Zetwerk’s Q2 Loss Jumps 43% YoY To ₹88 Cr, Revenue Up 18%
Zetwerk’s consolidated net loss jumped 43.2% YoY to ₹88.1 Cr in the September quarter from ₹61.6 Cr in the year-ago period. On a sequential basis, the company’s net loss narrowed sharply by 88% from ₹733 Cr loss incurred in the previous quarter.
The company’s net loss from continuing operations zoomed 161% YoY to ₹53.8 Cr while its loss from discontinued operations reduced by 16% to ₹34.3 Cr.
Operating revenue for Q2 FY27 grew 18.3% YoY to ₹4,599.4 Cr from ₹3,889.3 Cr in the previous year quarter. Sequentially, revenue increased 11.7% from ₹4,117.9 Cr. Including other income of ₹53.3 Cr, total income amounted to ₹4,652.7 Cr.
Additionally, Zetwerk recorded net exceptional gains of ₹1.3 Cr from continuing operations.
The company’s total expenses in Q2 FY27 increased 19.6% YoY to ₹4,689.5 Cr from ₹3,919.6 Cr. On a sequential basis, total expenses grew 10.6% QoQ. It incurred ₹11.9 Cr in net tax expenses from continuing operations.
Factoring in other comprehensive loss of ₹2.9 Cr, the company posted a total comprehensive loss of ₹91 Cr in the quarter under review.
(This story will be updated shortly)
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