Adcon Capital Services Limited, a finance and investment company, has reported a substantial increase in its annual profit for the fiscal year ended March 31, 2025. The company's net profit soared to ₹218.35 crore, marking a remarkable 607% jump from the previous year's ₹30.91 crore.

Financial Highlights

• Total Revenue: Rose to ₹324.11 crore from ₹167.72 crore in the previous year
• Interest Income: Increased to ₹223.80 crore from ₹165.80 crore
• Earnings Per Share (EPS): Improved to ₹0.07 from ₹0.03

Revised Financial Statements

Adcon Capital Services submitted revised audited results due to changes in the grouping of various components that were overlooked in the previous submission. The company's Board of Directors approved these revised financial results in a meeting held on July 24, 2025.

Key Financial Metrics

Other Notable Points

1. Call Money Receipt: The company received ₹11.69 lakh towards call money on partly paid-up shares during the year.

2. Auditor's Observation: The auditors noted that interest income is not recognized on outstanding advances of ₹504.44 lakh due to insufficient documentation.

3. New Implementations:

   • The company implemented Expected Credit Loss (ECL) provisioning as per Ind AS 109 – Financial Instruments.
   • Standard asset provisioning was carried out as per RBI guidelines.

4. Segment Reporting: As per Indian Accounting Standard (IndAS) 108 "Operating Segment", the company's business falls within a single business segment, "Finance & Investments".

5. Equity: The paid-up equity share capital stood at ₹3,181.28 crore as of March 31, 2025, with a face value of ₹1 per share.

Piyush Saraf, the Whole-Time Director of Adcon Capital Services Limited, signed off on the financial statements, affirming that the auditor's report comes with an unmodified opinion.

The company's strong financial performance, particularly the significant increase in profit, suggests a robust year for Adcon Capital Services Limited in its core finance and investment operations. However, investors should note the auditor's observations regarding interest income recognition on certain outstanding advances and the implementation of new provisioning methods, which may impact future financial statements.

Adcon Capital Services Limited , a non-banking financial company, has reported a remarkable financial performance for the fiscal year ended March 31, with significant growth in both profit and revenue.

Profit Soars 606%

The company's annual profit skyrocketed to ₹218.35 crore, marking a substantial 606% increase from ₹30.91 crore in the previous year. This impressive growth reflects the company's strong financial management and operational efficiency.

Revenue Sees Robust Growth

Total revenue for Adcon Capital Services rose to ₹324.11 crore, up 93% from ₹167.72 crore in the previous year. The significant revenue growth was primarily driven by a surge in interest income, which increased to ₹223.80 crore from ₹165.80 crore in the previous year.

Key Financial Highlights

Asset Growth and Capital Infusion

The company's total assets grew by 33% to ₹4,387.71 crore from ₹3,287.43 crore in the previous year. During the fiscal year, Adcon Capital Services received ₹11.69 crore towards call money on partly paid-up shares, strengthening its capital base.

Financial Prudence and Compliance

Adcon Capital Services has implemented Expected Credit Loss (ECL) provisioning and standard asset provisioning as per regulatory requirements. This move demonstrates the company's commitment to maintaining a robust financial position and adhering to regulatory standards.

Auditor's Observations

The company's auditors noted that interest income on outstanding advances of ₹504.44 crore was not recognized due to insufficient documentation. This observation highlights the need for improved documentation practices to ensure comprehensive revenue recognition.

Revised Financial Results

The company submitted revised audited financial results due to changes in grouping of various components, showcasing its commitment to transparent financial reporting.

Adcon Capital Services Limited's strong financial performance positions it well for future growth in the competitive non-banking financial sector. The significant increases in profit and revenue demonstrate the company's effective strategies and robust business model.