Interest and depreciation left Q1 PBT at Rs 8.7 cr
Consolidated operating profit was Rs 22.2 cr, while Rs 0.08 cr of other income provided little support; the results were filed after market close.
Filed 28 Jul 2026, 17:03 IST · after market close · MANORG (MANORG)
Key takeaways
- Consolidated Q1FY27 operating profit of Rs 22.2 cr converted to profit before tax of Rs 8.7 cr after Rs 7.42 cr of interest and Rs 6.16 cr of depreciation.
- Other income was only Rs 0.08 cr against profit before tax of Rs 8.7 cr, so reported earnings had little non-operating support.
- The company reported a 12.4% operating margin and Rs 7.27 cr of consolidated net profit in Q1FY27.
Operating profit did not carry through to PBT
The consolidated operating profit of Rs 22.2 cr was reduced to Rs 8.7 cr before tax, with interest of Rs 7.42 cr and depreciation of Rs 6.16 cr accounting for the main deductions. This left net profit at Rs 7.27 cr and EPS at Rs 8.49.
Other income was immaterial to earnings quality
Other income of Rs 0.08 cr was small relative to profit before tax of Rs 8.7 cr, so the quarter was not materially supported by non-operating income. Tax was Rs 1.43 cr at a reported tax rate of 16.48%.
Results came after the market close
The consolidated results were filed at 17:03 IST on 28 July 2026, after market close. There is therefore no immediate market reaction to assess in this note.
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 | ₹179 cr |
| Other income | ₹0 cr |
| Expenses | ₹157 cr |
| Operating profit | ₹22 cr |
| Operating margin (%) | 12.40% |
| Interest | ₹7 cr |
| Depreciation | ₹6 cr |
| Profit before tax | ₹9 cr |
| Tax | ₹1 cr |
| Net profit | ₹7 cr |
| EPS (₹) | ₹8.49 |
What to watch
- Whether operating margin holds above 12.4%.
- Whether interest remains below operating profit of Rs 22.2 cr.
- Whether other income stays immaterial relative to profit before tax of Rs 8.7 cr.