Avalon Technologies Announces Audited Financial Results for Fiscal Year 2026

Avalon Technologies Limited has released its audited financial results for the quarter and year ended March 31, 2026. The company reported a consolidated revenue of ₹16,032.05 million for the full financial year, alongside a net profit of ₹1,129.46 million. Furthermore, the board approved the allotment of 21,534 equity shares to employees under the company’s stock option plan, reflecting growth in the firm’s capital structure.

Financial Performance Overview

Avalon Technologies has demonstrated strong financial performance for the fiscal year ending March 31, 2026. The company achieved a consolidated revenue from operations of ₹16,032.05 million, marking a significant increase compared to the previous fiscal year. Consolidated profit for the year stood at ₹1,129.46 million, showcasing robust operational efficiency throughout the period.

Quarterly Highlights

During the final quarter (Q4: Jan-Mar 2026), the company generated consolidated revenue of ₹4,798.91 million, with a quarterly profit of ₹411.51 million. These figures underscore the company’s consistent momentum in its core business segment of providing Electronics Manufacturing Services (EMS), including printed circuit board assembly and custom wire harnesses.

Strategic Capital Updates

Reflecting its commitment to employee incentivization and capital expansion, the Board of Directors approved the allotment of 21,534 equity shares to eligible employees. These shares were issued under the “AVALON- Employee Stock Option Plan 2022”. Following this allotment, the company’s paid-up equity share capital has increased to INR 13,35,75,394, consisting of 6,67,87,697 equity shares with a face value of INR 2/- each.

Corporate Governance and Audit

The financial results have received an unmodified opinion from the company’s statutory auditors, Varma & Varma, Chartered Accountants. The audit confirms that the results have been prepared in compliance with all relevant accounting standards and provide a true and fair view of the company’s financial health as of March 31, 2026.

Source: BSE

Previous Article

Awfis Space Solutions GST Department Drops Tax Demands Totaling ₹2.96 Crore

Next Article

ACME Solar Holdings Subsidiary Commissions 8 MW Wind Power Project in Gujarat