Tax charge turned standalone operating profit into a Rs 0.47 cr loss
Interest reduced profit before tax to Rs 0.36 cr, while the tax charge was Rs 0.83 cr.
Filed 31 Jul 2026, 14:24 IST · BLAL (BLAL)
Key takeaways
- Standalone operating profit of Rs 0.66 cr turned into a net loss of Rs 0.47 cr after tax of Rs 0.83 cr.
- Interest of Rs 0.28 cr reduced operating profit of Rs 0.66 cr to profit before tax of Rs 0.36 cr.
- The reported standalone tax rate was 230.04%, leaving EPS at negative Rs 0.11.
Operating profit did not reach shareholders
BLAL reported standalone operating profit of Rs 0.66 cr on revenue of Rs 0.98 cr, but the quarter ended with a net loss of Rs 0.47 cr. The loss reflects the gap between operating earnings and the combined interest and tax charges.
Interest and tax drove the earnings reversal
Interest of Rs 0.28 cr brought profit before tax down to Rs 0.36 cr from operating profit of Rs 0.66 cr. The Rs 0.83 cr tax charge was more than twice profit before tax, producing a reported tax rate of 230.04% and negative EPS of Rs 0.11.
No sequential or yearly benchmark is available
The filing provides no year-on-year or quarter-on-quarter comparison, so the direction of revenue, costs and operating margin cannot be assessed from this release.
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 | ₹1 cr |
| Other income | ₹0 cr |
| Expenses | ₹0 cr |
| Operating profit | ₹1 cr |
| Operating margin (%) | 67.11% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹0 cr |
| Tax | ₹1 cr |
| Net profit | ₹-0 cr |
| EPS (₹) | ₹-0.11 |
What to watch
- Whether standalone operating margin remains near 67.11%.
- Whether interest stays below the reported Rs 0.28 cr.
- Whether the tax rate moves down from 230.04%.