Moschip reports Rs 30.40 cr consolidated loss in Q2FY27
Expenses exceeded revenue, leaving operating margin at -16.52% and placing Moschip among the bottom three of 32 reported IT peers.
Filed 28 Oct 2026, 23:00 IST · after market close · Moschip Technologies Ltd (MOSCHIP)
Key takeaways
- Moschip Technologies reported a consolidated net loss of Rs 30.40 cr in Q2FY27, with operating loss at Rs 19.68 cr.
- Expenses of Rs 138.76 cr exceeded revenue of Rs 119.08 cr, resulting in a -16.52% operating margin.
- Moschip's operating margin was 34.28 percentage points below the 17.76% median of 32 reported Information Technology peers.
Price around the results
Operating loss follows a cost-revenue mismatch
The consolidated Q2FY27 result was loss-making at both operating and net levels: expenses of Rs 138.76 cr were above revenue of Rs 119.08 cr, producing an operating loss of Rs 19.68 cr. Interest of Rs 2.56 cr and depreciation of Rs 7.50 cr added to the loss below the operating line. Other income was only Rs 0.85 cr, so it did not materially offset the Rs 28.88 cr pre-tax loss.
Margin sits well below the reported IT peer median
Moschip's -16.52% operating margin was 34.28 percentage points below the 17.76% median for 32 Information Technology peers that had reported the same quarter. The company ranked third from the bottom on this measure, making the operating loss the clearest differentiator in the quarter. The Rs 1.52 cr tax charge resulted in a -5.26% tax rate despite the pre-tax loss and did not flatter net profit.
Results filed after market close
The consolidated results were filed after market close on 28 October 2026. No post-results market reaction is available yet, so the stock's response cannot be assessed against its past results history.
Q2FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹119 cr |
| Other income | ₹1 cr |
| Expenses | ₹139 cr |
| Operating profit | ₹-20 cr |
| Operating margin (%) | -16.52% |
| Interest | ₹3 cr |
| Depreciation | ₹8 cr |
| Profit before tax | ₹-29 cr |
| Tax | ₹2 cr |
| Net profit | ₹-30 cr |
| EPS (₹) | ₹-1.56 |
Operating margin of -16.52% compares with a Information Technology sector median of 17.76% across 32 peers that have reported Q2FY27.
What to watch
- Whether operating margin improves from -16.52% in the next quarter.
- Whether revenue moves above the current Rs 119.08 cr level while expenses fall below Rs 138.76 cr.
- Whether the tax charge remains present alongside a pre-tax loss of Rs 28.88 cr.