The agency has also upgraded the company's short-term rating to 'ACUITE A2+' from 'ACUITE A2'. The outlook is 'stable'. Acuit' Ratings & Research said that the rating upgrade takes into account the significant improvement in the scale of operations in FY2024, and in H1 of FY2025, the same is expected to continue for the entire year FY2025. The company's earning profile operating income, absolute EBITDA, and PAT has witnessed a strong growth of 27%,43% and 62%respectively in FY2024 in comparison to previous year, backed by improvement in the order book, coupled with a track record of repeat orders from key customers, It also considers an improved financial risk profile and adequate liquidity. It also factors in a healthy order book position, which, coupled with a track record of repeat orders from key customers, DSSL caters to reputed clientele such as Facebook India, LIC, the Municipal Corporation of Greater Mumbai (MCGM), the Central Bank of India, the Reserve Bank of India (RBI), the National Payments Corporation of India (NPCI), BSNL, Punjab National Bank, the Bank of Baroda, the Brihanmumbai Municipal Corporation, and Google India, to name a few. Further, rating continues to derive strength from the promoters' extensive experience in industry. The rating is, however, constrained by its presence in a highly competitive and fragmented industry, along with intensive working capital operations, and timely realization of its receivables will remain a key rating sensitivity. Dynacons Systems and Solutions (DSSL) is an IT infrastructure company providing systems integration, networking solutions, facility management services, security solutions, and software services. It has also partnered with various IT companies, including Lenovo, Dell, HPE, HP, Cisco, IBM, Apple, Microsoft, Juniper, and Red Hat. The scrip shed 0.76% to end at Rs 1441.15 on the BSE on Friday. Powered by Capital Market - Live

Net profit of Dynacons Systems & Solutions rose 45.11% to Rs 18.24 crore in the quarter ended September 2024 as against Rs 12.57 crore during the previous quarter ended September 2023. Sales rose 39.33% to Rs 306.33 crore in the quarter ended September 2024 as against Rs 219.86 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales306.33219.86 39 OPM %8.338.64 - PBDT26.1317.50 49 PBT24.0817.12 41 NP18.2412.57 45 Powered by Capital Market - Live

Dynacons Systems & Solutions will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live

Through this engagement, Dynacons will serve 615 branches across 20 State Cooperative Banks and District Central Cooperative Banks in Haryana. Under the contract, Dynacons will deliver a comprehensive suite of services, including consultancy, implementation, customization, and ongoing support to ensure a smooth transition with minimal operational disruption. The project will include upgrading, migrating, and maintaining the core banking solution, as well as bolstering infrastructure and networks using top-tier technology from vendors such as HPE, Oracle, Fortinet, Array, and Versa. Leveraging its expertise in core banking and digital infrastructure, the company aims to unlock the full potential of the upgraded Finacle platform for NABARD and its associated banking institutions. NABARD, India's apex development bank dedicated to advancing rural and agricultural growth, plays a critical role as a mentor and facilitator in implementing core banking solutions within the rural financial sector. This project aligns with NABARD's commitment to adopting advanced technologies that drive efficiency, resilience, and enhanced service delivery. Dynacons Systems & Solutions (DSSL) is an IT infrastructure company providing systems integration, networking solutions, facility management services, security solutions, and software services. The company's consolidated net profit jumped 25.7% to Rs 17.61 crore in Q1 FY25 as against Rs 14.01 crore posted in Q1 FY24. Revenue from operation increased 8.6% YoY to Rs 320.97 crore in the quarter ended 30 June 2024. The scrip shed 1.44% to close at Rs 1,192.70 on Tuesday 29 October 2024. Powered by Capital Market - Live

Dynacons Systems & Solutions announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live

Dynacons Systems & Solutions announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live

Dynacons Systems & Solutions will hold a meeting of the Board of Directors of the Company on 2 September 2024.Powered by Capital Market - Live

Goldiam International Ltd, Master Trust Ltd, Jet Freight Logistics Ltd and Salzer Electronics Ltd are among the other gainers in the BSE's 'B' group today, 13 August 2024.Dynacons Systems & Solutions Ltd soared 17.44% to Rs 1488.7 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 49251 shares were traded on the counter so far as against the average daily volumes of 5274 shares in the past one month. Goldiam International Ltd spiked 15.39% to Rs 232. The stock was the second biggest gainer in 'B' group. On the BSE, 4.38 lakh shares were traded on the counter so far as against the average daily volumes of 84484 shares in the past one month. Master Trust Ltd surged 11.51% to Rs 853.7. The stock was the third biggest gainer in 'B' group. On the BSE, 1.13 lakh shares were traded on the counter so far as against the average daily volumes of 11284 shares in the past one month. Jet Freight Logistics Ltd spurt 11.48% to Rs 14.76. The stock was the fourth biggest gainer in 'B' group. On the BSE, 1.95 lakh shares were traded on the counter so far as against the average daily volumes of 38622 shares in the past one month. Salzer Electronics Ltd advanced 11.00% to Rs 1026.05. The stock was the fifth biggest gainer in 'B' group. On the BSE, 27911 shares were traded on the counter so far as against the average daily volumes of 13828 shares in the past one month. Powered by Capital Market - Live

Dynacons Systems & Solutions announced that the Board of Directors of the Company at its meeting held on 12 August 2024, inter alia, have recommended the interim dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Dynacons Systems & Solutions rose 25.70% to Rs 17.61 crore in the quarter ended June 2024 as against Rs 14.01 crore during the previous quarter ended June 2023. Sales rose 8.59% to Rs 320.97 crore in the quarter ended June 2024 as against Rs 295.58 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales320.97295.58 9 OPM %7.716.93 - PBDT23.9418.96 26 PBT23.5918.58 27 NP17.6114.01 26 Powered by Capital Market - Live