No revenue, while Shyam Telecom’s standalone loss widens 28.14% QoQ
Expenses more than doubled sequentially and negative other income remained a major contributor to the Rs 2.55 cr net loss.
Filed 29 Oct 2026, 12:48 IST · Shyam Telecom Ltd (SHYAMTEL)
Key takeaways
- Shyam Telecom reported no revenue for a second straight quarter, while its standalone net loss widened 28.14% QoQ to Rs 2.55 cr.
- Expenses rose 119.05% QoQ despite zero revenue, deepening the operating loss to Rs 0.92 cr.
- Negative other income of Rs 2.04 cr represented 67.55% of pre-tax loss, while the tax rate fell 5.27 percentage points to 15.81%.
Price around the results
Zero revenue leaves the cost base exposed
This standalone quarter had no revenue, the second consecutive quarter at zero, so the Rs 0.92 cr expense base translated directly into operating loss. Expenses increased 119.05% QoQ, taking the operating loss from Rs 0.42 cr to Rs 0.92 cr. With no interest expense, depreciation and negative other income drove the loss further below operating profit.
Negative other income drove much of the pre-tax loss
Negative other income of Rs 2.04 cr accounted for 67.55% of the pre-tax loss, making non-operating items a major contributor to the reported result. The tax rate fell 5.27 percentage points to 15.81%, but the tax credit was smaller at Rs 0.48 cr versus Rs 0.53 cr in Q1FY27. That provided less offset to the sequential loss.
Loss worsened for a second straight quarter
The standalone net loss widened 28.14% QoQ, and EPS moved to Rs -2.26 from Rs -1.77. The available quarterly direction is negative: revenue remained at zero while the operating loss widened from Rs 0.42 cr to Rs 0.92 cr.
Q2FY27 at a glance
Standalone 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 | ₹-2 cr | ₹-2 cr | +1.92% |
| Expenses | ₹1 cr | ₹0 cr | +119.05% |
| Operating profit | ₹-1 cr | ₹-0 cr | -119.05% |
| Interest | ₹0 cr | ₹0 cr | — |
| Depreciation | ₹0 cr | ₹0 cr | +100.00% |
| Profit before tax | ₹-3 cr | ₹-3 cr | -19.37% |
| Tax | ₹-0 cr | ₹-1 cr | +9.43% |
| Net profit | ₹-3 cr | ₹-2 cr | -28.14% |
| EPS (₹) | ₹-2.26 | ₹-1.77 | -27.68% |
What to watch
- Whether revenue moves above Rs 0.00 cr after two consecutive quarters at zero.
- Whether expenses fall from Rs 0.92 cr after rising 119.05% QoQ.
- Whether negative other income remains a major contributor versus 67.55% of pre-tax loss.