India, Oct. 26 -- Contract manufacturing company Aequs reported a consolidated net loss of Rs.52.4 Cr in the September quarter of FY27, widening 154.4% from Rs.20.6 Cr in the corresponding quarter of the previous fiscal year.

Operating revenue climbed 45.3% to Rs.409.1 Cr from Rs.281.6 Cr.

Sequentially, revenue increased 3.4% from Rs.395.5 Cr, while net loss narrowed marginally from Rs.53.2 Cr in Q1 FY27.

Including other income of Rs.10.6 Cr, Aequs' total income stood at Rs.419.7 Cr during the quarter under review.

However, expenses excluding finance costs, depreciation, and amortisation rose faster than revenue, increasing 56.2% to Rs.395.2 Cr from Rs.253.1 Cr a year earlier.

Aequs' aerospace business remained its main revenue contr...