Interest and depreciation left Q1FY27 with Rs 6.82 cr net profit
A 25.43% tax rate came after finance costs of Rs 11.63 cr and depreciation of Rs 9.50 cr had reduced operating profit.
Filed 24 Jul 2026, 17:36 IST · after market close · SHREDIGCEM (SHREDIGCEM)
Key takeaways
- Consolidated Q1FY27 operating profit of Rs 29.20 cr was reduced to Rs 9.15 cr before tax after Rs 11.63 cr of interest and Rs 9.50 cr of depreciation.
- Other income was Rs 1.08 cr, while a 25.43% tax rate brought net profit to Rs 6.82 cr.
- The filing reported consolidated EPS of Rs 0.46 after market close on 24 July 2026.
Operating profit did not translate into much pre-tax profit
These are consolidated Q1FY27 results. The Rs 29.20 cr operating profit was reduced by Rs 11.63 cr of interest and Rs 9.50 cr of depreciation, leaving Rs 9.15 cr before tax. Other income of Rs 1.08 cr was small alongside pre-tax profit, so reported earnings were primarily tied to operations rather than non-operating income.
Tax further reduced earnings conversion
Tax of Rs 2.33 cr at a 25.43% rate reduced profit after tax to Rs 6.82 cr. The resulting consolidated EPS was Rs 0.46, highlighting the gap between operating profit and distributable earnings.
Results were filed after the market close
The company filed the results at 17:36 IST on 24 July 2026, after market close. The key read-through is the conversion from Rs 29.20 cr of operating profit to Rs 6.82 cr of net profit, with interest and depreciation accounting for the main reduction.
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 | ₹337 cr |
| Other income | ₹1 cr |
| Expenses | ₹308 cr |
| Operating profit | ₹29 cr |
| Operating margin (%) | 8.66% |
| Interest | ₹12 cr |
| Depreciation | ₹10 cr |
| Profit before tax | ₹9 cr |
| Tax | ₹2 cr |
| Net profit | ₹7 cr |
| EPS (₹) | ₹0.46 |
What to watch
- Whether net profit conversion improves from the current Rs 29.20 cr operating profit to Rs 6.82 cr net profit.
- Whether interest stays below Rs 11.63 cr and depreciation below Rs 9.50 cr.
- Whether the tax rate remains near 25.43%.