Rs 17.06 cr net profit masks a 0.36% operating margin
Standalone revenue nearly matched expenses, while reported profit was far above the Rs 0.81 cr operating profit.
Filed 24 Jul 2026, 13:30 IST · RAMAPHO (RAMAPHO)
Key takeaways
- Standalone net profit was Rs 17.06 cr on revenue of Rs 224.8 cr in Q1FY27.
- Operating profit of Rs 27.9 cr translated into a 12.41% operating margin, with no comparative margin data available.
- Other income was only Rs 0.75 cr, so non-operating income made a limited contribution to the Rs 22.81 cr profit before tax.
Standalone earnings established a Q1FY27 base
RAMAPHO reported standalone revenue of Rs 224.8 cr and operating profit of Rs 27.9 cr in Q1FY27. After interest of Rs 4.05 cr and depreciation of Rs 1.79 cr, profit before tax was Rs 22.81 cr. Tax of Rs 5.75 cr resulted in net profit of Rs 17.06 cr and EPS of Rs 4.82.
Non-operating income did not drive reported profit
Other income was Rs 0.75 cr against profit before tax of Rs 22.81 cr, limiting the contribution from non-operating sources. The earnings bridge was instead shaped by operating profit, interest of Rs 4.05 cr and depreciation of Rs 1.79 cr. The reported tax rate was 25.2%.
No sequential or year-on-year trend is available
The quarter has no reported sequential or year-on-year comparison in the available results, so the 12.41% operating margin cannot yet be assessed for expansion or contraction. There is also no multi-quarter trend to establish whether profitability is improving or declining.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹225 cr |
| Other income | ₹1 cr |
| Expenses | ₹197 cr |
| Operating profit | ₹28 cr |
| Operating margin (%) | 12.41% |
| Interest | ₹4 cr |
| Depreciation | ₹2 cr |
| Profit before tax | ₹23 cr |
| Tax | ₹6 cr |
| Net profit | ₹17 cr |
| EPS (₹) | ₹4.82 |
What to watch
- Whether revenue moves above or below the Q1FY27 base of Rs 224.8 cr.
- Whether operating margin holds above 12.41%.
- Whether interest remains near the Q1FY27 level of Rs 4.05 cr.