Quarterly Result12 Nov 2026, 11:01 pm
Avalon Technologies Q2 FY27 Results: Revenue Up 37.4% YoY
AI Summary
Avalon Technologies announced its financial results for the second quarter and half year ended September 30, 2026. Revenue from operations grew by 37.4% year-on-year to ₹525.4 crore in Q2 FY27, and by 43.1% to ₹1009.8 crore in H1 FY27. PAT for Q2 FY27 increased by 59.5% YoY to ₹39.8 crore, and for H1 FY27 by 90.6% YoY to ₹74.7 crore. The company also signed an MOU with the Government of Tamil Nadu for land acquisition and formed a strategic joint venture with Zollner Elektronik AG. A preferential issue of warrants worth ₹425 crore to Zollner Elektronik AG was approved, subject to shareholder approval.
Key Highlights
- Revenue grew 37.4% YoY to ₹525.4 Cr in Q2 FY27.
- PAT increased 59.5% YoY to ₹39.8 Cr in Q2 FY27.
- Signed MOU for land and formed JV with Zollner Elektronik AG.
- Approved preferential issue of warrants worth ₹425 Cr.
- Net working capital days improved to 120 days.
Price Impact
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