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AGC Networks reports fall of 69.50% in Q2 consolidated net profit

15 Nov 2021 Evaluate

AGC Networks has reported results for second quarter ended September 30, 2021.

The company has reported net loss at Rs 1.66 crore for the quarter under review as compared to net loss of Rs 0.11 crore for the same quarter in the previous year. Total income of the company increased by 3.56% at Rs 60.57 crore for Q2FY22 as compared to Rs 58.49 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 69.50% in its net profit at Rs 10.50 crore for the quarter under review as compared to Rs 34.43 crore for the same quarter in the previous year. Total income of the company increased by 9.85% at Rs 1,345.66 crore for Q2FY22 as compared to Rs 1,224.97 crore for the corresponding quarter previous year.

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