Negative tax and other income lift Madhucon's Q1 profit
The consolidated quarter included Rs 5.99 cr of other income and a tax credit of Rs 1.72 cr, making reported profit stronger than operating profit alone suggests.
Filed 13 Aug 2026, 20:20 IST · after market close · MADHUCON (MADHUCON)
Key takeaways
- Consolidated Q1FY27 net profit was Rs 17.26 cr, helped by a negative tax rate of -11.09%.
- Other income of Rs 5.99 cr was a significant part of profit before tax of Rs 15.54 cr.
- Operating margin was 21.15%, with operating profit of Rs 10.56 cr on revenue of Rs 49.94 cr.
Q1 profit benefited from non-operating items
Madhucon reported consolidated net profit of Rs 17.26 cr on revenue of Rs 49.94 cr in Q1FY27. Other income of Rs 5.99 cr contributed materially to profit before tax of Rs 15.54 cr. The negative tax rate of -11.09%, reflecting tax of Rs -1.72 cr, further lifted reported earnings.
Operating margin stood at 21.15%
Operating profit was Rs 10.56 cr after expenses of Rs 39.38 cr, giving an operating margin of 21.15%. Interest and depreciation were Rs 0.50 cr and Rs 0.51 cr respectively, so the main gap between operating profit and net profit came from other income and the tax credit.
Results were filed after market close
The consolidated results were filed after market close on 13 August 2026. The immediate share-price response is therefore outside this report.
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 | ₹50 cr |
| Other income | ₹6 cr |
| Expenses | ₹39 cr |
| Operating profit | ₹11 cr |
| Operating margin (%) | 21.15% |
| Interest | ₹1 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹16 cr |
| Tax | ₹-2 cr |
| Net profit | ₹17 cr |
| EPS (₹) | ₹2.22 |
What to watch
- Whether operating margin moves above or below 21.15% next quarter.
- Whether other income remains a significant part of profit before tax after Rs 5.99 cr this quarter.
- Whether the reported tax rate remains below or moves above -11.09%.