Goyal Aluminium's 3.1% margin leaves profit reliant on other income
Other income contributed Rs 0.51 cr to pre-tax profit, while a 0.0% tax rate allowed net profit to match PBT.
Filed 14 Aug 2026, 16:54 IST · after market close · GOYALALUM (GOYALALUM)
Key takeaways
- Consolidated revenue of Rs 19.5 cr left only Rs 0.61 cr of operating profit, implying a 3.1% operating margin.
- Other income of Rs 0.51 cr was a material contributor to the Rs 0.92 cr profit before tax.
- Net profit was Rs 0.92 cr because the reported tax rate was 0.0%.
Thin operating surplus in Q1FY27
The consolidated results show expenses of Rs 18.89 cr against revenue of Rs 19.5 cr, leaving an operating profit of only Rs 0.61 cr. That cost structure limited operating margin to 3.1%, before interest and depreciation.
Reported profit has two quality supports
Other income of Rs 0.51 cr was a material part of the Rs 0.92 cr profit before tax, so the reported profit was not generated solely by operations. Net profit also matched pre-tax profit because the tax rate was 0.0%.
Results filed after market close
The consolidated results were filed after market close on 14 August 2026. There is no post-results market reaction to assess yet, and no quarter-on-quarter or year-on-year comparison is provided.
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 | ₹20 cr |
| Other income | ₹1 cr |
| Expenses | ₹19 cr |
| Operating profit | ₹1 cr |
| Operating margin (%) | 3.10% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹1 cr |
| Tax | ₹0 cr |
| Net profit | ₹1 cr |
| EPS (₹) | ₹0.06 |
What to watch
- Whether operating margin moves up from 3.1% next quarter.
- Whether other income remains around Rs 0.51 cr or becomes less significant to pre-tax profit.
- Whether the reported tax rate remains at 0.0%.