Varta
← Back to stories

From Inc42

Center Owned by Inc42 Media

IndiQube Cuts Q2 Net Loss By 80% YoY To ₹6 Cr, Revenue Up 35%

IndiQube Cuts Q2 Net Loss By 80% YoY To ₹6 Cr, Revenue Up 35%

What's behind this

Oil and Natural Gas Corporation (ONGC) reported a 57.3 per cent year‑on‑year increase in standalone net profit to Rs 15,489 crore for the second quarter of FY27, driven by higher crude oil and gas realisations. The company also announced an interim dividend of ₹8 per equity share and awarded offshore development projects valued at Rs 11,800 crore to bolster future production.

AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.

What each side is saying

One outlet's own words from each side of the spectrum. Quoted, not summarised.

  • center · 2 outlets

    Shiprocket reported a net profit of Rs 60 lakh in Q2 FY27, compared with a loss of Rs 20.3 crore a year ago, as revenue grew 35% to Rs 673.6 crore.

    — YourStory

  • right · 1 outlet

    IndiQube has reported impressive financial growth in Q2 FY27, achieving a revenue of Rs 475 crore, which marks a 34% increase from the previous year. With a total H1 revenue of Rs 904 crore, the company is on a strong upward trajectory. PAT surged by 66% to Rs 92 crore, while EBITDA saw a 40% rise…

    — The Economic Times

RSS excerpt

Coworking space provider IndiQube slashed its Q2 FY27 net loss by 80% to ₹5.9 Cr in from ₹29.9 Cr loss…

Coverage arrived over 52 hours — first from Inc42, latest from The Hindu.

✓ High Corroboration ⚡ Cross-Spectrum Consensus 6 news outlets reporting

Fact-Check & Bias Analysis

Confirmed by multiple independent newsrooms across the political spectrum.

Coverage Bias Distribution

Based on 6 reporting publishers
Left / Center-Left 1 (16%)
Center 3 (50%)
Center-Right / Right 2 (34%)

Compare all reporting outlets (6)

Inc42 Center Inc42 Media Current article

IndiQube Cuts Q2 Net Loss By 80% YoY To ₹6 Cr, Revenue Up 35%

Coworking space provider IndiQube slashed its Q2 FY27 net loss by 80% to ₹5.9 Cr in from ₹29.9 Cr loss…

Read more news

See all latest stories →