Q1FY27 · Consolidated

TBZ's Q1 profit faced a Rs 18.75 cr interest drag

Consolidated operating profit was Rs 72.31 cr, but interest and depreciation reduced profit before tax to Rs 46.64 cr.

By Ashutosh

Filed 11 Aug 2026, 16:25 IST · after market close · TBZ (TBZ)

Key takeaways

  • TBZ reported consolidated net profit of Rs 33.92 cr in Q1FY27 after interest of Rs 18.75 cr and depreciation of Rs 8.58 cr.
  • Operating profit of Rs 72.31 cr translated into an 8.6% operating margin, while other income was only Rs 1.66 cr.
  • The results were filed after market close, leaving no immediate market reaction to assess.

Interest absorbed a quarter of operating profit

TBZ's consolidated operating profit of Rs 72.31 cr was reduced by Rs 18.75 cr of interest and Rs 8.58 cr of depreciation before tax. That left profit before tax at Rs 46.64 cr, with net profit at Rs 33.92 cr after tax. Other income of Rs 1.66 cr made only a limited contribution to pre-tax profit.

Q1 margin was 8.6% with no comparison disclosed

The consolidated operating margin stood at 8.6% on revenue of Rs 840.97 cr. There are no year-on-year or sequential drivers in the reported data, so the quarter does not establish whether margin movement came from revenue growth, expense growth or a change in the cost mix. The 27.28% tax rate also gives no basis here for assessing whether tax affected the profit comparison.

Results were filed after market close

TBZ filed its consolidated Q1FY27 results at 16:25 IST on 11 August 2026, after market close. The filing therefore provides no same-session stock reaction to compare with the company's past results.

Q1FY27 at a glance

Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ1FY27
Revenue₹841 cr
Other income₹2 cr
Expenses₹769 cr
Operating profit₹72 cr
Operating margin (%)8.60%
Interest₹19 cr
Depreciation₹9 cr
Profit before tax₹47 cr
Tax₹13 cr
Net profit₹34 cr
EPS (₹)₹5.08

What to watch

  • Whether operating margin moves from the Q1FY27 level of 8.6%.
  • Whether interest changes from Rs 18.75 cr as profit scales.
  • Whether other income remains limited from the Q1FY27 level of Rs 1.66 cr.

Figures are as filed by the company with the NSE and are reproduced automatically. Educational market commentary only — not investment advice and not a recommendation to buy or sell any security. Results filed 11 Aug '26.