Depreciation and interest cut Parkhotels' operating profit to Rs 20.20 cr PBT
The consolidated quarter delivered a 28.10% operating margin, but Rs 21.08 cr of depreciation and Rs 10.37 cr of interest weighed on net profit.
Filed 14 Aug 2026, 20:25 IST · after market close · PARKHOTELS (PARKHOTELS)
Key takeaways
- Consolidated Q1FY27 profit before tax was Rs 20.20 cr after Rs 21.08 cr of depreciation and Rs 10.37 cr of interest, making below-operating charges central to earnings.
- Operating profit of Rs 46.86 cr translated into a 28.10% operating margin, while tax of Rs 8.71 cr reduced net profit to Rs 11.49 cr.
- Other income of Rs 4.79 cr supported pre-tax profit, so earnings were not entirely generated by hotel operations.
Operating profit did not flow through to earnings
Parkhotels reported consolidated revenue of Rs 166.78 cr and operating profit of Rs 46.86 cr in Q1FY27. Depreciation of Rs 21.08 cr and interest of Rs 10.37 cr then reduced profit before tax to Rs 20.20 cr. This makes the gap between operating profit and pre-tax profit the central feature of the quarter.
Tax and other income shaped reported profit
Other income of Rs 4.79 cr provided a meaningful contribution to pre-tax profit, so the earnings mix included a non-operating component. Tax of Rs 8.71 cr, at a reported tax rate of 43.12%, brought net profit down to Rs 11.49 cr and EPS to Rs 0.54.
Results were filed after market close
The company filed its consolidated Q1FY27 results after market close on 14 August 2026. With no quarter-on-quarter or year-on-year comparison provided, the current margin, below-operating charges and tax burden are the main reference points for the next disclosure.
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 | ₹167 cr |
| Other income | ₹5 cr |
| Expenses | ₹120 cr |
| Operating profit | ₹47 cr |
| Operating margin (%) | 28.10% |
| Interest | ₹10 cr |
| Depreciation | ₹21 cr |
| Profit before tax | ₹20 cr |
| Tax | ₹9 cr |
| Net profit | ₹11 cr |
| EPS (₹) | ₹0.54 |
What to watch
- Whether operating margin holds above 28.10% in the next quarter.
- Whether depreciation remains close to Rs 21.08 cr and interest close to Rs 10.37 cr.
- Whether net profit improves from Rs 11.49 cr without greater reliance on Rs 4.79 cr of other income.