Avance Technologies Ltd — Results, 28-05-2025: Result
Avance Technologies Limited has announced a board meeting outcome approving the audited financial results for the quarter and financial year. Standalone revenue from operations declined to ₹57.93 Cr from ₹69.29 Cr last year while profit after tax stood at ₹2.07 Cr, stable year-on-year. Consolidated revenue jumped to ₹171.77 Cr from ₹144.29 Cr, with net profit rising to ₹5.30 Cr. The company recorded no exceptional items and maintained similar equity levels. Non-current investments remain substantial (~₹201.97 Cr standalone, ₹201.87 Cr consolidated). Operating cash flow was negative due to working capital changes, while financing included increased long-term borrowings in consolidated numbers. Auditor’s report issued an unmodified opinion, signaling clean audit results.
