RGL's Q1FY27 operating margin was 5.24%
Interest of Rs 11.50 cr and depreciation of Rs 8.48 cr weighed below operating profit, while other income contributed Rs 8.77 cr.
Filed 07 Aug 2026, 19:15 IST · after market close · RGL (RGL)
Key takeaways
- RGL's consolidated Q1FY27 operating margin was 5.24%, leaving limited operating cushion.
- Interest of Rs 11.50 cr and depreciation of Rs 8.48 cr reduced the conversion of operating profit into pre-tax profit.
- Other income of Rs 8.77 cr and a 13.69% tax rate were material to reported net profit of Rs 25.64 cr.
A narrow operating spread in Q1FY27
RGL reported consolidated revenue of Rs 780.45 cr and operating profit of Rs 40.92 cr, implying a 5.24% operating margin. The limited spread between revenue and expenses of Rs 739.52 cr leaves operating earnings sensitive to cost changes. There is no year-on-year or sequential comparison in the reported set to establish momentum.
Interest and other income shaped reported profit
Interest of Rs 11.50 cr and depreciation of Rs 8.48 cr absorbed a substantial part of operating profit before tax. Other income of Rs 8.77 cr added to pre-tax earnings, so reported profit was not generated solely by operations. The 13.69% tax rate also shaped the conversion from pre-tax profit of Rs 29.71 cr to net profit of Rs 25.64 cr.
Results were filed after market close
RGL filed its consolidated Q1FY27 results after market close on 7 Aug 2026. The quarter's market response therefore cannot be assessed from the filing timing alone.
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 | ₹780 cr |
| Other income | ₹9 cr |
| Expenses | ₹740 cr |
| Operating profit | ₹41 cr |
| Operating margin (%) | 5.24% |
| Interest | ₹12 cr |
| Depreciation | ₹8 cr |
| Profit before tax | ₹30 cr |
| Tax | ₹4 cr |
| Net profit | ₹26 cr |
| EPS (₹) | ₹2.37 |
What to watch
- Whether operating margin holds above 5.24% in the next reported quarter.
- Whether interest remains below Rs 11.50 cr as a charge against operating profit.
- Whether other income stays near Rs 8.77 cr and the tax rate near 13.69%.