NIBE reports Rs 12 cr consolidated loss as operating margin turns negative
Expenses exceeded revenue by Rs 9.53 cr, while a Rs 3.23 cr tax credit partly reduced the reported loss.
Filed 14 Aug 2026, 19:42 IST · after market close · NIBE (NIBE)
Key takeaways
- Consolidated operating loss of Rs 9.53 cr put operating margin at -15.12%.
- A Rs 3.23 cr tax credit reduced the reported net loss to Rs 12.00 cr from a pre-tax loss of Rs 15.23 cr.
- Revenue of Rs 63.01 cr did not cover expenses of Rs 72.54 cr, while interest of Rs 3.44 cr and depreciation of Rs 4.31 cr added to the loss below operating profit.
Core operations remained loss-making
NIBE’s consolidated revenue of Rs 63.01 cr was not enough to cover expenses of Rs 72.54 cr, resulting in an operating loss of Rs 9.53 cr. The -15.12% operating margin shows that the loss arose before interest, depreciation and tax were taken into account.
Tax credit softened the reported loss
Interest of Rs 3.44 cr and depreciation of Rs 4.31 cr widened the loss below operating profit, taking profit before tax to -Rs 15.23 cr. Other income of Rs 2.05 cr was not enough to offset the operating loss and finance and depreciation charges. The negative tax charge of Rs 3.23 cr reduced the net loss to Rs 12.00 cr, so reported profit benefited from a tax credit despite the pre-tax loss.
After-close filing leaves market reaction unformed
The consolidated results were filed after market close on 14 August 2026. The stock’s immediate response is therefore not yet part of the results signal.
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 | ₹63 cr |
| Other income | ₹2 cr |
| Expenses | ₹73 cr |
| Operating profit | ₹-10 cr |
| Operating margin (%) | -15.12% |
| Interest | ₹3 cr |
| Depreciation | ₹4 cr |
| Profit before tax | ₹-15 cr |
| Tax | ₹-3 cr |
| Net profit | ₹-12 cr |
| EPS (₹) | ₹-7.34 |
What to watch
- Whether operating margin improves from -15.12%.
- Whether revenue moves above the Rs 63.01 cr reported this quarter.
- Whether interest remains near the Rs 3.44 cr charge reported this quarter.