Interest burden pushed ACL to a Rs 35.93 cr standalone loss
Operating profit of Rs 3.74 cr covered only a fraction of Rs 31.94 cr interest, while a Rs 11.84 cr tax benefit softened the loss.
Filed 27 Jul 2026, 13:55 IST · ACL (ACL)
Key takeaways
- ACL's standalone operating profit of Rs 3.74 was too thin to absorb Rs 31.94 of interest and Rs 20.76 of depreciation, leaving a pre-tax loss of Rs 47.77.
- The Rs 11.84 tax credit reduced the reported standalone net loss to Rs 35.93, so the loss was partly softened below the pre-tax line.
- Operating margin of 2.63% left little buffer against financing costs, while other income of Rs 1.19 had no material bearing on the result.
Operating profit offered little protection
ACL generated standalone operating profit of Rs 3.74 on revenue of Rs 142.17, implying only a 2.63% operating margin. That limited operating surplus was not enough to absorb the company's financing and depreciation charges. Other income of Rs 1.19 was too small to change the operating picture.
Interest and depreciation drove the pre-tax loss
Interest of Rs 31.94 was the largest pressure below operating profit, while depreciation added another Rs 20.76 of cost. Together, they pushed the company from a modest operating profit to a pre-tax loss of Rs 47.77. The Rs 11.84 tax credit reduced the reported net loss to Rs 35.93, making the loss smaller after tax than before tax.
No comparison or market reaction to frame the quarter
The available quarter does not include a year-on-year or sequential comparison, so the result cannot be placed against recent growth or margin direction. There is also no post-results market reaction to assess. The key reading from this standalone quarter is the gap between positive operating profit and the much larger below-operating-line charges.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹142 cr |
| Other income | ₹1 cr |
| Expenses | ₹138 cr |
| Operating profit | ₹4 cr |
| Operating margin (%) | 2.63% |
| Interest | ₹32 cr |
| Depreciation | ₹21 cr |
| Profit before tax | ₹-48 cr |
| Tax | ₹-12 cr |
| Net profit | ₹-36 cr |
| EPS (₹) | ₹-3.90 |
What to watch
- Whether operating margin moves above or below 2.63%.
- Whether interest remains near Rs 31.94.
- Whether depreciation stays near Rs 20.76.