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Ion Exchange (India) posts Q2 net loss of Rs 71.35 cr

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The company reported standalone net loss during the quarter stood at Rs 71.35 crore compared to net profit of Rs 47.87 crore in the previous year quarter.ÿ

Net revenue of the company declined moderately by 9.22 per cent at Rs 615.73 crore in July-September quarter of this fiscal as against Rs 678.24 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 12.24 per cent to Rs 693.06 crore from Rs 617.47 crore in year ago period.

Other Income dipped by 37.62 per cent at Rs 10.28 crore versus (Sep'25 Rs 16.48 crore).

Operating Profit slipped by 227.25 per cent to Rs -77.33 crore as against Rs 60.77 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 240.18 per cent in September quarter.

Interest grew by 294.93 per cent y-o-y to Rs 8.57 crore, while Taxation decreased by 252.86 per cent at Rs -24.84 crore (Sep'25 Rs 16.25 crore).