India, Sept. 27 -- After months of delays, listed drone tech company DroneAcharya has finally disclosed its financial performance for the second half of the fiscal year FY25 (H2 FY25). The company swung to the red in the half, reporting a net loss of INR 15.1 Cr as against a profit of INR 2.2 Cr in the year-ago period.

In the first half of the fiscal, it had reported a net profit of INR 1.6 Cr. A drastic drop in its top line was the primary reason behind the heavy loss in the half. In H2, its operating revenue shrunk 47% to INR 7.6 Cr from INR 14.3 Cr in H2 FY24. The gap was wider on a sequential basis, with its top line plummeting 72% from INR 26.9 Cr clocked in H1 FY25.

Including other income of INR 1.4 Cr, total income for H2 stood a...