Q2 revenue rises 66%, but consolidated loss remains Rs4.75 crore
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Q2 consolidated revenue rose 66% year on year to Rs178.62 crore, but loss after tax was Rs4.75 crore and loss before exceptional items and tax was Rs2.32 crore. H1 revenue rose 42% to Rs318.53 crore; profit after tax was Rs123.81 crore, mainly from a Rs167.29 crore net one-off gain on the Mahape property sale. H1 operating cash flow was Rs201.34 crore, borrowings fell to Rs10.61 crore, and auditors reported no material misstatement.
Revenue, cash flow and lower debt are positives, but the Q2 loss shows core earnings remain weak; H1 profit relies on a one-off property sale gain.