Other income drove much of Ashiana Housing's Q1 pre-tax profit
Operating margin trailed the sector median by 5.90 percentage points; the consolidated results were filed after market close.
Filed 11 Aug 2026, 18:38 IST · after market close · Ashiana Housing Ltd (ASHIANA)
Key takeaways
- Other income of Rs 12.31 cr made a substantial contribution to consolidated profit before tax of Rs 16.31 cr in Q1FY27.
- Ashiana Housing's 7.03% operating margin was 5.90 percentage points below the 12.93% median for 145 reported Consumer Discretionary peers.
- The operating business generated Rs 7.55 cr of profit against Rs 107.44 cr of revenue, while expenses were Rs 99.89 cr.
Price around the results
Q1 profit leaned on non-operating income
The gap between operating profit of Rs 7.55 cr and profit before tax of Rs 16.31 cr reflects the material contribution from Rs 12.31 cr of other income. Interest expense was only Rs 0.27 cr, so financing costs were not the main factor separating operating profit from pre-tax profit.
7.03% margin trails the reported peer median
Expenses of Rs 99.89 cr consumed most of the Rs 107.44 cr revenue, leaving an operating margin of 7.03%. That was 5.90 percentage points below the 12.93% median across 145 Consumer Discretionary peers that had reported, placing Ashiana Housing 28th from the bottom.
After-close filing leaves the market reaction pending
Ashiana Housing filed its consolidated Q1FY27 results after market close on 11 August 2026. The stock's post-result move is therefore not yet part of this read.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹107 cr |
| Other income | ₹12 cr |
| Expenses | ₹100 cr |
| Operating profit | ₹8 cr |
| Operating margin (%) | 7.03% |
| Interest | ₹0 cr |
| Depreciation | ₹3 cr |
| Profit before tax | ₹16 cr |
| Tax | ₹3 cr |
| Net profit | ₹13 cr |
| EPS (₹) | ₹1.36 |
Operating margin of 7.03% compares with a Consumer Discretionary sector median of 12.93% across 145 peers that have reported Q1FY27.
What to watch
- Whether operating margin improves from 7.03% without a larger contribution from other income than Rs 12.31 cr.
- Whether operating profit rises from Rs 7.55 cr while expenses remain controlled relative to Rs 107.44 cr of revenue.
- Whether the 5.90 percentage-point gap to the 12.93% peer median narrows.