IVP posts Rs 14.02 cr standalone profit with a 13.31% operating margin
Other income was modest relative to pre-tax profit, while the results were filed after market close on 6 August.
Filed 06 Aug 2026, 16:51 IST · after market close · IVP (IVP)
Key takeaways
- IVP converted Rs 154.73 cr of standalone revenue into Rs 20.59 cr of operating profit, a 13.31% margin.
- Standalone net profit was Rs 14.02 cr after Rs 4.74 cr of tax, implying a 25.27% tax rate.
- Other income of Rs 1.09 cr was modest against profit before tax of Rs 18.76 cr, so reported profit was not mainly non-operating.
Operations generated Rs 20.59 cr of profit
The standalone quarter converted Rs 154.73 cr of revenue into Rs 20.59 cr of operating profit, giving a 13.31% operating margin. After interest of Rs 1.38 cr and depreciation of Rs 1.54 cr, profit before tax was Rs 18.76 cr.
Profit quality was not reliant on other income
Other income was Rs 1.09 cr against profit before tax of Rs 18.76 cr, indicating that non-operating income was not the main contributor to reported profit. Tax of Rs 4.74 cr resulted in a 25.27% tax rate and net profit of Rs 14.02 cr.
No sequential or year-on-year comparison is available in this release
The reported figures establish a standalone Q1FY27 base, but there is no comparison in the release to explain a change in revenue, expenses or margin. IVP filed the results after market close on 6 August 2026, so there was no immediate market reaction to assess.
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 | ₹155 cr |
| Other income | ₹1 cr |
| Expenses | ₹134 cr |
| Operating profit | ₹21 cr |
| Operating margin (%) | 13.31% |
| Interest | ₹1 cr |
| Depreciation | ₹2 cr |
| Profit before tax | ₹19 cr |
| Tax | ₹5 cr |
| Net profit | ₹14 cr |
| EPS (₹) | ₹13.57 |
What to watch
- Whether the next reported operating margin holds around the Q1FY27 level of 13.31%.
- Whether other income remains modest relative to the Rs 18.76 cr profit before tax.
- How interest of Rs 1.38 cr and depreciation of Rs 1.54 cr affect profit before tax in the next quarter.