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Avance Technologies Ltd consolidated sales up 96.02% on year in Q2FY2026
11-Aug-2026, 08:51
Avance Technologies Ltd share price slipped 1.11% to Rs 0.89 after the company's net profit tanked by 76.18% to Rs 2.47 crore, while revenue from operations increased sharply by 96.02% to Rs 60.65 crore in Q2FY26 over Q1FY26. The market capitalization of Software Products industry group stocks on BSE stood at Rs 1.12 lakh crore, surging by 21.29%. It has improved by 1.90% over last one week and jumped by 25.72% in last one month while the market capitalization of Avance Technologies Ltd has softened by 1.10% and 10% in the same period respectively. Profit before tax (PBT) of Avance Technologies Ltd stood at Rs 2.47 crore in Q2 FY26, jumping 52.47% year-on-year, and nosediving by 76.20% quarter-on-quarter. EBITDA came in at Rs 1 crore, tumbling by 310.71% YoY and crashing by 105.12% sequentially. Total expenses jumped by 87.86% to Rs 59.12 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 0.03 crore, plunging by 40% YoY. For the TTM ended FY26, revenue from operations improved 19.04% to Rs 171.77 crore, while net profit grew slightly 8.61% to Rs 5.3 crore, compared to previous TTM. EBITDA tumbled by 103% to Rs 2.96 crore, and PBT witnessed a strong rise of 45.92% to Rs 7.34 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 80.75 crore in FY26, as against Rs 30.5 crore in FY25. Avance Technologies Ltd crashed 42.95% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.56% during the same period.
Avance Technologies Ltd share price slipped 1.11% to Rs 0.89 after the company's net profit tanked by 76.18% to Rs 2.47 crore, while revenue from operations increased sharply by 96.02% to Rs 60.65 crore in Q2FY26 over Q1FY26. The market capitalization of Software Products industry group stocks on BSE stood at Rs 1.12 lakh crore, surging by 21.29%. It has improved by 1.90% over last one week and jumped by 25.72% in last one month while the market capitalization of Avance Technologies Ltd has softened by 1.10% and 10% in the same period respectively. Profit before tax (PBT) of Avance Technologies Ltd stood at Rs 2.47 crore in Q2 FY26, jumping 52.47% year-on-year, and nosediving by 76.20% quarter-on-quarter. EBITDA came in at Rs 1 crore, tumbling by 310.71% YoY and crashing by 105.12% sequentially. Total expenses jumped by 87.86% to Rs 59.12 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 0.03 crore, plunging by 40% YoY. For the TTM ended FY26, revenue from operations improved 19.04% to Rs 171.77 crore, while net profit grew slightly 8.61% to Rs 5.3 crore, compared to previous TTM. EBITDA tumbled by 103% to Rs 2.96 crore, and PBT witnessed a strong rise of 45.92% to Rs 7.34 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 80.75 crore in FY26, as against Rs 30.5 crore in FY25. Avance Technologies Ltd crashed 42.95% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.56% during the same period.