Please find attached Financial Results for the quarter and year ended on March 31, 2026 as approved by the Board of Directors of the Company.
AEQUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Aequs Limited reported standalone revenue of ₹1,238.58 Mn for FY26, up 34% from ₹922.39 Mn in FY25. Standalone net profit was ₹497.99 Mn versus a loss of ₹740.78 Mn in the prior year, driven by exceptional gains including reversal of ₹234.39 Mn impairment on SQuAD joint venture investment. Consolidated revenue grew 33% to ₹12,304.36 Mn (FY25: ₹9,246.06 Mn), though the group posted a consolidated net loss of ₹1,132.48 Mn (FY25: ₹1,023.46 Mn loss), impacted by high finance costs of ₹923.54 Mn and goodwill impairment of ₹482.65 Mn. The company completed its IPO in Q3 FY26, raising ₹6,700 Mn at ₹124 per share. Auditors B S R & Co. LLP issued an unmodified (clean) opinion. A scheme of amalgamation for three wholly-owned subsidiaries is pending approval.
Standalone operations turned profitable with strong revenue growth, signalling business recovery. However, the consolidated loss and high leverage (total borrowings ~₹4,036 Mn) remain concerns for investors. The IPO infusion improves the balance sheet significantly.