profit surged 150% to Rs 1,323.61 Lakhs from Rs 530.24 Lakhs. Q4 FY26 showed a major turnaround with net profit of Rs 1,037.26 Lakhs versus a loss of Rs 36.23 Lakhs in Q4 FY25. EPS jumped 133% to Rs 0.067 per share from Rs 0.027. The auditor issued an unmodified (clean) opinion with no going concern issues and found internal financial controls adequate. The company changed auditors mid-year from Rishi Sekhri & Associates to A. Raghavendra Rao & Associates.

Likely market impact

The company delivered exceptional profit growth with 150% YoY net profit increase, signaling strong operational efficiency. However, significant pending tax disputes (income tax and VAT demands across multiple years) remain a concern despite the clean audit opinion.