Depreciation and interest cut HITECHGEAR's profit to Rs 4.76 cr
The consolidated quarter produced Rs 26.34 cr of operating profit, but Rs 17.33 cr of depreciation and Rs 3.88 cr of interest materially reduced profit before tax.
Filed 06 Aug 2026, 19:11 IST · after market close · HITECHGEAR (HITECHGEAR)
Key takeaways
- Consolidated operating profit of Rs 26.34 cr narrowed to profit before tax of Rs 6.39 cr after Rs 17.33 cr of depreciation and Rs 3.88 cr of interest.
- Net profit was Rs 4.76 cr, with the 25.49% tax rate reducing profit after a low pre-tax outcome.
- Operating margin was 11.08%, while other income contributed Rs 1.25 cr to the quarter's result.
Operating profit did not translate into much pre-tax profit
HITECHGEAR reported consolidated operating profit of Rs 26.34 cr on revenue of Rs 237.69 cr. Depreciation of Rs 17.33 cr and interest of Rs 3.88 cr reduced this to profit before tax of Rs 6.39 cr. Net profit was Rs 4.76 cr, with EPS at Rs 2.53.
The quarter's margin and profit quality
Operating margin was 11.08%, but there is no sequential or year-on-year driver data to attribute a change in margin to revenue or expense growth. Other income was Rs 1.25 cr, so the reported result also included a non-operating contribution. The 25.49% tax rate further reduced the pre-tax profit reaching shareholders.
Results were filed after market close
The consolidated results for Q1FY27 were filed after market close on 06 Aug 2026. No market reaction is covered here, so the immediate stock response cannot yet be assessed against the company's history after results.
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 | ₹238 cr |
| Other income | ₹1 cr |
| Expenses | ₹211 cr |
| Operating profit | ₹26 cr |
| Operating margin (%) | 11.08% |
| Interest | ₹4 cr |
| Depreciation | ₹17 cr |
| Profit before tax | ₹6 cr |
| Tax | ₹2 cr |
| Net profit | ₹5 cr |
| EPS (₹) | ₹2.53 |
What to watch
- Whether operating margin holds at 11.08% in the next reported quarter.
- Whether depreciation remains close to Rs 17.33 cr and continues to absorb much of operating profit.
- Whether profit before tax converts more fully from operating profit of Rs 26.34 cr.