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DCX Systems reported a consolidated net loss of ₹0.2 crore for the September quarter of the financial year 2026-27, compared with a net loss of ₹9 crore in the corresponding period last year. Revenue from operations declined 27.5% year-on-year to ₹140 crore from ₹193 crore.
The company’s EBITDA loss narrowed to ₹1.5 crore in the second quarter, against an EBITDA loss of ₹13 crore in the year-ago period.
The Bengaluru-based defence manufacturing company announced its unaudited financial results for the quarter and half year ended September 30, 2026, following a board meeting held on November 11.
DCX Systems Q2 financial performance
On a consolidated basis, revenue from operations stood at ₹140.17 crore in the September quarter, compared with ₹192.85 crore in the corresponding quarter of the previous financial year.
The company reported a loss of ₹0.26 crore for the quarter, against a loss of ₹9.04 crore in the year-ago period. Its loss before tax stood at ₹0.19 crore, compared with ₹5.31 crore in the September quarter of the previous year.
For the six months ended September 30, 2026, DCX Systems reported revenue from operations of ₹243.30 crore, compared with ₹415.02 crore in the corresponding period last year. The consolidated net loss for the first half stood at ₹8.91 crore, against a loss of ₹4.98 crore in the year-ago period.
Subsidiaries and business operations
The company's consolidated financial results include the performance of its two wholly owned subsidiaries, Raneal Advanced Systems Private Limited and NIART Systems Limited, along with associate company ELTX Systems Private Limited.
During the September quarter, Raneal Advanced Systems reported revenue of ₹23.8 crore and a net loss of ₹1.94 crore. NIART Systems reported a net loss of ₹2.59 crore, while ELTX Systems reported a loss of ₹0.02 crore.
For the half year ended September 30, Raneal Advanced Systems recorded revenue of ₹43.74 crore and a net loss of ₹4.35 crore. NIART Systems reported a net loss of ₹13.24 crore, while ELTX Systems posted a loss of ₹0.10 crore.
DCX Systems said NIART Systems is engaged in research and development and has yet to commence commercial production. The company also stated that ELTX Systems had not started operations during the period.
DCX Systems is an Indian defence manufacturing company that provides electronic subsystems and cable harnesses to domestic and international customers. Its financial results were reviewed by the audit committee and approved by the board of directors on November 11.
Shares of DCX Systems closed 4.05% higher at ₹146.40 on the NSE.
