Interest and tax erase JITFINFRA’s operating profit in Q1FY27
Consolidated operating profit was Rs 141.77 cr, but interest, depreciation, negative other income and tax above pre-tax profit produced a Rs 2.08 cr loss.
Filed 12 Aug 2026, 16:38 IST · after market close · JITFINFRA (JITFINFRA)
Key takeaways
- JITFINFRA reported a consolidated net loss of Rs 2.08 cr despite operating profit of Rs 141.77 cr.
- Interest of Rs 94.16 cr and depreciation of Rs 26.31 cr left only Rs 9.17 cr of profit before tax.
- A tax rate of 122.71% and negative other income of Rs 12.13 cr pushed the quarter into a loss.
Operating profit did not reach the bottom line
JITFINFRA’s consolidated operating profit of Rs 141.77 cr was not enough to cover interest of Rs 94.16 cr and depreciation of Rs 26.31 cr. Profit before tax was therefore only Rs 9.17 cr, leaving little buffer before the tax charge.
Tax and other income further weakened profit quality
Other income was negative at Rs 12.13 cr, reducing pre-tax earnings rather than adding to them. The tax rate was 122.71%, so the Rs 11.25 cr tax charge exceeded profit before tax and pushed net profit to a loss of Rs 2.08 cr.
Results were filed after market close
The consolidated results for Q1FY27 were filed on 12 August 2026 at 16:38 IST, after the market closed. There is no reported market reaction yet, so the quarter’s earnings conversion remains the central issue for the next comparison.
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 | ₹664 cr |
| Other income | ₹-12 cr |
| Expenses | ₹522 cr |
| Operating profit | ₹142 cr |
| Operating margin (%) | 21.35% |
| Interest | ₹94 cr |
| Depreciation | ₹26 cr |
| Profit before tax | ₹9 cr |
| Tax | ₹11 cr |
| Net profit | ₹-2 cr |
| EPS (₹) | ₹-2.13 |
What to watch
- Whether interest remains contained relative to the Rs 94.16 cr reported in Q1FY27.
- Whether operating margin holds above 21.35%.
- Whether tax rate moves below the 122.71% reported this quarter.