Other income drives STARPAPER's Q1FY27 profit
Operating profit was Rs 2.79 cr against Rs 13.94 cr of other income, making the reported Rs 11.01 cr net profit less operationally driven.
Filed 12 Aug 2026, 16:10 IST · after market close · STARPAPER (STARPAPER)
Key takeaways
- STARPAPER's standalone Q1FY27 net profit was supported by Rs 13.94 cr of other income, while operating profit was only Rs 2.79 cr.
- Operating profit of Rs 2.79 cr translated into a 2.69% operating margin, leaving the quarter's earnings highly dependent on non-operating income.
- The company reported standalone EPS of Rs 7.05, and the results were filed after market close on 12 Aug 2026.
Q1 profit was not led by operations
STARPAPER reported standalone net profit of Rs 11.01 cr on revenue of Rs 103.46 cr. Operating profit was Rs 2.79 cr, while profit before tax was Rs 14.77 cr. The gap shows that reported profit was driven mainly by income outside the core operating line.
Other income dominates the earnings mix
Other income was Rs 13.94 cr, compared with operating profit of Rs 2.79 cr, so the quarter's profit quality is weaker than the net profit figure alone suggests. Interest of Rs 0.22 cr and depreciation of Rs 1.74 cr were additional deductions below operating profit. Tax of Rs 3.76 cr left net profit at Rs 11.01 cr, with a reported tax rate of 25.47%.
Market reaction is yet to be established
The standalone results were filed after market close on 12 Aug 2026. The immediate stock response is therefore not part of this quarter's initial read-through.
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 | ₹103 cr |
| Other income | ₹14 cr |
| Expenses | ₹101 cr |
| Operating profit | ₹3 cr |
| Operating margin (%) | 2.69% |
| Interest | ₹0 cr |
| Depreciation | ₹2 cr |
| Profit before tax | ₹15 cr |
| Tax | ₹4 cr |
| Net profit | ₹11 cr |
| EPS (₹) | ₹7.05 |
What to watch
- Whether operating margin moves above or below 2.69% next quarter.
- Whether other income remains close to Rs 13.94 cr.
- Whether operating profit of Rs 2.79 cr contributes more meaningfully to profit before tax of Rs 14.77 cr.