Avance Technologies Ltd — Results, 14-08-2025: Result

Avance Technologies' Board has approved significant strategic moves. Mr. Latesh Poojary, Executive Director, has been re-designated as Chairman and Managing Director, subject to shareholder approval. The financial results for the quarter ended June 30, 2025, were also approved. For the quarter, standalone revenue was 25.21 Cr with a profit of 0.54 Cr, while consolidated revenue reached 37.42 Cr with a profit of 1.62 Cr. Additionally, the Board has considered and approved a plan to raise up to Rs. 49.90 Cr through a rights issue of fully paid-up equity shares to existing shareholders, aimed at securing funds for company growth.