Standalone profit came from other income as operations stayed loss-making
Revenue was Rs 1.52 cr against expenses of Rs 2.74 cr, while other income of Rs 8.23 cr exceeded profit before tax.
Filed 12 Aug 2026, 17:20 IST · after market close · SHEKHAWATI (SHEKHAWATI)
Key takeaways
- Standalone net profit was Rs 6.37 cr despite an operating loss of Rs 1.21 cr.
- Other income of Rs 8.23 cr exceeded standalone profit before tax of Rs 6.52 cr, making earnings quality dependent on non-operating income.
- Standalone operating margin was -79.83% as expenses of Rs 2.74 cr exceeded revenue of Rs 1.52 cr.
Operating loss masked by non-operating income
SHEKHAWATI reported standalone net profit of Rs 6.37 cr in Q1FY27, but operations generated a loss of Rs 1.21 cr. Other income of Rs 8.23 cr exceeded profit before tax of Rs 6.52 cr, so the reported profit did not come from the operating business.
Expenses exceeded revenue in Q1FY27
Standalone revenue was Rs 1.52 cr, while expenses were Rs 2.74 cr, leaving operating costs above revenue. This gap drove the operating margin to -79.83%; interest of Rs 0.1 cr and depreciation of Rs 0.39 cr were additional charges below operating profit.
Results were filed after market close
The company filed its standalone Q1FY27 results after market close on 12 Aug 2026. There is no reported market reaction yet, and no prior-reaction history is provided for comparison.
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 | ₹2 cr |
| Other income | ₹8 cr |
| Expenses | ₹3 cr |
| Operating profit | ₹-1 cr |
| Operating margin (%) | -79.83% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹7 cr |
| Tax | ₹0 cr |
| Net profit | ₹6 cr |
| EPS (₹) | ₹1.85 |
What to watch
- Whether revenue moves above Rs 1.52 cr while expenses remain below Rs 2.74 cr.
- Whether operating margin improves from -79.83% and operating profit returns above Rs 0.
- Whether other income remains below profit before tax of Rs 6.52 cr.