Avio Smart Market Stack Limited Approves Q1 Results, Reappoints MD N. Vidhya Sagar Reddy

Avio Smart Market Stack Limited Approves Q1 Results, Reappoints MD N. Vidhya Sagar Reddy​

Avio Smart Market Stack Limited (formerly known as Bartronics India Limited) announced the approval of its unaudited financial results for the quarter ended June 30, 2026. The company also approved the re-appointment of Mr. N. Vidhya Sagar Reddy as Managing Director for a term of three years.

The Board meeting held on August 12, 2026, reviewed and endorsed the unaudited financial results alongside the Limited Review Report issued by Statutory Auditors.

Financial Performance Snapshot (Q1 FY27)​

The company reported total income of INR 1,284.03 Lakhs for the quarter ended June 30, 2026, down from INR 3,438.76 Lakhs in the preceding audited quarter (March 31, 2026).

Key figures from the Unaudited Standalone Financial Results are presented below:


The Consolidated Financial Results also reported a Total Income of INR 1,284.03 Lakhs for the quarter ended June 30, 2026.

Management Appointment and Operational Updates​

The Board meeting approved the re-appointment of Mr. N. Vidhya Sagar Reddy (DIN: 09474749) as Managing Director for a further period of three years, effective from August 12, 2026, subject to shareholder approval.

In operational updates derived from the review reports, the company noted that some balances with debtors and bank accounts had been impaired in line with the implementation of its Resolution Plan. The management is engaged with counterparties and regulatory authorities regarding discrepancies.

Further, related to tax matters, the company recognized interest on income tax refund amounting to INR 78,25,509 and a write-back of a provision for income tax relating to earlier years amounting to INR 50,00,877 in the unaudited standalone results. The assessment concerning Assessment Years 2019-20 and 2020-21 remains pending before appropriate authorities.

Segment Performance Analysis (Standalone)​

The company operates across three vertical segments: Financial Inclusion & Digital Services, Agri Supply Chain & Technologies, and Others.

Financial metrics for the quarter ended June 30, 2026, show the following performance by segment:


The total segment results before interest and taxes stood at INR 150.17 Lakhs. The total assets reported by the company for this period were INR 6,740.30 Lakhs.

Consolidated Segment Information Highlights​

The company acquired a stake in Shree Naganarasimha Private Limited on March 6, 2026, which subsequently increased to 40.96% by April 8, 2026, making the entity an Associate.

A review of the Consolidated Financial Results indicated that Net Profit/(Loss) stood at INR 92.44 Lakhs for the quarter ended June 30, 2026. The company also noted that the current management had written off investments in previous years concerning foreign subsidiaries that were no longer functional, and this action did not adversely impact financials.

ASMS Stock Price Movement​

Avio Smart Market Stack Limited shares slipped by 0.82% on Wednesday, closing at ₹7.22 after settling lower from previous trading levels. The stock saw 77,954 shares transact during the session, finishing below its day high of ₹7.44.