- Home
- Results news
- NEUEON CORPORATION
- Q2 FY27 results
NEUEON CORPORATION Q2 FY27 results: net loss widens to ₹166.27 crore, revenue up 76.0%
NEUEON CORPORATION LTD reported consolidated revenue of ₹7.25 crore in Q2 FY27, up from ₹4.12 crore in the year-ago quarter, but recorded a net loss of ₹166.27 crore. EBITDA was ₹0.79 crore with a negative margin of 10.8%, while the results included an exceptional charge of ₹165.27 crore.
Key points
- Consolidated Q2 FY27 revenue was ₹7.25 crore, up 76.0% from ₹4.12 crore in Q2 FY26.
- The company reported a net loss of ₹166.27 crore in Q2 FY27, against a net loss of ₹88.91 crore in Q2 FY26.
- EBITDA was ₹0.79 crore in Q2 FY27, compared with a loss of ₹66.86 crore in the year-ago quarter; the margin moved to negative 10.8% from negative 1621.5%.
- Q2 FY27 included an exceptional charge of ₹165.27 crore, compared with an exceptional charge of ₹0.47 crore in Q2 FY26.
- For H1 FY27, revenue was ₹7.31 crore, down 14.8% from ₹8.58 crore in H1 FY26, and the company reported a net loss of ₹167.18 crore.
How did NEUEON CORPORATION perform in Q2 FY27?
Consolidated revenue for Q2 FY27, the July–September 2026 quarter, was ₹7.25 crore, up ₹3.13 crore, or 76.0%, from ₹4.12 crore in Q2 FY26 and up ₹7.19 crore from ₹0.06 crore in Q1 FY27. Total income was ₹7.33 crore, against ₹4.16 crore a year earlier and ₹0.23 crore in the previous quarter.
EBITDA was ₹0.79 crore in Q2 FY27, compared with a loss of ₹66.86 crore in Q2 FY26 and a loss of ₹0.63 crore in Q1 FY27. The EBITDA margin was negative 10.8%, compared with negative 1621.5% in Q2 FY26 and negative 1030.0% in Q1 FY27. The company reported a net loss of ₹166.27 crore, against ₹88.91 crore in Q2 FY26 and ₹0.91 crore in Q1 FY27; basic EPS was negative ₹2.94.
The company also reported standalone revenue of ₹6.97 crore and a standalone loss before tax of ₹88.91 crore for the quarter. The board approved the standalone and consolidated un-audited results for the quarter and half year ended 30 September 2026 on 31 October 2026.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 7.25 | 0.06 | 4.12 | +76.0% | +11983.3% |
| Other income | 0.08 | 0.17 | 0.03 | +166.7% | −52.9% |
| Total expenses | 8.33 | 1.14 | 92.59 | −91.0% | +630.7% |
| EBITDA | −0.79 | −0.63 | −66.86 | ||
| EBITDA margin | -10.8% | -1030.0% | -1621.5% | +1610.7 pp | +1019.2 pp |
| Profit before tax | −166.27 | −0.91 | −88.91 | ||
| Tax | 0 | 0 | 0 | ||
| Net profit | −166.27 | −0.91 | −88.91 | ||
| EPS (₹) | −2.94 | −0.02 | −15.75 |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in NEUEON CORPORATION's costs and profit?
Total expenses were ₹8.33 crore in Q2 FY27, down ₹84.26 crore, or 91.0%, from ₹92.59 crore in Q2 FY26. Depreciation fell ₹21.32 crore, or 98.7%, to ₹0.29 crore, while other expenses fell ₹66.45 crore, or 99.1%, to ₹0.63 crore. Employee cost was ₹0.25 crore, up ₹0.04 crore, or 19.0%, and finance costs remained unchanged.
Other income was ₹0.08 crore, up ₹0.05 crore from ₹0.03 crore in Q2 FY26. The quarter included an exceptional charge of ₹165.27 crore, against an exceptional charge of ₹0.47 crore a year earlier. Tax remained unchanged at ₹0 crore, and the net loss widened by ₹77.36 crore to ₹166.27 crore.
Against Q1 FY27, total expenses rose ₹7.19 crore, or 630.7%, to ₹8.33 crore. Employee cost increased ₹0.05 crore, or 25.0%, to ₹0.25 crore, other expenses increased ₹0.23 crore, or 57.5%, to ₹0.63 crore, and depreciation fell ₹0.15 crore, or 34.1%, to ₹0.29 crore. Other income fell ₹0.09 crore, or 52.9%, to ₹0.08 crore; there was no exceptional item in the previous quarter.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 0 | 0 | 0 | |
| Employee cost | 0.25 | 0.21 | +0.04 | +19.0% |
| Finance costs | 0 | 0 | 0 | |
| Depreciation | 0.29 | 21.61 | −21.32 | −98.7% |
| Other expenses | 0.63 | 67.08 | −66.45 | −99.1% |
| Total expenses | 8.33 | 92.59 | −84.26 | −91.0% |
| Other income | 0.08 | 0.03 | +0.05 | +166.7% |
| Tax | 0 | 0 | 0 | |
| Exceptional items | −165.27 (charge) | −0.47 (charge) |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
For the first half of FY27, consolidated revenue was ₹7.31 crore, down ₹1.27 crore, or 14.8%, from ₹8.58 crore in H1 FY26. Total income was ₹7.55 crore, down ₹1.07 crore, or 12.4%, from ₹8.62 crore, while other income was ₹0.20 crore, compared with ₹0.04 crore.
