Photon Capital Advisors Reports Mixed Q2 Results: Standalone Loss Widens, Consolidated Profit Emerges
Photon Capital Advisors Limited released Q2 2025 results, showing contrasting performances. Standalone net loss widened to ₹9.70 crore from ₹5.87 crore year-over-year, with revenue declining to ₹4.41 crore from ₹6.52 crore. However, consolidated results improved, with profit increasing to ₹21.71 crore from ₹19.06 crore. Half-yearly consolidated profit rose significantly to ₹19.02 crore from ₹4.97 crore. The company's paid-up equity remained stable at ₹151.37 crore, while consolidated other equity grew to ₹621.10 crore.

*this image is generated using AI for illustrative purposes only.
Photon Capital Advisors Limited , a financial services company, has released its unaudited financial results for the second quarter ended September 30, 2025, showcasing a mixed performance across standalone and consolidated figures.
Standalone Performance
The company's standalone financials paint a challenging picture:
| Particulars (Standalone) | Q2 2025 | Q2 2024 | H1 2025 | H1 2024 |
|---|---|---|---|---|
| Revenue from Operations | ₹4.41 | ₹6.52 | ₹10.26 | ₹12.17 |
| Total Expenses | ₹14.11 | ₹12.39 | ₹30.16 | ₹24.35 |
| Net Loss | ₹9.70 | ₹5.87 | ₹19.89 | ₹12.18 |
| EPS (Basic & Diluted) | ₹(0.64) | ₹(0.39) | ₹(1.31) | ₹(0.80) |
Photon Capital Advisors reported a standalone net loss of ₹9.70 crore for Q2 2025, significantly wider than the ₹5.87 crore loss in the same quarter last year. The loss for the half-year also increased to ₹19.89 crore from ₹12.18 crore in the previous year.
Revenue from operations declined to ₹4.41 crore in Q2 2025 from ₹6.52 crore in Q2 2024. For the half-year, revenue decreased to ₹10.26 crore from ₹12.17 crore year-over-year.
Consolidated Results Show Improvement
In contrast to the standalone figures, the consolidated results showed a marked improvement:
| Particulars (Consolidated) | Q2 2025 | Q2 2024 | H1 2025 | H1 2024 |
|---|---|---|---|---|
| Revenue from Operations | ₹4.41 | ₹6.52 | ₹10.26 | ₹12.17 |
| Total Expenses | ₹14.11 | ₹12.39 | ₹30.16 | ₹24.35 |
| Net Profit/(Loss) | ₹21.71 | ₹19.06 | ₹19.02 | ₹4.97 |
| EPS (Basic & Diluted) | ₹1.43 | ₹1.26 | ₹1.26 | ₹0.33 |
On a consolidated basis, Photon Capital Advisors posted a profit of ₹21.71 crore for Q2 2025, up from ₹19.06 crore in Q2 2024. The half-yearly profit also saw a substantial increase to ₹19.02 crore from ₹4.97 crore in the previous year.
Other Financial Highlights
- The company's paid-up equity share capital remained unchanged at ₹151.37 crore.
- Consolidated other equity increased to ₹621.10 crore as of September 30, 2025, from ₹602.04 crore at the end of the previous fiscal year.
- Cash and cash equivalents decreased slightly to ₹35.07 crore from ₹36.69 crore at the beginning of the half-year.
Board Meeting
The board of directors approved these unaudited financial results in their meeting held on October 17, 2025. The meeting commenced at 3:00 p.m. and concluded at 4:00 p.m.
Conclusion
Photon Capital Advisors Limited's Q2 2025 results present a contrasting picture between standalone and consolidated performances. While the standalone entity faces challenges with widening losses, the consolidated results show resilience with improved profitability.
Historical Stock Returns for Photon Capital Advisors
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | 0.0% | 0.0% | -100.00% | -100.00% | -100.00% |



























