ICEMAKE reports Rs 1.65 cr consolidated loss in Q1FY27
Operating profit was insufficient to cover interest and depreciation, while other income provided little offset.
Filed 13 Aug 2026, 17:31 IST · after market close · ICEMAKE (ICEMAKE)
Key takeaways
- ICEMAKE reported a consolidated net loss of Rs 1.65 cr in Q1FY27, with EPS at Rs -1.04.
- Operating profit of Rs 2.99 cr was outweighed by interest of Rs 3.27 cr and depreciation of Rs 2.05 cr.
- Other income was only Rs 0.11 cr against a consolidated loss before tax of Rs 2.23 cr.
Operating profit did not cover financing and depreciation charges
ICEMAKE generated operating profit of Rs 2.99 cr on revenue of Rs 178.88 cr, but reported a consolidated loss before tax of Rs 2.23 cr. Interest at Rs 3.27 cr exceeded operating profit, and depreciation added a further Rs 2.05 cr charge. The result was a consolidated net loss of Rs 1.65 cr.
Other income made little difference to the loss
Other income was Rs 0.11 cr, too small to materially change the pre-tax outcome. A tax credit of Rs 0.58 cr reduced the reported loss from the pre-tax level, but did not move the company into profit. Basic EPS was Rs -1.04.
Results were filed after market close
The consolidated results were filed after market close on 13 Aug 2026. There was therefore no immediate market reaction in the reported session to place against the company's past results response.
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 | ₹179 cr |
| Other income | ₹0 cr |
| Expenses | ₹176 cr |
| Operating profit | ₹3 cr |
| Operating margin (%) | 1.67% |
| Interest | ₹3 cr |
| Depreciation | ₹2 cr |
| Profit before tax | ₹-2 cr |
| Tax | ₹-1 cr |
| Net profit | ₹-2 cr |
| EPS (₹) | ₹-1.04 |
What to watch
- Whether operating profit rises above the Rs 3.27 cr interest charge.
- Whether operating margin improves from 1.67%.
- Whether other income remains immaterial relative to the Rs 2.23 cr loss before tax.