ADC India Communications Q2 FY24 results: profit rise by 160.65% YOY
ADC India Communications Q2 FY24 results: Revenue increased by 31.76% YoY & profit increased by 160.65% YoY
ADC India Communications declared their Q2 FY24 results on 07 Nov, 2023. The topline increased by 31.76% & the profit increased by 160.65% YoY. As compared to the previous quarter, the revenue grew by 8.72% and the profit increased by 8657.98%.
The Selling, general & administrative expenses declined by 0.29% q-o-q & decreased by 2.07% Y-o-Y.
The operating income was up by 2285.22% q-o-q & increased by 167.22% Y-o-Y.
The EPS is ₹16.2 for Q2 FY24 which increased by 160.45% Y-o-Y.
ADC India Communications has delivered 34.6% return in the last 1 week, 9.94% return in the last 6 months, and 108.01% YTD return.
Currently, ADC India Communications has a market cap of ₹434.7 Cr and a 52-week high/low of ₹1018 & ₹396.05 respectively.
ADC India Communications Financials
| Period | Q2 FY24 | Q1 FY24 | Q-o-Q Growth | Q2 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 48.1 | 44.24 | +8.72% | 36.51 | +31.76% |
| Selling/ General/ Admin Expenses Total | 1.07 | 1.07 | -0.29% | 1.09 | -2.07% |
| Depreciation/ Amortization | 0.05 | 0.05 | +0.37% | 0.05 | +6.75% |
| Total Operating Expense | 38.75 | 44.67 | -13.26% | 33.01 | +17.39% |
| Operating Income | 9.36 | -0.43 | +2285.22% | 3.5 | +167.22% |
| Net Income Before Taxes | 9.96 | -0.12 | +8731.98% | 3.89 | +156.12% |
| Net Income | 7.45 | -0.09 | +8657.98% | 2.86 | +160.65% |
| Diluted Normalized EPS | 16.2 | -0.19 | +8626.32% | 6.22 | +160.45% |
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