SALSTEEL posts Rs 3.09 cr Q1FY27 standalone profit without other income
Zero other income means profit was not boosted by non-operating gains, while interest and depreciation weighed on conversion from operating profit.
Filed 14 Aug 2026, 12:44 IST · SALSTEEL (SALSTEEL)
Key takeaways
- SALSTEEL reported standalone Q1FY27 net profit of Rs 3.09 cr with no contribution from other income.
- Interest of Rs 6.25 cr and depreciation of Rs 2.77 cr materially reduced the Rs 13.55 cr operating profit before tax.
- The 31.79% tax rate means the Rs 3.09 cr profit was not flattered by a low tax charge.
Q1 profit was not other-income driven
SALSTEEL's standalone Q1FY27 profit of Rs 3.09 cr was generated without other income. The result was therefore primarily shaped by operations, financing costs, depreciation and tax rather than a one-off income gain.
Interest and depreciation cut operating-profit conversion
Interest of Rs 6.25 cr and depreciation of Rs 2.77 cr were charged after Rs 13.55 cr of operating profit, leaving Rs 4.53 cr before tax. The 31.79% tax rate offers no evidence that a lower tax burden lifted reported profit.
Operating margin is the key read-through
The main operating marker is the 15.51% margin, alongside whether operating profit continues to cover interest of Rs 6.25 cr. With other income at zero this quarter, changes in reported profit can be read against the operating and financing lines rather than an investment-income swing.
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 | ₹87 cr |
| Other income | ₹0 cr |
| Expenses | ₹74 cr |
| Operating profit | ₹14 cr |
| Operating margin (%) | 15.51% |
| Interest | ₹6 cr |
| Depreciation | ₹3 cr |
| Profit before tax | ₹5 cr |
| Tax | ₹1 cr |
| Net profit | ₹3 cr |
| EPS (₹) | ₹0.21 |
What to watch
- Whether operating profit continues to cover interest of Rs 6.25 cr.
- Whether operating margin holds around 15.51%.
- Whether other income remains at Rs 0 cr, keeping profit free of non-operating support.