Interest and depreciation leave FMNL with Rs 1.45 cr pre-tax profit
Operating profit was Rs 10.23 cr, but other income and a negative tax rate shaped the Rs 1.8 cr consolidated net profit.
Filed 13 Aug 2026, 18:19 IST · after market close · FMNL (FMNL)
Key takeaways
- FMNL's consolidated operating profit of Rs 10.23 cr was cut to Rs 1.45 cr before tax by Rs 3.89 cr interest and Rs 8.02 cr depreciation.
- The Rs 1.8 cr consolidated net profit was supported by Rs 3.12 cr of other income and a -24.68% tax rate.
- The filing reported consolidated EPS of Rs 0.31 and was made after market close on 13 Aug 2026.
Operating profit faced a steep below-line drag
Revenue of Rs 24.64 cr and expenses of Rs 14.41 cr resulted in a 41.53% operating margin. Interest of Rs 3.89 cr and depreciation of Rs 8.02 cr then reduced operating profit of Rs 10.23 cr to Rs 1.45 cr before tax.
Other income and tax materially shaped earnings
Other income of Rs 3.12 cr was larger than profit before tax of Rs 1.45 cr, showing that reported pre-tax earnings were not generated solely by operations. The -24.68% tax rate provided a tax benefit and lifted net profit to Rs 1.8 cr.
Results were filed after market close
FMNL filed these consolidated results at 18:19 IST on 13 Aug 2026, after the market closed. The filing reported basic EPS of Rs 0.31; there is no immediate 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 | ₹25 cr |
| Other income | ₹3 cr |
| Expenses | ₹14 cr |
| Operating profit | ₹10 cr |
| Operating margin (%) | 41.53% |
| Interest | ₹4 cr |
| Depreciation | ₹8 cr |
| Profit before tax | ₹1 cr |
| Tax | ₹-0 cr |
| Net profit | ₹2 cr |
| EPS (₹) | ₹0.31 |
What to watch
- Whether operating profit continues to absorb interest of Rs 3.89 cr and depreciation of Rs 8.02 cr.
- Whether other income remains material relative to profit before tax of Rs 1.45 cr.
- Whether the tax rate moves from -24.68% in the next reported quarter.