CSM reports Rs 8.28 cr consolidated loss as expenses exceed revenue
The operating loss widened the gap below revenue, while a Rs 2.47 cr tax benefit softened the reported net loss.
Filed 14 Aug 2026, 17:47 IST · after market close · CSM (CSM)
Key takeaways
- CSM reported a consolidated operating loss of Rs 7.62 cr as expenses of Rs 50.32 cr exceeded revenue of Rs 42.70 cr.
- A reported tax benefit of Rs 2.47 cr reduced the consolidated net loss to Rs 8.28 cr.
- Operating margin was -17.84%, with EPS at Rs -2.14 for Q1FY27.
Expenses pushed CSM into an operating loss
Consolidated expenses of Rs 50.32 cr were higher than revenue of Rs 42.70 cr, resulting in an operating loss of Rs 7.62 cr. The mismatch left operating margin at -17.84%.
Tax benefit reduced the reported loss
Interest of Rs 2.24 cr and depreciation of Rs 1.44 cr added to the operating loss, taking profit before tax to Rs -10.75 cr. Other income of Rs 0.54 cr did not offset these charges, while the Rs 2.47 cr tax benefit reduced the net loss to Rs 8.28 cr.
Results were filed after market close
CSM's consolidated Q1FY27 results were filed after market close on 14 August 2026. With no market reaction yet, the key read-through is the extent to which the company can narrow the gap between revenue and expenses.
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 | ₹43 cr |
| Other income | ₹1 cr |
| Expenses | ₹50 cr |
| Operating profit | ₹-8 cr |
| Operating margin (%) | -17.84% |
| Interest | ₹2 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹-11 cr |
| Tax | ₹-2 cr |
| Net profit | ₹-8 cr |
| EPS (₹) | ₹-2.14 |
What to watch
- Whether revenue moves above the Rs 50.32 cr expense base.
- Whether operating margin improves from -17.84%.
- Whether the Rs 2.47 cr tax benefit recurs.