Depreciation pushes ENIL into Rs 6.01 cr Q1 loss
Operating profit of Rs 9.02 cr was more than offset by Rs 21.59 cr of depreciation and Rs 3.34 cr of interest.
Filed 05 Aug 2026, 22:01 IST · after market close · ENIL (ENIL)
Key takeaways
- ENIL reported a consolidated net loss of Rs 6.01 cr in Q1FY27 despite operating profit of Rs 9.02 cr.
- Depreciation of Rs 21.59 cr and interest of Rs 3.34 cr more than absorbed operating profit, resulting in a pre-tax loss of Rs 7.48 cr.
- Other income of Rs 8.43 cr exceeded the operating profit contribution, making reported earnings reliant on non-operating income.
Operating profit could not cover fixed charges
ENIL's consolidated operating profit was Rs 9.02 cr, but depreciation of Rs 21.59 cr and interest of Rs 3.34 cr drove the company to a pre-tax loss of Rs 7.48 cr. The resulting net loss was Rs 6.01 cr, with EPS at negative Rs 1.26.
Other income was central to the quarter's earnings
Other income of Rs 8.43 cr was almost as large as operating profit, so the quarter's reported earnings included a substantial non-operating contribution. Even after this income, the company remained loss-making before tax, while the reported tax rate was 19.66%.
No sequential or year-on-year comparison was available
The quarter closed with an operating margin of 7.94%, but the available results do not provide a YoY or QoQ comparison. The results were filed after market close on 5 August 2026, so there was no market reaction to assess in this note.
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 | ₹114 cr |
| Other income | ₹8 cr |
| Expenses | ₹105 cr |
| Operating profit | ₹9 cr |
| Operating margin (%) | 7.94% |
| Interest | ₹3 cr |
| Depreciation | ₹22 cr |
| Profit before tax | ₹-7 cr |
| Tax | ₹-1 cr |
| Net profit | ₹-6 cr |
| EPS (₹) | ₹-1.26 |
What to watch
- Whether operating margin moves above or below 7.94%.
- Whether depreciation remains close to Rs 21.59 cr and continues to exceed operating profit.
- Whether other income remains near Rs 8.43 cr relative to operating profit.