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Avance Technology - Quaterly Results

28 May 2024 Evaluate
The total revenue hovered 7944.44% to Rs. 470.60 millions for the March 2024 quarter as against Rs. 5.85 millions during the corresponding quarter last year.The Total Profit for the quarter ended March 2024 of Rs. 10.68 millions grew from Rs.-0.67 millionsThe company reported a good operating profit of 12.18 millions compared to 0.30 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 470.60 5.85 7944.44 692.89 305.32 126.94 692.89 305.32 126.94
Other Income 25.32 0.00 0.00 25.32 0.12 21000.00 25.32 0.12 21000.00
PBIDT 12.18 0.30 3960.00 22.29 5.03 343.14 22.29 5.03 343.14
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBDT 12.18 0.30 3960.00 22.29 5.03 343.14 22.29 5.03 343.14
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT 12.18 0.30 3960.00 22.29 5.03 343.14 22.29 5.03 343.14
TAX 1.50 0.97 54.64 1.50 0.97 54.64 1.50 0.97 54.64
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 10.68 -0.67 -1694.03 20.79 4.06 412.07 20.79 4.06 412.07
Equity 1981.92 1981.92 0.00 1981.92 1981.92 0.00 1981.92 1981.92 0.00
PBIDTM(%) 2.59 5.13 -49.53 3.22 1.65 95.27 3.22 1.65 95.27
Peers
Company Name CMP
TCS 2267.00
Infosys 1062.20
HCL Technologies 1321.00
Wipro 168.90
Tech Mahindra 1542.00
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