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Avance Technologies Limited has set Tuesday, September 22, 2026, as the cut-off date to determine eligibility for members to vote via remote e-voting on resolutions at the company’s 42nd Annual General Meeting, scheduled for September 29, 2026, in Mumbai. The remote e-voting period will run from Saturday, September 26, 2026, at 9:00 A.M. (IST) to Monday, September 28, 2026, at 5:00 P.M. (IST).

Avance Technologies Limited announced that its board approved the re-appointment of Deepak Yallappa Mane as a Non-Executive – Non-Independent Director, subject to shareholder approval at the company`s Annual General Meeting on September 29, 2026. The board also re-appointed M/s. A. Raghavendra Rao & Associates as the company`s statutory auditor for a five-year term, also pending shareholder approval, and convened the 42nd Annual General Meeting for September 29, 2026, at 10:00 a.m. in Mumbai.

Avance Technologies Limited announced that its board approved the re-appointment of Deepak Yallappa Mane as a Non-Executive – Non-Independent Director, subject to shareholder approval at the company`s Annual General Meeting on September 29, 2026. The board also re-appointed M/s. A. Raghavendra Rao & Associates as the company`s statutory auditor for a five-year term, also pending shareholder approval, and convened the 42nd Annual General Meeting for September 29, 2026, at 10:00 a.m. in Mumbai.

Net profit of Avance Technologies reported to Rs 10.37 crore in the quarter ended March 2026 as against net loss of Rs 1.36 crore during the previous quarter ended March 2025. Sales declined 35.96% to Rs 30.94 crore in the quarter ended March 2026 as against Rs 48.31 crore during the previous quarter ended March 2025.For the full year,net profit rose 149.81% to Rs 13.24 crore in the year ended March 2026 as against Rs 5.30 crore during the previous year ended March 2025. Sales declined 7.28% to Rs 159.26 crore in the year ended March 2026 as against Rs 171.77 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales30.9448.31 -36 159.26171.77 -7 OPM %-1.75-3.85 --0.333.00 - PBDT10.370.15 6813 13.247.34 80 PBT10.380.15 6820 13.247.34 80 NP10.37-1.36 LP 13.245.30 150 Powered by Capital Market - Live News

Net profit of Avance Technologies reported to Rs 10.27 crore in the quarter ended March 2026 as against net loss of Rs 0.38 crore during the previous quarter ended March 2025. Sales rose 90.84% to Rs 25.21 crore in the quarter ended March 2026 as against Rs 13.21 crore during the previous quarter ended March 2025.For the full year,net profit rose 508.21% to Rs 12.59 crore in the year ended March 2026 as against Rs 2.07 crore during the previous year ended March 2025. Sales rose 74.49% to Rs 101.08 crore in the year ended March 2026 as against Rs 57.93 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales25.2113.21 91 101.0857.93 74 OPM %-0.36-12.94 --0.581.78 - PBDT10.890.23 4635 13.223.21 312 PBT10.900.23 4639 13.223.21 312 NP10.27-0.38 LP 12.592.07 508 Powered by Capital Market - Live News