CANDC's loss widens as expenses rise and other income falls
The consolidated operating loss reached Rs 1.07 cr in Q2FY27, while lower other income pushed the pre-tax loss to Rs 2.17 cr.
Filed 04 Nov 2026, 16:10 IST · after market close · CANDC (CANDC)
Key takeaways
- CANDC's consolidated operating loss widened to Rs 1.07 cr as expenses rose +37.18% QoQ despite nil revenue.
- Net loss deepened to Rs 2.17 cr because other income fell -65.75% QoQ, while interest eased -6.25%.
- The 0.00% tax rate did not flatter earnings, as the company remained loss-making before tax.
Nil revenue leaves costs uncovered
CANDC reported nil consolidated revenue in Q2FY27, while expenses reached Rs 1.07 cr and produced an operating loss of Rs 1.07 cr. The loss widened from Rs 0.78 cr in Q1FY27 as expenses rose +37.18% QoQ without any reported revenue.
Lower other income outweighed softer interest cost
Other income fell -65.75% QoQ to Rs 0.25 cr, reducing the limited support available to earnings; it represented -11.52% of reported pre-tax profit because PBT was negative. Interest declined -6.25% to Rs 1.20 cr, but that saving was more than offset by higher expenses and lower other income. With PBT at a loss, the 0.00% tax rate did not provide a profit benefit.
Second-quarter filing came after market close
The consolidated results were filed after market close on 4 Nov 2026. The available trend starts with Q1FY27, so there is not yet a longer multi-quarter pattern to assess.
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 | ₹1 cr | -65.75% |
| Expenses | ₹1 cr | ₹1 cr | +37.18% |
| Operating profit | ₹-1 cr | ₹-1 cr | -37.18% |
| Interest | ₹1 cr | ₹1 cr | -6.25% |
| Depreciation | ₹0 cr | ₹0 cr | +0.00% |
| Profit before tax | ₹-2 cr | ₹-1 cr | -46.62% |
| Tax | ₹0 cr | ₹0 cr | — |
| Net profit | ₹-2 cr | ₹-1 cr | -46.62% |
| EPS (₹) | ₹-0.85 | ₹-0.58 | -46.55% |
What to watch
- Whether consolidated revenue moves above Rs 0.00 cr.
- Whether the operating loss narrows from Rs 1.07 cr.
- Whether other income recovers from Rs 0.25 cr without a renewed rise in expenses above Rs 1.07 cr.