Interest expense pushed TFL into a Q1FY27 loss
Operating profit of 0.70 was lower than interest expense of 0.86, while other income of 0.09 only partly offset the financing burden.
Filed 31 Jul 2026, 19:23 IST · after market close · TFL (TFL)
Key takeaways
- TFL's consolidated Q1FY27 operating profit of 0.70 did not cover interest expense of 0.86, leaving profit before tax at -0.12.
- Revenue was 2.56 against expenses of 1.86, producing a 27.36% operating margin before financing costs.
- Other income of 0.09 and a 0.0% tax rate did not prevent consolidated net profit from remaining at -0.12.
Operating profit was not enough to cover interest
TFL reported consolidated revenue of 2.56 and expenses of 1.86, leaving operating profit at 0.70. Interest expense was higher at 0.86, and depreciation added 0.06 of cost. Other income of 0.09 reduced the gap but did not prevent profit before tax from falling to -0.12.
Zero tax rate did not change the loss
The reported tax rate was 0.0%, so net profit matched profit before tax at -0.12. Other income accounted for 0.09, but was not enough to offset the interest and depreciation charges.
The filing came after market close
TFL filed the consolidated results after market close on 31 Jul 2026 at 19:23 IST. The results are therefore too fresh for a stock reaction to assess.
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 | ₹3 cr |
| Other income | ₹0 cr |
| Expenses | ₹2 cr |
| Operating profit | ₹1 cr |
| Operating margin (%) | 27.36% |
| Interest | ₹1 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹-0 cr |
| Tax | ₹0 cr |
| Net profit | ₹-0 cr |
| EPS (₹) | ₹0.02 |
What to watch
- Whether operating profit moves above interest expense of 0.86.
- Whether operating margin holds near 27.36%.
- Whether net profit improves from -0.12 without relying on other income of 0.09.