GICL's 4.95% margin leaves profit partly reliant on other income
Standalone Q4FY26 net profit was Rs 2.39 cr, while Rs 1.53 cr of other income supported profit before tax of Rs 3.48 cr.
Filed 24 Aug 2026, 17:41 IST · after market close · GICL (GICL)
Key takeaways
- GICL generated Rs 2.66 cr of operating profit on Rs 53.75 cr revenue, leaving operating margin at 4.95%.
- Other income of Rs 1.53 cr was material against Rs 3.48 cr profit before tax, so earnings were partly non-operating.
- Interest of Rs 0.62 cr and tax of Rs 1.09 cr reduced operating profit to Rs 2.39 cr of standalone net profit.
Operating profit stayed modest against revenue
GICL generated Rs 2.66 cr of operating profit on Rs 53.75 cr revenue, resulting in a 4.95% operating margin. The quarter's operating earnings were reduced by Rs 0.62 cr of interest and Rs 0.10 cr of depreciation before tax.
Other income was a material part of pre-tax profit
Other income of Rs 1.53 cr was material relative to the Rs 3.48 cr profit before tax, so the reported profit was not solely operating-driven. Tax of Rs 1.09 cr represented a 31.31% tax rate, leaving standalone net profit at Rs 2.39 cr.
Results were filed after market close
The standalone results were filed after market close on 24 Aug 2026. With no market reaction yet, the next reported quarter will show whether the 4.95% operating margin and Rs 1.53 cr other-income contribution are sustained.
Q4FY26 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q4FY26 |
|---|---|
| Revenue | ₹54 cr |
| Other income | ₹2 cr |
| Expenses | ₹51 cr |
| Operating profit | ₹3 cr |
| Operating margin (%) | 4.95% |
| Interest | ₹1 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹3 cr |
| Tax | ₹1 cr |
| Net profit | ₹2 cr |
| EPS (₹) | ₹0.44 |
What to watch
- Whether operating margin moves above or below 4.95%.
- Whether other income remains close to Rs 1.53 cr.
- Whether interest stays near Rs 0.62 cr and tax near Rs 1.09 cr.