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(13/11/2025 16:14)

Intl. Coveyors posts Q2 net loss of Rs 18.76 cr

The company reported standalone net loss during the quarter stood at Rs 18.76 crore compared to net profit of Rs 27.90 crore in the previous year quarter.ÿ

Net revenue of the company rose substantially by 22.70 per cent at Rs 39.68 crore in July-September quarter of this fiscal as against Rs 32.34 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 13.96 per cent to Rs 29.87 crore from Rs 26.21 crore in year ago period.

Other Income dipped by 202.64 per cent at Rs -32.66 crore versus (Sep'24 Rs 31.82 crore).

Operating Profit surged by 60.03 per cent to Rs 9.81 crore as against Rs 6.13 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 30.45 per cent in September quarter.

Interest grew by 21.15 per cent y-o-y to Rs 2.75 crore, while Taxation decreased by 198.50 per cent at Rs -7.23 crore (Sep'24 Rs 7.34 crore).
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