Avance Technologies announced that the Annual General Meeting (AGM) of the company will be held on 29 September 2018.

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Net profit of Avance Technologies rose 1100.00% to Rs 0.48 crore in the quarter ended June 2018 as against Rs 0.04 crore during the previous quarter ended June 2017. There were no Sales reported in the quarter ended June 2018 as against Rs 11.71 crore during the previous quarter ended June 2017.

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Avance Technologies will hold a meeting of the Board of Directors of the Company on 13 August 2018.

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Net Loss of Avance Technologies reported to Rs 0.01 crore in the quarter ended March 2018 as against net loss of Rs 0.06 crore during the previous quarter ended March 2017. Sales declined 65.19% to Rs 7.41 crore in the quarter ended March 2018 as against Rs 21.29 crore during the previous quarter ended March 2017.

For the full year,net profit declined 42.86% to Rs 0.12 crore in the year ended March 2018 as against Rs 0.21 crore during the previous year ended March 2017. Sales declined 67.50% to Rs 29.22 crore in the year ended March 2018 as against Rs 89.92 crore during the previous year ended March 2017.

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