PNN

Mumbai (Maharashtra) [India], May 27: Avatar Industries Limited today announced its Consolidated and Standalone Financial Results for the quarter and financial year ended March 31, 2026, reporting a strong improvement in operational performance driven by the commencement of substantial revenue generation from operations and improving business execution.

Key Highlights

- Revenue from Operations stood at 10,287.38 Lakhs during FY26.

- Consolidated Total Income increased sharply to 10,354.97 Lakhs, registering a strong28,414% Year-on-Year growth.

- Consolidated Net Profit for FY26 stood at 37.32 Lakhs, reflecting a strong 336% Year-on-Year increase.

- Company reported an EPS of 0.358 per share during FY26.

- Q4 FY26 Revenue from Operations stood at 10,287.38 Lakhs, reflecting strong operationalmomentum.

On a consolidated basis, Avatar Industries Limited reported Revenue from Operations of 10,287.38 Lakhs during FY26, compared to negligible operational revenue in the previous financial year, reflecting a significant scale-up in business activity and operational execution. Consolidated Total Income for FY26 increased sharply to 10,354.97 Lakhs from 36.32 Lakhs reported in FY25, registering an exceptional 28,414% Year-on-Year growth.

The company reported consolidated Net Profit of 37.32 Lakhs during FY26 as compared to 8.56 Lakhs in FY25, reflecting a strong 336% Year-on-Year growth supported by improving operational scale, disciplined execution, and strengthening business fundamentals.

The March 2026 quarter marked a major acceleration in the company's operational performance. Revenue from Operations for Q4 FY26 stood at 10,287.38 Lakhs, while Consolidated Total Income for the quarter stood at 10,321.18 Lakhs, compared to 0.16 Lakhs reported in the corresponding quarter of the previous year. Consolidated Net Profit for Q4 FY26 stood at 11.73 Lakhs, compared to a net loss of 2.56 Lakhs reported during Q4 FY25.

On a sequential basis, Consolidated Total Income increased significantly from 33.79 Lakhs in Q3 FY26 to 10,321.18 Lakhs in Q4 FY26, reflecting substantial operational momentum and improving business traction during the quarter.

On a standalone basis, the company reported Total Income of 67.58 Lakhs during FY26 as compared to 36.32 Lakhs in FY25, registering an 86% Year-on-Year increase. Standalone Net Profit for FY26 stood at 43.33 Lakhs, compared to 8.56 Lakhs reported during the previous financial year, reflecting a strong 406% Year-on-Year growth.

For Q4 FY26, standalone Total Income stood at 33.79 Lakhs, while standalone Net Profit stood at 17.74 Lakhs, compared to a net loss of 2.56 Lakhs reported during the corresponding quarter of FY25.

Commenting on the company's performance, a Director of Avatar Industries Limited said:

'FY26 marked an important phase of operational growth and strategic transition for Avatar Industries Limited. The company witnessed a significant improvement in operational performance during the year while continuing to strengthen its long-term strategic focus on technology-driven and scalable business opportunities. Going forward, we remain focused on building sustainable growth platforms, improving execution capabilities, and creating long-term stakeholder value.'

Going forward, Avatar Industries Limited intends to strengthen its focus on the rapidly growing EdTech sector by exploring scalable digital education platforms, technology-enabled learning solutions, and innovation-driven education ecosystems. The company believes increasing digital adoption, demand for accessible learning solutions, and the long-term transformation of the education sector are expected to create significant growth opportunities in the coming years. Backed by its evolving business strategy and focus on scalable opportunities, the company remains focused on building sustainable long-term value for stakeholders.

About ASL Industries Limited

ASL Industries Limited is an India-based company engaged in the manufacturing and trading of automotive components, railway parts, forged products, sheet metal components, and engineered assemblies. Incorporated in 1992, the company caters to sectors including automobiles, railways, defence, and industrial engineering, offering integrated solutions ranging from metal forming and fabrication to machining and assembly. ASL Industries focuses on delivering precision-engineered products and value-added manufacturing solutions to OEMs and industrial clients across India.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.)