Aequs Q2: Loss Widens 2.5X To ₹52.4 Cr, Revenue Jumps 45% YoY
Aequs' consolidated net loss widened 154% to ₹52.4 Cr in the September quarter, though the loss narrowed marginally from the prior quarter. Operating revenue jumped 45% year-over-year to ₹409.1 Cr. The aerospace business, the company's main revenue source, grew 44% to ₹351.4 Cr, while consumer business revenue increased 52% to ₹57.7 Cr. Despite strong revenue growth, operating expenses increased faster at 56.2%, driving deeper losses.
Key points
- Revenue grew 45% YoY to ₹409.1 Cr
- Net loss widened to ₹52.4 Cr despite sequential improvement
- Aerospace business remains largest revenue contributor at ₹351.4 Cr
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