Interest and depreciation weigh on Kotyark's Q1 consolidated profit
Operating margin was 12.73%, while a 40.29% tax rate further reduced profit after tax to Rs 4.46 cr.
Filed 07 Sep 2026, 14:05 IST · KOTYARK (KOTYARK)
Key takeaways
- Kotyark’s consolidated Q1FY27 operating profit of Rs 11.71 cr translated into net profit of Rs 4.46 cr after Rs 1.76 cr of interest and a 40.29% tax rate.
- Earnings quality was operating-led, with other income at only Rs 0.01 cr against profit before tax of Rs 7.47 cr.
- The quarter ended with a 12.73% operating margin, while EPS stood at Rs 0.34.
Operating earnings formed the core of Q1 profit
Kotyark reported consolidated revenue of Rs 91.98 cr and operating profit of Rs 11.71 cr in Q1FY27. Other income was only Rs 0.01 cr, so profit before tax of Rs 7.47 cr was not materially supported by non-operating income. Net profit was Rs 4.46 cr, with EPS at Rs 0.34.
Interest, depreciation and tax narrowed profit conversion
The company’s operating profit was reduced by Rs 1.76 cr of interest and Rs 2.48 cr of depreciation before reaching profit before tax. Tax of Rs 3.01 cr represented a 40.29% tax rate, placing a significant burden on pre-tax earnings. The resulting net profit was therefore well below operating profit despite the limited contribution from other income.
No sequential or year-on-year trend is available yet
The quarter carries a 12.73% operating margin, but there are no sequential or year-on-year comparison figures to establish whether profitability is improving or weakening. There is also no multi-quarter trend in the reported data, so the next comparable quarter will be needed to assess the direction of margins.
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 | ₹92 cr |
| Other income | ₹0 cr |
| Expenses | ₹80 cr |
| Operating profit | ₹12 cr |
| Operating margin (%) | 12.73% |
| Interest | ₹2 cr |
| Depreciation | ₹2 cr |
| Profit before tax | ₹7 cr |
| Tax | ₹3 cr |
| Net profit | ₹4 cr |
| EPS (₹) | ₹0.34 |
What to watch
- Whether operating margin holds above 12.73%.
- Whether the tax rate remains near 40.29%.
- Whether interest stays below Rs 1.76 cr as profit scales.