MEIL posts Rs 7.52 cr profit as Q1FY27 results come after market close
Operating profit of Rs 11.13 cr converted to Rs 7.52 cr of standalone net profit after Rs 1.86 cr interest and a 25.51% tax rate.
Filed 29 Jul 2026, 18:31 IST · after market close · MEIL (MEIL)
Key takeaways
- MEIL reported standalone net profit of Rs 7.52 cr in Q1FY27, with operating margin at 8.85%.
- Other income of Rs 1.81 cr nearly matched interest expense of Rs 1.86 cr, limiting its offset to operating earnings.
- The results were filed after market close on 29 Jul 2026, leaving the market response to be assessed later.
Standalone profit conversion in Q1FY27
MEIL generated Rs 11.13 cr of operating profit on Rs 125.83 cr of revenue, leaving an 8.85% operating margin. After Rs 1.86 cr of interest and Rs 0.99 cr of depreciation, profit before tax stood at Rs 10.10 cr. Tax of Rs 2.58 cr reduced this to Rs 7.52 cr of net profit.
Other income did not materially change the earnings bridge
Other income was Rs 1.81 cr, almost equal to the Rs 1.86 cr interest charge. That means the non-operating income broadly offset financing cost before depreciation and tax, rather than providing a large additional lift to reported profit. The reported tax rate was 25.51%.
No comparative trend or market reaction yet
The reported quarter has no year-on-year or sequential comparison in the available results, so the direction of revenue, costs and operating margin cannot be established from this release. There is also no multi-quarter trend to assess. MEIL filed the standalone results after market close on 29 Jul 2026.
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 | ₹126 cr |
| Other income | ₹2 cr |
| Expenses | ₹115 cr |
| Operating profit | ₹11 cr |
| Operating margin (%) | 8.85% |
| Interest | ₹2 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹10 cr |
| Tax | ₹3 cr |
| Net profit | ₹8 cr |
| EPS (₹) | ₹2.72 |
What to watch
- Whether operating margin moves from 8.85% in the next reported quarter.
- Whether interest remains close to or above the Rs 1.86 cr reported in Q1FY27.
- Whether other income stays near the Rs 1.81 cr reported in Q1FY27.