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Aeroflex Neu Approves Rs 31 Crore Acquisition of 55 Percent Aerolex Stake


30 October 2026
Aeroflex Neu Ltd.

Subsidiary Sale Drives Loss Net loss of Rs 3.9 Cr in Q2 FY27 vs profit of Rs 1.1 Cr in Q2 FY26; includes exceptional loss of Rs 4.5 Cr on Fibcorp Polyweave stake sale. Revenue at Rs 35.7 Cr in Q2 FY27, +3.5% YoY. EBITDA at Rs 2.2 Cr, -8.6% YoY; Other Income fell to Rs 0.8 Cr vs Rs 1.7 Cr. EBITDA margin at 6.1% vs 6.9%. Engineering PBIT offset flexible packaging loss, with packaging at loss of Rs 1.4 Cr while engineering profit grew to Rs 1.5 Cr. Board approved 55% acquisition of Aerolex Cables for Rs 31.00 Cr to be completed within 60 days with further tranches planned. Fibcorp Polyweave ceased as subsidiary from 7 Sep 2026 on stake sale, consolidated results not strictly comparable.


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