<ul type="disc"><li>Strong Revenue Growth: Consolidated revenue rose to ₹89 crore in FY25, up 90% YoY, supported by robust execution across core segments; however, PAT margin moderated to 16% from 19% in FY24, with PAT at ₹14 crore.</li><li>Working Capital Stress: Operating cash flow remained negative at -₹5.8 crore (same as FY24), driven by stretched receivables at ₹44 crore (49% of sales), while inventories stayed stable at ~₹0.6 crore.</li><li>Liquidity Pressures: Trade payables declined to ₹12 crore (vs. ₹16 crore in FY24) and advances to suppliers surged to ₹6.5 crore (vs. ₹0.2 crore in FY24), reflecting tighter cash conversion.</li></ul>

AVPL, a key player in the Indian drone industry, has released its financial results for FY25.

AVPL released its financials for FY25