The Audited Financial Results along with the Auditors Report for the standalone and consolidated financial results for the quarter and year ended 31-03-2025 is attached herewith for your perusal
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Avance Technologies announced audited results for Q4 and FY25. On a standalone basis, revenue from operations fell about 16% YoY to ₹5,793 lakhs (from ₹6,929 lakhs), while PAT was nearly flat at ₹207 lakhs versus ₹208 lakhs last year. On a consolidated basis (including 3 subsidiaries), revenue grew about 19% to ₹17,177 lakhs and PAT grew about 9% to ₹530 lakhs for the full year. However, Q4 standalone PAT dropped sharply to ₹38 lakhs (from ₹107 lakhs in Q4 FY24), and Q4 consolidated swung to a loss of ₹136 lakhs due to a high tax provision of ₹151 lakhs. Both standalone (₹-620 lakhs) and consolidated (₹-7,871 lakhs) operating cash flows remained negative. The auditor (Rishi Sekhri and Associates) issued an unmodified opinion on both sets of results.
Mixed picture for shareholders: consolidated full-year growth is a positive, but Q4 weakness, declining standalone revenue, and persistent negative operating cash flows raise concerns about working capital health. The new consolidated non-current borrowings of ₹5,719 lakhs (vs nil last year) deserve monitoring.