Other income nearly matches NIRAJISPAT's pre-tax profit in Q1FY27
Standalone operating profit was Rs 0.05 cr on Rs 0.89 cr revenue, while the results were filed after market close.
Filed 12 Aug 2026, 15:45 IST · after market close · NIRAJISPAT (NIRAJISPAT)
Key takeaways
- Other income of Rs 0.39 cr was nearly as large as standalone profit before tax of Rs 0.4 cr, making earnings quality the central issue.
- Standalone operating profit was only Rs 0.05 cr on Rs 0.89 cr revenue, leaving an operating margin of 5.98%.
- Net profit was Rs 0.3 cr after a 25.16% tax rate, with EPS at Rs 4.97.
Other income carried the quarter
NIRAJISPAT reported standalone profit before tax of Rs 0.4 cr, but other income was Rs 0.39 cr. Core operations contributed only Rs 0.05 cr of operating profit, so reported pre-tax earnings were largely supported by non-operating income.
Core profitability remained thin
Revenue of Rs 0.89 cr exceeded expenses of Rs 0.83 cr, leaving a 5.98% operating margin. Interest of Rs 0.01 cr and depreciation of Rs 0.04 cr further reduced operating profit before tax, while tax of Rs 0.1 cr brought net profit to Rs 0.3 cr.
No comparison or market reaction yet
The standalone results were filed after market close on 12 Aug 2026, so the stock's response was not yet part of this quarter's read-through. The quarter's main signal is therefore the gap between the Rs 0.05 cr operating profit and the Rs 0.39 cr contribution from other income.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹1 cr |
| Other income | ₹0 cr |
| Expenses | ₹1 cr |
| Operating profit | ₹0 cr |
| Operating margin (%) | 5.98% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹0 cr |
| Tax | ₹0 cr |
| Net profit | ₹0 cr |
| EPS (₹) | ₹4.97 |
What to watch
- Whether operating margin moves above or below 5.98% next quarter.
- Whether other income remains close to the Rs 0.05 cr operating profit.
- Whether expenses stay near the Rs 0.83 cr reported this quarter.