Q1FY27 · Consolidated

Ballarpur posts Rs 80.73 cr loss as interest weighs

Expenses exceeded revenue, while Rs 48.36 cr of interest widened the consolidated loss below the operating level.

By Ashutosh

Filed 10 Aug 2026, 18:57 IST · after market close · BALLARPUR (BALLARPUR)

Key takeaways

  • Ballarpur reported a consolidated operating loss of Rs 27.10 cr as expenses of Rs 111.57 cr exceeded revenue of Rs 84.47 cr.
  • Interest of Rs 48.36 cr pulled the consolidated loss before tax to Rs 80.73 cr despite depreciation of only Rs 2.06 cr.
  • Other income was negative at Rs 3.21 cr and the zero tax charge did not reduce the consolidated net loss of Rs 80.73 cr.

Revenue did not cover the cost base

Ballarpur's consolidated revenue of Rs 84.47 cr was insufficient to cover expenses of Rs 111.57 cr, resulting in an operating loss of Rs 27.10 cr. The operating margin was therefore negative at 32.08%, with no comparison available to establish a quarter-on-quarter or year-on-year direction.

Interest was the main drag below operations

Interest expense of Rs 48.36 cr was the largest charge below operating profit and pushed the loss before tax to Rs 80.73 cr. Depreciation added Rs 2.06 cr, while other income was negative at Rs 3.21 cr, so non-operating items did not offset the operating loss. The zero tax charge did not reduce the reported loss.

Results were filed after market close

The consolidated results were filed after market close on 10 August 2026.

Q1FY27 at a glance

Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ1FY27
Revenue₹84 cr
Other income₹-3 cr
Expenses₹112 cr
Operating profit₹-27 cr
Operating margin (%)-32.08%
Interest₹48 cr
Depreciation₹2 cr
Profit before tax₹-81 cr
Tax₹0 cr
Net profit₹-81 cr
EPS (₹)₹-14.64

What to watch

  • Whether revenue moves closer to or above the Rs 111.57 cr expense base.
  • Whether operating margin recovers from negative 32.08%.
  • Whether interest expense remains near the Rs 48.36 cr level.