Neueon Corporation Limited Q2 FY27 Results: Net Loss Widens to ₹166.23 Crore
Neueon Corporation Limited reported a consolidated net loss of ₹166.27 crore for Q2 FY27, a significant increase from ₹0.91 crore in Q2 FY26. Standalone net loss for the quarter was ₹166.23 crore. These results follow the company's Corporate Insolvency Resolution Process.
The widening net losses represent a material negative development for the company, significantly impacting its financial health and investor sentiment.
The company reported a substantial increase in net losses for both standalone and consolidated results for the quarter and half-year ended September 30, 2026, indicating a negative financial performance.
Neueon Corporation Limited announced its un-audited financial results for the quarter and half-year ended September 30, 2026. The company reported a consolidated net loss of ₹166.27 crore for the quarter, a significant increase from the ₹0.91 crore loss in the same period last year. For the half-year ended September 30, 2026, the consolidated net loss stood at ₹167.18 crore, compared to a loss of ₹110.99 crore in the corresponding period of the previous year.
On a standalone basis, the company posted a net loss of ₹166.23 crore for the quarter ended September 30, 2026, a substantial rise from the ₹0.82 crore loss in the same quarter last year. The standalone net loss for the half-year ended September 30, 2026, was ₹167.05 crore, compared to ₹110.99 crore in the previous year.
The results reflect the company's ongoing challenges post its Corporate Insolvency Resolution Process (CIRP), which concluded with the NCLT approval of a resolution plan on October 23, 2024. The financial statements have been prepared on a going concern basis.
The Board of Directors convened on October 31, 2026, to consider and approve these financial results. The statutory auditors, M/s. ASKM & CO., have provided a limited review report on the financial results. The financial statements will be available on the company's website and the stock exchanges' websites.
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