Karnataka-based contract manufacturer Aequs Ltd on Monday reported a 33% year-on-year rise in consolidated revenue from operations to Rs 1,230 crore in FY26, driven by strong growth in its aerospace business and the scale-up of its consumer segment.The company reported a net loss of Rs 113.3 crore for FY26, compared with a loss of Rs 102.4 crore a year earlier.For the March quarter, revenue from operations rose 47% year-on-year to Rs 367 crore, aided by growth in the aerospace business. The company posted a net loss of Rs 54.1 crore for the quarter.“FY26 has been a landmark year for Aequs defined by strong execution, meaningful business expansion and our IPO,” said Aravind Melligeri, executive chairman and chief executive officer, Aequs.He added that the company’s quality standards and delivery reliability continued to support long-term relationships with original equipment manufacturers.The Belagavi-based company went public in December 2025, raising Rs 921.81 crore. The stock listed at a 13% premium to its issue price of Rs 124.On Tuesday, the stock closed 2.13% lower at Rs 211.60 on the BSE. The company announced its earnings after market hours.In its filings, the company said profitability was impacted during the quarter as its consumer electronics business began commercial operations, resulting in higher operating costs while capacity utilisation remained low.Aequs’ aerospace business remained its largest growth driver, with segment revenue rising 27% year-on-year to Rs 1,046.4 crore in FY26. Its aerospace order book stood at $889 million.The company added 433 new aerospace parts during the March quarter, taking its total portfolio to 5,654 stock keeping units (SKUs).Aequs is a tier-1 supplier to global aerospace original equipment manufacturers and system integrators including Airbus, Boeing, Safran and Collins Aerospace.In its consumer business, the company works with toy makers Hasbro and Spin Master. It also has partnerships with cookware and houseware brands including Brazil’s Tramontina and Wonderchef.The consumer business grew 84% year-on-year during FY26 as the company expanded manufacturing programmes across electronics, plastics and durables. The segment contributed 17% of overall revenue in the fourth quarter, Aequs said.During the year, the company signed investment memorandums with the Karnataka and Tamil Nadu governments worth Rs 285.6 crore and Rs 190 crore, respectively, to expand its aerospace and consumer manufacturing operations.