The company reported a loss before tax and a net loss of ₹167.18 crore for H1 FY27, compared with ₹110.99 crore in H1 FY26. Basic EPS was negative ₹2.96, compared with negative ₹19.63. H1 FY27 included an exceptional charge of ₹165.27 crore, while H1 FY26 included an exceptional charge of ₹0.47 crore.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 7.31 | 8.58 | −14.8% |
| Profit before tax | −167.18 | −110.99 | |
| Net profit | −167.18 | −110.99 | |
| EPS (₹) | −2.96 | −19.63 |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
At 30 September 2026, total assets were ₹94.25 crore, compared with ₹266.24 crore at 31 March 2026. Total equity was ₹52.82 crore, against ₹220.22 crore; borrowings were ₹20.35 crore, compared with ₹41.98 crore, and cash was ₹0.36 crore, against ₹1.41 crore. Trade receivables were ₹5.97 crore, compared with ₹169.02 crore, while trade payables were ₹5.57 crore, compared with ₹0.19 crore.
For H1 FY27, operating cash flow was ₹19.75 crore, compared with negative ₹11.0 crore in H1 FY26. Investing cash flow was ₹1.05 crore, against ₹10.48 crore, and financing cash flow was negative ₹21.86 crore, against negative ₹0.15 crore. Capital expenditure was ₹0.29 crore, compared with ₹0 crore.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 94.25 | 266.24 |
| Total equity | 52.82 | 220.22 |
| Borrowings | 20.35 | 41.98 |
| Cash and equivalents | 0.36 | 1.41 |
| Inventories | 0 | 0 |
| Trade receivables | 5.97 | 169.02 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | 19.75 | −11 |
| Cash from investing | 1.05 | 10.48 |
| Cash from financing | −21.86 | −0.15 |
| Capital expenditure | 0.29 | 0 |
Source: Company's results filing (XBRL).
How has NEUEON CORPORATION done over the last 8 quarters?
Revenue reached a high of ₹7.25 crore in Q2 FY27 and a low of ₹0.01 crore in Q3 FY25. After ₹6.17 crore in Q4 FY26, revenue fell to ₹0.06 crore in Q1 FY27 and then rose to ₹7.25 crore in Q2 FY27. The company reported a net loss in each of the last eight quarters.
The net loss was lowest at ₹8.8 crore in Q3 FY26 and highest at ₹206.39 crore in Q4 FY26, before narrowing to ₹0.91 crore in Q1 FY27 and rising to ₹166.27 crore in Q2 FY27. The EBITDA margin peaked at 5368.2% in Q3 FY26 and was negative 10.8% in Q2 FY27.
What did the auditors point out?
The statutory auditors, ASKM & CO., issued a limited review containing a qualified conclusion. They said they were unable to review the interim financial information of the foreign subsidiary, which had been furnished by management, and could not determine whether adjustments to the consolidated results and related disclosures might have been necessary. They also stated that the conclusion on the three Indian subsidiaries was based on a review of their interim financial information.
Apart from the possible effects of the matter described in the Basis for Qualified Conclusion, the auditors said nothing had come to their attention that caused them to believe the consolidated statement did not disclose the required information or contained a material misstatement. The company said it underwent the resolution process until 23 October 2024 and that the financial statements were prepared on a going-concern basis.
How did NEUEON CORPORATION shares react?
| After the filing | Stock |
|---|---|
| 5 minutes | +0.0% |
| 15 minutes | +0.0% |
| 30 minutes | +0.0% |
| Reaction day | +2.8% |
| Next day | −0.9% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
Quick answers
What was NEUEON CORPORATION's revenue in Q2 FY27?
Revenue from operations was ₹7.25 crore, up 76.0% from ₹4.12 crore in Q2 FY26 (consolidated).
Did NEUEON CORPORATION make a profit in Q2 FY27?
No. It reported a net loss of ₹166.27 crore, against a net loss of ₹88.91 crore in Q2 FY26.
What was NEUEON CORPORATION's EPS in Q2 FY27?
Basic loss per share was ₹2.94, against a loss of ₹15.75 in Q2 FY26.
How did NEUEON CORPORATION shares react to the Q2 FY27 results?
On the reaction day the stock moved +2.8% from the previous close.
When did NEUEON CORPORATION announce its Q2 FY27 results?
On 31 October 2026, in a filing to the NSE.
Sources
- Board Meeting Intimation for Board Meeting Scheduled To Be Held On Saturday, Oct 31, 2026 (BSE, 27 October 2026) · PDF
- Outcome of Board Meeting (NSE, 31 October 2026) · PDF
- Outcome of Board Meeting (NSE, 31 October 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
This is information, not investment advice. MarketPing does not recommend buying or selling any security.