Other income turns Transworld's operating loss into Q1FY27 profit
Consolidated operating loss was Rs 52.11 cr, while Rs 107.96 cr of other income drove profit before tax of Rs 30.41 cr.
Filed 07 Aug 2026, 14:15 IST · TRANSWORLD (TRANSWORLD)
Key takeaways
- Transworld's consolidated Q1FY27 profit before tax of Rs 30.41 cr came despite a Rs 52.11 cr operating loss, as other income was Rs 107.96 cr.
- Expenses of Rs 154.56 cr exceeded revenue of Rs 102.45 cr, leaving operating margin at -50.86%.
- Net profit of Rs 29.51 cr was helped by a 2.96% tax rate, with tax expense at Rs 0.90 cr.
Operating loss dominates the core result
Transworld's consolidated operations generated a Rs 52.11 cr loss in Q1FY27 because expenses of Rs 154.56 cr were higher than revenue of Rs 102.45 cr. The resulting -50.86% operating margin means the reported profit did not come from the core business.
Reported profit rests on other income
Other income of Rs 107.96 cr more than offset the operating loss, interest of Rs 5.85 cr and depreciation of Rs 19.59 cr to produce profit before tax of Rs 30.41 cr. This makes profit quality the central issue in the quarter, since the operating result was negative.
Low tax rate further supports net profit
The 2.96% tax rate limited tax expense to Rs 0.90 cr and allowed profit after tax to remain at Rs 29.51 cr. The quarter therefore combines a loss-making operating base with substantial other income and a low tax charge.
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 | ₹102 cr |
| Other income | ₹108 cr |
| Expenses | ₹155 cr |
| Operating profit | ₹-52 cr |
| Operating margin (%) | -50.86% |
| Interest | ₹6 cr |
| Depreciation | ₹20 cr |
| Profit before tax | ₹30 cr |
| Tax | ₹1 cr |
| Net profit | ₹30 cr |
| EPS (₹) | ₹13.44 |
What to watch
- Whether operating margin improves from -50.86%.
- Whether other income remains above the Rs 30.41 cr profit-before-tax level.
- Whether the tax rate moves from the Q1FY27 level of 2.96%.