Aerospace stock Aequs plunges 19% after Q2 results. Why are investors worried?
60-Word AI Digest
Aequs shares fell sharply on Tuesday after the aerospace manufacturer’s Q2 FY27 net loss more than doubled to Rs 52 crore. Revenue rose 45% year-on-year, but EBITDA fell 45% and margins narrowed. Brokerages flagged weakness in the consumer business and delayed breakeven expectations, even as the aerospace order book remained strong.
Key Takeaways
- Aequs shares fell sharply on Tuesday after the aerospace manufacturer’s Q2 FY27 net loss more than doubled to Rs 52 crore.
- Revenue rose 45% year-on-year, but EBITDA fell 45% and margins narrowed.
- Brokerages flagged weakness in the consumer business and delayed breakeven expectations, even as the aerospace order book remained strong.
Aequs shares fell sharply on Tuesday after the aerospace manufacturer’s Q2 FY27 net loss more than doubled to Rs 52 crore. Revenue rose 45% year-on-year, but EBITDA fell 45% and margins narrowed. Brokerages flagged weakness in the consumer business and delayed breakeven expectations, even as the aerospace order book remained strong.
Original Publisher Attribution
This summary was curated from Economic Times.