Ajcon Global Services reported a consolidated net profit of ₹22.73 lakh for the financial year ended March 31, 2026, a decrease from ₹54.27 lakh in the previous year. Total revenue for the period rose to ₹3,643.66 lakh from ₹1,671.47 lakh in FY25, driven primarily by a surge in product sales and interest income. The board approved the audited financial results on May 22, 2026.

On a standalone basis, the company recorded a net profit of ₹13.24 lakh for FY26, compared to ₹37.40 lakh in the prior year. Revenue from operations for the standalone entity stood at ₹1,744.04 lakh, slightly higher than the ₹1,550.16 lakh reported in FY25. The financial results were prepared in accordance with the Indian Accounting Standards (Ind AS) and reviewed by the Audit Committee.

Consolidated Performance

The consolidated results include the financials of subsidiaries Ajcon Finance Limited, Ajcon Comtrade Private Limited, and Kanchanmanik Securities Private Limited. Total revenue from operations for the group reached ₹3,629.75 lakh, a significant increase from ₹1,659.81 lakh in the previous year. This growth was largely attributed to the sale of products, which jumped to ₹2,974.24 lakh from ₹876.49 lakh.

Operational Highlights

Expenditure for the consolidated entity increased to ₹3,606.48 lakh in FY26 from ₹1,592.70 lakh in FY25, primarily due to higher costs of sales and administrative expenses. The company reported a net loss before exceptional items of ₹37.19 lakh for the quarter ended March 31, 2026, compared to a profit of ₹78.78 lakh in the same period last year.

Corporate Actions

During the year, the company completed a split of its equity shares from a face value of ₹10 to ₹1 per share. Listing and trading approval was received from the BSE under the new ISIN INE759C01027. The paid-up equity share capital remained unchanged at ₹611.62 lakh. The statutory auditors conducted an audit of the results in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and expressed an unmodified opinion.

ajcon global services has communicated to BSE Limited that it is exempt from the requirements of Regulation 23(9) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. This regulation pertains to the submission of disclosures regarding Related Party Transactions (RPTs) to the stock exchange. The exemption is applicable due to the company's financial metrics falling below the threshold limits specified in Regulation 15(2) of the SEBI Listing Regulations.

Financial Thresholds

The company stated that as of March 31, 2026, its Paid Up Equity Share Capital and Net Worth were less than ₹10 crore and ₹25 crore, respectively. Consequently, the stricter disclosure requirements for RPTs do not currently apply to the entity.

Future Compliance

In its communication, the company assured the exchange that it will adhere to the provisions of Regulation 23(9) once the regulations become applicable. It has committed to complying within six months from the date the company meets the threshold criteria for paid-up capital and net worth, making the regulation mandatory. The disclosure was submitted to the Corporate Listing Department of BSE Limited on May 22, 2026, to be placed on record as a compliance update.