{
  "id": 6146070,
  "title": "Dronetech Startup AITMC’s FY26 Profit Remains Flat At ₹14.2 Cr, Revenue Up 26%",
  "url": "https://urgent.news/2026/09/07/dronetech-startup-aitmcs-fy26-profit-remains-flat-at-14-2-cr-revenue",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-07T15:06:41.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/dronetech-startup-aitmcs-fy26-profit-remains-flat-at-%e2%82%b914-2-cr-revenue-up-26/"
  },
  "original_language": "en",
  "account": "Dronetech startup AVPL International, under parent company AITMC Ventures, reported stable net profits of ₹14.2 crore in FY26, marking only a 1% rise from the previous fiscal's ₹14.1 crore. However, operating revenue surged by 26.3% to ₹106.8 crore, up from ₹84.5 crore the prior year. Revenue was primarily driven by service sales at ₹70.48 crore and product sales at ₹36.28 crore, which included ₹3.40 crore from drones and drone components and ₹32.88 crore from various IT equipment. Total income grew by 23.8% to ₹107.27 crore. Despite the revenue boost, the net profit margin dwindled to 13.3% from 16.7% in FY25 due to total expenditure climbing 34.7% to ₹88.3 crore, outpacing the 26.3% growth in operating revenue. EBITDA fell from ₹29.07 crore in FY25 to ₹29.01 crore, with the margin dropping from 34.4% to 27.2%. Established in 2016 by Preet Sandhuu and Deep Sisai, AVPL International caters to the agriculture sector through drone training and related services, with 70 training centers across 16 states. The company previously attempted a strategic merger with rival DroneAcharaya, but the deal fell through. AVPL International had also filed for a ₹200 crore IPO in October, which received SEBI approval in January, but the company has yet to finalize the listing paperwork. This marks AVPL International's second attempt at a public listing, following a failed DRHP filing in December 2023 for an NSE Emerge listing.",
  "summary": "Dronetech startup AVPL International parent AITMC Ventures reported a net profit of ₹14.2 Cr in the fiscal year FY26, a…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}