Q1FY27 · Consolidated

CIFL posts Rs 9.63 cr consolidated net loss in Q1FY27

Operating profit of Rs 23.89 cr was more than absorbed by Rs 25.34 cr of interest and Rs 7.79 cr of depreciation.

By Ashutosh

Filed 14 Aug 2026, 18:25 IST · after market close · CIFL (CIFL)

Key takeaways

  • CIFL reported a consolidated net loss of Rs 9.63 cr in Q1FY27 despite operating profit of Rs 23.89 cr.
  • Interest expense of Rs 25.34 cr exceeded operating profit, while depreciation of Rs 7.79 cr pushed profit before tax to a loss of Rs 8.44 cr.
  • A tax expense of Rs 1.19 cr on the pre-tax loss resulted in a tax rate of -14.04% and further reduced reported profit.

Operating profit did not cover financing and depreciation

CIFL generated consolidated revenue of Rs 127.74 cr and operating profit of Rs 23.89 cr, implying an operating margin of 18.70%. The operating profit was outweighed by interest expense of Rs 25.34 cr and depreciation of Rs 7.79 cr, leaving profit before tax at a loss of Rs 8.44 cr. Other income of Rs 0.79 cr was too small to change the result.

Tax expense deepened the reported loss

The company recorded tax expense of Rs 1.19 cr despite a pre-tax loss of Rs 8.44 cr. This produced a tax rate of -14.04% and took net profit to a loss of Rs 9.63 cr, with EPS at negative Rs 0.08. The quarter was filed after market close, so the stock response is not yet part of the results read-through.

No comparative or multi-quarter direction is available in this release

The quarter's main signal is the gap between positive operating profit and the loss after interest and depreciation. With no year-on-year or sequential comparison provided, the next reported period will show whether the 18.70% operating margin and the Rs 25.34 cr interest burden are moving.

Q1FY27 at a glance

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

Line itemQ1FY27
Revenue₹128 cr
Other income₹1 cr
Expenses₹104 cr
Operating profit₹24 cr
Operating margin (%)18.70%
Interest₹25 cr
Depreciation₹8 cr
Profit before tax₹-8 cr
Tax₹1 cr
Net profit₹-10 cr
EPS (₹)₹-0.08

What to watch

  • Whether operating margin holds above 18.70% in the next reported quarter.
  • Whether interest expense remains below or above operating profit of Rs 23.89 cr.
  • Whether the tax rate moves away from -14.04% as profit before tax changes.

Figures are as filed by the company with the NSE and are reproduced automatically. Educational market commentary only — not investment advice and not a recommendation to buy or sell any security. Results filed 14 Aug '26.