Press Release on Audited Financial Results as on 31st March 2026
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Avance Technologies reported FY26 consolidated revenue from operations of ₹15,926 Lakhs, a 7.3% decline from ₹17,177 Lakhs in FY25. However, net profit surged 150% year-on-year to ₹1,324 Lakhs (vs ₹530 Lakhs in FY25), with EPS rising 133% to ₹0.07 per share. Q4 FY26 showed a turnaround with net profit of ₹1,037 Lakhs versus a net loss of ₹136 Lakhs in Q4 FY25. Sequential Q4 profit grew 415% quarter-on-quarter. The management attributed the profitability improvement to financial efficiency, cost optimization, and disciplined execution. Despite revenue decline, the company significantly expanded net profit margins.
The strong 150% profit growth despite revenue decline signals improved operational efficiency and cost management. The Q4 turnaround from loss to profit is positive, though the full-year revenue contraction warrants monitoring for sustainability of the profit recovery.