Key Financial Figures - Standalone (₹ in Millions)
Quarter Ended June 30, 2026 (Unaudited)
- Revenue from Operations: ₹2,106.40
- Other Income: ₹65.57
- Total Income: ₹2,171.97
- Total Expenses: ₹1,905.69
- Profit Before Tax: ₹266.28
- Tax Expense: ₹64.79 (Current Tax: ₹64.22, Deferred Tax: ₹0.57)
- Profit for the Period: ₹201.49
- Other Comprehensive Income: ₹(5.44)
- Total Comprehensive Income: ₹196.05
- Paid-up Equity Share Capital: ₹133.62
- Earnings Per Share: Basic ₹3.02, Diluted ₹3.00
Comparative Figures - Standalone
Quarter Ended March 31, 2026:
- Revenue from Operations: ₹2,337.20
- Other Income: ₹149.70
- Total Income: ₹2,486.90
- Profit Before Tax: ₹355.14
- Profit for the Period: ₹262.00
- EPS: Basic ₹3.92, Diluted ₹3.91
Quarter Ended June 30, 2025:
- Revenue from Operations: ₹1,664.94
- Other Income: ₹58.40
- Total Income: ₹1,723.34
- Profit Before Tax: ₹192.96
- Profit for the Period: ₹145.77
- EPS: Basic ₹2.19, Diluted ₹2.18
Key Financial Figures - Consolidated (₹ in Millions)
Quarter Ended June 30, 2026 (Unaudited)
- Revenue from Operations: ₹4,844.14
- Other Income: ₹28.17
- Total Income: ₹4,872.31
- Total Expenses: ₹4,384.92
- Profit Before Tax: ₹487.39
- Tax Expense: ₹138.70 (Current Tax: ₹114.68, Deferred Tax: ₹24.02)
- Profit for the Period: ₹348.69 (100% attributable to equity holders)
- Other Comprehensive Income: ₹(12.54)
- Total Comprehensive Income: ₹336.15
- Paid-up Equity Share Capital: ₹133.62
- Earnings Per Share: Basic ₹5.22, Diluted ₹5.20
Comparative Figures - Consolidated
Quarter Ended March 31, 2026:
- Revenue from Operations: ₹4,798.91
- Other Income: ₹119.20
- Total Income: ₹4,918.11
- Profit Before Tax: ₹562.64
- Profit for the Period: ₹411.51
- EPS: Basic ₹6.16, Diluted ₹6.14
Quarter Ended June 30, 2025:
- Revenue from Operations: ₹3,233.08
- Other Income: ₹16.57
- Total Income: ₹3,249.65
- Profit Before Tax: ₹193.07
- Profit for the Period: ₹142.14
- EPS: Basic ₹2.14, Diluted ₹2.12
Year Ended March 31, 2026 (Audited):
- Revenue from Operations: ₹16,032.05
- Other Income: ₹289.21
- Total Income: ₹16,321.26
- Profit Before Tax: ₹1,536.47
- Profit for the Year: ₹1,129.46
- EPS: Basic ₹16.95, Diluted ₹16.86
Operational Highlights
- The company operates in one reportable business segment: Electronics Manufacturing Services (EMS) with capabilities in printed circuit board assembly, custom cable and wire harnesses.
- Consolidated results include the following entities: Avalon Technologies Limited (Holding Company), Avalon Technology and Services Private Limited, Sienna Ecad Technologies Private Limited, and ABV Electronics, Inc. (D/B/A Sienna Corporation), United States of America.
Capital Structure Update
- During the quarter ended June 30, 2026, the company allotted 45,592 equity shares upon exercise of employee stock options by eligible employees.
- Total employee stock options granted: 2,003,321
- Outstanding employee stock options as of June 30, 2026: 329,083
Audit and Review Status
- Financial results have been prepared in accordance with Indian Accounting Standards (Ind-AS)
- Results reviewed and recommended by the Audit Committee and approved by the Board of Directors on August 4, 2026
- Limited review report issued by statutory auditors Varma & Varma (FRN. 004532S)
- The quarter ended March 31, 2026 figures represent balancing figures between audited full-year results and published unaudited year-to-date figures up to the third quarter