Avalon Technologies Limited — Board Meeting, 05-08-2025: Outcome of Board Meeting

Avalon Technologies has announced a board meeting on August 5, 2025. The board reviewed and approved the consolidated financial results for the quarter ended June 30, 2025. Consolidated revenue from operations stood at ₹323.31 Cr, a significant increase from ₹199.47 Cr in the same quarter last year. The company reported a profit of ₹14.21 Cr, a strong turnaround from a loss of ₹2.31 Cr year-on-year. Additionally, the board approved the allotment of 131,620 equity shares to employees who exercised their ESOPs at ₹20 per share, increasing the company's paid-up capital.