Zero revenue persisted, but consolidated loss narrowed to Rs 1.15 cr
Lower expenses, depreciation and interest reduced the loss QoQ, while Rs 0.30 cr of other income remained non-operating.
Filed 05 Nov 2026, 19:30 IST · after market close · PREMIER (PREMIER)
Key takeaways
- Consolidated revenue stayed at Rs 0 cr in Q2FY27, leaving an operating loss of Rs 0.34 cr.
- The consolidated net loss narrowed 34.66% QoQ to Rs 1.15 cr as expenses, depreciation and interest all declined.
- Other income rose 30.43% QoQ to Rs 0.30 cr, but its -26.09% share of pre-tax profit reflected the continuing loss rather than recurring earnings.
Zero revenue kept the business in operating loss
Premier reported consolidated revenue of Rs 0 cr for Q2FY27, so the quarter had no operating revenue base. The operating loss narrowed to Rs 0.34 cr from Rs 0.48 cr in Q1FY27, but depreciation and interest still pushed the pre-tax and net loss to Rs 1.15 cr. EPS improved to -Rs 0.38 from -Rs 0.58.
Lower costs, depreciation and interest drove the improvement
Expenses fell 29.17% QoQ, while depreciation declined 30.4% and interest fell 7.69%, explaining the reduction in operating and pre-tax losses despite unchanged revenue. Other income increased 30.43% to Rs 0.30 cr, but it did not offset the operating loss; its -26.09% share of pre-tax profit is a consequence of the loss position. The 0% tax rate was unchanged and did not drive the improvement.
Results were filed after market close
The consolidated results were filed after market close on 05 Nov 2026. There is therefore no reported share-price reaction to assess yet, and the available quarter sequence does not establish a multi-quarter trend.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 | Q1FY27 | QoQ |
|---|---|---|---|
| Revenue | ₹0 cr | ₹0 cr | — |
| Other income | ₹0 cr | ₹0 cr | +30.43% |
| Expenses | ₹0 cr | ₹0 cr | -29.17% |
| Operating profit | ₹-0 cr | ₹-0 cr | +29.17% |
| Interest | ₹0 cr | ₹0 cr | -7.69% |
| Depreciation | ₹1 cr | ₹1 cr | -30.40% |
| Profit before tax | ₹-1 cr | ₹-2 cr | +34.66% |
| Tax | ₹0 cr | ₹0 cr | — |
| Net profit | ₹-1 cr | ₹-2 cr | +34.66% |
| EPS (₹) | ₹-0.38 | ₹-0.58 | +34.48% |
What to watch
- Whether consolidated revenue moves above Rs 0 cr next quarter.
- Whether the operating loss stays below Rs 0.34 cr as expenses remain at or below Rs 0.34 cr.
- Whether other income of Rs 0.30 cr is accompanied by positive operating profit.