Unaudited Financial Results (Standalone & Consolidated) for the quarter and nine months ended 31.12.2025
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Ajcon Global Services Ltd announced its unaudited financial results for Q3 FY26 (quarter ended 31 December 2025) and the nine-month period, which were approved by the Board on 12 February 2026. On a standalone basis, quarterly revenue from operations fell to Rs. 296.26 lakhs from Rs. 313.54 lakhs a year ago, while nine-month revenue dropped sharply to Rs. 881.86 lakhs versus Rs. 1,301.24 lakhs in the previous year — a decline of roughly 32%. Standalone profit after tax for the nine months stood at Rs. 57.43 lakhs, almost half of Rs. 113.03 lakhs reported a year earlier. Consolidated results were stronger on the revenue side (Rs. 1,665.85 lakhs for 9M vs Rs. 1,380.45 lakhs, ~21% growth) thanks to subsidiary contributions, though consolidated PAT also fell to Rs. 75.82 lakhs from Rs. 135.34 lakhs. Statutory auditor Bhatter & Company issued an unmodified limited review opinion with no qualifications or emphasis of matter.
Mixed picture for shareholders — the core standalone business is clearly contracting, with revenue down ~32% and PAT nearly halved over nine months, while consolidated numbers get a lift from subsidiaries but still show weaker profitability. The clean auditor report removes any near-term governance overhang, but the deteriorating core performance is a negative signal for the stock.