Zero revenue left operations loss-making despite Rs 5.13 cr net profit
The consolidated profit came from Rs 8.57 cr of other income, while operating profit was Rs -2.82 cr.
Filed 07 Aug 2026, 18:05 IST · after market close · OSWALAGRO (OSWALAGRO)
Key takeaways
- Consolidated Q1FY27 generated no revenue and reported an operating loss of Rs -2.82 cr.
- Net profit of Rs 5.13 cr was driven by Rs 8.57 cr of other income despite loss-making operations.
- The 9.61% tax rate left consolidated EPS at Rs 0.38 after profit before tax of Rs 5.67 cr.
Profit came without operating revenue
OSWALAGRO's consolidated Q1FY27 revenue was Rs 0.00 cr, so the Rs 2.82 cr expense base translated directly into an operating loss of Rs -2.82 cr. Other income of Rs 8.57 cr more than offset that loss, producing profit before tax of Rs 5.67 cr.
Reported profit was not operating profit
Other income exceeded profit before tax because the core business reported an operating loss, making the Rs 5.13 cr net profit a poor measure of operating performance. Interest of Rs 0.03 cr and depreciation of Rs 0.05 cr were small relative to the operating loss, while tax of Rs 0.55 cr resulted in EPS of Rs 0.38.
Results were filed after market close
The consolidated results were filed after market close on 7 August 2026, so there is no post-result market reaction to assess in this update. There are also no sequential or year-on-year comparisons in the reported data, leaving the zero-revenue operating profile as the central issue for this quarter.
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 | ₹0 cr |
| Other income | ₹9 cr |
| Expenses | ₹3 cr |
| Operating profit | ₹-3 cr |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹6 cr |
| Tax | ₹1 cr |
| Net profit | ₹5 cr |
| EPS (₹) | ₹0.38 |
What to watch
- Whether revenue moves above Rs 0.00 cr and operating profit improves from Rs -2.82 cr.
- Whether reported profit remains supported by other income of Rs 8.57 cr.
- Whether EPS remains above Rs 0.38 as operating activity develops.