Negative other income of Rs 1.5 cr drove a Q1FY27 net loss
Core operations remained profitable at Rs 0.08 cr, but the below-operating-line loss overwhelmed that contribution.
Filed 14 Aug 2026, 16:49 IST · after market close · PALASHSECU (PALASHSECU)
Key takeaways
- Consolidated operations generated Rs 0.08 cr of operating profit, but negative other income of Rs 1.5 cr drove a Rs 1.47 cr net loss.
- The reported tax rate was -2.53%, as the company recorded Rs 0.04 cr of tax despite a Rs 1.43 cr loss before tax.
- Operating margin was 25.32%, but there is no quarter-on-quarter or year-on-year comparison in this filing.
Operating profit was outweighed by other income
The consolidated business remained profitable at the operating level, with Rs 0.08 cr of operating profit from Rs 0.31 cr of revenue. That contribution was more than offset by negative other income of Rs 1.5 cr, leaving a Rs 1.43 cr loss before tax and a Rs 1.47 cr net loss.
Reported tax rate adds little support to earnings
The 25.32% operating margin shows that the reported loss was not caused by an operating loss in the quarter. Depreciation was Rs 0.01 cr and interest was nil, while the Rs 0.04 cr tax charge produced a reported tax rate of -2.53% despite the loss before tax.
No trend or market reaction is available yet
The filing provides no sequential or year-on-year comparison, so the quarter's direction and any multi-quarter margin trend cannot be assessed from this release. The consolidated results were filed after market close on 14 August 2026.
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 | ₹-2 cr |
| Expenses | ₹0 cr |
| Operating profit | ₹0 cr |
| Operating margin (%) | 25.32% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹-1 cr |
| Tax | ₹0 cr |
| Net profit | ₹-1 cr |
| EPS (₹) | ₹-1.46 |
What to watch
- Whether revenue moves above Rs 0.31 cr in the next quarter.
- Whether operating margin remains near 25.32%.
- Whether other income improves from negative Rs 1.5 cr.