Interest and depreciation leave AWHCL with Rs 1.34 cr pre-tax profit
Other income of Rs 7.84 cr exceeded PBT, while a 43.94% tax rate reduced net profit to Rs 0.75 cr.
Filed 10 Aug 2026, 17:17 IST · after market close · AWHCL (AWHCL)
Key takeaways
- AWHCL's consolidated Q1FY27 operating profit of Rs 37.20 cr did not convert into much pre-tax profit: interest of Rs 21.43 cr and depreciation of Rs 22.28 cr left PBT at Rs 1.34 cr.
- Other income of Rs 7.84 cr exceeded PBT, making reported earnings quality an important issue this quarter.
- The 14.26% operating margin and 43.94% tax rate left consolidated net profit at Rs 0.75 cr, or EPS of Rs 0.27.
Operating profit was not enough to support the P&L
AWHCL reported consolidated revenue of Rs 260.99 cr and operating profit of Rs 37.20 cr in Q1FY27. Interest of Rs 21.43 cr and depreciation of Rs 22.28 cr sharply reduced the amount left for pre-tax profit, which was Rs 1.34 cr.
Other income was larger than reported pre-tax profit
Other income contributed Rs 7.84 cr, more than the reported PBT of Rs 1.34 cr. This means the quarter's operating profit did not translate cleanly into pre-tax earnings. The 43.94% tax rate further reduced net profit to Rs 0.75 cr.
Results were filed after market close
The consolidated results were filed at 17:17 IST on 10 Aug 2026, after market close. There is no market reaction to assess yet, and the quarter has no reported sequential or year-on-year comparison in this review.
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 | ₹261 cr |
| Other income | ₹8 cr |
| Expenses | ₹224 cr |
| Operating profit | ₹37 cr |
| Operating margin (%) | 14.26% |
| Interest | ₹21 cr |
| Depreciation | ₹22 cr |
| Profit before tax | ₹1 cr |
| Tax | ₹1 cr |
| Net profit | ₹1 cr |
| EPS (₹) | ₹0.27 |
What to watch
- Whether operating margin moves from 14.26% in the next reported quarter.
- Whether interest reduces from Rs 21.43 cr relative to operating profit.
- Whether PBT improves from Rs 1.34 cr without relying on other income of Rs 7.84 cr.