Results - Announcements
Ajcon Global Services Ltd share price declined by 2.18% to Rs 5.82 after the company's net profit softened by 4.55% to Rs 0.21 crore, while revenue from operations gained significantly 88.89% to Rs 5.44 crore in Q2FY27 over Q2FY26.
The market capitalization of Other Financial Services industry group stocks on BSE stood at Rs 65970.97 crore, gaining 8.69%. It has improved by 1.57% over last one week and ticked higher by 7.63% in last one month while the market capitalization of Ajcon Global Services Ltd has inched up 1.40% and 9.04% in the same period respectively.
Profit before tax (PBT) of Ajcon Global Services Ltd stood at Rs 0.29 crore in Q2 FY27, nosediving by 29.27% year-on-year, and declining 3.33% quarter-on-quarter. EBITDA came in at Rs 0 crore, tanking 172.97% YoY and tumbling by 177.14% sequentially.
Total expenses soared by 100.74% to Rs 5.42 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 0.87 crore, softening 1.14% YoY.
For FY26, revenue from operations jumped by 118.48% to Rs 36.29 crore, while net profit tumbled by 57.89% to Rs 0.24 crore, compared to previous FY. EBITDA tanked by 26% to Rs 0.46 crore, and PBT plunged by 53.16% to Rs 0.37 crore compared to previous FY.
Ajcon Global Services Ltd nosedived by 29.20% in last one year, underperforming the benchmark BSE Sensex which has eased by 2.91% during the same period.
