SRD reports Rs 9.19 cr standalone profit in Q1FY27
Operating margin was 9.38%, with no contribution from other income and a 25.38% tax rate.
Filed 14 Aug 2026, 17:16 IST · after market close · SRD (SRD)
Key takeaways
- SRD generated standalone operating profit of Rs 12.72 cr on revenue of Rs 135.55 cr in Q1FY27.
- Net profit was Rs 9.19 cr after Rs 3.12 cr of tax, implying a 25.38% tax rate.
- With other income at Rs 0, the 9.38% operating margin and reported profit came from the core business.
Standalone operations produced Rs 12.72 cr profit
SRD generated Rs 12.72 cr of standalone operating profit on Rs 135.55 cr of revenue in Q1FY27, converting sales into a 9.38% operating margin. After interest of Rs 0.38 cr, depreciation of Rs 0.03 cr and tax of Rs 3.12 cr, net profit was Rs 9.19 cr.
Profit quality was not supported by other income
Other income was Rs 0, so profit before tax of Rs 12.31 cr was not aided by a non-operating contribution. The 25.38% tax rate reduced pre-tax profit by Rs 3.12 cr, while the low depreciation charge indicates limited impact from that line this quarter.
Results were filed after market close
The standalone results were filed after market close on 14 August 2026. There is no quarter-on-quarter, year-on-year or stock-reaction comparison in this release, so the quarter's 9.38% operating margin is the main benchmark for the next reported period.
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 | ₹136 cr |
| Other income | ₹0 cr |
| Expenses | ₹123 cr |
| Operating profit | ₹13 cr |
| Operating margin (%) | 9.38% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹12 cr |
| Tax | ₹3 cr |
| Net profit | ₹9 cr |
| EPS (₹) | ₹1.44 |
What to watch
- Whether operating margin holds around 9.38% in the next reported quarter.
- Whether other income remains at Rs 0.
- Whether the tax rate stays near 25.38%.