Other income, not operations, drove ELGIRUBCO's Rs 40.85 cr profit
Operating profit was Rs 2.61 cr on Rs 70.09 cr revenue, while Rs 53.14 cr of other income lifted profit before tax to Rs 44.49 cr.
Filed 12 Aug 2026, 15:58 IST · after market close · ELGIRUBCO (ELGIRUBCO)
Key takeaways
- Consolidated operating profit was only Rs 2.61 cr, leaving the operating margin at 3.73%.
- Other income of Rs 53.14 cr exceeded operating profit and accounted for the bulk of the Rs 44.49 cr profit before tax.
- Net profit of Rs 40.85 cr was also helped by an 8.19% tax rate despite interest expense of Rs 7.8 cr.
Operating earnings remained thin in Q1FY27
ELGIRUBCO reported consolidated revenue of Rs 70.09 cr and operating profit of Rs 2.61 cr, implying only a 3.73% operating margin. The reported profit therefore did not come from the core operating business.
Other income dominated the profit profile
Other income of Rs 53.14 cr was larger than operating profit and was the main reason profit before tax reached Rs 44.49 cr. Interest expense of Rs 7.8 cr and depreciation of Rs 3.46 cr further reduced the contribution from operations. The 8.19% tax rate also allowed most of the pre-tax profit to flow through to net profit of Rs 40.85 cr.
No comparison or market reaction is available yet
The company filed these consolidated results after market close on 12 Aug 2026, so there is no reported market reaction to assess. There are also no year-on-year, sequential, or multi-quarter comparisons in the reported set.
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 | ₹70 cr |
| Other income | ₹53 cr |
| Expenses | ₹67 cr |
| Operating profit | ₹3 cr |
| Operating margin (%) | 3.73% |
| Interest | ₹8 cr |
| Depreciation | ₹3 cr |
| Profit before tax | ₹44 cr |
| Tax | ₹4 cr |
| Net profit | ₹41 cr |
| EPS (₹) | ₹8.16 |
What to watch
- Whether operating margin moves above the reported 3.73%.
- Whether other income remains near Rs 53.14 cr or falls back toward operating profit.
- Whether interest expense remains around Rs 7.8 cr.