BSEResult1d ago · 11 Aug 2026, 06:30 pm
Declaration of Un-Audited Financial Results for the quarter ended 30th June, 2026.
Avance Technologies Ltd · 512149
✦ AI SummaryResults
Avance Technologies Ltd has declared its un-audited financial results for the quarter ended 30th June, 2026, showing revenue from operations at Rs. 1,788.70 lakhs. The report is based on a limited review by A. Raghavendra Rao & Associates, Chartered Accountants.
Analysis Scores
Earnings Impact6/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10
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Avance Technologies Ltd - 512149 - Declaration Of Un-Audited Financial Results For The Quarter Ended 30Th June, 2026.
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CINL:5 1900MH1985PLC035210
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A. Raghavendra Rao & Associates., Flat No. SF-2, z nd Floor, Sampurna chambers,
Chartered Accountants No. 13, Vasavi Temple Street, V. V. Puram,
CA:· Basavanagudi, Bengaluru-560004.
Ph: 080-26625335, +9194495-34815
I NOIA Email: arra.bangalore@yahoo.com
INDEPENDENT AUDITOR'S LIMITED REVIEW REPORT OF AVANCE TECHNOLOGIES
LIMITED ON THE QUARTERLY AND YEAR TO DATE UNAUDITED STANDALONE
FINANCIAL RESULTS
The Management
Avance Technologies Limited
Regd. Office: 404, Corporate Annexe,
Sonawala Road, Goregaon (East),
Mumbai- 400 063, Maharashtra.
We have reviewed the accompanying Unaudited Standalone Financial Results of AVANCE
TECHNOLOGIES LIMITED ("the Company"), which comprise the Balance Sheet as at 30th
June 2026 and year to date from O1 st April 2026 to 30th June 2026, the Statement of Profit and Loss and
other relevant statements for the period then ended, and a summary of significant accounting policies
and other explanatory information ( collectively referred to as the "Quarterly Financial Statements").
Management's Responsibility
The preparation of these Quarterly Financial Statements is the responsibility of the Company's
Management, including the design, implementation, and maintenance of internal control relevant to the
preparation and presentation of the financial statements statement in accordance with the recognition
and measurement principles laid down in Indian Accounting Standards 34, (Ind AS 34) "Interim
Financial reporting" prescribed under Section 13 3 of the Companies Act, 2013 as amended, read with
relevant rules issued thereunder and other accounting principles generally accepted in India and in
compliance with the Regulation 33 of the listing Regulations.
Auditor's Responsibility
Our responsibility is to issue a report on these Quarterly Financial Statements based on our limited
review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410,
Engagements to Review Financial Statements issued by the Institute of Chartered Accountants oflndia.
This standard requires that we plan and perform the review to obtain moderate assurance as to whether
the financial statements are free of material misstatement.
A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing
and consequently does not enable us to obtain assurance that we would become aware of
matters that might be identified in an audit. Accordingly, we do not express an audit opin
Conclusion
Based on our review conducted as above, nothing has come to our attention that causes us to believe that
the accompanying Quarterly Financial Statements are not prepared, in all material respects, in
accordance with the applicable accounting standards and other recognized accounting practices.
Furthermore, as per the information provided by the management, nothing has come to our attention that
causes us to believe that the Company has not disclosed the information required to be disclosed in terms
of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
including the manner in which it is to be disclosed.
Restriction on Use
This report has been prepared exclusively for the internal use of the Management. Accordingly, this
report should not be used, circulated, quoted, or distributed for any other purpose or to any other parties
without our prior written consent.
For A. Raghavendra Rao & Associates
Chartered Accountants
FRN. 003324S
Partner
M No. 205603
UDIN: 26205603LZLHAP8244
Place: Bengaluru
Date: 11-08-2026
AVANCE TECHNOLOGIES LIMITED
CIN: L51900MH1985PLC035210
Regd. Off.: 404, Corporate Annexe, Sonawala Road, Goregaon (East), Mumbai, Maharashtra - 400 063.
Phone: +9186558 659851 Website: www.avance.in I Email: info@avance.in/ avancetechnologiesltd@gmail.com
STATEMENT OF STANDALONE UN-AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30.06.2026
(Amount in Lakhs)
Sr. Particulars Standalone
No. 3 months Preceding 3 Corresponding Previous year
ended months ended 3 months ended ended
in the previous
vear
30.06.2026 31.03.2026 30.06.2025 31.03.2026
(Un-Audited) (Audited) (Un-Audited) (Audited)
1 Income
(a)Revenue From Operations 1,788.70 2,520.66 2,520.81 10,108.23
(b )Other Income 94.17 1,098.38 94.17 1,380.90
Total Income 1,882.87 3,619.05 2,614.98 11,489.13
2 Expenses
(a) Cost of materials consumed 0.00 0.00 0.00 0.00
(b) Purchases of stock-in-trade 1,788.57 2,520.96 2,533.45 10,109.31
(c) Changes in inventories of finished 0.00 (0.04) (12.52) (0.01)
goods,. work-in-progress and stock-in-
trade
( e) Finance Cost 0.00 0.00 0.00 0.00
( d) Employee Benefits Expenses 2.74 4.24 2.8.6 7.87
(f) Depreciation and amortisation expense 0.04 (1.12) 0.00 0.02
(g) Other expenses (Any item exceeding 63.56 4.45 37.06 49.61
10% of the total expenses relating to
continuing operations to be shown
separately)
Total Expenses 1,854.92 2,528.49 2,560.85 10,166.80
3 Profit/ (Loss) before exceptional items 27.96 1,090.56 54.13 1,322.33
and tax (1-2)
4 Exceptional Items 0.00 0.00 0.00 0.00
5 Profit/ (Loss) before tax (3-4) 27.96 1,090.56 54.13 1,322.33
6 Tax Expenses
(a) Current Tax 0.00 87.00 0.00 87.00
(b) Income tax of Earlier period 0.00 (23. 70) 0.00 (23.70)
(c) Deferred Tax 0.00 0.00 0.00 0.00
7 Total Tax Expenses 0.00 63.30 0.00 63.30
·8 Profit/(Loss) for a period from 27.96 1,027.26 54.13 1,259.04
continuing operations (5-7)
9 Profit/ (Loss) for a period from dis - 0.00 0.00 0.00 0.00
continuing operations
10 Tax Expenses of discontinued operations 0.00 0.00 0.-00 0.00
11 Profit/ (Loss) for a period from dis - 0.00 0.00 0.00 0.00
continuing operations (after tax) (9-
12 Other Comprehensive Income/ (Loss)
A) (i) Amount of items tha,t will. not be 0.00 0.00 0.00 0.00
reclassified to profit or loss
(ii) Income tax relating to items that will 0.00 0.00 0.00 0.00
not be reclassified to profit or loss
B) (i) Amount of items that will be 0.00 0.00 0.00 0.00
reclassified to profit or loss
AVANCE TECHNOLOGIES LIMITED
CIN: L51900MH1985PLC035210
Regd. Off.: 404, Corporate Annexe, Sonawala Road, Goregaon (East), Mumbai, Maharashtra - 400 063.
Phone: +9186558 65985 I Website: www.avance.in I Email: info@avance.in/ avancetechnologiesltd@mnail.com
STATEMENT OF STANDALONE UN-AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30.06.2026
(Amount in Lakhs)
Sr. Particulars Standalone
No. 3 m
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