ARFIN posts Rs 4.07 cr consolidated profit as interest weighs on earnings
Operating profit of Rs 10.15 cr narrowed to Rs 4.64 cr before tax after interest and depreciation charges.
Filed 11 Aug 2026, 13:20 IST · ARFIN (ARFIN)
Key takeaways
- ARFIN reported consolidated net profit of Rs 4.07 cr in Q1FY27, with EPS of Rs 0.24.
- Interest of Rs 4.50 cr absorbed a substantial part of the Rs 10.15 cr operating profit.
- Other income was limited to Rs 0.19 cr, so reported profit was largely generated by operations rather than non-operating income.
Operating profit converts weakly into pre-tax earnings
ARFIN generated consolidated operating profit of Rs 10.15 cr on revenue of Rs 212.77 cr, but profit before tax was Rs 4.64 cr. Interest of Rs 4.50 cr and depreciation of Rs 1.20 cr explain most of the gap between operating profit and pre-tax earnings. The quarter produced net profit of Rs 4.07 cr after Rs 0.56 cr of tax.
Profit quality was not dependent on other income
Other income was Rs 0.19 cr against profit before tax of Rs 4.64 cr, indicating that non-operating income was not the main source of reported earnings. The tax rate was 12.17%, while the principal pressure on earnings came before tax from financing and depreciation charges.
No sequential or year-on-year trend is available
The reported operating margin was 4.77%, leaving limited operating profit relative to revenue. With no quarter-on-quarter or year-on-year comparison in the reported set, the next results will be needed to establish whether this margin level is improving or declining.
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 | ₹213 cr |
| Other income | ₹0 cr |
| Expenses | ₹203 cr |
| Operating profit | ₹10 cr |
| Operating margin (%) | 4.77% |
| Interest | ₹5 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹5 cr |
| Tax | ₹1 cr |
| Net profit | ₹4 cr |
| EPS (₹) | ₹0.24 |
What to watch
- Whether operating margin moves above or below 4.77%.
- Whether interest remains close to the Rs 4.50 cr reported in Q1FY27.
- Whether other income remains limited relative to the Rs 4.64 cr pre-tax profit.