AVRO INDIA LIMITED — Important, 28-02-2025: Updates

The Board of Directors of Avro India Limited has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. Total income reached ₹2,536.49 Cr, a decline from ₹3,002.69 Cr compared to the previous year's quarter. Profit before tax for the period stood at ₹14.16 Cr, with a profit for the year of ₹10.38 Cr, reflecting a decrease from ₹12.39 Cr in the same quarter last year.

During the review period, total expenses rose to ₹2,404.91 Cr, affecting profitability margins. The earnings per equity share (EPS) were reported at ₹0.98 for the quarter, showing relatively stable performance compared to earlier periods.

Strategically, the company approved the allotment of equity shares and warrants worth ₹47.71 Cr and ₹5.99 Cr, respectively, aiming to boost liquidity and fund expansion plans. Investors should keep a close watch on the company’s operational efficiency and expenses, given the declining revenue trend, which could impact future profitability.