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Avance Technologies ‘s Latest Q2 Report: Profit Up by 290% Year-on-Year

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 160.57 % in the past year, decrease in net sales/revenue by -5.67 %.
  • Profit over the Year and quarter: Significant improvement in profitability for Avance Technologies Ltd.. Notable increase of 292.52 % in net profit Year to Year, Avance Technologies Ltd.’s profitability increased by 24.28 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -50.00 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Avance Technologies Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 16.965 Cr Rs. 46.865 Cr Rs. 44.206 Cr -5.67 % + 160.57 %
Expenses Rs. 16.27 Cr Rs. 44.67 Cr Rs. 41.48 Cr -7.14 % + 154.95 %
Operating Profit Rs. 0.7 Cr Rs. 2.19 Cr Rs. 2.73 Cr + 24.66 % + 290 %
OPM % 4.13 % 4.67 % 6.18 % + 1.51 % + 2.05 %
Other Income Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. 0.7 Cr Rs. 2.19 Cr Rs. 2.73 Cr + 24.66 % + 290 %
Tax % 0 % 0 % 0 % 0 % 0 %
Net Profit Rs. 0.7 Cr Rs. 2.2 Cr Rs. 2.73 Cr + 24.09 % + 290 %
EPS in Rs Rs. 0.02 Rs. 0.01 Rs. 0.01 + 0 % -50 %


Today, we’re looking at Avance Technologies Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 160.57 %. However, it did see a marginal slip of -5.67 % from the previous quarter. Expenses decreased slightly by -7.14 % quarter-on-quarter, aligning with the annual rise of 154.95 %. Operating profit, while up 290 % compared to last year, faced a quarter-on-quarter increase of 24.66 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.05 %, but an expansion of 1.51 % sequentially. Profit before tax grew annually by 290 % but saw an increase from the preceding quarter by 24.66 %.
Net profit rose by 290 % year-on-year but experienced a 24.09 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50 % but a quarterly rise of 0 %. In summary, Avance Technologies Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 16.965 Cr Rs. 46.865 Cr Rs. 44.206 Cr -5.67 % + 160.57 %
Expenses Rs. 16.27 Cr Rs. 44.67 Cr Rs. 41.48 Cr -7.14 % + 154.95 %
Operating Profit Rs. 0.7 Cr Rs. 2.19 Cr Rs. 2.73 Cr + 24.66 % + 290 %
Net Profit Rs. 0.7 Cr Rs. 2.2 Cr Rs. 2.73 Cr + 24.09 % + 290 %
EPS in Rs Rs. 0.02 Rs. 0.01 Rs. 0.01 + 0 % -50 %


In reviewing Avance Technologies Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 160.57 % year-on-year growth, although there was a slight dip of -5.67 % from the previous quarter. Expenses rose by 154.95 % compared to the previous year, with a decrease of -7.14 % quarter-on-quarter. Operating Profit surged by 290 % annually, and saw a 24.66 % increase from the last quarter.
Net Profit showed yearly increase of 290 %, and experienced a 24.09 % increase from the previous quarter. Earnings Per Share (EPS) fell by -50 % annually, however rose by 0 % compared to the last quarter. In essence, while Avance Technologies Ltd. exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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