AceVector Q2 Loss Surges 116% YoY To ₹16.2 Cr, Revenue Up 17%
AceVector posted a net loss of ₹16.2 Cr in Q2 FY27 (September quarter), more than double the ₹7.5 Cr loss from the prior year, though the company achieved 37% sequential improvement from Q1's ₹25.5 Cr loss. Operating revenue grew 17% year-over-year to ₹151.2 Cr, with total income including other income at ₹153.8 Cr. The company recently listed on Indian bourses after completing a ₹420 Cr IPO. Higher marketing investments ahead of the festive season and logistics cost pressures were cited as reasons for the increased loss.
Key points
- Q2 net loss surged 116% YoY to ₹16.2 Cr from ₹7.5 Cr
- Operating revenue up 17% YoY to ₹151.2 Cr
- Recently completed ₹420 Cr IPO and listing
- Loss expansion blamed on festive season marketing and logistics pressures
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