Depreciation and interest pushed Tarsons to a Q1 loss
Consolidated operating profit was Rs 25.98 cr, but Rs 27.02 cr depreciation and Rs 6.26 cr interest took profit before tax to Rs -1.32 cr.
Filed 10 Aug 2026, 18:27 IST · after market close · TARSONS (TARSONS)
Key takeaways
- Tarsons reported a consolidated net loss of Rs -1.44 cr in Q1FY27 despite operating profit of Rs 25.98 cr.
- Depreciation of Rs 27.02 cr and interest of Rs 6.26 cr pushed profit before tax to Rs -1.32 cr.
- Operating margin was 23.57%, but other income of Rs 5.98 cr was not enough to prevent a loss.
Operating profit did not translate into earnings
Tarsons generated a positive consolidated operating profit of Rs 25.98 cr on revenue of Rs 110.24 cr, with operating margin at 23.57%. The loss emerged below the operating line rather than from an operating deficit.
Depreciation was larger than operating profit
Depreciation of Rs 27.02 cr exceeded operating profit, while interest added a further Rs 6.26 cr charge. Other income of Rs 5.98 cr partly offset these costs, but profit before tax remained at Rs -1.32 cr and net profit at Rs -1.44 cr. The tax rate of -9.06% reflects the loss-making pre-tax base; the Rs 0.12 cr tax charge did not change the outcome.
Results came after the market close
The consolidated results were filed on 10 Aug 2026 at 18:27 IST, after market close. The stock response is therefore not part of this update.
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 | ₹110 cr |
| Other income | ₹6 cr |
| Expenses | ₹84 cr |
| Operating profit | ₹26 cr |
| Operating margin (%) | 23.57% |
| Interest | ₹6 cr |
| Depreciation | ₹27 cr |
| Profit before tax | ₹-1 cr |
| Tax | ₹0 cr |
| Net profit | ₹-1 cr |
| EPS (₹) | ₹-0.27 |
What to watch
- Whether operating margin holds near 23.57% in the next quarter.
- Whether depreciation remains above or below operating profit of Rs 25.98 cr.
- Whether interest stays near Rs 6.26 cr and other income near Rs 5.98 cr.