LEEL reports 10.94% operating margin with no tax or other-income boost
Standalone net profit of Rs 0.96 cr matched PBT as tax was Rs 0.00 cr; expenses were Rs 11.42 cr against Rs 12.82 cr of revenue.
Filed 13 Aug 2026, 14:58 IST · LEEL (LEEL)
Key takeaways
- Standalone operating profit was Rs 1.40 cr at a 10.94% operating margin on Rs 12.82 cr of revenue.
- With other income and interest both at Rs 0.00 cr, reported profit came from operations rather than non-operating gains or financing effects.
- Net profit of Rs 0.96 cr matched profit before tax because tax was Rs 0.00 cr, resulting in a 0.00% tax rate.
Operating profit remained positive on the standalone revenue base
LEEL's standalone Q1FY27 revenue supported Rs 1.40 cr of operating profit, indicating positive operating earnings rather than profit created below the operating line. The 10.94% margin needs to be read alongside the Rs 11.42 cr expense base against Rs 12.82 cr of revenue.
Zero other income kept the profit bridge operational
Other income and interest were each Rs 0.00 cr, so profit before tax was not lifted by non-operating gains or reduced by finance costs. Depreciation of Rs 0.44 cr was the only listed charge between operating profit of Rs 1.40 cr and PBT of Rs 0.96 cr.
Zero tax drove full PBT conversion into net profit
Tax was Rs 0.00 cr, leaving net profit equal to PBT at Rs 0.96 cr and producing a 0.00% tax rate. EPS was Rs 0.89, but the absence of a tax charge is an important factor in the reported earnings conversion.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹13 cr |
| Other income | ₹0 cr |
| Expenses | ₹11 cr |
| Operating profit | ₹1 cr |
| Operating margin (%) | 10.94% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹1 cr |
| Tax | ₹0 cr |
| Net profit | ₹1 cr |
| EPS (₹) | ₹0.89 |
What to watch
- Whether standalone operating margin holds at 10.94%.
- Whether expenses grow faster than revenue from the Rs 11.42 cr and Rs 12.82 cr base.
- Whether tax remains at Rs 0.00 cr and net profit continues to match PBT of Rs 0.96 cr.