On a sequential basis, the loss fell 19% from INR 36.8
Operating income up 39% YoY and 13% QoQ to INR 350.1
The company received a tax benefit of INR 8.8 crore during the quarter under review compared to a tax benefit of INR 8.7 crore in the year-ago quarter
A managed workplace provider IndiQube
managed to narrow its net loss for 2QFY26 by 43% to INR 29.9 crore from the loss of INR 52.5 crore incurred in the year-ago quarter. On a sequential basis, the loss fell 19% from INR 36.8.
Operating income rose 39% YoY and 13% QoQ to INR 350.1. Including other income of INR 16.5 crore, IndiQube’s total revenue for the period was INR 366.6 crore.
Meanwhile, the company’s total expenses grew by 32% y/y to 405.3 kr.
Notably, the company received a tax credit of INR 8.8 crore during the quarter under review compared to tax payments of INR 8.7 crore in the year-ago quarter. It got a tax credit of INR 13.2 crore in Q1 FY26.
(Story will be updated soon)
