Q2 revenue rises 30% and consolidated profit turns positive
HORIZONIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Minute windows have no benchmark: there is no intraday index history to compare against.
The board approved unaudited standalone and consolidated results for Q2 and the half year, with an unmodified auditor review. Consolidated Q2 revenue rose 30% to Rs 2,149.9 million and EBITDA rose 34% to Rs 1,735 million, while profit after tax was Rs 139.3 million versus a Rs 760.5 million loss last year. Half-year revenue was Rs 4,155.3 million and PAT Rs 23.1 million. Leasing reached 2.5 million sq ft and occupancy was 94%.
Strong growth and a return to profit may support the stock, but high finance costs and negative consolidated operating cash flow remain risks.