Heavy Electrical Equipment company Avalon Technologies announced Q1FY25 results: Financial Highlights: Revenue decreased by 8.0% on QoQ basis and 15.2% on YoY basis. Gross Margin came in at 33.2%. EBITDA Margin is at 2.2%. Key Highlights: Order book + Long-term contracts increased 43.5% YoY. Generated Operating Cashflows of Rs 36 crore in Q1FY25. In Q1, payable & receivable days improved by 7 & 4 days respectively. Overall Net Working Capital improved by 5 days. A new plant for exports started operations. Another brownfield expansion for domestic demand is expected next year. Won orders from established US customers in Automotive, Clean energy & Industrial segments. Won Platinum, Gold & Silver awards in 18th National 3M competition conducted by Confederation of Indian Industry (CII). Result PDF