Net profit of Avalon Technologies declined 68.91% to Rs 7.06 crore in the quarter ended March 2024 as against Rs 22.71 crore during the previous quarter ended March 2023. Sales declined 20.23% to Rs 216.81 crore in the quarter ended March 2024 as against Rs 271.80 crore during the previous quarter ended March 2023.For the full year,net profit declined 46.69% to Rs 27.99 crore in the year ended March 2024 as against Rs 52.50 crore during the previous year ended March 2023. Sales declined 8.21% to Rs 867.17 crore in the year ended March 2024 as against Rs 944.72 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales216.81271.80 -20 867.17944.72 -8 OPM %7.9315.07 -7.2111.92 - PBDT16.0635.36 -55 60.9592.35 -34 PBT9.9430.17 -67 38.0672.69 -48 NP7.0622.71 -69 27.9952.50 -47 Powered by Capital Market - Live News

Avalon Technologies will hold a meeting of the Board of Directors of the Company on 16 May 2024Powered by Capital Market - Live News

Avalon Technologies has allotted 61,123 equity shares under ESOP on 19 March 2024. In terms of the aforesaid allotment of equity shares, the paid-up capital of the Company stands increased from Rs 13,13,03,138 comprising of 6,56,51,569 equity shares to Rs 13,14,25,384 comprising of 6,57,12,692 equity shares of Rs. 2/- eachPowered by Capital Market - Live News

Net profit of Avalon Technologies rose 14.83% to Rs 6.58 crore in the quarter ended December 2023 as against Rs 5.73 crore during the previous quarter ended December 2022. Sales declined 7.92% to Rs 214.27 crore in the quarter ended December 2023 as against Rs 232.69 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales214.27232.69 -8 OPM %7.728.68 - PBDT15.0712.86 17 PBT9.077.82 16 NP6.585.73 15 Powered by Capital Market - Live News

Avalon Technologies will hold a meeting of the Board of Directors of the Company on 1 February 2024.Powered by Capital Market - Live News