Results - Announcements
Ajcon Global Services Ltd share price slipped 0.34% to Rs 5.8 after the company's net profit slipped 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 66301.85 crore, easing 8.31%. It has inched up 0.36% over last one week and moved up slightly by 6.59% in last one month while the market capitalization of Ajcon Global Services Ltd has marginally improved by 0.17% and 2.53% in the same period respectively.
Profit before tax (PBT) of Ajcon Global Services Ltd stood at Rs 0.29 crore in Q2 FY27, tanking 29.27% year-on-year, and slipping 3.33% quarter-on-quarter. EBITDA came in at Rs 0 crore, crashing by 172.97% YoY and tumbling by 177.14% sequentially.
Total expenses jumped by 100.74% to Rs 5.42 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 0.87 crore, seeing a marginal contraction of 1.14% YoY.
For FY26, revenue from operations soared by 118.48% to Rs 36.29 crore, while net profit witnessed a sharp fall of 57.89% to Rs 0.24 crore, compared to previous FY. EBITDA tanked by 26% to Rs 0.46 crore, and PBT collapsed by 53.16% to Rs 0.37 crore compared to previous FY.
Ajcon Global Services Ltd crashed 29.27% in last one year, underperforming the benchmark BSE Sensex which has eased by 2.37% during the same period.