SRM reports Rs 19.71 cr Q1 profit after Rs 38.21 cr operating profit
Interest and depreciation absorbed much of operating profit, while other income made only a limited contribution to pre-tax profit.
Filed 13 Aug 2026, 16:51 IST · after market close · SRM (SRM)
Key takeaways
- SRM reported consolidated Q1FY27 operating profit of Rs 38.21 cr, equal to a 19.47% operating margin.
- Interest of Rs 4.57 cr and depreciation of Rs 10.29 cr reduced operating profit to Rs 24.27 cr of profit before tax.
- Net profit was Rs 19.71 cr after an 18.8% tax rate, while other income contributed Rs 0.92 cr.
Operating profit set the quarter's earnings base
SRM's consolidated Q1FY27 revenue supported Rs 38.21 cr of operating profit, producing a 19.47% operating margin. With no comparable quarter or sequential data provided, the quarter's scale and margin cannot be assessed for growth or direction.
Interest and depreciation narrowed profit conversion
Interest of Rs 4.57 cr and depreciation of Rs 10.29 cr reduced operating profit to Rs 24.27 cr of profit before tax. Other income was Rs 0.92 cr, so reported pre-tax profit was not primarily dependent on non-operating income. Tax at 18.8% left Rs 19.71 cr of consolidated net profit, with EPS of Rs 8.59.
Results were filed after market close
The consolidated results were filed after market close on 13 Aug 2026. There is no post-results market reaction to assess yet, and no management commentary or quarter-on-quarter trend was provided.
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 | ₹196 cr |
| Other income | ₹1 cr |
| Expenses | ₹158 cr |
| Operating profit | ₹38 cr |
| Operating margin (%) | 19.47% |
| Interest | ₹5 cr |
| Depreciation | ₹10 cr |
| Profit before tax | ₹24 cr |
| Tax | ₹5 cr |
| Net profit | ₹20 cr |
| EPS (₹) | ₹8.59 |
What to watch
- Whether operating margin holds above 19.47%.
- Whether interest remains contained relative to the current Rs 4.57 cr.
- Whether other income stays modest relative to the current Rs 0.92 cr.