High tax and finance costs limited Fischer's Q1FY27 profit
Consolidated operating profit was Rs 11.25 cr, but Rs 3.54 cr interest and a 51.59% tax rate compressed net profit to Rs 3.79 cr.
Filed 14 Aug 2026, 20:31 IST · after market close · FISCHER (FISCHER)
Key takeaways
- Fischer's consolidated Q1FY27 net profit was Rs 3.79 cr, with EPS at Rs 0.06.
- Interest of Rs 3.54 cr and a 51.59% tax rate limited the conversion of operating profit into net profit.
- Other income of Rs 1.48 cr provided a non-operating contribution to reported profit.
Operating profit did not fully reach shareholders
Fischer reported consolidated Q1FY27 net profit of Rs 3.79 cr on revenue of Rs 81.92 cr. Operating profit was Rs 11.25 cr, but interest and depreciation of Rs 1.36 cr reduced profit before tax to Rs 7.83 cr. The result was filed after market close.
Tax rate was the clearest drag on earnings quality
Tax of Rs 4.04 cr represented a 51.59% tax rate, leaving less than half of profit before tax as net profit. Other income of Rs 1.48 cr also contributed to reported earnings, so the quarter's profit was not entirely generated by operations.
No comparable trend is available for this quarter
The reported figures do not include a year-on-year or sequential comparison, so the quarter cannot be placed against recent revenue or margin momentum. There is also no multi-quarter trend in the reported operating margin.
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 | ₹82 cr |
| Other income | ₹1 cr |
| Expenses | ₹71 cr |
| Operating profit | ₹11 cr |
| Operating margin (%) | 13.73% |
| Interest | ₹4 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹8 cr |
| Tax | ₹4 cr |
| Net profit | ₹4 cr |
| EPS (₹) | ₹0.06 |
What to watch
- Whether operating margin remains near 13.73%.
- Whether interest stays below Rs 3.54 cr.
- Whether the tax rate moves below 51.59%.