ADC India Communications September profit more than doubles year on year

ADC India Communications Limited reported net profit of Rs 9.05 crore for the quarter ended September 30, 2026, more than double Rs 4.31 crore a year earlier, as revenue from operations increased to Rs 72.22 crore from Rs 45.75 crore. The board approved the unaudited quarterly and half-year results on November 12, 2026.

How did ADC India Communications perform in the September quarter?

ADC India Communications increased quarterly net profit after tax by Rs 4.74 crore to Rs 9.05 crore in the quarter ended September 30, 2026, from Rs 4.31 crore in the corresponding 2025 quarter. Profit before tax rose to Rs 12.16 crore from Rs 5.42 crore, while total income, including other income, increased to Rs 73.25 crore from Rs 46.73 crore.

Revenue from operations rose by Rs 26.47 crore year on year to Rs 72.22 crore, comprising Rs 71.78 crore of product sales and Rs 0.43 crore of other operating income. Total expenses increased to Rs 61.09 crore from Rs 41.31 crore. The reported tax expense was Rs 3.11 crore in the latest quarter, compared with Rs 1.11 crore in the September 2025 quarter.

ADC India Communications recorded total comprehensive income of Rs 9.12 crore for the September 2026 quarter, against Rs 4.38 crore a year earlier. Basic and diluted earnings per share, or EPS, were Rs 19.67, compared with Rs 9.37; the company stated that these quarterly EPS figures are not annualised. Paid-up equity share capital was unchanged at Rs 4.60 crore, with a face value of Rs 10 per share.

Which segments drove ADC India Communications revenue growth?

ADC India Communications generated Rs 59.41 crore of September-quarter revenue from IT - Networking, compared with Rs 42.01 crore a year earlier, making it the larger of its two reported operating segments. Telecommunication revenue increased to Rs 12.81 crore from Rs 3.74 crore. Together, the segment figures matched reported revenue from operations of Rs 72.22 crore for the quarter.

IT - Networking also contributed the larger segment result, reporting Rs 8.53 crore for the quarter ended September 30, 2026, versus Rs 3.83 crore in the prior-year quarter. The Telecommunication segment result rose to Rs 2.93 crore from Rs 0.65 crore. Combined segment results therefore increased to Rs 11.46 crore from Rs 4.48 crore.

After combined segment results of Rs 11.46 crore, the quarterly statement recorded net interest income of Rs 0.77 crore and net unallocable expenditure of Rs 0.07 crore, resulting in profit before tax of Rs 12.16 crore. ADC India Communications identifies its segments under Indian Accounting Standard 108, or Ind AS 108, which covers operating-segment reporting, and reported no inter-segment revenue deduction for the quarter.

How did ADC India Communications perform in the first half?

ADC India Communications reported net profit after tax of Rs 17.85 crore for the six months ended September 30, 2026, compared with Rs 9.29 crore in the six months ended September 30, 2025. Profit before tax rose to Rs 23.68 crore from Rs 12.08 crore, and total income increased to Rs 137.45 crore from Rs 92.62 crore.

The half-year statement reported total expenses of Rs 113.72 crore, compared with Rs 80.54 crore in the prior-year period, while total tax expense increased to Rs 6.05 crore from Rs 2.71 crore. Product sales were Rs 134.05 crore for the six months ended September 30, 2026, and other operating income was Rs 0.68 crore, compared with Rs 15.82 lakh in the corresponding period a year earlier.

IT - Networking reported a six-month segment result of Rs 18.11 crore, up from Rs 8.98 crore in the comparable 2025 period. Telecommunication reported Rs 6.36 crore, against Rs 1.51 crore a year earlier. The two segment results totalled Rs 24.47 crore, before the statement’s interest-income and unallocable-expense adjustments.

Basic and diluted EPS for the six-month period were Rs 38.33, compared with Rs 20.18 in the year-earlier half. Other comprehensive income was Rs 0.01 crore for the latest six months, compared with Rs 0.06 crore previously, and total comprehensive income was Rs 17.62 crore versus Rs 9.34 crore.

What changed in ADC India Communications’ balance sheet and cash flows?

ADC India Communications had total assets of Rs 128.33 crore at September 30, 2026, down from Rs 134.60 crore at March 31, 2026. Cash and cash equivalents increased to Rs 66.43 crore from Rs 61.04 crore, while trade receivables declined to Rs 31.46 crore from Rs 44.78 crore. Inventories rose to Rs 21.51 crore from Rs 17.32 crore over the same six-month period.

Total equity increased to Rs 92.83 crore at September 30, 2026 from Rs 86.69 crore at the March 2026 year-end. Total liabilities declined to Rs 35.50 crore from Rs 47.92 crore. Trade payables due to creditors other than micro and small enterprises fell to Rs 28.53 crore from Rs 42.48 crore.

Net cash generated from operating activities was Rs 15.48 crore during the half year ended September 30, 2026, compared with Rs 8.58 crore a year earlier. Within working-capital movements, trade receivables decreased by Rs 13.65 crore and trade payables decreased by Rs 14.33 crore. Cash generated from operations before direct taxes was Rs 15.47 crore, compared with Rs 12.31 crore in the corresponding period.

ADC India Communications paid Rs 11.50 crore in equity dividends during the six-month period, against Rs 2.30 crore a year earlier. Investing activities generated Rs 1.42 crore, while financing activities used Rs 11.51 crore. The resulting net increase in cash and cash equivalents was Rs 5.39 crore, compared with Rs 7.59 crore in the prior-year half.

Were ADC India Communications’ results independently reviewed?

ADC India Communications’ audit committee reviewed and its board approved the unaudited results on November 12, 2026. The company said the board meeting began at 12.15 hours and concluded at 14.00 hours. The filing covered the quarter and six months ended September 30, 2026.

S R B C & CO LLP issued its limited review report on November 12, 2026. The auditor said that nothing had come to its attention to indicate that the unaudited financial statement did not disclose information required under the listing regulations or contained a material misstatement. The review report says the engagement provides moderate assurance and does not express an audit opinion.

The auditor said the statement was prepared using Indian Accounting Standard 34, or Ind AS 34, on interim financial reporting, along with applicable accounting principles and Regulation 33 of the Securities and Exchange Board of India listing regulations. The company submitted the results to BSE Limited under scrip code 523411.

Conclusion

ADC India Communications’ September-quarter result combined higher sales with a larger rise in earnings: revenue from operations increased by Rs 26.47 crore to Rs 72.22 crore, while net profit rose by Rs 4.74 crore to Rs 9.05 crore. IT - Networking remained the larger segment at Rs 59.41 crore of quarterly revenue, while Telecommunication also increased revenue and segment result from the prior-year quarter.

The next disclosures will show whether the September-half working-capital movements continue, particularly inventory, which rose by Rs 4.20 crore from March 31, 2026, and trade receivables, which declined by Rs 13.32 crore. The filing provides no revenue target, earnings guidance or business outlook, leaving later financial statements to clarify the direction of segment growth and cash generation.