Q1FY27 · Standalone

Interest and other income reshaped Cords Cable’s Q1FY27 profit

The standalone quarter produced a 6.10% operating margin, with Rs 6.54 cr of interest limiting the conversion of operating profit into pre-tax earnings.

By Ashutosh

Filed 13 Aug 2026, 14:22 IST · CORDSCABLE (CORDSCABLE)

Key takeaways

  • Operating profit of Rs 15.08 cr left Cords Cable with a 6.10% operating margin in Q1FY27.
  • Interest of Rs 6.54 cr reduced operating profit to Rs 10.55 cr of pre-tax profit after depreciation and other income.
  • Other income of Rs 4.09 cr was material to reported profit before tax, while the tax rate stood at 26.07%.

A thin operating spread in the standalone quarter

Revenue of Rs 247.2 cr converted into Rs 15.08 cr of operating profit, leaving limited room after operating costs. The result was Rs 7.8 cr of net profit, or EPS of Rs 6.01, after interest, depreciation and tax.

Interest absorbed much of the operating profit

Interest expense of Rs 6.54 cr was a significant charge against operating profit, while depreciation added another Rs 2.08 cr. Other income of Rs 4.09 cr partly offset those charges, making the Rs 10.55 cr pre-tax profit less purely operational than the operating-profit line suggests.

No comparison or market reaction is available for this filing

The reported quarter has no year-on-year or sequential comparison in the available results, so there is no basis here to assess momentum or a multi-quarter margin direction. There is also no post-results market reaction to place against the stock’s historical response.

Q1FY27 at a glance

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

Line itemQ1FY27
Revenue₹247 cr
Other income₹4 cr
Expenses₹232 cr
Operating profit₹15 cr
Operating margin (%)6.10%
Interest₹7 cr
Depreciation₹2 cr
Profit before tax₹11 cr
Tax₹3 cr
Net profit₹8 cr
EPS (₹)₹6.01

What to watch

  • Whether operating margin holds around 6.10% in the next reported quarter.
  • Whether interest expense remains near or below Rs 6.54 cr.
  • Whether other income remains material relative to the Rs 10.55 cr profit before tax.