Tax credit turns thin operating profit into Rs 0.66 cr net profit
Standalone operating profit was Rs 2.64 cr, but Rs 1.84 cr interest and Rs 0.56 cr depreciation reduced profit before tax to Rs 0.26 cr.
Filed 06 Aug 2026, 19:05 IST · after market close · TTL (TTL)
Key takeaways
- A Rs 0.40 cr tax credit lifted standalone net profit to Rs 0.66 cr despite profit before tax of only Rs 0.26 cr.
- Interest of Rs 1.84 cr and depreciation of Rs 0.56 cr reduced Rs 2.64 cr of operating profit to Rs 0.26 cr before tax.
- Standalone operating margin was 5.69% on revenue of Rs 46.42 cr, while other income was only Rs 0.02 cr.
Interest absorbed most of TTL's operating profit
Other income of Rs 0.02 cr had no meaningful role in the result. This left profit before tax at Rs 0.26 cr.
Net profit was tax-supported
Net profit exceeded profit before tax because the company reported a tax credit of Rs 0.40 cr. The reported tax rate was -153.42%, so the Rs 0.66 cr net profit does not represent the underlying pre-tax earnings alone. With no year-on-year or sequential comparison available, the quarter's earnings quality is the main read-through.
Results were filed after market close
TTL filed these standalone results after market close on 06 Aug 2026. The filing therefore came before a reported market reaction, and there is no post-results stock move to compare with the company's past results.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹46 cr |
| Other income | ₹0 cr |
| Expenses | ₹44 cr |
| Operating profit | ₹3 cr |
| Operating margin (%) | 5.69% |
| Interest | ₹2 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹0 cr |
| Tax | ₹-0 cr |
| Net profit | ₹1 cr |
| EPS (₹) | ₹0.03 |
What to watch
- Whether operating profit remains above Rs 2.64 cr.
- Whether interest expense moves from Rs 1.84 cr.
- Whether the tax line remains a credit after the reported -153.42% tax rate.