MMP's Q1FY27 profit included Rs 3.03 cr of other income
The consolidated result showed Rs 20.8 cr of operating profit, while interest and tax reduced profit before tax of Rs 17.41 cr to Rs 13.7 cr.
Filed 10 Aug 2026, 13:08 IST · MMP (MMP)
Key takeaways
- MMP's consolidated Q1FY27 profit included Rs 3.03 cr of other income against Rs 17.41 cr of profit before tax.
- Operating earnings were Rs 20.8 cr at an 8.94% operating margin, with no sequential or year-on-year comparison disclosed.
- Interest of Rs 3.35 cr and tax of Rs 3.71 cr reduced pre-tax profit to Rs 13.7 cr of consolidated net profit.
Other income was a visible part of pre-tax profit
MMP reported consolidated profit before tax of Rs 17.41 cr, including Rs 3.03 cr of other income. This means the quarter's pre-tax result included a non-operating component alongside operating earnings of Rs 20.8 cr.
Operating margin stood at 8.94%
Revenue was Rs 232.6 cr and expenses were Rs 211.8 cr, leaving Rs 20.8 cr of operating profit. The available result does not provide a sequential or year-on-year cost-growth comparison, so the cause of the 8.94% operating margin cannot be assessed against an earlier quarter.
Financing and tax reduced the earnings conversion
Interest expense was Rs 3.35 cr and depreciation was Rs 3.06 cr, taking operating profit to profit before tax of Rs 17.41 cr. Tax at a 21.32% rate amounted to Rs 3.71 cr, leaving consolidated net profit of Rs 13.7 cr and EPS of Rs 5.39.
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 | ₹233 cr |
| Other income | ₹3 cr |
| Expenses | ₹212 cr |
| Operating profit | ₹21 cr |
| Operating margin (%) | 8.94% |
| Interest | ₹3 cr |
| Depreciation | ₹3 cr |
| Profit before tax | ₹17 cr |
| Tax | ₹4 cr |
| Net profit | ₹14 cr |
| EPS (₹) | ₹5.39 |
What to watch
- Whether operating margin moves from 8.94% in the next reported quarter.
- Whether other income remains near Rs 3.03 cr relative to profit before tax of Rs 17.41 cr.
- Whether interest expense changes from Rs 3.35 cr and tax stays near the 21.32% rate.