Depreciation and tax credit shaped CCHHL's Q1FY27 profit
The consolidated result carried an 18.46% operating margin, but depreciation and non-operating income materially shaped the reported profit.
Filed 13 Aug 2026, 20:23 IST · after market close · CCHHL (CCHHL)
Key takeaways
- CCHHL reported consolidated net profit of Rs 0.42 cr, helped by a Rs 0.07 cr tax credit despite profit before tax of Rs 0.35 cr.
- Depreciation of Rs 2.99 cr exceeded operating profit of Rs 2.84 cr, leaving limited profit before tax despite an 18.46% operating margin.
- Other income of Rs 0.50 cr exceeded profit before tax of Rs 0.35 cr, making reported earnings heavily dependent on non-operating income.
Operating profit did not translate into much pre-tax earnings
CCHHL reported consolidated revenue of Rs 15.36 cr and operating profit of Rs 2.84 cr in Q1FY27. Depreciation of Rs 2.99 cr more than absorbed operating profit, leaving profit before tax at Rs 0.35 cr. Interest expense was nil.
Other income and a tax credit lifted reported profit
Other income of Rs 0.50 cr was larger than profit before tax of Rs 0.35 cr, so earnings quality was weighted towards non-operating income. The negative tax charge of Rs 0.07 cr indicates a tax credit, which lifted net profit to Rs 0.42 cr and produced a tax rate of -19.01%.
No sequential or yearly comparison is available yet
The quarter's operating margin was 18.46%, but there is no reported year-on-year or sequential comparison in this release. No multi-quarter margin direction can therefore be established from the reported trend.
Results were filed after market close
The consolidated results were filed after market close on 13 August 2026. No market reaction is covered here because the filing was too fresh for a reported response.
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 | ₹15 cr |
| Other income | ₹1 cr |
| Expenses | ₹13 cr |
| Operating profit | ₹3 cr |
| Operating margin (%) | 18.46% |
| Interest | ₹0 cr |
| Depreciation | ₹3 cr |
| Profit before tax | ₹0 cr |
| Tax | ₹-0 cr |
| Net profit | ₹0 cr |
| EPS (₹) | ₹0.03 |
What to watch
- Whether operating margin holds around 18.46% in the next reported quarter.
- Whether depreciation remains above operating profit of Rs 2.84 cr.
- Whether other income remains below profit before tax of Rs 0.35 cr.