Q1FY27 · Consolidated

INA posts Rs 38.02 cr profit as Q1FY27 operating margin stands at 9.74%

Interest and depreciation reduced operating profit of Rs 72.16 cr to pre-tax profit of Rs 47.5 cr; the consolidated filing came after market close.

By Ashutosh

Filed 12 Aug 2026, 16:40 IST · after market close · INA (INA)

Key takeaways

  • INA reported consolidated net profit of Rs 38.02 cr in Q1FY27, with EPS of Rs 1.73.
  • Operating margin was 9.74%, with operating profit of Rs 72.16 cr on revenue of Rs 740.7 cr.
  • Interest of Rs 12.44 cr and depreciation of Rs 16.92 cr reduced operating profit to pre-tax profit of Rs 47.5 cr.

Q1FY27 earnings conversion

INA generated consolidated operating profit of Rs 72.16 cr from revenue of Rs 740.7 cr, translating to a 9.74% operating margin. After interest and depreciation, pre-tax profit was Rs 47.5 cr and net profit was Rs 38.02 cr.

Interest and other income shaped reported profit

The Rs 12.44 cr interest charge and Rs 16.92 cr depreciation expense absorbed a significant part of operating profit before tax. Other income was Rs 4.71 cr against pre-tax profit of Rs 47.5 cr, so reported profit was primarily supported by operations rather than this non-operating line. The tax rate was 19.95%.

No market reaction yet

The consolidated results were filed after market close on 12 August 2026. With no post-result market move covered here, the immediate focus is the 9.74% operating margin, the Rs 12.44 cr interest burden and the 19.95% tax rate.

Q1FY27 at a glance

Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ1FY27
Revenue₹741 cr
Other income₹5 cr
Expenses₹669 cr
Operating profit₹72 cr
Operating margin (%)9.74%
Interest₹12 cr
Depreciation₹17 cr
Profit before tax₹48 cr
Tax₹9 cr
Net profit₹38 cr
EPS (₹)₹1.73

What to watch

  • Whether operating margin holds above 9.74%.
  • Whether the interest charge remains near Rs 12.44 cr.
  • Whether other income stays limited relative to the Rs 47.5 cr pre-tax profit.

Figures are as filed by the company with the NSE and are reproduced automatically. Educational market commentary only — not investment advice and not a recommendation to buy or sell any security. Results filed 12 Aug '26.