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
- Narmada's consolidated Q1FY27 revenue of Rs 22.26 cr produced Rs 0.95 cr of operating profit, a 4.25% operating margin.
- Other income of Rs 0.28 cr supplemented consolidated pre-tax profit of Rs 1.01 cr, so earnings were not entirely operating-led.
- A 25.17% tax rate reduced consolidated pre-tax profit of Rs 1.01 cr to net profit of Rs 0.75 cr, or EPS of Rs 0.20.
Expenses left limited operating profit
Narmada reported consolidated revenue of Rs 22.26 cr in Q1FY27, while expenses of Rs 21.32 cr absorbed most of that revenue. The resulting Rs 0.95 cr operating profit translated into a 4.25% operating margin.
Other income supported the pre-tax result
Other income of Rs 0.28 cr more than offset interest of Rs 0.17 cr and depreciation of Rs 0.05 cr in the bridge from operating profit to pre-tax profit. The 25.17% tax rate then reduced pre-tax profit of Rs 1.01 cr to net profit of Rs 0.75 cr.
Results were filed after market close
The consolidated results were filed after market close on 14 August 2026. The stock reaction is therefore not part of this initial read.
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 consolidated operating margin holds above 4.25% next quarter.
- Whether operating profit of Rs 0.95 cr remains sufficient to cover interest of Rs 0.17 cr without support from other income.
- Whether the tax rate remains close to 25.17%.