ADVIK CAPITAL Q2 : CONS NET PROFIT TURNAROUND TO LOSS AT ₹6.93 CR (YOY), LOSS WIDENS FROM ₹1.19 CR (QOQ). WEAK (ON 1ST LOOK)

Revenue down 66.6% at ₹1.90 Cr (YOY), down 54.3% (QOQ). Finance costs up at ₹6.63 Cr v ₹3.62 Cr (YOY); total expenses ₹8.88 Cr v ₹5.63 Cr (YOY). Caution: ₹7.98 Cr income tax dues unpaid as at Sep 30; SEBI section 11C(3) communication and ED provisional attachment order on promoter-linked assets disclosed, impact not ascertainable. Half-year consolidated loss at ₹8.12 Cr v profit of ₹1.07 Cr (YOY).

Advik Capital Ltd

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