SPLIL reports profit despite operating loss in Q1FY27
Other income of Rs 4.15 cr more than offset the Rs 0.54 cr operating loss, leaving profit quality dependent on non-operating income.
Filed 12 Aug 2026, 17:01 IST · after market close · SPLIL (SPLIL)
Key takeaways
- SPLIL reported a standalone net profit of Rs 2.13 cr despite an operating loss of Rs 0.54 cr.
- Other income of Rs 4.15 cr exceeded profit before tax of Rs 2.52 cr, making reported profit dependent on non-operating income.
- Expenses of Rs 19.94 cr were higher than revenue of Rs 19.40 cr, resulting in a negative operating margin of -2.77%.
Operating loss masks reported profit
SPLIL's standalone operations were loss-making in Q1FY27, with expenses of Rs 19.94 cr exceeding revenue of Rs 19.40 cr. That left operating profit at negative Rs 0.54 cr and operating margin at -2.77%. There is no sequential or year-on-year comparison in the reported data.
Other income drove the pre-tax result
Other income of Rs 4.15 cr more than offset the operating loss, interest of Rs 0.24 cr and depreciation of Rs 0.86 cr to produce profit before tax of Rs 2.52 cr. Tax of Rs 0.39 cr, or 15.34% of pre-tax profit, resulted in net profit of Rs 2.13 cr and EPS of Rs 0.73. The quarter's profit therefore came primarily from non-operating income rather than operations.
Results were filed after market close
SPLIL filed its standalone Q1FY27 results on 12 Aug 2026 at 17:01 IST, after market close.
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 | ₹19 cr |
| Other income | ₹4 cr |
| Expenses | ₹20 cr |
| Operating profit | ₹-1 cr |
| Operating margin (%) | -2.77% |
| Interest | ₹0 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹3 cr |
| Tax | ₹0 cr |
| Net profit | ₹2 cr |
| EPS (₹) | ₹0.73 |
What to watch
- Whether operating profit improves from the Rs 0.54 cr loss.
- Whether other income remains a major contributor against the Rs 2.52 cr profit before tax.
- Whether operating margin moves above -2.77%.