Q1FY27 · Consolidated

GKSL margin falls to 24.43% in Q1FY27

Operating profitability was below the preceding trend point, while other income did not dominate the Rs 6.96 cr pre-tax profit.

By Ashutosh

Filed 14 Aug 2026, 17:29 IST · after market close · GKSL (GKSL)

Key takeaways

  • Consolidated operating margin was 24.43%, well below the 39.63% recorded in Q2FY26.
  • Consolidated net profit was Rs 5.32 cr on revenue of Rs 34.29 cr, with other income at Rs 0.69 cr.
  • The results were filed after market close, with consolidated EPS at Rs 0.66.

Operating margin drops from the preceding trend point

GKSL reported consolidated operating profit of Rs 8.38 cr on revenue of Rs 34.29 cr, translating into a 24.43% operating margin. That margin was materially below the 39.63% recorded in Q2FY26, pointing to weaker operating conversion in the latest quarter. The available trend has only one preceding quarter, so this is a sequential read rather than a multi-quarter direction.

Other income was not the main profit driver

Other income contributed Rs 0.69 cr against consolidated pre-tax profit of Rs 6.96 cr, so reported earnings were not dominated by non-operating income. Interest of Rs 0.66 cr and depreciation of Rs 1.44 cr were additional deductions below operating profit. The reported tax rate was 23.59%, with net profit at Rs 5.32 cr.

No immediate market reaction after the filing

The consolidated results were filed at 17:29 IST on 14 August 2026, after market close. With the release coming after the close, there is no post-results stock 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 itemQ1FY27
Revenue₹34 cr
Other income₹1 cr
Expenses₹26 cr
Operating profit₹8 cr
Operating margin (%)24.43%
Interest₹1 cr
Depreciation₹1 cr
Profit before tax₹7 cr
Tax₹2 cr
Net profit₹5 cr
EPS (₹)₹0.66

What to watch

  • Whether operating margin moves back toward the 39.63% recorded in Q2FY26.
  • Whether operating profit remains above Rs 8.38 cr as revenue changes from Rs 34.29 cr.
  • Whether other income stays around Rs 0.69 cr without becoming a larger contributor to pre-tax profit.

Figures are as filed by the company with the NSE and are reproduced automatically. Educational market commentary only — not investment advice and not a recommendation to buy or sell any security. Results filed 14 Aug '26.