Margin rebounds, but standalone profit halves as revenue drops 53.43% QoQ
Expenses fell faster than revenue, lifting operating margin by 7.04 percentage points; other income supplied 5.77% of pre-tax profit.
Filed 05 Nov 2026, 17:41 IST · after market close · Oriental Trimex Ltd (ORIENTALTL)
Key takeaways
- Standalone revenue fell 53.43% QoQ to Rs 3.67 cr, but expenses fell faster at 57.47%, lifting operating margin by 7.04 percentage points to 24.69%.
- Net profit fell 52.44% QoQ to Rs 0.39 cr as the lower revenue base outweighed the margin gain.
- Operating margin was 13.13 percentage points above the 11.56% median for 262 reported Consumer Discretionary peers.
Price around the results
Revenue contraction outweighed the margin recovery
Standalone revenue fell 53.43% QoQ to Rs 3.67 cr, taking net profit down 52.44% to Rs 0.39 cr. The decline in expenses was steeper at 57.47%, which limited the earnings impact of the lower revenue base but did not offset it.
Lower costs lifted margin, while interest doubled
Operating margin expanded by 7.04 percentage points to 24.69% because expenses declined faster than revenue. Interest rose 100.00% QoQ to Rs 0.04 cr, while depreciation was unchanged at Rs 0.37 cr. The tax rate was almost flat, rising 0.03 percentage points to 25.62%, so the profit decline was not driven by a tax-rate change.
Margin recovered from Q1 and stayed above the peer median
Operating margin moved from 20.54% in Q4FY26 to 17.65% in Q1FY27 before rebounding to 24.69% in Q2FY27. That puts Oriental Trimex 13.13 percentage points above the 11.56% median among 262 Consumer Discretionary peers that have reported. Other income contributed 5.77% of pre-tax profit, a modest but identifiable part of earnings quality.
Results were filed after market close
The standalone results were filed after market close on 05 Nov 2026 at 17:41 IST.
Q2FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 | Q1FY27 | QoQ |
|---|---|---|---|
| Revenue | ₹4 cr | ₹8 cr | -53.43% |
| Other income | ₹0 cr | ₹0 cr | -70.00% |
| Expenses | ₹3 cr | ₹6 cr | -57.47% |
| Operating profit | ₹1 cr | ₹1 cr | -34.53% |
| Operating margin (%) | 24.69% | 17.65% | — |
| Interest | ₹0 cr | ₹0 cr | +100.00% |
| Depreciation | ₹0 cr | ₹0 cr | +0.00% |
| Profit before tax | ₹1 cr | ₹1 cr | -52.73% |
| Tax | ₹0 cr | ₹0 cr | -53.57% |
| Net profit | ₹0 cr | ₹1 cr | -52.44% |
| EPS (₹) | ₹0.07 | ₹0.15 | -53.33% |
Operating margin of 24.69% compares with a Consumer Discretionary sector median of 11.56% across 262 peers that have reported Q2FY27.
How the stock reacted
| Window | Stock | vs NIFTY |
|---|---|---|
| Results day | -1.34% | -3.36% |
| Next session | -2.50% | — |
Volume on the results session was 0.81× its 20-day average.
What to watch
- Operating margin in the next quarter versus 24.69%.
- Revenue versus Rs 3.67 cr after the 53.43% QoQ decline.
- Interest movement from Rs 0.04 cr after the 100.00% QoQ increase.