Incon Engineers Reports Widened Loss in Q2 FY2026, Revenue Declines
Incon Engineers Limited reported a net loss of ₹14.07 lakhs for Q2 FY2026, compared to ₹4.19 lakhs in Q1 FY2026. Revenue from operations was ₹20.18 lakhs, up from zero in the previous quarter. Total expenses increased to ₹34.25 lakhs. The company's half-year cumulative loss stood at ₹18.26 lakhs. Basic EPS for Q2 FY2026 was negative ₹0.33. As of September 30, 2025, total assets were ₹59.13 lakhs, with negative equity of ₹53.79 lakhs. The financial position indicates significant challenges with liabilities exceeding assets.
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Incon Engineers Limited, a Hyderabad-based company, has reported a significant increase in its net loss for the second quarter of the fiscal year 2025-26. The company's financial performance shows a challenging period with declining revenue and increased losses.
Financial Highlights
| Particulars (₹ in Lakhs) | Q2 FY2026 | Q1 FY2026 | Q2 FY2025 |
|---|---|---|---|
| Revenue from Operations | 20.18 | 0.00 | 0.00 |
| Net Loss | (14.07) | (4.19) | (11.09) |
| Total Expenses | 34.25 | 27.99 | 14.71 |
| Basic EPS (₹) | (0.33) | (0.10) | (0.26) |
Key Points
- Widened Losses: Incon Engineers reported a net loss of ₹14.07 lakhs for Q2 FY2026, compared to a loss of ₹4.19 lakhs in the previous quarter (Q1 FY2026).
- Revenue Generation: The company generated revenue from operations of ₹20.18 lakhs in Q2 FY2026, after no revenue in the previous quarter.
- Increased Expenses: Total expenses rose to ₹34.25 lakhs in Q2 FY2026 from ₹27.99 lakhs in Q1 FY2026.
- Half-Year Performance: For the half-year ended September 30, 2025, the company's cumulative loss stood at ₹18.26 lakhs.
- Earnings Per Share: The basic and diluted earnings per share for Q2 FY2026 was negative ₹0.33.
Expense Breakdown
The largest components of expenses for Q2 FY2026 were:
- 'Other Expenses' at ₹6.78 lakhs
- Employee benefit expenses at ₹8.59 lakhs
Balance Sheet Overview
As of September 30, 2025, Incon Engineers Limited reported:
| Particulars (₹ in Lakhs) | Amount |
|---|---|
| Total Assets | 59.13 |
| Total Equity | (53.79) |
| Non-current Liabilities | 94.18 |
| Current Liabilities | 18.74 |
The company's financial position indicates significant challenges, with liabilities exceeding assets and negative equity.
Management Approval
The Board of Directors approved these unaudited financial results at their meeting held on November 10, 2025. The results have undergone a limited review by the company's auditors.
Incon Engineers Limited continues to face financial difficulties, as evidenced by the widening losses and negative equity position. The company's ability to generate revenue in Q2 FY2026, after a non-revenue quarter, may be a positive sign, but the increased losses suggest ongoing operational challenges.
Historical Stock Returns for Incon Engineers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.69% | +0.63% | +3.43% | +6.55% | -13.66% | +291.35% |
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