Q1FY27 · Standalone

Interest and depreciation cut operating profit to Rs 2.82 cr PBT

Other income of Rs 0.05 cr was immaterial, while tax at 20.04% left Rs 2.26 cr in standalone net profit.

By Ashutosh

Filed 13 Aug 2026, 17:53 IST · after market close · SALONA (SALONA)

Key takeaways

  • Standalone revenue of Rs 196.6 cr converted to operating profit of Rs 10.68 cr, leaving an operating margin of 5.43%.
  • Interest of Rs 5.42 cr and depreciation of Rs 2.49 cr reduced operating profit to profit before tax of Rs 2.82 cr.
  • Other income was only Rs 0.05 cr against profit before tax, so net profit of Rs 2.26 cr was not materially supported by non-operating income.

Rs 10.68 cr operating profit, but only Rs 2.82 cr before tax

SALONA reported standalone revenue of Rs 196.6 cr and operating profit of Rs 10.68 cr in Q1FY27. The operating margin was 5.43%, but interest and depreciation below operating profit sharply reduced earnings before tax.

Interest was the main deduction below operating profit

Interest expense was Rs 5.42 cr, while depreciation was Rs 2.49 cr, against operating profit of Rs 10.68 cr. This left profit before tax at Rs 2.82 cr; tax of Rs 0.57 cr at a 20.04% rate resulted in net profit of Rs 2.26 cr.

Earnings were not lifted by other income

Other income was Rs 0.05 cr, making it immaterial to the Rs 2.82 cr profit before tax. The standalone results were filed after market close on 13 Aug 2026 at 17:53 IST.

Q1FY27 at a glance

Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ1FY27
Revenue₹197 cr
Other income₹0 cr
Expenses₹186 cr
Operating profit₹11 cr
Operating margin (%)5.43%
Interest₹5 cr
Depreciation₹2 cr
Profit before tax₹3 cr
Tax₹1 cr
Net profit₹2 cr
EPS (₹)₹8.58

What to watch

  • Whether operating margin moves from the Q1FY27 level of 5.43%.
  • Whether interest remains near Rs 5.42 cr relative to operating profit of Rs 10.68 cr.
  • Whether other income remains immaterial against profit before tax of Rs 2.82 cr.

Figures are as filed by the company with the NSE and are reproduced automatically. Educational market commentary only — not investment advice and not a recommendation to buy or sell any security. Results filed 13 Aug '26.