Ador Fontech Ltd Share Price – BSE

Capital Goods-Non Electrical Equipment, Small Cap

Net profit of Ador Fontech declined 19.96% to Rs 4.17 crore in the quarter ended June 2024 as against Rs 5.21 crore during the previous quarter ended June 2023. Sales declined 12.35% to Rs 44.02 crore in the quarter ended June 2024 as against Rs 50.22 crore during the previous quarter ended June 2023.

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Ador Fontech will hold a meeting of the Board of Directors of the Company on 26 July 2024.

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Net profit of Ador Fontech rose 28.69% to Rs 7.49 crore in the quarter ended March 2024 as against Rs 5.82 crore during the previous quarter ended March 2023. Sales declined 3.02% to Rs 55.84 crore in the quarter ended March 2024 as against Rs 57.58 crore during the previous quarter ended March 2023.

For the full year,net profit rose 35.19% to Rs 23.74 crore in the year ended March 2024 as against Rs 17.56 crore during the previous year ended March 2023. Sales declined 1.91% to Rs 210.13 crore in the year ended March 2024 as against Rs 214.23 crore during the previous year ended March 2023.

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Ador Fontech announced that the Board of Directors of the Company at its meeting held on 29 April 2024, inter alia, have recommended the interim dividend of Rs 6 per equity Share (i.e. 300%) , subject to the approval of the shareholders.

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