This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →
Q2 loss, weaker profit margins and 55% Aerolex Cables acquisition
AERONEU · price
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Board approved unaudited Q2 and half-year results and a cash purchase of 55% of Aerolex Cables for Rs 31.00 crore, targeted within 60 days. Consolidated revenue rose 3.5% to Rs 35.75 crore in Q2 but fell 0.4% to Rs 63.98 crore in half-year. Consolidated PAT was a Rs 3.92 crore Q2 loss and Rs 3.83 crore half-year loss after a Rs 4.46 crore exceptional loss on selling Fibcorp Polyweave. Standalone operating cash flow was negative Rs 5.37 crore.
The loss and weaker margins may hurt the stock. The acquisition diversifies into wires and cables, but cash outflow and deal execution add risk.
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Revenue | ₹35.75 Cr | ₹34.52 Cr | +3.5% |
| Operating profit | −₹0.25 Cr | −₹0.59 Cr | loss narrowed |
| Profit after tax | −₹3.92 Cr | ₹1.07 Cr | −466.3% |
| EBITDA margin | -8.6% | 2.1% | −10.6 pp |
From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.