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- Ajcon Global Services Q1 Results Reported Revenue from Operations of ₹447.46 Lakhs and Profit for the Period at ₹35.24 Lakhs
Ajcon Global Services Q1 Results Reported Revenue from Operations of ₹447.46 Lakhs and Profit for the Period at ₹35.24 Lakhs
Ajcon Global Services Q1 Results report total income of ₹4.52 Cr., operating profit of ₹0.60 Cr., and profit after tax of ₹35.24 lakhs, with a QoQ operating margin of 13.37%, Ajcon Global Services Q1 Results show impressive growth, with profit after tax rising by 248.00%.
by P Nandhini
Updated Sep 28, 2024
Table of Content
Ajcon Global Services Q1 Results 2024-2025: Ajcon Global Services reported their Q1 results on 30 June 2024, showing an impressive increase in revenue by 22.00% compared to the previous quarter (QoQ).
The company achieved a total revenue from operations of ₹447.46 lakhs, up from ₹366.85 lakhs in Q4 of the last fiscal year. This growth was driven by higher fees and brokerage income, which contributed significantly to their overall financial performance.
In terms of profit, Ajcon Global Services saw a remarkable improvement as well. Their profit for the period increased to ₹35.24 lakhs in June 2024, compared to ₹10.12 lakhs in March 2024, reflecting a QoQ increase of 248.00%.
You will also notice that the earnings per share (EPS) increased to ₹0.56 in this quarter, compared to ₹0.16 in Q4. Overall, the Q1 results highlight Ajcon Global Services' strong recovery and growth, providing a positive outlook for the upcoming quarters.
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Ajcon Global Services Q1 Results 2024 - 2025
Ajcon Global Services released its Q1 results for the financial year 2024-2025, reflecting significant growth in both revenue and profit.
| Particulars | Q1 FY 2024-2025 (30 June 2024) | Q4 FY 2023-2024 (31 March 2024) | QoQ Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹447.46 lakhs | ₹366.85 lakhs | 22.00% |
| Fees & Brokerage Income | ₹167.25 lakhs | ₹161.96 lakhs | 1.78% |
| Sale of Products | ₹206.80 lakhs | ₹145.18 lakhs | 42.54% |
| Net Gain on Fair Value Change | ₹40.89 lakhs | ₹28.83 lakhs | 42.00% |
| Other Operating Income | ₹8.63 lakhs | ₹6.53 lakhs | 32.14% |
| Profit for the Period | ₹35.24 lakhs | ₹10.12 lakhs | 248.00% |
| Earnings Per Share (EPS) | ₹0.56 | ₹0.16 | 250.00% |
| Total Comprehensive Income | ₹34.34 lakhs | ₹9.97 lakhs | 244.33% |
| Total Expenses | ₹405.51 lakhs | ₹361.44 lakhs | 12.19% |
| Administrative & Other Expenses | ₹72.10 lakhs | ₹71.59 lakhs | 0.72% |
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Ajcon Global Services Current Market Overview
Ajcon Global Services is currently trading at ₹45.5, with a small decrease of 0.18% in its stock price. The company's market capitalization is ₹27.8 crore, which shows its overall value in the stock market. Over the past few months, the stock reached a high of ₹56.6 and a low of ₹25.5, indicating some fluctuations.
The price-to-earnings (P/E) ratio is 27.6, suggesting that investors have certain expectations for the company’s growth. Additionally, Ajcon has a book value of ₹37.5 and does not currently pay any dividends.
With a return on capital employed (ROCE) of 7.06% and a return on equity (ROE) of 5.60%, the company is working to generate profits from its investments.
| Particulars | Details |
|---|---|
| Price Change | -0.18% |
| Market Capitalization | ₹27.8 crore |
| Price-to-Earnings (P/E) Ratio | 27.6 |
| Book Value | ₹37.5 |
| Dividend Yield | 0.00% |
| Return on Capital Employed (ROCE) | 7.06% |
| Return on Equity (ROE) | 5.60% |
| Face Value | ₹10.0 |
Quarterly Results
Here are the quarterly results for Ajcon Global Services focusing specifically on the last three quarters: December 2023, March 2024, and June 2024.
| Financial Metric | Dec 2023 (₹ Crores) | Mar 2024 (₹ Crores) | Jun 2024 (₹ Crores) |
|---|---|---|---|
| Sales | 3.70 | 3.67 | 4.48 |
| Expenses | 3.03 | 3.39 | 3.78 |
| Operating Profit | 0.67 | 0.28 | 0.70 |
| Net Profit | 0.30 | 0.10 | 0.35 |
| Earnings Per Share (EPS) | 0.47 | 0.16 | 0.56 |
About Ajcon Global Services
Ajcon Global Services is a financial services company that provides a wide range of offerings to meet the needs of individuals and businesses. Founded with the goal of helping clients achieve their financial objectives, Ajcon specializes in investment banking, stock broking, and corporate advisory services.
They assist clients with private equity, mergers and acquisitions, and loan syndication, making them a trusted partner in the financial industry. Additionally, Ajcon offers depository services and investment products specifically designed for non-resident Indians (NRIs).
With a focus on delivering quality services and expert advice, Ajcon Global Services aims to help clients navigate the complexities of the financial market effectively.
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Ajcon Global Services Q1 Results - FAQs
1. What was Ajcon Global Services' profit for the period in Q1 2024-2025?
Ajcon Global Services' profit for the period was ₹35.24 lakhs.
2. How much did Ajcon Global Services earn in fees and brokerage income?
Ajcon Global Services earned ₹167.25 lakhs in fees and brokerage income.
3. What was the earnings per share (EPS) for Ajcon Global Services in Q1?
Ajcon Global Services' EPS was ₹0.56 in Q1 2024-2025.
4. Did Ajcon Global Services see an increase in total comprehensive income?
Yes, Ajcon Global Services saw a total comprehensive income of ₹34.34 lakhs.
5. What were Ajcon Global Services' total expenses in Q1?
Ajcon Global Services' total expenses were ₹405.51 lakhs.
6. How much did Ajcon Global Services increase its sale of products?
Ajcon Global Services' sale of products increased to ₹206.80 lakhs, a rise of 42.54%.
7. What was the operating profit for Ajcon Global Services?
Ajcon Global Services reported an operating profit of ₹0.60 Cr.
8. What was the net gain on fair value change for Ajcon Global Services?
Ajcon Global Services reported a net gain on fair value change of ₹40.89 lakhs.
9. What were the administrative and other expenses for Ajcon Global Services?
Ajcon Global Services' administrative and other expenses were ₹72.10 lakhs.
10. How much did Ajcon Global Services' revenue increase compared to the last fiscal year?
Ajcon Global Services' revenue increased by 22.00% QoQ.