AVRO India Limited has achieved a groundbreaking milestone in plastic recycling, earning recognition from both the Asia Book of Records and India Book of Records for processing more than 3,00,000 cement bags within 24 hours through Asia's largest fully automatic flexible plastic washing plant on March 10, 2026. This achievement coincided with the company's launch of Operation Shuddhi, a transformative nationwide initiative aimed at converting plastic waste into economic opportunities.

Record-Breaking Achievement

The company's recycling facility accomplished an extraordinary feat that establishes AVRO Group as the only company across India and Asia to achieve this benchmark. The record was set using the company's advanced technology for processing difficult flexible plastics including cement bags, jumbo bags, calcite bags, and woven sacks.

Operation Shuddhi Launch

Simultaneously, AVRO India launched Operation Shuddhi at Malviya Smriti Bhavan, New Delhi, marking a significant step toward environmental sustainability and economic development. The launch ceremony witnessed participation from more than 180 distinguished guests, including senior bureaucrats, academicians, spiritual leaders, industry representatives, students, and volunteers.

Environmental and Economic Impact

According to Prof. (Dr.) Sushil Kumar Aggarwal, Chairman of AVRO India Limited, the company's recycling efforts contribute significantly to environmental protection and economic development. The recycling process reduces nearly 2.50 kg of greenhouse gas emissions per kg of recycled plastic while saving precious foreign exchange by replacing virgin polymer worth ₹100 per kg.

The initiative creates multiple benefits:

• Preventing plastic waste from entering landfills
• Reducing greenhouse gas emissions
• Saving foreign exchange through polymer replacement
• Creating jobs, revenues, and new economic opportunities

Technology Leadership and Recognition

The achievement represents years of perseverance, experimentation, and technological innovation. The AVRO team overcame technological setbacks, scrapped multiple machines, and invested enormous resources to perfect the science of flexible plastic recycling. This transformative work has led many in the industry to refer to Prof. (Dr.) Sushil Aggarwal as the "Daddy of Plastics" and view AVRO Group as a pioneering force in cutting-edge recycling technologies.

Comprehensive Network Development

Operation Shuddhi aims to create a comprehensive network connecting various institutions including schools, colleges, hospitals, hotels, religious institutions, markets, and local communities. The company has introduced digital infrastructure through the Operation Shuddhi Website and Recycling App to mobilize volunteers and establish an efficient plastic collection and recycling ecosystem across the nation.

AVRO INDIA LIMITED published its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Publication

The company notified stock exchanges NSE and BSE about the publication of its Q3FY26 financial results in accordance with Regulation 47(3) and Regulation 30 of SEBI regulations. The results were published in Financial Express (English) and Jansatta (Hindi) newspapers, fulfilling regulatory requirements for public disclosure.

Q3 FY26 Financial Performance

The company's Q3 FY26 results demonstrated consistent operational performance with revenue from operations reaching ₹2,428.70 lacs compared to ₹2,406.43 lacs in the corresponding quarter of the previous year. Net profit for the quarter stood at ₹106.83 lacs against ₹103.76 lacs in Q3 FY25.

Nine-Month Performance Overview

For the nine-month period ended December 31, 2025, AVRO INDIA LIMITED reported revenue from operations of ₹6,695.89 lacs with total income reaching ₹7,279.28 lacs. The company achieved a net profit of ₹334.37 lacs for the nine-month period, reflecting stable operational efficiency.

Consolidated Results and Corporate Structure

The company presented consolidated financial results incorporating its wholly-owned subsidiary AVRO Recycling Limited, which was incorporated on May 14, 2025. The consolidated results for Q3 FY26 showed revenue from operations of ₹2,491.16 lacs and net profit of ₹135.57 lacs.

Corporate Governance and Compliance Framework

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 14, 2026. The company reported no investor complaints during the quarter ended December 31, 2025. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) and SEBI regulations, with statutory auditors conducting a limited review of the results.

The company maintained a paid-up equity share capital of ₹1,331.11 lacs with equity shares of ₹10 each. Basic earnings per share for the nine-month period stood at ₹2.51 compared to ₹2.46 in the previous year.