IIRM's Q2FY27 profit reflects a Rs 4.69 cr interest burden
The consolidated filing shows Rs 5.15 cr of net profit from Rs 67.25 cr of revenue, with a 21.70% operating margin and a 22.71% tax rate.
Filed 12 Nov 2026, 19:58 IST · after market close · IIRM (IIRM)
Key takeaways
- Consolidated revenue of Rs 67.25 cr generated operating profit of Rs 14.60 cr, with the quarter's operating margin at 21.70%.
- Interest of Rs 4.69 cr and depreciation of Rs 3.89 cr were material charges below operating profit, limiting profit before tax to Rs 6.66 cr.
- Other income was Rs 0.65 cr against profit before tax of Rs 6.66 cr, so the Rs 5.15 cr net profit was not primarily driven by non-operating income.
Operating profit set the quarter's base
IIRM reported consolidated revenue of Rs 67.25 cr and operating profit of Rs 14.60 cr in Q2FY27. That translated into a 21.70% operating margin, making operating performance the main source of reported profit before financing and depreciation charges.
Interest and depreciation reduced profit conversion
Interest of Rs 4.69 cr and depreciation of Rs 3.89 cr came below operating profit and were significant charges in the profit bridge. Other income of Rs 0.65 cr provided some support, but its size relative to profit before tax indicates that net profit was not mainly an investment-income effect. The tax rate was 22.71%, with tax expense at Rs 1.51 cr.
Results were filed after market close
The company filed these consolidated Q2FY27 results after market close on 12 Nov 2026. There is no market reaction to assess in this release window.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹67 cr |
| Other income | ₹1 cr |
| Expenses | ₹53 cr |
| Operating profit | ₹15 cr |
| Operating margin (%) | 21.70% |
| Interest | ₹5 cr |
| Depreciation | ₹4 cr |
| Profit before tax | ₹7 cr |
| Tax | ₹2 cr |
| Net profit | ₹5 cr |
| EPS (₹) | ₹0.75 |
What to watch
- Whether operating margin holds around the reported 21.70%.
- Whether interest remains close to or below Rs 4.69 cr.
- Whether other income remains limited relative to the Rs 6.66 cr profit before tax.