Depreciation and interest pushed Kabra Extrusion into a Rs 1.74 cr loss
The consolidated quarter generated Rs 6.20 cr of operating profit, but Rs 8.16 cr depreciation and Rs 3.82 cr interest drove a Rs 5.34 cr pre-tax loss.
Filed 30 Jul 2026, 15:11 IST · KABRAEXTRU (KABRAEXTRU)
Key takeaways
- Rs 8.16 cr of depreciation and Rs 3.82 cr of interest more than offset Rs 6.20 cr of operating profit, leaving a Rs 5.34 cr pre-tax loss.
- A Rs 3.60 cr tax credit reduced the consolidated net loss to Rs 1.74 cr, so reported earnings were helped by tax rather than operating profit alone.
- The consolidated operating margin was 4.98%, leaving limited coverage for depreciation and finance costs in Q1FY27.
Operating profit did not cover below-operating costs
Kabra Extrusion remained operating-profit positive, but depreciation of Rs 8.16 cr exceeded operating profit of Rs 6.20 cr. Interest expense added another Rs 3.82 cr, taking the company to a consolidated pre-tax loss of Rs 5.34 cr. The 4.98% operating margin therefore did not translate into positive earnings.
Tax credit softened the reported loss
The Rs 3.60 cr tax credit reduced the consolidated net loss to Rs 1.74 cr from the pre-tax loss of Rs 5.34 cr. This means the reported net result benefited materially from tax accounting, while operating profit remained insufficient to absorb depreciation and interest.
Market reaction is not yet established
The results are too fresh for a market reaction to be assessed. No comparison with the stock’s usual post-results move is available in this readout.
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 | ₹124 cr |
| Other income | ₹0 cr |
| Expenses | ₹118 cr |
| Operating profit | ₹6 cr |
| Operating margin (%) | 4.98% |
| Interest | ₹4 cr |
| Depreciation | ₹8 cr |
| Profit before tax | ₹-5 cr |
| Tax | ₹-4 cr |
| Net profit | ₹-2 cr |
| EPS (₹) | ₹-0.50 |
What to watch
- Whether operating profit of Rs 6.20 cr can cover depreciation of Rs 8.16 cr in the next quarter.
- Whether interest expense moves above or below Rs 3.82 cr.
- Whether the Rs 3.60 cr tax credit recurs.