Interest absorbed much of BMW Ventures' operating profit in Q1FY27
The standalone business reported a 3.4% operating margin, with Rs 5.85 cr of interest weighing on pre-tax profit.
Filed 29 Jul 2026, 16:57 IST · after market close · BMWVENTLTD (BMWVENTLTD)
Key takeaways
- BMW Ventures' standalone Q1FY27 operating profit of Rs 20.7 cr was reduced by Rs 5.85 cr of interest before reaching pre-tax profit.
- Revenue of Rs 608.9 cr generated an operating margin of 3.4%, leaving limited cushion above operating costs.
- Net profit was Rs 10.58 cr at a 25.25% tax rate, while other income contributed Rs 1.02 cr.
Interest was the main drag below operating profit
BMW Ventures' standalone operating profit was Rs 20.7 cr, but interest of Rs 5.85 cr absorbed a substantial part of that operating surplus before tax. Depreciation was Rs 1.72 cr, leaving profit before tax at Rs 14.15 cr.
Low-margin business with limited other-income support
Revenue of Rs 608.9 cr translated into a 3.4% operating margin, indicating that operating costs consumed most of the revenue base. Other income was Rs 1.02 cr against profit before tax of Rs 14.15 cr, so reported profit was primarily tied to operations and financing costs rather than non-operating income.
Results were filed after market close
The standalone results were filed at 16:57 IST on 29 July 2026, after market close. There is no post-result market reaction to assess in 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 | ₹609 cr |
| Other income | ₹1 cr |
| Expenses | ₹588 cr |
| Operating profit | ₹21 cr |
| Operating margin (%) | 3.40% |
| Interest | ₹6 cr |
| Depreciation | ₹2 cr |
| Profit before tax | ₹14 cr |
| Tax | ₹4 cr |
| Net profit | ₹11 cr |
| EPS (₹) | ₹1.22 |
What to watch
- Whether operating margin holds around 3.4%
- Whether interest remains below Rs 5.85 cr
- Whether other income stays close to Rs 1.02 cr