Other income nearly matched Ramky's pre-tax profit in Q1FY27
Standalone operating profit was Rs 31.42 cr, leaving reported earnings materially supported by Rs 80.94 cr of other income.
Filed 10 Aug 2026, 21:08 IST · after market close · RAMKY (RAMKY)
Key takeaways
- Standalone net profit was Rs 71.45 cr, while operating profit was only Rs 31.42 cr.
- Other income of Rs 80.94 cr was close to pre-tax profit of Rs 90.38 cr, making earnings quality a key issue.
- Operating margin was 6.96%, with no sequential or year-on-year comparison available for this quarter.
Core operations contributed less than reported profit
Ramky reported standalone net profit of Rs 71.45 cr, but operating profit was Rs 31.42 cr on revenue of Rs 451.5 cr. The gap between operating profit and pre-tax profit shows that the reported earnings outcome was not driven mainly by core operations.
Other income dominated the profit bridge
Other income of Rs 80.94 cr was close to the Rs 90.38 cr pre-tax profit, so profit quality depends heavily on income outside operations this quarter. The 20.94% tax rate reduced pre-tax profit to net profit of Rs 71.45 cr; there is no comparison available to assess whether taxation flattered the result.
No market reaction or trend signal yet
The standalone results were filed after market close on 10 August 2026, so there is no reported stock reaction to assess. There is also no sequential, year-on-year, or multi-quarter trend data to establish whether the 6.96% operating margin is improving or deteriorating.
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 | ₹452 cr |
| Other income | ₹81 cr |
| Expenses | ₹420 cr |
| Operating profit | ₹31 cr |
| Operating margin (%) | 6.96% |
| Interest | ₹13 cr |
| Depreciation | ₹9 cr |
| Profit before tax | ₹90 cr |
| Tax | ₹19 cr |
| Net profit | ₹71 cr |
| EPS (₹) | ₹10.33 |
What to watch
- Whether operating margin moves above or below 6.96% next quarter.
- Whether other income remains close to the Rs 90.38 cr pre-tax profit.
- Whether operating profit rises materially from Rs 31.42 cr without a similar reliance on other income.