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.

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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.

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