Ampvolts Limited (formerly known as Quest Softech (India) Limited) announced its audited standalone financial results for the quarter and year ended March 31, 2026, following a Board of Directors meeting held on May 8, 2026. The board approved the results pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory audit was carried out by Bansi Khandelwal & Co., Chartered Accountants (Firm Registration No. 145850W), who issued an unmodified opinion on the financial results.

Financial Performance Overview

Ampvolts delivered a significant improvement in its financial performance for FY26, with revenue from operations rising sharply to ₹2,063.64 lakhs from ₹198.20 lakhs in FY25. Total income for the year, including other income of ₹312.73 lakhs, stood at ₹2,376.37 lakhs compared to ₹297.71 lakhs in the prior year. The company swung to a profit before tax of ₹207.16 lakhs in FY26 from a loss before tax of ₹71.38 lakhs in FY25. Profit after tax for the year stood at ₹155.23 lakhs, compared to ₹46.28 lakhs in FY25.

The following table summarises the key financial metrics for the year and the most recent quarter:

Note: Earnings per equity share for the quarter ended are not annualised.

Segment Performance

The company operates across two business segments — sale of products and sale of services — primarily related to electric vehicle chargers, charging stations, fleet operations for electric passenger cars, and electric commercial trucks. The segment-wise revenue and results for FY26 are presented below:

Balance Sheet Highlights

Total assets of Ampvolts grew to ₹10,471.67 lakhs as at March 31, 2026, compared to ₹6,097.58 lakhs as at March 31, 2025. Non-current assets rose to ₹4,521.54 lakhs from ₹1,700.33 lakhs, driven primarily by an increase in property, plant and equipment to ₹2,573.07 lakhs from ₹449.43 lakhs. Current assets stood at ₹5,950.13 lakhs versus ₹4,397.25 lakhs in the prior year, with trade receivables increasing significantly to ₹1,984.52 lakhs from ₹70.02 lakhs.

Cash Flow Summary

For the year ended March 31, 2026, net cash used in operating activities was ₹2,199.20 lakhs, compared to ₹2,175.49 lakhs in the prior year. Net cash used in investing activities stood at ₹1,402.20 lakhs, while net cash generated from financing activities was ₹3,597.54 lakhs, primarily driven by proceeds from long-term borrowings of ₹2,332.36 lakhs and net short-term borrowings of ₹1,468.66 lakhs. Cash and cash equivalents at the end of the year were ₹16.54 lakhs, compared to ₹20.42 lakhs at the beginning of the year.

Auditor Appointments and Other Disclosures

The board also approved the appointment of MYSP & Associates LLP (formerly known as Madkholkar Bhave Chitale & Associates LLP) as the new Statutory Auditor for a term of five years commencing from FY 2026-27 till FY 2030-31, subject to shareholder approval at the ensuing Annual General Meeting. Mr. Chintan Popat was appointed as Internal Auditor for a term of two years covering FY 2026-27 and FY 2027-28, effective May 8, 2026. The paid-up equity share capital as at March 31, 2026 stood at ₹2,571.09 lakhs, with a face value of ₹10 per share, while other equity (excluding revaluation reserve) was ₹2,506.38 lakhs.

Ampvolts Limited has announced that its Board of Directors will convene a meeting on Friday, May 8, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The meeting will also address other matters connected with the financial results, as per the regulatory filing submitted to BSE Limited.

The company, which was formerly known as Quest Softech (India) Limited, operates under the scrip code 535719 on the stock exchange. The notice was addressed to the Chief General Manager of Listing Operations at BSE Limited, Mumbai, and was signed by Vipul Chauhan, Managing Director, on April 30, 2026.

Trading Window Closure

In compliance with the company's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons, the trading window closure period remains in effect. The closure period commenced on April 1, 2026, and will conclude 48 hours after the financial results are made public on May 8, 2026.

Board Meeting Details

The upcoming board meeting is a scheduled regulatory requirement under Regulation 33 for the submission of audited financial results. The meeting will be held to review the company's financial performance for the fourth quarter and the complete financial year of FY26. The results, once approved, will be disseminated to the stock exchanges and made available to the public.

Vipul Chauhan, Managing Director of ampvolts , signed the notice with his Director Identification Number (DIN) 01241021. The digital signature was recorded on April 30, 2026, at 18:51:10 IST.