News Details

( As on 11/12/2025 18:20)

IVRCL posts Q2 net loss of Rs 902.63 cr

The company reported standalone net loss during the quarter stood at Rs 902.63 crore as compared to net loss of Rs 742.87 crore in the previous year quarter.

Net revenue of the company declined substantially by 77.43 per cent at Rs 1.53 crore in July-September quarter of this fiscal as against Rs 6.78 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 31.27 per cent to Rs 9.76 crore from Rs 14.20 crore in year ago period.

Other Income dipped by 90.55 per cent at Rs 2.05 crore versus (Sep'24 Rs 21.70 crore).

Operating Profit surged by 10.92 per cent to Rs -8.23 crore as against Rs -7.42 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 391.82 per cent in September quarter.

Interest grew by 18.47 per cent y-o-y to Rs 895.18 crore, while Taxation increased by 0.00 per cent at Rs 0.38 crore (Sep'24 Rs 0.38 crore).