Adcon Capital Services Reports Strong Financial Performance in Q2 FY25

Nov 18 2024 10:01 AM IST
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Adcon Capital Services, a microcap finance company, has reported a positive financial performance in the quarter ending September 2024. Its operating profit, profit before tax, and profit after tax have all reached their highest in the last five quarters, with a positive trend in the near term. Earnings per share have also increased, indicating potential for higher returns for shareholders.

Adcon Capital Services, a microcap finance company, has recently announced its financial results for the quarter ending September 2024. The company has shown a positive performance in this quarter, with its score improving from 3 to 11 in the last 3 months, according to MarketsMOJO’s stock call of ‘Sell’.

Based on the financials for the quarter, Adcon Capital has seen its highest operating profit (PBDIT) in the last five quarters at Rs 1.23 crore. The near-term trend for operating profit is also positive. Similarly, the company’s profit before tax less other income (PBT) has also reached its highest in the last five quarters at Rs 1.23 crore, with a positive trend in the near term. Adcon Capital’s profit after tax (PAT) has also shown a positive trend, with its highest in the last five quarters at Rs 1.15 crore.


Furthermore, the company’s earnings per share (EPS) have also increased, reaching its highest in the last five quarters at Rs 0.04. This indicates that Adcon Capital has been able to generate higher earnings for its shareholders.


Overall, Adcon Capital Services has shown a strong financial performance in the quarter ending September 2024, with positive trends in key financial indicators. Investors may want to keep an eye on this microcap finance company as it continues to grow and potentially offer promising returns in the future.


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