ASHOKAMET posts profit despite operating loss as other income dominates
Other income exceeded profit before tax, while expenses remained above revenue and the 4.4% tax rate limited the tax drag.
Filed 12 Aug 2026, 19:36 IST · after market close · ASHOKAMET (ASHOKAMET)
Key takeaways
- ASHOKAMET reported consolidated net profit of Rs 3.23 cr in Q1FY27 despite an operating loss of Rs -0.74 cr.
- Other income of Rs 4.63 cr exceeded profit before tax of Rs 3.38 cr, making reported earnings dependent on non-operating income.
- Expenses of Rs 4.81 cr exceeded revenue of Rs 4.07 cr, resulting in a consolidated operating margin of -18.06%.
Operating loss sits beneath reported profit
ASHOKAMET reported consolidated net profit of Rs 3.23 cr even as operating profit was negative at Rs -0.74 cr. Expenses of Rs 4.81 cr were higher than revenue of Rs 4.07 cr, producing an operating margin of -18.06%. Interest and depreciation added Rs 0.33 cr and Rs 0.18 cr respectively below operating profit.
Other income carried the quarter
Other income was Rs 4.63 cr, higher than the Rs 3.38 cr profit before tax. This means the reported profit was not generated by the operating business alone. The 4.4% tax rate also kept the tax charge limited to Rs 0.15 cr.
Results were filed after market close
The consolidated results were filed on 12 Aug 2026 at 19:36 IST, after market close. There is no post-results market reaction to assess yet.
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 | ₹4 cr |
| Other income | ₹5 cr |
| Expenses | ₹5 cr |
| Operating profit | ₹-1 cr |
| Operating margin (%) | -18.06% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹3 cr |
| Tax | ₹0 cr |
| Net profit | ₹3 cr |
| EPS (₹) | ₹1.29 |
What to watch
- Whether operating profit moves above the Rs -0.74 cr reported in Q1FY27.
- Whether expenses fall below revenue of Rs 4.07 cr.
- Whether other income remains near Rs 4.63 cr and continues to support reported profit.