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News Details

( As on 14/11/2025 19:55)

Nectar Lifesciences posts Q2 net loss of Rs 176.01 cr

The company reported standalone net loss during the quarter stood at Rs 176.01 crore compared to net profit of Rs 5.60 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 98.83 per cent at Rs 5.00 crore in July-September quarter of this fiscal as against Rs 428.10 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 98.43 per cent to Rs 6.04 crore from Rs 384.76 crore in year ago period.

Other Income grew by 7.25 per cent at Rs 0.74 crore versus (Sep'24 Rs 0.69 crore).

Operating Profit slipped by 102.40 per cent to Rs -1.04 crore as against Rs 43.33 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 306.23 per cent in September quarter.

Taxation decreased by 105.86 per cent at Rs -0.18 crore (Sep'24 Rs 3.07 crore).