Narmada's Q1 operating margin was 4.25%, with other income aiding profit
Other income of Rs 0.28 cr formed part of profit before tax of Rs 1.01 cr, while net profit stood at Rs 0.75 cr.
Filed 14 Aug 2026, 19:42 IST · after market close · NARMADA (NARMADA)
Key takeaways
- Consolidated operating profit of Rs 0.95 cr on revenue of Rs 22.26 cr resulted in a 4.25% operating margin.
- Other income of Rs 0.28 cr contributed to profit before tax of Rs 1.01 cr, so reported earnings were not entirely operational.
- Consolidated net profit was Rs 0.75 cr, with EPS of Rs 0.20 after a 25.17% tax rate.
Q1FY27 produced a thin operating cushion
The consolidated quarter generated Rs 0.95 cr of operating profit from Rs 22.26 cr of revenue, leaving operating margin at 4.25%. Net profit after interest, depreciation and tax was Rs 0.75 cr, indicating that the operating result translated into limited earnings after below-operating charges.
Other income was material to reported profit
Other income of Rs 0.28 cr contributed to profit before tax of Rs 1.01 cr, which means reported profit included a meaningful non-operating component. Interest was Rs 0.17 cr and depreciation was Rs 0.05 cr, while tax was Rs 0.25 cr at a 25.17% tax rate.
The filing came after market close
Narmada filed its consolidated Q1FY27 results at 19:42 IST on 14 Aug 2026, after market close. This note therefore does not assess a post-results stock reaction.
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 | ₹22 cr |
| Other income | ₹0 cr |
| Expenses | ₹21 cr |
| Operating profit | ₹1 cr |
| Operating margin (%) | 4.25% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹1 cr |
| Tax | ₹0 cr |
| Net profit | ₹1 cr |
| EPS (₹) | ₹0.20 |
What to watch
- Whether operating margin holds at or above 4.25%.
- Whether other income remains near Rs 0.28 cr.
- Whether the tax rate stays near 25.17%.