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Avance Technology - Quaterly Results

13 Aug 2024 Evaluate
The Turnover for the quarter ended June 2024 of Rs. 42.30 millions increase by 65.49% from Rs. 25.56 millions.The Net Profit of the company vaulted to 124.72% to Rs. 4.00  millions from Rs. 1.78 millions in the previous quarter.Operating profit for the quarter ended June 2024 rose to 4.00 millions as compared to 1.78 millions of corresponding quarter ended June 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 42.30 25.56 65.49 42.30 25.56 65.49 692.89 305.32 126.94
Other Income 0.00 0.00 0.00 0.00 0.00 0.00 25.32 0.12 21000.00
PBIDT 4.00 1.78 124.72 4.00 1.78 124.72 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 4.00 1.78 124.72 4.00 1.78 124.72 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 4.00 1.78 124.72 4.00 1.78 124.72 22.29 5.03 343.14
TAX 0.00 0.00 0.00 0.00 0.00 0.00 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 4.00 1.78 124.72 4.00 1.78 124.72 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(%) 9.46 6.96 35.79 9.46 6.96 35.79 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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