Adcon Capital Services News

Adcon Capital Services Reports 182% Jump in Quarterly Profit to ₹48.39 Lakhs

Adcon Capital Services Limited reported a net profit of ₹48.39 lakhs for the quarter ended June 30, 2025, representing a 182% increase from ₹17.14 lakhs in the same quarter last year. Revenue from operations grew to ₹93.10 lakhs compared to ₹46.99 lakhs in the previous year quarter, driven primarily by higher interest income of ₹93.10 lakhs versus ₹40.36 lakhs last year. Total expenses increased to ₹28.44 lakhs from ₹24.05 lakhs, with finance costs rising to ₹22.17 lakhs from zero in the corresponding period. The company operates in a single business segment of Finance & Investments. However, auditors noted that interest income is not being recognized on outstanding advances, and they were unable to calculate the appropriate interest income due to insufficient information.

Adcon Capital Services Reports 607% Jump in Annual Profit to ₹218 Crores

Adcon Capital Services Limited reported a significant increase in annual profit to ₹218.35 crores for the year ended March 31, 2025, compared to ₹30.91 crores in the previous year. Total revenue rose to ₹324.11 crores from ₹167.72 crores. The company submitted revised audited results due to changes in grouping of various components that were overlooked in the previous submission. Interest income increased to ₹223.80 crores from ₹165.80 crores. The company operates in the Finance & Investments segment and received ₹11.69 lakhs towards call money on partly paid-up shares during the year. The auditors noted that interest income is not recognized on outstanding advances of ₹504.44 lakhs due to insufficient documentation. The company implemented Expected Credit Loss provisioning and standard asset provisioning as per RBI guidelines during the year.

Adcon Capital Services Reports 606% Jump in Annual Profit to ₹218.35 Crore

Adcon Capital Services Limited reported a significant increase in annual profit to ₹218.35 crore for the year ended March 31, 2025, compared to ₹30.91 crore in the previous year. Total revenue rose to ₹324.11 crore from ₹167.72 crore. The company submitted revised audited financial results due to changes in grouping of various components. Interest income increased to ₹223.80 crore from ₹165.80 crore. The company received ₹11.69 crore towards call money on partly paid-up shares during the year. Total assets grew to ₹4,387.71 crore from ₹3,287.43 crore. The auditors noted that interest income on outstanding advances of ₹504.44 crore was not recognized due to insufficient documentation. The company implemented Expected Credit Loss provisioning and standard asset provisioning as per regulatory requirements.