IndiQube Cuts Q2 Net Loss By 80% YoY To ₹6 Cr, Revenue Up 35%
IndiQube significantly narrowed its Q2 FY27 loss to ₹5.9 Cr from ₹29.9 Cr in the prior year, demonstrating a path toward profitability. Operating revenue reached ₹471.9 Cr, up 35% year-over-year, while total expenses increased at a slower rate of 23.5%. The company benefitted from a ₹6.4 Cr deferred tax credit during the quarter.
Key points
- Q2 net loss cut 80% to ₹5.9 Cr from ₹29.9 Cr prior year
- Operating revenue grew 35% YoY to ₹471.9 Cr
- Sequential loss reduction of 75% from Q1 FY27
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