According to reports from Business Standard, Avalon Technologies delivered exceptional financial performance in the quarter ended June 2026, with consolidated net profit rising 145% to ₹348.69 crore compared to ₹142.14 crore in the corresponding quarter of the previous year. The board of directors approved these results on August 4, 2026, ahead of the scheduled earnings call on August 5, 2026. This substantial profit growth demonstrates the company's strong operational efficiency and market positioning during the quarter, with the disproportionate rise in consolidated net profit relative to revenue growth highlighting improved operating leverage.
As reported by Business Standard, the company's sales increased 50% to ₹4,844.14 crore in Q1 FY2026, up from ₹3,233.08 crore in the same quarter of the previous financial year. This significant revenue growth indicates robust business expansion and market demand for the company's products and services during the quarter. The Chennai-based Electronics Manufacturing Services (EMS) provider saw standalone revenue from operations surge 27% to ₹2,106.40 million, reflecting robust order execution across its global footprint.
According to the latest financial data, the company's EBITDA rose to ₹580 million from ₹299 million in Q1 FY2025, with EBITDA margin expanding to 11.96% from 9.24% year-on-year. This represents a 272 basis points improvement driven by improved operating leverage and controlled employee benefit expenses. Employee benefit expenses rose 32% to ₹834.13 million, lagging revenue growth, which further supports margin expansion. The sharp growth builds on the momentum of a strong finish to the previous fiscal year and is anchored by an executable order book of ₹2,196 crore.
The company's profit before tax surged 152% to ₹487.39 crore during the quarter, while standalone net profit grew 38% to ₹201.49 crore. Basic earnings per share (EPS) rose to ₹5.22 on a consolidated basis compared to ₹2.14 in Q1FY25, with diluted EPS at ₹5.20 versus ₹2.12 in the corresponding quarter of the previous fiscal year. The results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at meetings held on August 4, 2026, with the unaudited standalone and consolidated financial statements prepared in accordance with Indian Accounting Standards.
