Avalon Technologies Limited (NSE: AVALON, BSE: 543896) reported strong financial results for the third quarter ended December 31, 2025. The company’s Board of Directors approved the unaudited consolidated and standalone results in a meeting held on February 4, 2026, according to regulatory filings.
The Chennai-based electronics manufacturing services (EMS) provider delivered significant year-on-year gains in revenue and profit for the quarter. Consolidated revenue rose sharply, while net profit expanded, reflecting continued demand for its integrated manufacturing solutions.
Quarterly Revenue and Profit
Avalon’s consolidated total income for Q3 FY26 reached ₹4,249.75 million ($≈₹424.98 crore), up from ₹2,908.17 million in the year-ago period. Net profit for the quarter was ₹326.02 million, marking a substantial increase from ₹239.89 million in Q3 FY25.
On a standalone basis, the company reported total income of ₹2,260.67 million for the quarter compared with ₹1,641.70 million a year earlier. Standalone profit after tax rose to ₹238.33 million in Q3 FY26 from ₹164.75 million in Q3 FY25.
Basic earnings per share (EPS) also improved materially on both standalone and consolidated measures, underpinning the company’s earnings momentum.
Segment and Operational Highlights
Avalon operates primarily in the EMS segment, which includes contract manufacturing of electronics, printed circuit board assembly, and custom cable and wire harnesses. The company supplies customers across diverse sectors, including industrial, transportation, clean energy and communications, with consolidated operations spanning facilities in India and the United States.
The results show robust demand across this integrated manufacturing platform, aiding both revenue scale and profitability. However, the company did not provide forward-looking guidance in the quarterly announcements.
Nine-Month Performance
For the nine months ended December 31, 2025, consolidated total income was ₹11,403.04 million, an increase compared with the prior period. Profit after tax for the nine-month period stood at ₹717.95 million, also showing strong year-on-year improvement. Standalone total income for the nine-month period was ₹6,162.68 million, with profit after tax of ₹641.51 million.
These cumulative gains indicate sustained growth across multiple reporting periods. The company’s nine-month performance underlines its ability to grow both sales and earnings amid a competitive manufacturing environment.
Financial Context and Market Activity
Avalon also disclosed details related to employee stock options. As of December 31, 2025, 4,17,055 stock options remained outstanding. During the quarter, the company allotted 45,034 equity shares upon the exercise of stock options.
The Q3 results come in the context of broader earnings activity in Indian markets, with a busy corporate calendar as many companies report quarterly performance.
Summary
Avalon Technologies achieved strong year-on-year revenue and profit growth in Q3 FY26. Both consolidated and standalone financials showed meaningful expansion above prior-year levels. The company continues to operate in the growing EMS sector, with diversified end markets and integrated manufacturing capabilities driving performance. No future financial guidance was included in the quarterly disclosures.