Avance Technologies Q1 results due Aug 11, 2026

Board meeting set for August 11

Avance Technologies Limited has scheduled a board meeting on Tuesday, August 11, 2026, to consider and approve its standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The company also said the board will take on record the limited review report issued by the statutory auditor for the same quarter. The update was shared through a regulatory filing with BSE Limited.

The results are expected on 11/08/2026, according to the company’s stated earnings schedule. For market participants, the date matters because it is the next formal update after the company reported a sharp change in profitability in the March 2026 quarter, even as revenue trends softened.

What the company has told exchanges

In the BSE intimation dated 04 August 2026, Avance Technologies referenced two approvals: (1) standalone and consolidated unaudited financial results for the quarter ended June 30, 2026 and (2) the limited review report from the statutory auditor. The filing did not include financial figures for the June 2026 quarter.

The company’s corporate actions calendar shows multiple financial reporting milestones in 2026, including audited results and quarterly results across different dates. These disclosures form the regular information flow that investors use to compare sequential performance and check whether prior revenue and cost movements are sustaining.

Recent reporting timeline

The company’s disclosed schedule includes the following items:

Stock price check and 52-week range

As of 05 Aug, 2026 at 11:03 AM IST, Avance Tech share price was ₹0.90, down 1.09% versus the previous close of ₹0.90. Over the last 52 weeks, the stock recorded a low of ₹0.87 and a high of ₹3.15.

The wide range highlights that investors have seen meaningful price swings even though the absolute price level remains low. The August 11 result is the next scheduled event that could influence near-term trading activity, because it is the first reported quarter after the March 2026 audited period.

Valuation snapshot and listed peers

Avance Technologies has a trailing twelve month (TTM) P/E ratio of 14.27, compared with a sector P/E of 57.15. The comparison suggests the stock is valued at a lower earnings multiple than the stated sector measure, though investors typically weigh the quality and stability of earnings and revenue trends alongside any P/E gap.

Listed peers mentioned alongside Avance Technologies include Tata Consultancy Services (-0.80%), Infosys (0.81%), and HCL Technologies (0.60%). These figures reflect the listed peer moves provided in the data, and serve as a reference set for the broader IT and services space in which investors often benchmark sentiment.

FY26 results: profit up, sales down

For the year ended March 2026, Avance Technologies reported net profit of ₹13.24 crore, up 149.81% versus ₹5.30 crore in the year ended March 2025. Sales for FY26 were reported at ₹159.26 crore, down 7.28% from ₹171.77 crore in FY25.

The same FY26 numbers were also presented in lakh terms in the provided data: consolidated revenue from operations of ₹15,925.60 lakh (₹159.256 crore) and consolidated net profit of ₹1,323.61 lakh (₹13.2361 crore), indicating consistency after unit conversion. FY26 earnings per share (EPS) was reported at ₹0.067 versus ₹0.027 in FY25.

March 2026 quarter: revenue fell, profit jumped

For the quarter ended March 2026 (Q4 FY 2025-26), Avance Technologies reported consolidated revenue from operations of ₹30.935 crore compared with ₹48.312 crore in Q4 FY25. Consolidated total income for Q4 FY26 stood at ₹41.919 crore versus ₹50.318 crore in the corresponding quarter of the previous year.

Quarterly net profit for March 2026 was reported at ₹10.37 crore, compared with a net loss of ₹1.36 crore in March 2025. EBITDA for the March 2026 quarter was reported at ₹10.44 crore, up from ₹0.15 crore in March 2025. EPS increased to ₹0.05 in March 2026 from ₹0.01 in March 2025.

The company also disclosed sequential comparisons. Revenue from operations in Q4 FY26 was ₹30.935 crore versus ₹49.502 crore in Q3 FY26, while consolidated net profit rose to ₹10.3726 crore in Q4 FY26 from ₹2.0139 crore in Q3 FY26, a 415% quarter-on-quarter increase on the provided figures.

Operating trend indicators: QoQ and YoY changes

The data set includes percentage movements that describe how Q4 FY 2025-26 compared across periods. Avance Technologies reported a 16.9% quarter-on-quarter decrease in consolidated revenues for the quarter ended March 2026, and a 16.7% decline year-on-year. Expenses for the quarter were down 34.9% QoQ and 37.1% YoY.

Net profit was reported as up 415.9% QoQ and down 862.5% YoY in the same summary. Investors typically reconcile such percentage summaries with the absolute numbers disclosed in financial statements, especially when base effects or prior period losses can make percentage changes appear unusually large.

Key financial snapshot (all amounts in ₹ crore)

The following table consolidates the most material numbers stated in the provided data, converted to a single base unit.

Mutual fund holding: data not provided

The provided data indicates mutual fund holding in Avance Technologies was shown as “-%” and the change from the last quarter was also marked as “-”. Since a numeric figure is not available in the text, the mutual fund ownership level cannot be quantified from the provided information.

Why the August 11 update matters

The June 30, 2026 quarter result will give investors a fresh set of numbers after a year in which FY26 profits rose sharply even as annual sales declined. It will also indicate whether the March 2026 quarter’s profitability level is being sustained, especially given the mixed picture in reported revenue declines and expense reductions.

From a market perspective, the combination of a scheduled board meeting, a statutory auditor’s limited review report, and a stock trading near its 52-week low makes the date a key checkpoint. The next disclosure will also help investors compare Avance’s performance with the broader listed peer set mentioned in the data.

What to watch in the upcoming release

The company has only indicated the agenda items for the board meeting, not the financial outcome. When the results are published, investors will likely focus on revenue movement versus recent quarters, cost trends, and profit conversion, because the March 2026 quarter showed revenue pressure alongside a large rise in reported profitability.

The market will also track any accompanying notes in the unaudited financials and the limited review report, as these documents often clarify one-off items, classification changes, and segment-level context where applicable.