Q1FY27 · Consolidated

KECL slips into a Rs 5.99 loss as operating profit turns negative

Expenses exceeded revenue, while Rs 5.25 of interest pushed the consolidated loss before tax to Rs 5.95.

By Ashutosh

Filed 13 Aug 2026, 13:26 IST · KECL (KECL)

Key takeaways

  • KECL reported a consolidated net loss of Rs -5.99 and EPS of Rs -0.90 in Q1FY27.
  • Operating profit was Rs -0.37 as expenses of Rs 104.22 exceeded revenue of Rs 103.85.
  • Interest of Rs 5.25 and depreciation of Rs 1.01 widened the loss before tax to Rs -5.95.

Revenue was not enough to cover operating costs

KECL's consolidated revenue was Rs 103.85, but expenses were higher at Rs 104.22. That left operating profit at Rs -0.37 and operating margin at -0.36%, showing that the loss began at the operating level rather than only below it.

Interest remained the main pressure below operations

Interest expense of Rs 5.25 was substantially larger than other income of Rs 0.68, while depreciation added Rs 1.01 of cost. The company therefore reported a loss before tax of Rs -5.95 and a net loss of Rs -5.99. Tax of Rs 0.04 produced a tax rate of -0.67%, so it did not offset the earnings pressure.

Q1FY27 closes with negative operating and net earnings

With no year-on-year or sequential comparison provided, the quarter is best read through the earnings structure: revenue did not cover expenses, and financing costs deepened the operating loss. The reported EPS was Rs -0.90 on a consolidated basis.

Q1FY27 at a glance

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

Line itemQ1FY27
Revenue₹104 cr
Other income₹1 cr
Expenses₹104 cr
Operating profit₹-0 cr
Operating margin (%)-0.36%
Interest₹5 cr
Depreciation₹1 cr
Profit before tax₹-6 cr
Tax₹0 cr
Net profit₹-6 cr
EPS (₹)₹-0.90

What to watch

  • Whether operating profit moves above Rs -0.37.
  • Whether operating margin improves from -0.36%.
  • Whether interest expense declines from Rs 5.25.

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 13 Aug '26.