HPAL’s Q1FY27 revenue did not cover consolidated expenses
Other income of Rs 1.06 cr did not offset interest and depreciation charges, leaving a Rs -0.91 cr consolidated net loss.
Filed 13 Aug 2026, 19:16 IST · after market close · HPAL (HPAL)
Key takeaways
- Consolidated operating profit was Rs -0.34 cr, leaving operating margin at -0.53%.
- Interest of Rs 0.81 cr and depreciation of Rs 1.27 cr kept profit before tax at Rs -1.35 cr despite Rs 1.06 cr of other income.
- Net profit was Rs -0.91 cr despite a Rs 0.45 cr tax credit, with EPS at Rs -0.10.
Revenue fell short of the cost base
Consolidated revenue did not cover expenses in Q1FY27, resulting in an operating loss of Rs -0.34 cr and an operating margin of -0.53%. The loss was therefore visible at the operating level, before financing and depreciation charges.
Non-operating income did not prevent a net loss
Other income contributed Rs 1.06 cr, but interest of Rs 0.81 cr and depreciation of Rs 1.27 cr kept profit before tax at Rs -1.35 cr. A Rs 0.45 cr tax credit reduced the loss, but net profit still stood at Rs -0.91 cr.
Results were filed after market close
HPAL filed the consolidated results on 13 Aug 2026 at 19:16 IST, after market close. The immediate stock-market response is therefore not covered here.
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 | ₹63 cr |
| Other income | ₹1 cr |
| Expenses | ₹64 cr |
| Operating profit | ₹-0 cr |
| Operating margin (%) | -0.53% |
| Interest | ₹1 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹-1 cr |
| Tax | ₹-0 cr |
| Net profit | ₹-1 cr |
| EPS (₹) | ₹-0.10 |
What to watch
- Whether operating margin moves above -0.53%.
- Whether expenses fall below revenue after the operating loss of Rs 0.34 cr.
- Whether the net loss narrows from Rs 0.91 cr without a repeat of the Rs 0.45 cr tax credit.