Interest and depreciation turned thin operating profit into a Rs 7.64 cr loss
Consolidated expenses left just Rs 0.90 cr of operating profit, while other income of Rs 0.11 cr provided little offset.
Filed 12 Aug 2026, 17:18 IST · after market close · MANGALAM (MANGALAM)
Key takeaways
- Consolidated operations generated only Rs 0.90 cr of operating profit on Rs 57.12 cr of revenue, leaving a 1.58% margin.
- Interest of Rs 3.68 cr and depreciation of Rs 4.09 cr pushed profit before tax to a loss of Rs 6.75 cr.
- Net loss was Rs 7.64 cr, with the Rs 0.89 cr tax charge producing a tax rate of -13.23%.
Thin operating surplus could not absorb fixed charges
Consolidated expenses of Rs 56.22 cr consumed almost all of the Rs 57.12 cr revenue, leaving Rs 0.90 cr of operating profit. That small operating surplus was more than absorbed by interest of Rs 3.68 cr and depreciation of Rs 4.09 cr, resulting in a Rs 6.75 cr loss before tax.
Other income did not materially change the result
Other income was only Rs 0.11 cr, so the quarter's result was driven mainly by operating profitability and the charges below it rather than non-operating income. The Rs 0.89 cr tax charge deepened the loss and resulted in a negative tax rate of -13.23%.
Results were filed after market close
The consolidated results for Q1FY27 were filed after market close on 12 August 2026. There is no reported market reaction to assess yet, and no quarter-on-quarter or year-on-year comparison is available in the reported set.
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 | ₹57 cr |
| Other income | ₹0 cr |
| Expenses | ₹56 cr |
| Operating profit | ₹1 cr |
| Operating margin (%) | 1.58% |
| Interest | ₹4 cr |
| Depreciation | ₹4 cr |
| Profit before tax | ₹-7 cr |
| Tax | ₹1 cr |
| Net profit | ₹-8 cr |
| EPS (₹) | ₹-4.83 |
What to watch
- Whether operating margin moves up from 1.58%.
- Whether interest remains near the Rs 3.68 cr quarterly charge.
- Whether the Rs 0.89 cr tax charge continues despite a loss before tax.