Aequs Q2: Loss Widens 2.5X To ₹52.4 Cr, Revenue Jumps 45% YoY

Contract manufacturing company Aequs reported a consolidated net loss of ₹52.4 Cr in the September quarter of FY27, widening 154.4% from ₹20.6 Cr in the corresponding quarter of the previous fiscal year. 

Operating revenue climbed 45.3% to ₹409.1 Cr from ₹281.6 Cr.

Sequentially, revenue increased 3.4% from ₹395.5 Cr, while net loss narrowed marginally from ₹53.2 Cr in Q1 FY27.

Including other income of ₹10.6 Cr, Aequs’ total income stood at ₹419.7 Cr during the quarter under review.

However, expenses excluding finance costs, depreciation, and amortisation rose faster than revenue, increasing 56.2% to ₹395.2 Cr from ₹253.1 Cr a year earlier.

Aequs’ aerospace business remained its main revenue contributor, generating ₹351.4 Cr during the quarter, up 44.2% from ₹243.7 Cr a year earlier.

Meanwhile, consumer business revenue increased 52% to ₹57.7 Cr from ₹37.9 Cr.

(The story will be updated soon)

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