Avi Ansh Textile reports FY26 profit, fully utilizes IPO proceeds

avi ansh textile has announced its audited financial results for the year ended March 31, 2026. The Board of Directors approved the results along with the auditor's report and a certificate confirming the utilization of issue proceeds. The company reported a net profit of ₹129.69 lakh for the financial year, compared to ₹179.60 lakh in the previous year. Revenue from operations for the year stood at ₹14,128.58 lakh, up from ₹13,424.32 lakh in the prior year.

Financial Performance

The company's financial performance for the year and half-year ended March 31, 2026, reflects its operational activities. For the half year ended March 31, 2026, the company recorded a net profit of ₹66.69 lakh on revenue from operations of ₹7,821.80 lakh. Basic earnings per share (EPS) for the year was reported at ₹0.93, down from ₹1.51 in the previous year.

Metric Year Ended Mar 31, 2026 (₹ in Lakhs) Year Ended Mar 31, 2025 (₹ in Lakhs) Revenue from operations 14,128.58 13,424.32 Total Income 14,169.17 13,463.04 Total Expenses 13,998.97 13,219.44 Net Profit for the year 129.69 179.60

Utilization of Issue Proceeds

The statutory auditor, M/s Kuldeep Sharma & Associates, issued a certificate verifying the utilization of net proceeds from the company's issue of shares and warrants. The total amount raised was ₹2599.04 lakh, and the certificate confirms that the entire amount has been utilized as of March 31, 2026, leaving a nil balance.

Object Amount Disclosed (₹ in Lakhs) Actual Utilised (₹ in Lakhs) Term Loan Repayment 394.76 394.76 Working Capital Requirement 2011.94 2011.94 General Corporate Purposes 55.34 55.34 IPO Expenses 137.00 137.00 Total 2599.04 2599.04

The company also noted the resignation of Mrs. Isha from the post of Company Secretary & Compliance Officer, effective May 20, 2026.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation.

We plan to change that - a technology-led and artificial intelligence enabled platform built for super traders and long term investors.

Disclaimer:

The data and information provided on this website is for general informational and research purposes only. While we strive to ensure that the content is accurate, up-to-date, and reliable, this platform utilizes artificial intelligence (AI) tools to generate, curate, and summarize information. As such, the content may occasionally contain errors, omissions, or outdated information. All users are therefore advised to cross verify the source of the data and information.

This website does not constitute professional, legal, financial, medical, or any other form of licensed advice. Users are encouraged to independently verify any information before relying on it, especially for decisions that may have legal, financial, or personal consequences.

The views, analyses, and summaries presented on this platform may be generated or assisted by AI and do not necessarily reflect the opinions of the website owners, operators, editors, or affiliates.

We make no warranties or representations, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this website. Any reliance you place on such information is strictly at your own risk.

This website may include links to third-party sources or content. We do not control or endorse the nature, accuracy, or availability of those external sites and are not responsible for any content or damages arising from their use.

By using this website, you acknowledge and agree that the use of AI-generated content involves inherent limitations, uncertainties and inaccuracies, and you accept full responsibility for how you interpret and use the information provided.

We reserve the right to modify, update, or remove content and this disclaimer at any time without prior notice.