CMBL Q2 : STANDALONE NET LOSS AT ₹2.62 CR V ₹1.02 CR PROFIT (YOY), LOSS WIDENS FROM ₹51.6 L (QOQ). WEAK (On 1st Look)

Total income ₹2.28 Cr, up 45.4% (YOY), down 11.7% (QOQ). Total expenses ₹4.91 Cr, including other expenses ₹3.11 Cr and finance cost ₹1.78 Cr. Other comprehensive loss ₹4.84 Cr; total comprehensive loss ₹7.46 Cr. EPS at ₹(0.41) for the quarter, not annualised. Caution: auditor's limited review is qualified on unsecured loans of ₹51.82 Cr not backed by formal written loan agreements.

Corporate Merchant Bankers Ltd

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