Avance Technologies Q2 FY27 Results: Net Loss of ₹5.9 Cr, Loss Widens
Avance Technologies Ltd reported revenue from operations of ₹32.2 Cr (-22.2% YoY) and a net loss of ₹5.9 Cr for Q2 FY27.
- Key figure
- Net loss ₹5.9 Cr
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Avance Technologies Ltd reported revenue from operations of ₹32.2 Cr (-22.2% YoY) and a net loss of ₹5.9 Cr for Q2 FY27.
Avance Technologies will meet on 2 November 2026 to consider unaudited quarterly and half-year results ended September 2026. Trading window stays closed until 48 hours after declaration.
Avance Technologies incorporated wholly-owned subsidiary Avance Holding Private Limited for securities investment. The entity was registered on 21 October 2026 with 100% parent ownership.
Avance Technologies Ltd submitted its quarterly shareholding pattern for the period ended September 30, 2026, as required by SEBI Regulation 31(1)(b).
Avance Technologies held its 42nd Annual General Meeting on 29th September 2026. The meeting transacted all business items as set out in the AGM notice.
Avance Technologies Limited has scheduled its 42nd Annual General Meeting for September 29, 2026. The cut-off date for e-voting is set for September 22, 2026.
Avance Technologies Limited has submitted its Annual Report and the Notice of the 42nd Annual General Meeting for the financial year 2025-26.
Avance Technologies approved the notice and date of its 42nd AGM, scheduled for September 29, 2026. The meeting also includes director and auditor re-appointments.
Avance Technologies submitted the voting results and Scrutinizer's report for the postal ballot conducted in August 2026. All proposed resolutions were passed by the shareholders.
Avance Technologies Ltd reported revenue from operations of ₹60.6 Cr (+62.0% YoY) and net profit of ₹2.5 Cr (+56.2% YoY) for Q1 FY27.
Avance Technologies Limited has scheduled a board meeting for August 11, 2026, to consider and approve its standalone and consolidated unaudited financial results.
Avance Technologies Ltd has submitted its quarterly shareholding pattern for the period ending June 30, 2026, as per regulatory requirements.
Avance Technologies issued a Postal Ballot Notice for shareholder approval of auditor and director appointments. Remote e-voting concludes on August 14, 2026.
Avance Technologies approved the appointment of Mr. Santosh Hambare as Managing Director. The board also proposed a new statutory auditor and initiated a postal ballot process.
Avance Technologies appointed Santosh Hambare as MD and CFO, and Dipak Gaikwad as Independent Director. Latesh Poojary was redesignated as Non-Executive Director.
Avance Technologies reported FY26 revenue of ₹159.26 Crore and net profit of ₹13.24 Crore. Profit surged 150% YoY, reflecting improved financial efficiency and business fundamentals.
Avance Technologies Ltd reported revenue from operations of ₹30.9 Cr (-36.0% YoY) and net profit of ₹10.4 Cr for Q4 FY26.
Avance Technologies reported FY26 consolidated revenue of ₹159.26 Crore and a 150% profit surge to ₹13.24 Crore. The board approved these audited results today.
Avance Technologies filed its FY2026 Annual Secretarial Compliance Report. It noted a ₹0.27 Crore BSE penalty for delayed submission of December 2025 financial results.
Avance Technologies Ltd reported revenue from operations of ₹49.5 Cr (+52.8% YoY) and net profit of ₹2 Cr (+17.6% YoY) for Q3 FY26.
Avance Technologies reported unaudited financial results for the quarter ended December 2025. Standalone nine-month profit before tax reached ₹2.32 Crore, reflecting stable operational performance.
Avance Technologies scheduled a board meeting for May 29, 2026, to approve audited financial results. The trading window remains closed until 48 hours post-declaration.
Avance Technologies appointed M/s. A. Raghavendra Rao & Associates as Statutory Auditors. The firm fills a casual vacancy following the previous auditor's resignation.