Interest and depreciation leave MFML with only Rs 0.05 cr PBT
The consolidated business generated Rs 2.70 cr of operating profit, but other income of Rs 0.35 cr exceeded profit before tax.
Filed 12 Aug 2026, 18:46 IST · after market close · MFML (MFML)
Key takeaways
- Consolidated operating profit of Rs 2.70 cr translated into an 8.76% operating margin, but interest and depreciation reduced profit before tax to Rs 0.05 cr.
- Other income of Rs 0.35 cr exceeded reported profit before tax of Rs 0.05 cr, making the quarter's profit quality a key consideration.
- Net profit was Rs 0.04 cr and EPS was Rs 0.04, with the results filed after market close on 12 August 2026.
Operating profit did not carry through to earnings
MFML reported consolidated revenue of Rs 30.81 cr and operating profit of Rs 2.70 cr, indicating that the business was profitable before below-operating-line charges. Interest of Rs 1.39 cr and depreciation of Rs 1.61 cr together reduced profit before tax to Rs 0.05 cr. Net profit was Rs 0.04 cr.
Other income was larger than reported pre-tax profit
Other income of Rs 0.35 cr exceeded profit before tax of Rs 0.05 cr, so reported earnings were not driven only by operating performance. The tax rate was 23.93%, and tax of Rs 0.01 cr further reduced the small pre-tax profit.
No sequential or annual benchmark is available yet
The quarter has no year-on-year, sequential, or multi-quarter trend comparison in the reported data, so the direction of revenue and margin cannot be established from this release. The company filed these consolidated results after market close on 12 August 2026, and no post-results stock reaction is recorded.
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 | ₹31 cr |
| Other income | ₹0 cr |
| Expenses | ₹28 cr |
| Operating profit | ₹3 cr |
| Operating margin (%) | 8.76% |
| Interest | ₹1 cr |
| Depreciation | ₹2 cr |
| Profit before tax | ₹0 cr |
| Tax | ₹0 cr |
| Net profit | ₹0 cr |
| EPS (₹) | ₹0.04 |
What to watch
- Whether operating margin holds above 8.76% in the next reported quarter.
- Whether interest and depreciation remain close to the Rs 1.39 cr and Rs 1.61 cr reported this quarter.
- Whether other income stays below profit before tax of Rs 0.05 cr.