Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of ADC India Communications approved unaudited financial results for Q2 FY26 and the half-year ended September 30, 2025, reviewed by statutory auditor SRBC & Co LLP with a clean (unqualified) review report. Total revenue from operations fell to ₹4,575 lakhs in Q2 FY26 from ₹5,079 lakhs in Q2 FY25, a YoY decline of about 10%, and to ₹9,086 lakhs for H1 FY26 from ₹9,943 lakhs in H1 FY25, an 8.6% drop. Net profit after tax dropped sharply to ₹431 lakhs in Q2 FY26 (from ₹872 lakhs in Q2 FY25, ~50% fall) and to ₹928 lakhs in H1 FY26 (from ₹1,568 lakhs in H1 FY25, ~41% fall), with PBT margins compressing from ~21% to ~13%. The Telecom segment was the biggest drag, with revenue falling ~43% YoY in Q2, while IT-Networking revenue declined ~5%. The company remains debt-free with cash and equivalents rising to ₹5,524 lakhs and operating cash flow at ₹858 lakhs for H1.
Weak set of numbers — both revenue and profits fell sharply YoY, driven mainly by a steep slowdown in the Telecom segment. Margin compression and a ~50% drop in Q2 PAT are negative signals for near-term sentiment, though the balance sheet remains healthy with strong cash reserves and no debt.