Avance Tech Q3 net profit rises to ₹201.40 lakh

2 min read     Updated on 23 May 2026, 03:04 PM
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Riya DScanX News Team
AI Summary

Avance Technologies Limited reported a consolidated net profit of ₹201.40 lakh for Q3 FY26, up from ₹174.24 lakh in the year-ago period. Revenue from operations rose to ₹4950.24 lakh. Standalone net profit for the quarter was ₹89.58 lakh.

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avance technologies has reported its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The board of directors approved the financial statements during a meeting held on February 13, 2026.

Consolidated Financial Performance

For the quarter ended December 31, 2025, the company reported a consolidated net profit of ₹201.40 lakh. This is an increase from the profit of ₹174.24 lakh recorded in the corresponding three months of the previous year. Total income for the quarter rose to ₹5044.50 lakh, up from ₹3257.37 lakh in the same period last year.

Revenue from operations stood at ₹4950.24 lakh for the quarter, compared to ₹3238.26 lakh in the prior year. Total expenses for the period were reported at ₹4843.10 lakh. The company did not report any tax expenses for the current quarter or the nine-month period.

Standalone Financial Performance

On a standalone basis, the company posted a net profit of ₹89.58 lakh for the quarter ended December 31, 2025. This represents a significant increase from the ₹10.95 lakh profit reported in the corresponding quarter of the previous year. Total standalone income for the quarter was ₹2644.56 lakh.

Revenue from operations in the standalone segment was ₹2550.39 lakh, while total expenses for the quarter amounted to ₹2554.98 lakh. The profit for the period from continuing operations was ₹89.58 lakh.

Nine-Month Performance

For the nine months ended December 31, 2025, the consolidated net profit was ₹286.38 lakh, a decrease from ₹666.48 lakh in the corresponding period of the previous year. Total revenue from operations for this period was ₹12832.08 lakh. The standalone net profit for the nine months was ₹231.78 lakh, with revenue from operations reaching ₹7587.58 lakh.

Financial Results Summary

The following table outlines the key financial metrics for the quarter and nine months ended December 31, 2025:

Particulars Consolidated (Q3 FY26) Consolidated (Q3 FY25) Standalone (Q3 FY26) Standalone (Q3 FY25)
Revenue from Operations ₹4950.24 lakh ₹3238.26 lakh ₹2550.39 lakh ₹2016.70 lakh
Total Income ₹5044.50 lakh ₹3257.37 lakh ₹2644.56 lakh ₹2035.70 lakh
Total Expenses ₹4843.10 lakh ₹3083.13 lakh ₹2554.98 lakh ₹2024.75 lakh
Net Profit ₹201.40 lakh ₹174.24 lakh ₹89.58 lakh ₹10.95 lakh

The paid-up equity share capital remained constant at ₹19,819.17 lakh. The basic and diluted earnings per share (EPS) for continuing operations on a consolidated basis were ₹0.01 for the quarter.

Historical Stock Returns for Avance Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-0.99%+4.17%-0.99%+1.01%+31.58%+104.08%

What strategic initiatives is Avance Technologies planning to sustain the strong Q3 revenue growth trajectory into Q4 FY26 and beyond?

Given the significant decline in nine-month consolidated net profit (₹286.38 lakh vs ₹666.48 lakh), what cost optimization measures is the management considering to improve full-year profitability?

How is the growing gap between consolidated and standalone revenues likely to evolve, and what role are subsidiaries expected to play in future growth?

Avance board to meet on May 29 to consider Q4FY26 results

1 min read     Updated on 22 May 2026, 02:13 PM
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AI Summary

Avance Technologies Limited will hold a board meeting on May 29, 2026, to consider audited financial results for the quarter and year ended March 31, 2026. The board will also review the statutory auditor's report. The trading window for insiders remains closed until 48 hours after the results declaration.

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Avance Technologies Limited has announced that its board meeting will be held on Friday, May 29, 2026, at the company's registered office. The primary agenda for the meeting is to consider and approve the audited financial results for the quarter and fiscal year ended March 31, 2026, both on a standalone and consolidated basis.

The board will also review the Independent Audit Report to be issued by the statutory auditor, M/s. A. Raghavendra Rao & Associates, Chartered Accountants, for the same period. Any other business matters with the permission of the Chairman may also be transacted during the meeting.

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's shares has been closed since April 1, 2026. This restriction applies to all Directors, Promoters, Key Managerial Personnel (KMPs), and Designated Persons of the company, as well as their immediate relatives. The window will remain closed until the expiry of 48 hours from the declaration of the financial results.

Key Meeting Details

Agenda Item Details
Meeting Date May 29, 2026
Financial Period Quarter and Year ended March 31, 2026
Results Type Audited (Standalone & Consolidated)
Statutory Auditor M/s. A. Raghavendra Rao & Associates

The meeting will be conducted at the registered office located at 404, Corporate Annexe, Sonawala Road, Goregaon (East), Mumbai, Maharashtra. Latesh Poojary, Managing Director, signed the intimation sent to the exchanges.

Historical Stock Returns for Avance Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-0.99%+4.17%-0.99%+1.01%+31.58%+104.08%

How have Avance Technologies Limited's revenue and profitability trends evolved over FY2026 compared to the previous fiscal year, and what segments drove growth or decline?

Will the board consider any dividend declaration, share buyback, or capital allocation changes alongside the approval of FY2026 audited results?

Are there any pending regulatory scrutiny or audit qualifications from M/s. A. Raghavendra Rao & Associates that could impact investor confidence in the reported financials?

More News on Avance Technologies

1 Year Returns:+31.58%