HPIL posts Rs 2.76 cr operating loss but Rs 0.86 cr net profit
Other income and a tax credit more than offset the operating loss, making profit quality the key issue in the standalone Q1FY27 results.
Filed 12 Aug 2026, 13:38 IST · HPIL (HPIL)
Key takeaways
- HPIL reported a standalone operating loss of Rs 2.76 cr as expenses of Rs 29.33 cr exceeded revenue of Rs 26.57 cr.
- Net profit of Rs 0.86 cr was supported by Rs 4.56 cr of other income and a tax credit of Rs 0.22 cr.
- The operating margin was -10.38%, showing that reported profitability did not come from the core business.
Core operations remained loss-making
HPIL's standalone expenses of Rs 29.33 cr were higher than revenue of Rs 26.57 cr, resulting in an operating loss of Rs 2.76 cr. The operating margin was -10.38%, so the quarter's reported profit did not reflect earnings from core operations.
Other income and tax credit drove reported profit
Other income of Rs 4.56 cr more than offset the operating loss, interest of Rs 1.06 cr and depreciation of Rs 0.11 cr to leave profit before tax at Rs 0.64 cr. The tax line was -Rs 0.22 cr, indicating a tax credit that lifted net profit to Rs 0.86 cr and EPS to Rs 0.75. This makes other income and the tax credit material to the quarter's profit quality.
No market reaction was available at filing
The results were filed during market hours, and no post-results stock reaction was available in the reported data. With no sequential or year-on-year comparison provided, the operating loss of Rs 2.76 cr and negative margin of -10.38% are the key markers for tracking the next reported period.
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 | ₹27 cr |
| Other income | ₹5 cr |
| Expenses | ₹29 cr |
| Operating profit | ₹-3 cr |
| Operating margin (%) | -10.38% |
| Interest | ₹1 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹1 cr |
| Tax | ₹-0 cr |
| Net profit | ₹1 cr |
| EPS (₹) | ₹0.75 |
What to watch
- Whether revenue moves above expenses of Rs 29.33 cr.
- Whether operating margin improves from -10.38%.
- Whether net profit remains supported by other income of Rs 4.56 cr and a tax credit of Rs 0.22 cr.