Adcon Capital Services Ltd — Results, 30-05-2025: Result

Adcon Capital Services Limited has announced a board meeting on which the audited financial results for the quarter and half-year were reviewed and approved. The company reported a strong profit before tax of ₹274.52 lakh for the year, driven mainly by interest income of ₹223.80 lakh. Profit after tax stood at ₹218.29 lakh, sharply higher than the previous year's ₹49.61 lakh. The company recognized expected credit loss provisions and provisioning on standard assets retrospectively as prior period corrections, impacting earnings. Operating cash flows remained negative due to significant increases in loans and advances, though investing activities generated positive cash inflows. The auditor’s opinion was unmodified but highlighted pending confirmations on advances worth ₹504.44 lakh and associated unrecognized interest income, reflecting some uncertainty in asset quality. Equity stands stable with a slight increase in other equity to ₹234.85 lakh.