ADC India Communications Reports Strong Q1 Results with 7.8% Revenue Growth
ADC India Communications Limited announced robust Q1 financial results, with revenue from operations increasing by 7.8% to Rs 4,863.64 lakhs and net profit after tax surging by 68.6% to Rs 497.15 lakhs. The company operates in telecommunication and IT-networking segments, focusing on broadband networks and campus network solutions. ADC India introduced new products including wire mesh basket systems for data centers and high-density swing-out fiber panels. The company maintains a strong financial position with zero debt and has recommended a final dividend of Rs 5 per equity share for the previous financial year.
05Aug 25
CommScope to Divest Connectivity and Cable Solutions Segment in $10.5 Billion Deal with Amphenol
CommScope has agreed to sell its Connectivity and Cable Solutions (CCS) segment to Amphenol Corporation for $10.5 billion in cash. The deal, expected to close in the first half of 2026, includes CommScope's 72.02% stake in ADC India Communications Limited. CommScope plans to use the proceeds to repay debt, redeem preferred equity, and distribute excess cash to shareholders as a dividend. Post-divestiture, the company will focus on its ANS and RUCKUS businesses.
26Mar 25
ADC India Communications Announces Generous 250% Interim Dividend
ADC India Communications Limited's Board of Directors has approved an interim dividend of Rs. 25 per equity share (250%) for FY 2024-25. The record date is set for April 2, 2025, with payment due by April 23, 2025. The company also announced a trading window closure for designated persons starting April 1, 2025, until 48 hours after the declaration of FY 2024-25 audited financial results.
25Mar 25
ADC India Communications Announces Generous 250% Interim Dividend
ADC India Communications Limited's Board of Directors has approved an interim dividend of Rs. 25.00 per equity share (250%) for the financial year 2024-25. The record date is set for April 02, 2025, with payment to be made by April 23, 2025. This decision was made at a board meeting on March 25, 2025, in compliance with SEBI regulations.