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Neueon Corporation Ltd consolidated sales down 99.03% on year in Q2FY2026, net profit plunged by 99.56% As on : 03-Aug-26  12:03

Neueon Corporation Ltd share price declined by 4.95% to Rs 15.74 after the company's net profit tumbled by 99.56% to Rs 0.91 crore, while revenue from operations dropped sharply 99.03% to Rs 0.06 crore in Q2FY26 over Q1FY26. The market capitalization of Heavy Electrical Equipment industry group stocks on BSE stood at Rs 12.66 lakh crore, crashing by 16.24%. It has softened by 1.01% over last one week and softened by 1.84% in last one month while the market capitalization of Neueon Corporation Ltd has remained flat Profit before tax (PBT) of Neueon Corporation Ltd stood at Rs 0.91 crore in Q2 FY26, nosediving by 95.88% year-on-year, and plunging by 99.56% quarter-on-quarter. EBITDA came in at Rs 1 crore, surging by 60.00% YoY and tanking 99.59% sequentially. Total expenses saw a steep drop of 99.43% to Rs 1.13 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 0.0 crore, slumping by 100% YoY, while employee benefits expense was at Rs 0.2 crore, jumping 17.65% YoY. For the TTM ended FY26, revenue from operations surged 5900% to Rs 5.4 crore, while net profit slipped by 3.16% to Rs 90.74 crore, compared to previous TTM. EBITDA tanked by 886% to Rs 2.24 crore, and PBT dipped slightly 3.16% to Rs 90.74 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1226.77 crore in FY26, as against Rs 20.7 crore in FY25. Neueon Corporation Ltd jumped 173.26% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 3.81% during the same period.