AVI Products India Reports Q1 Loss, Schedules Investor Call
AVI Products announced Q1 financial results showing a substantial downturn. Total income decreased by 43.9% to Rs. 62.56 lacs. Despite a slight reduction in expenses, the company reported a loss after tax of Rs. 39.62 lacs, compared to a profit of Rs. 3.94 lacs in the previous year's Q1. An investor conference call is scheduled for August 16 at 5:00 PM IST to discuss these results.
14Aug 25
AVI Products India Reports Profit in Q1, Reappoints Secretarial Auditors
AVI Products India, operating in E-Commerce, Dental, and Food & Beverages segments, reported a net profit of Rs 3.94 lakh in Q1, compared to a loss of Rs 39.62 lakh in the same quarter last year. Total income from operations increased by 78% to Rs 111.47 lakh. The company's EPS improved to Rs 0.12 from a negative Rs 1.20. E-Commerce and Dental segment generated revenue of Rs 101.07 lakh, while Food & Beverages contributed Rs 5.40 lakh. Total assets stood at Rs 782.63 lakh with liabilities at Rs 78.15 lakh. The Board reappointed M/S VKMG & Associates LLP as Secretarial Auditors.