AVONMORE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Standalone revenue declined sharply to ₹1,070 lakh from ₹2,425 lakh in the prior year (down ~56%), with net profit falling to ₹85 lakh from ₹1,372 lakh (down ~94%). Consolidated revenue grew marginally to ₹19,063 lakh from ₹18,083 lakh (+5.4%), but net profit declined to ₹2,165 lakh from ₹3,758 lakh (down ~42%). Standalone Q4 posted a loss of ₹64 lakh. The auditors issued an unmodified (clean) opinion on both standalone and consolidated results, with no qualifications. M/s Batra Neeraj & Associates was reappointed as Internal Auditor for FY27.
Standalone profit collapsed by over 90% year-on-year, a significant deterioration, though the consolidated results show the group remains profitable. The clean audit opinion removes concern about material misstatements, but the sharp revenue decline in the standalone entity warrants investor attention.