RCOM reports Rs 809 cr loss despite Rs 459 cr pre-tax profit
Other income of Rs 476 cr exceeded operating profit of Rs 20 cr, while the reported tax rate was only 0.44%.
Filed 13 Aug 2026, 15:18 IST · RCOM (RCOM)
Key takeaways
- RCOM posted a consolidated net loss of Rs 809 cr even as profit before tax was Rs 459 cr.
- Other income of Rs 476 cr exceeded the Rs 20 cr operating profit, making non-operating income central to the reported pre-tax result.
- A 0.44% tax rate did not reconcile the Rs 459 cr pre-tax profit with the Rs 809 cr net loss, while EPS was Rs -1.16.
Net loss diverged sharply from pre-tax profit
RCOM's consolidated Q1FY27 result shows a positive profit before tax alongside a net loss of Rs 809 cr. The gap indicates a sizeable charge or adjustment below the pre-tax line, but the reported summary does not identify its nature. Interest of Rs 11 cr and depreciation of Rs 26 cr were also recorded above the pre-tax result.
Other income outweighed the operating business
Other income of Rs 476 cr was more than the Rs 20 cr operating profit, so the reported pre-tax result was dominated by non-operating income rather than operations. Operating margin was 27.03%, but there is no comparative movement in the reported quarter to establish whether operating costs improved or deteriorated. The 0.44% tax rate was too small to explain the swing from pre-tax profit to net loss.
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 | ₹74 cr |
| Other income | ₹476 cr |
| Expenses | ₹54 cr |
| Operating profit | ₹20 cr |
| Operating margin (%) | 27.03% |
| Interest | ₹11 cr |
| Depreciation | ₹26 cr |
| Profit before tax | ₹459 cr |
| Tax | ₹2 cr |
| Net profit | ₹-809 cr |
| EPS (₹) | ₹-1.16 |
What to watch
- Whether the next filing explains the gap between Rs 459 cr of profit before tax and the Rs 809 cr net loss.
- Whether operating profit remains positive after the reported Rs 20 cr in Q1FY27.
- Whether other income remains above the Rs 20 cr operating profit.