S&SPOWER posts Rs 0.26 cr loss despite positive pre-tax profit
A Rs 0.90 cr tax charge, equal to a 140.57% tax rate, turned Rs 0.64 cr of pre-tax profit into a net loss.
Filed 14 Aug 2026, 20:18 IST · after market close · S&SPOWER (S&SPOWER)
Key takeaways
- S&SPOWER reported a consolidated net loss of Rs 0.26 cr in Q1FY27 even though profit before tax was Rs 0.64 cr.
- The Rs 0.90 cr tax charge exceeded pre-tax profit and pushed EPS to -Rs 0.21.
- Operating profit was Rs 1.77 cr on revenue of Rs 71.21 cr, leaving a 2.48% operating margin.
A thin operating surplus ended in a net loss
S&SPOWER generated Rs 71.21 cr of consolidated revenue in Q1FY27, but its Rs 1.77 cr operating profit left little buffer below the operating line. Interest of Rs 0.87 cr and depreciation of Rs 0.70 cr weighed on pre-tax earnings, which were Rs 0.64 cr.
Tax charge overwhelmed reported pre-tax profit
The Rs 0.90 cr tax charge was higher than the Rs 0.64 cr profit before tax, producing a 140.57% tax rate and a net loss of Rs 0.26 cr. Other income of Rs 0.44 cr also formed a substantial part of reported pre-tax profit, so earnings quality was weaker than the operating profit figure alone suggests.
Results were filed after market close
The company filed these consolidated Q1FY27 results after market close on 14 August 2026. There is no market reaction to assess yet.
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 | ₹71 cr |
| Other income | ₹0 cr |
| Expenses | ₹69 cr |
| Operating profit | ₹2 cr |
| Operating margin (%) | 2.48% |
| Interest | ₹1 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹1 cr |
| Tax | ₹1 cr |
| Net profit | ₹-0 cr |
| EPS (₹) | ₹-0.21 |
What to watch
- Whether operating profit remains above Rs 1.77 cr.
- Whether the tax charge falls below Rs 0.90 cr.
- Whether other income remains close to Rs 0.44 cr.