Interest burden cut Q1FY27 operating profit to Rs 20.73 cr net profit
Interest of Rs 36.18 cr weighed on consolidated profit, while management highlighted approximately 85,448 MT of installed manufacturing capacity.
Filed 10 Aug 2026, 18:11 IST · after market close · LASERPOWER (LASERPOWER)
Key takeaways
- Interest of Rs 36.18 cr and depreciation of Rs 7.74 cr reduced operating profit of Rs 65.80 cr to profit before tax of Rs 28.17 cr.
- Other income of Rs 6.29 cr partly offset the pressure from finance costs, while consolidated net profit was Rs 20.73 cr.
- Management said installed manufacturing capacity stood at approximately 85,448 MT as of March 31, 2026, after rising 37.8% between Fiscal 2024 and Fiscal 2026.
Q1FY27 profit conversion was constrained by finance costs
LASERPOWER reported consolidated revenue of Rs 521.55 cr and operating profit of Rs 65.80 cr in Q1FY27. Interest of Rs 36.18 cr and depreciation of Rs 7.74 cr absorbed much of that operating profit before other income, leaving profit before tax at Rs 28.17 cr. Net profit was Rs 20.73 cr, with EPS of Rs 1.8.
Other income provided only a partial offset
Other income of Rs 6.29 cr was a meaningful contributor to profit before tax of Rs 28.17 cr. The quarter's 12.62% operating margin therefore did not translate fully into pre-tax profit because of the interest and depreciation burden. The results do not include a year-on-year or sequential comparison, so the direction of margins cannot be established from this filing.
Capacity expansion and the TS Conductor agreement are the business context
Management said aggregate installed manufacturing capacity was approximately 85,448 MT as of March 31, 2026. The company said this capacity had increased by approximately 37.8% between Fiscal 2024 and Fiscal 2026. Management also said it had entered into a strategic manufacturing agreement with TS Conductor Corp. of the U.S.
Results were filed after market close
The company filed the consolidated results after market close on 10 Aug 2026. There is no same-session market reaction to assess from the filing.
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 | ₹522 cr |
| Other income | ₹6 cr |
| Expenses | ₹456 cr |
| Operating profit | ₹66 cr |
| Operating margin (%) | 12.62% |
| Interest | ₹36 cr |
| Depreciation | ₹8 cr |
| Profit before tax | ₹28 cr |
| Tax | ₹7 cr |
| Net profit | ₹21 cr |
| EPS (₹) | ₹1.80 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
Expansion
- The company had aggregate installed manufacturing capacity of approximately 85,448 MT as of March 31, 2026.
- Installed capacity increased by approximately 37.8% between Fiscal 2024 and Fiscal 2026.
New initiatives
- The company entered a strategic manufacturing agreement with TS Conductor Corp. of the U.S.
Competition
- The company describes itself as one of the leading Indian players by manufacturing capacity for power cables and conductors.
- The company is among the leading players in East India by manufacturing capacity for power cables and conductors.
What to watch
- Whether operating margin remains at or above 12.62%.
- How interest costs compare with operating profit of Rs 65.80 cr.
- Updates on utilisation of the approximately 85,448 MT installed capacity.