Key Financial Figures - Standalone (Amount in ₹ Lakhs)

Quarterly Performance (Q2 FY27)

  • Total Income: ₹1,073.34
  • Revenue from Operations: ₹979.17
  • Other Income: ₹94.17
  • Total Expenses: ₹991.49
  • Purchases of stock-in-trade: ₹979.02
  • Depreciation and amortization: ₹5.30
  • Other expenses: ₹7.12
  • Profit Before Tax: ₹81.85
  • Tax Expenses: ₹0.00
  • Net Profit: ₹81.85
  • Earnings Per Share (EPS): Basic and Diluted ₹0.004

Half-Yearly Performance (H1 FY27)

  • Total Income: ₹2,956.22
  • Revenue from Operations: ₹2,767.87
  • Other Income: ₹188.34
  • Total Expenses: ₹2,846.40
  • Profit Before Tax: ₹109.81
  • Net Profit: ₹109.81
  • EPS: Basic and Diluted ₹0.006

Comparative Figures (Q2 FY26)

  • Total Income: ₹2,610.55
  • Net Profit: ₹88.07
  • EPS: ₹0.004

Key Financial Figures - Consolidated (Amount in ₹ Lakhs)

Quarterly Performance (Q2 FY27)

  • Total Income: ₹3,310.43
  • Revenue from Operations: ₹3,216.17
  • Other Income: ₹94.26
  • Total Expenses: ₹3,905.32
  • Purchases of stock-in-trade: ₹3,323.75
  • Changes in inventories: ₹545.77
  • Other expenses: ₹30.30
  • Loss Before Tax: ₹(594.89)
  • Tax Expenses: ₹0.00
  • Net Loss: ₹(594.89)
  • Earnings Per Share (EPS): Basic and Diluted ₹(0.030)

Half-Yearly Performance (H1 FY27)

  • Total Income: ₹9,469.33
  • Total Expenses: ₹9,817.63
  • Loss Before Tax: ₹(348.30)
  • Net Loss: ₹(348.30)
  • EPS: Basic and Diluted ₹(0.018)

Balance Sheet Highlights - Standalone (As of 30-09-2026)

  • Total Assets: ₹45,186.98 lakhs
  • Non-Current Assets: ₹39,232.78 lakhs
  • Non-current financial assets: ₹15,692.26 lakhs
  • Non-current tax assets: ₹12,935.63 lakhs
  • Current Assets: ₹5,954.20 lakhs
  • Current investments: ₹3,305.54 lakhs
  • Trade receivables: ₹2,478.98 lakhs
  • Equity: ₹38,911.01 lakhs
  • Share capital: ₹19,819.17 lakhs
  • Other equity: ₹19,091.84 lakhs
  • Total Liabilities: ₹6,275.98 lakhs

Cash Flow Statement - Standalone (H1 FY27)

  • Net cash from operating activities: ₹(170.88) lakhs
  • Net cash from investing activities: ₹188.34 lakhs
  • Net cash from financing activities: ₹0.00
  • Net decrease in cash: ₹(12.53) lakhs

Audit and Compliance Details

  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors.
  • Statutory Auditors M/s. A. Raghavendra Rao & Associates (FRN: 003324S) issued a Limited Review Report.
  • The review was conducted in accordance with Standard on Review Engagement (SRE) 2410.
  • The auditors concluded that nothing came to their attention suggesting the financial results are not prepared in accordance with applicable accounting standards.

Subsidiary Information

The consolidated results include the following entities:

1. Avance Ventures Private Limited

2. Verticore Technologies Private Limited

3. Avance Platforms Private Limited

Subsequent Event

The company incorporated a wholly-owned subsidiary, Avance Holding Private Limited, on October 21, 2026, after the quarter ended.

Additional Notes

  • The financial statements are prepared in accordance with Indian Accounting Standards (Ind AS).
  • The company operates in a single primary business segment.
  • Provision for taxes, if any, will be made at the year-end.
  • Previous period figures have been re-grouped and re-classified where necessary.