Avance Technologies Reports FY26 Net Profit Surge

02 Jun 2026 CW Team

Consolidated revenue for FY26 was Rs 1,592.56 mn versus Rs 1,717.65 mn in FY25, while consolidated total income was Rs 1,730.97 mn against Rs 1,739.63 mn. Management said steady operations and cost optimisation supported margin expansion. Outcomes were driven by a focus on improving returns and business fundamentals.

In the fourth quarter ended March 31, 2026 consolidated revenue from operations was Rs 309.35 mn versus Rs 483.12 mn in the year-ago quarter and consolidated total income was Rs 419.19 mn against Rs 503.18 mn. The company recorded a quarterly net profit of Rs 103.73 mn compared with a net loss of Rs minus 13.62 mn in Q4 FY25, a material turnaround. Quarterly earnings reflected tighter cost control and operational discipline.

On a sequential basis Q4 revenue fell to Rs 309.35 mn from Rs 495.02 mn in Q3 FY26 and total income declined to Rs 419.19 mn from Rs 504.45 mn. Consolidated net profit rose to Rs 103.73 mn from Rs 20.14 mn in Q3, a 415 per cent quarter-on-quarter increase. The managing director described FY26 as pivotal, noting value was unlocked from the balance sheet and returns improved through tactical investments and disciplined financial management.

ATL said it will continue to strengthen operational capabilities, improve execution efficiency and explore scalable opportunities across technology-driven segments, noting that digital transformation trends are expected to create long-term opportunities. The company distributes information technology products and offers digital marketing and cloud services among other technology solutions.

Avance Technologies Limited (ATL) reported consolidated revenue from operations for the year ended March 31, 2026 of Rs 1,592.56 million (mn) and consolidated net profit of Rs 132.36 mn, a 150 per cent year-on-year rise. Results reflected improved financial efficiency and disciplined operational execution. Earnings per share for FY26 were Rs zero point zero six seven compared with Rs zero point zero two seven in FY25. Consolidated revenue for FY26 was Rs 1,592.56 mn versus Rs 1,717.65 mn in FY25, while consolidated total income was Rs 1,730.97 mn against Rs 1,739.63 mn. Management said steady operations and cost optimisation supported margin expansion. Outcomes were driven by a focus on improving returns and business fundamentals. In the fourth quarter ended March 31, 2026 consolidated revenue from operations was Rs 309.35 mn versus Rs 483.12 mn in the year-ago quarter and consolidated total income was Rs 419.19 mn against Rs 503.18 mn. The company recorded a quarterly net profit of Rs 103.73 mn compared with a net loss of Rs minus 13.62 mn in Q4 FY25, a material turnaround. Quarterly earnings reflected tighter cost control and operational discipline. On a sequential basis Q4 revenue fell to Rs 309.35 mn from Rs 495.02 mn in Q3 FY26 and total income declined to Rs 419.19 mn from Rs 504.45 mn. Consolidated net profit rose to Rs 103.73 mn from Rs 20.14 mn in Q3, a 415 per cent quarter-on-quarter increase. The managing director described FY26 as pivotal, noting value was unlocked from the balance sheet and returns improved through tactical investments and disciplined financial management. ATL said it will continue to strengthen operational capabilities, improve execution efficiency and explore scalable opportunities across technology-driven segments, noting that digital transformation trends are expected to create long-term opportunities. The company distributes information technology products and offers digital marketing and cloud services among other technology solutions.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..