Avance Technologies Ltd

Avance Technologies Q1 FY25 Results: Revenue Surge & Leadership Update 📊

- Standalone Revenue from Operations for Q1 FY25: ₹2520.81 lakhs, up from ₹423.01 lakhs in Q1 FY24.

- Consolidated Revenue from Operations for Q1 FY25: ₹3741.90 lakhs, compared to ₹4686.45 lakhs in Q1 FY24.

- Un-Audited Standalone Financial Results for Q1 FY25: Profit before tax of ₹54.13 lakhs.

- Un-Audited Consolidated Financial Results for Q1 FY25: Profit before tax of ₹162.06 lakhs.

- Standalone EPS (Basic) for Q1 FY25: ₹0.00; Consolidated EPS (Basic): ₹0.01.

- Board approved the re-designation of Mr. Latesh Poojary as Chairman and Managing Director, subject to shareholder approval.

- Board approved raising funds via rights issue of equity shares up to ₹49.90 Crores.

- Limited Review Reports confirmed no material misstatements in the financial results.