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AVNAvanceon LtdAvanceon Limited announced unaudited results for the quarter ended 2026-03-31. The board meeting held on 2026-05-22 recommended no cash dividend, bonus shares, right shares, or other corporate action. Standalone performance improved year-on-year, with revenue rising to Rs 686.669 million and profit after tax to Rs 64.546 million. However, consolidated results were weaker despite higher revenue, as group profit after tax fell to Rs 57.450 million from Rs 271.631 million in the comparable quarter.
| Metric | PreviousQuarter ended March 31, 2025 | CurrentQuarter ended March 31, 2026 | Change |
|---|---|---|---|
| Consolidated revenue | 2,520,851 | 3,760,832 | +49.2% |
| Consolidated gross profit | 977,956 | 894,793 | -8.5% |
| Consolidated operating profit | 431,276 | 170,525 | -60.5% |
| Consolidated profit after tax attributable to total group | 271,631 | 57,450 | -78.8% |
| Consolidated basic EPS | 0.63 | 0.13 | -79.4% |
| Consolidated finance costs | 146,690 | 93,907 | -36% |
| Consolidated cash and bank balances | 1,085,222 | 494,492 | -54.4% |
| Consolidated finances under mark-up arrangements and other credit facilities - secured | 3,029,249 | 2,455,085 | -19% |
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
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