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Zetwerk's Q2 Loss Widens 43% to ₹88 Crore; Order Book Hits Record High
Sentiment: NeutralHigh Priority
What Happened?
Zetwerk Manufacturing reported a 43% increase in net loss to ₹88.11 crore for Q2 FY27, despite an 18% rise in revenue to ₹4,599 crore. The company's order book reached a record ₹14,595 crore.
Key points
- Net loss increased to ₹88.11 crore from ₹61.55 crore year-on-year.
- Revenue from operations grew 18% year-on-year to ₹4,599 crore.
- Adjusted EBITDA rose 66% quarter-on-quarter to ₹171 crore.
- The order book increased by 67% year-on-year to ₹14,595 crore.
- Zetwerk won new orders worth ₹4,613 crore in Q2 FY27.
Key insights
- The significant increase in the order book may lead to future revenue growth.
- Repeat customers contributed 83% of first-half revenue, indicating strong customer loyalty.
- The company's focus on design-led products could enhance profitability.
Why it matters
Zetwerk's financial performance indicates strong growth potential in the manufacturing sector.
Tags
Entities
Zetwerk Manufacturing Businesses Ltd· CompanyIndia· Country
Source
Business Standard
