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06/11/2025 13:31

Abans Enterprises posts Q2 net loss of Rs 1.12 cr

The company reported standalone net loss during the quarter stood at Rs 1.12 crore as compared to net loss of Rs 0.42 crore in the previous year quarter.

Net revenue of the company rose three fold by 1525.53 per cent at Rs 108.26 crore in July-September quarter of this fiscal as against Rs 6.66 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 1596.60 per cent to Rs 109.77 crore from Rs 6.47 crore in year ago period.

Other Income dipped by 28.57 per cent at Rs 0.85 crore versus (Sep'24 Rs 1.19 crore).

Operating Profit slipped by 900.00 per cent to Rs -1.52 crore as against Rs 0.19 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 148.95 per cent in September quarter.

Interest declined by 70.77 per cent y-o-y to Rs 0.57 crore, while Taxation increased by 171.43 per cent at Rs -0.38 crore (Sep'24 Rs -0.14 crore).