GKW posts 84.04% operating margin, but other income lifts earnings
Standalone Q1FY27 profit was supported by Rs 3.64 cr of other income, while the results were filed after market close.
Filed 03 Aug 2026, 15:59 IST · after market close · GKWLIMITED (GKWLIMITED)
Key takeaways
- Standalone operating profit reached Rs 12.50 cr on revenue of Rs 14.88 cr, implying an operating margin of 84.04%.
- Other income of Rs 3.64 cr was a meaningful contributor alongside profit before tax of Rs 13.12 cr, making earnings quality an important focus.
- Net profit was Rs 10.78 cr after a tax rate of 17.81%, with EPS at Rs 18.07.
Operating profit dominated the standalone quarter
GKWLIMITED's standalone Q1FY27 results show operating profit of Rs 12.50 cr on revenue of Rs 14.88 cr, translating to an 84.04% operating margin. Expenses were Rs 2.37 cr, which kept the reported operating conversion high. With no year-on-year or sequential comparison provided, the size of the quarter is clearer than its momentum.
Other income makes profit quality the key issue
Other income of Rs 3.64 cr was a meaningful contributor alongside profit before tax of Rs 13.12 cr, so net profit was not solely generated by operations. Interest of Rs 2.11 cr and depreciation of Rs 0.91 cr also sat below operating profit before tax. Tax was Rs 2.34 cr at a 17.81% rate, resulting in net profit of Rs 10.78 cr.
No market reaction or trend signal yet
The company filed these standalone results after market close, so there is no reported stock reaction to assess. No year-on-year, sequential, multi-quarter trend or peer comparison is available in the reported set.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹15 cr |
| Other income | ₹4 cr |
| Expenses | ₹2 cr |
| Operating profit | ₹13 cr |
| Operating margin (%) | 84.04% |
| Interest | ₹2 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹13 cr |
| Tax | ₹2 cr |
| Net profit | ₹11 cr |
| EPS (₹) | ₹18.07 |
What to watch
- Whether operating margin holds above 84.04% in the next reported quarter.
- Whether other income remains near Rs 3.64 cr or becomes a smaller part of profit before tax.
- Whether the tax rate stays close to 17.81%.