AIRAN's Q1 profit leaned heavily on other income
Other income of Rs 6.19 cr was larger than operating profit of Rs 3.44 cr, while the company filed its consolidated results after market close.
Filed 13 Aug 2026, 19:11 IST · after market close · AIRAN (AIRAN)
Key takeaways
- Other income of Rs 6.19 cr was a major contributor to consolidated profit before tax of Rs 8.38 cr, making earnings quality the central issue in Q1FY27.
- Operating profit of Rs 3.44 cr translated into a 12.95% operating margin, with depreciation of Rs 1.21 cr further separating operating performance from reported earnings.
- Consolidated net profit was Rs 6.70 cr and EPS was Rs 0.52 after a 20.10% tax rate.
Other income carried a large part of Q1 profit
The earnings bridge was heavily dependent on non-operating income: other income of Rs 6.19 cr was larger than operating profit of Rs 3.44 cr. That contribution lifted profit before tax to Rs 8.38 cr despite depreciation of Rs 1.21 cr and interest of Rs 0.04 cr. The 20.10% tax rate left reported net profit at Rs 6.70 cr.
Operating performance was constrained by the expense base
Expenses of Rs 23.11 cr absorbed most of revenue of Rs 26.55 cr, leaving an operating margin of 12.95%. Depreciation of Rs 1.21 cr was a meaningful charge below operating profit, while interest remained small at Rs 0.04 cr. The quarter therefore separates modest operating earnings from the stronger reported profit outcome.
Results were filed after market close
AIRAN filed its consolidated Q1FY27 results after market close on 13 Aug 2026. The next earnings read-through is whether profit is supported by operating profit rather than by other income of Rs 6.19 cr.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹27 cr |
| Other income | ₹6 cr |
| Expenses | ₹23 cr |
| Operating profit | ₹3 cr |
| Operating margin (%) | 12.95% |
| Interest | ₹0 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹8 cr |
| Tax | ₹2 cr |
| Net profit | ₹7 cr |
| EPS (₹) | ₹0.52 |
What to watch
- Whether operating profit moves from Rs 3.44 cr without a greater reliance on other income than Rs 6.19 cr.
- Whether operating margin improves from 12.95% as expenses are measured against revenue of Rs 26.55 cr.
- Whether EPS moves from Rs 0.52 while the tax rate remains around 20.10%.