Atlas Cycle reports Rs 1.92 cr standalone loss as expenses exceed revenue
Expenses were Rs 3.02 cr against Rs 1.54 cr of revenue, while depreciation added Rs 0.44 cr to the loss before tax.
Filed 12 Aug 2026, 11:15 IST · ATLASCYCLE (ATLASCYCLE)
Key takeaways
- On a standalone basis, revenue of Rs 1.54 cr fell short of expenses of Rs 3.02 cr, resulting in an operating loss of Rs 1.48 cr.
- Depreciation of Rs 0.44 cr widened the standalone loss before tax to Rs 1.92 cr, with no interest income or expense.
- The quarter ended with a standalone net loss of Rs 1.92 cr and EPS of Rs -2.95, without a tax benefit.
Revenue did not cover the cost base
Atlas Cycle reported standalone revenue of Rs 1.54 cr against expenses of Rs 3.02 cr, leaving an operating loss of Rs 1.48 cr. The resulting operating margin was -96.40%, showing that the reported revenue covered only part of the quarter's expense base.
Depreciation deepened the loss without a tax offset
Depreciation of Rs 0.44 cr took the loss from operations to a loss before tax of Rs 1.92 cr. Other income and interest were both Rs 0, and the absence of a tax benefit meant the loss before tax carried through to net profit.
The filing offers no comparison or market reaction yet
The reported standalone quarter has no year-on-year or sequential comparison in the available results, so the direction of revenue and margin cannot be assessed across quarters. The reported EPS was Rs -2.95, while the stock's post-results response is not covered at this stage.
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 | ₹2 cr |
| Other income | ₹0 cr |
| Expenses | ₹3 cr |
| Operating profit | ₹-1 cr |
| Operating margin (%) | -96.40% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹-2 cr |
| Tax | ₹0 cr |
| Net profit | ₹-2 cr |
| EPS (₹) | ₹-2.95 |
What to watch
- Whether revenue moves above Rs 1.54 cr while expenses remain below Rs 3.02 cr.
- Whether operating margin improves from -96.40%.
- Whether depreciation changes from Rs 0.44 cr and alters the gap between operating loss and loss before tax.