Revenue rose 33.90%, but operating margin fell to 5.31%
Expenses grew 56.64% QoQ, while prior-quarter other income and a tax benefit did not repeat, sending net profit down 80.00%.
Filed 14 Aug 2026, 17:37 IST · after market close · AURUS (AURUS)
Key takeaways
- Standalone revenue rose +33.90% QoQ, but expenses grew +56.64%, cutting operating margin by 13.71 percentage points to 5.31%.
- Standalone net profit fell -80.00% QoQ to Rs 0.07 cr after the prior quarter’s Rs 0.04 cr other income and Rs 0.02 cr tax benefit did not repeat.
- EPS dropped -75.00% QoQ to Rs 0.03 as operating profit declined despite revenue growth.
Revenue growth was overtaken by operating costs
Standalone revenue increased +33.90% QoQ to Rs 2.37 cr, but expenses rose faster at +56.64% to Rs 2.24 cr. That cost mismatch reduced operating profit by -61.76% to Rs 0.13 cr, despite the higher revenue base.
Operating margin suffered its sharpest sequential decline
Operating margin narrowed by 13.71 percentage points to 5.31% from 19.02% in Q4FY26 because expenses grew faster than revenue. Profit quality also weakened sequentially: other income fell from Rs 0.04 cr to nil, while the prior quarter’s Rs 0.02 cr tax benefit did not recur; the current tax rate was 0.00%.
Profit momentum weakened after Q4FY26
Net profit declined -80.00% QoQ to Rs 0.07 cr and EPS fell -75.00% to Rs 0.03, marking a sharp reversal from Q4FY26. The results were filed after market close, so there is no post-results stock reaction to assess.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 | Q4FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹2 cr | ₹2 cr | +33.90% |
| Other income | ₹0 cr | ₹0 cr | -100.00% |
| Expenses | ₹2 cr | ₹1 cr | +56.64% |
| Operating profit | ₹0 cr | ₹0 cr | -61.76% |
| Operating margin (%) | 5.31% | 19.02% | — |
| Interest | ₹0 cr | ₹0 cr | — |
| Depreciation | ₹0 cr | ₹0 cr | +0.00% |
| Profit before tax | ₹0 cr | ₹0 cr | -78.79% |
| Tax | ₹0 cr | ₹-0 cr | — |
| Net profit | ₹0 cr | ₹0 cr | -80.00% |
| EPS (₹) | ₹0.03 | ₹0.12 | -75.00% |
What to watch
- Whether standalone operating margin recovers from 5.31% next quarter.
- Whether expense growth moderates from +56.64% against revenue growth of +33.90%.
- Whether EPS improves from Rs 0.03 without a repeat of the prior quarter’s Rs 0.04 cr other income.