Tax credit lifts TICL's Q4FY26 profit above pre-tax earnings
The standalone quarter delivered a 9.42% operating margin, while Rs 0.28 cr of other income also supported pre-tax profit.
Filed 28 Aug 2026, 15:05 IST · TICL (TICL)
Key takeaways
- Standalone Q4FY26 net profit was Rs 1.91 cr, lifted above pre-tax profit by a Rs 0.04 cr tax credit.
- Revenue of Rs 22.51 cr generated Rs 2.12 cr of operating profit, implying a 9.42% operating margin.
- Other income contributed Rs 0.28 cr against pre-tax profit of Rs 1.87 cr, so reported profit was not entirely operating-led.
Tax credit shaped the reported profit
TICL's standalone Q4FY26 net profit exceeded pre-tax profit because tax was recorded as a Rs 0.04 cr credit. This lifted net profit to Rs 1.91 cr despite interest of Rs 0.22 cr and depreciation of Rs 0.31 cr.
Operating margin stayed modest
Revenue of Rs 22.51 cr converted into Rs 2.12 cr of operating profit, a 9.42% operating margin. Other income of Rs 0.28 cr added to pre-tax profit of Rs 1.87 cr, making the reported earnings mix partly dependent on non-operating income.
The next read is operating conversion
With expenses at Rs 20.39 cr against revenue of Rs 22.51 cr, the key operating check is whether the business can sustain or improve its 9.42% margin. The negative tax rate also makes pre-tax profit a cleaner measure of underlying quarterly performance than net profit alone.
Q4FY26 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q4FY26 |
|---|---|
| Revenue | ₹23 cr |
| Other income | ₹0 cr |
| Expenses | ₹20 cr |
| Operating profit | ₹2 cr |
| Operating margin (%) | 9.42% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹2 cr |
| Tax | ₹-0 cr |
| Net profit | ₹2 cr |
| EPS (₹) | ₹0.13 |
What to watch
- Whether operating margin holds above 9.42%.
- Whether tax remains a Rs 0.04 cr credit or moves back to an expense.
- Whether other income stays near Rs 0.28 cr relative to pre-tax profit.