No revenue, but lower expenses narrow Alps Industries’ quarterly loss
The consolidated operating loss improved as expenses fell 26.32% sequentially, although revenue remained at zero.
Filed 13 Nov 2026, 19:16 IST · after market close · ALPSINDUS (ALPSINDUS)
Key takeaways
- Consolidated revenue stayed at Rs 0.00 cr, leaving the company with a net loss of Rs 0.15 cr.
- Expenses fell 26.32% QoQ, which narrowed the operating loss from Rs 0.19 cr to Rs 0.14 cr.
- Other income was Rs 0.00 cr and the tax rate was 0.00%, so the reported loss was not cushioned by non-operating income or a tax benefit.
Zero revenue keeps the business loss-making
Alps Industries reported no consolidated revenue in Q2FY27, while expenses of Rs 0.14 cr produced an operating loss of Rs 0.14 cr. The loss after tax was Rs 0.15 cr, with EPS at Rs -0.02. With no other income, the quarter’s result came entirely from the operating shortfall.
Expense reduction drove the sequential improvement
Expenses declined 26.32% from Q1FY27, narrowing the operating loss from Rs 0.19 cr to Rs 0.14 cr. Profit before tax improved to a loss of Rs 0.15 cr from Rs 0.19 cr sequentially. The tax rate remained 0.00%, so the improvement came from lower expenses rather than tax effects.
Results were filed after the market close
The consolidated results were filed after market close on 13 November 2026. There is no reported market reaction yet, so the stock’s response cannot be assessed against its past results.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 | Q1FY27 | QoQ |
|---|---|---|---|
| Revenue | ₹0 cr | ₹0 cr | — |
| Other income | ₹0 cr | ₹0 cr | — |
| Expenses | ₹0 cr | ₹0 cr | -26.32% |
| Operating profit | ₹-0 cr | ₹-0 cr | +26.32% |
| Interest | ₹0 cr | ₹0 cr | — |
| Depreciation | ₹0 cr | ₹0 cr | — |
| Profit before tax | ₹-0 cr | ₹-0 cr | +21.05% |
| Tax | ₹0 cr | ₹0 cr | — |
| Net profit | ₹-0 cr | ₹-0 cr | +21.05% |
| EPS (₹) | ₹-0.02 | ₹-0.02 | +0.00% |
What to watch
- Whether consolidated revenue moves above Rs 0.00 cr next quarter.
- Whether expenses remain below Rs 0.14 cr.
- Whether the operating loss improves from Rs 0.14 cr and EPS moves above Rs -0.02.