New Delhi, Oct. 27 -- Aequs shares plunged 19% after the aerospace components manufacturer reported a sharp increase in its consolidated loss for the September quarter, as a steep decline in operating earnings offset strong revenue growth.

The company posted a consolidated loss of Rs.52.3 crore in Q2 FY27, compared with a loss of Rs.20.59 crore in the corresponding quarter last year. Revenue from operations, however, rose 45.3% year-on-year to Rs.409.1 crore from Rs.281.5 crore. EBITDA fell 45% to Rs.24.5 crore from Rs.44.3 crore a year earlier.

For the first half of FY27, revenue grew 50% year-on-year to Rs.804.6 crore, supported by expansion in the aerospace and consumer businesses.

Including proportionate contributions from joint ve...