Best Agro's Q1 profit was led by operations, not other income
Consolidated operating margin was 19.62%, while Rs 15.04 cr of interest and a 25.7% tax rate shaped profit below operations.
Filed 30 Jul 2026, 19:10 IST · after market close · BESTAGRO (BESTAGRO)
Key takeaways
- Operating profit of Rs 77.73 cr was far larger than other income of Rs 1.8 cr, keeping Q1FY27 consolidated earnings mainly operational.
- The 19.62% operating margin provides the key base for assessing Best Agro's first quarter, with no sequential or year-on-year comparison disclosed.
- A 25.7% tax rate and Rs 15.04 cr interest expense shaped the conversion of operating profit into Rs 40.65 cr consolidated net profit.
Core operations anchored the quarter
Best Agro's consolidated earnings were operationally anchored: operating profit of Rs 77.73 cr was far larger than other income of Rs 1.8 cr. That makes the Rs 40.65 cr net profit less dependent on non-operating income. Revenue was Rs 396.2 cr, implying that the quarter's reported profitability came mainly from the business itself.
Interest and tax were the key deductions below operating profit
Interest expense of Rs 15.04 cr and depreciation of Rs 9.78 cr reduced the operating contribution before tax. Tax of Rs 14.06 cr represented a 25.7% tax rate, so the reported net profit also reflects the tax burden rather than a notably low-tax quarter. Expenses were Rs 318.47 cr against revenue of Rs 396.2 cr, supporting the 19.62% operating margin.
No comparison or market reaction is available yet
The supplied results do not include a sequential or year-on-year comparison, so the quarter's margin direction cannot be assessed across periods. Best Agro filed these consolidated results after market close on 30 July 2026, leaving no market reaction to assess in this update.
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 | ₹396 cr |
| Other income | ₹2 cr |
| Expenses | ₹318 cr |
| Operating profit | ₹78 cr |
| Operating margin (%) | 19.62% |
| Interest | ₹15 cr |
| Depreciation | ₹10 cr |
| Profit before tax | ₹55 cr |
| Tax | ₹14 cr |
| Net profit | ₹41 cr |
| EPS (₹) | ₹1.15 |
What to watch
- Whether operating margin holds above 19.62% in the next reported quarter.
- Whether interest expense remains below Rs 15.04 cr.
- Whether other income stays limited relative to Rs 54.71 cr of profit before tax.