USK's operating profit was cut down by interest and depreciation in Q1FY27
Standalone net profit exceeded pre-tax profit because of a tax credit, while other income of 0.21 was not the main earnings support.
Filed 14 Aug 2026, 18:39 IST · after market close · USK (USK)
Key takeaways
- Standalone Q1FY27 operating profit of 7.07 fell to profit before tax of 2.44 after interest of 2.64 and depreciation of 2.21.
- Net profit of 2.46 was slightly above profit before tax because tax was a credit of -0.02, producing a -0.87% tax rate.
- Revenue of 46.25 generated a 15.29% operating margin and EPS of Rs 0.44.
Interest and depreciation narrowed the earnings conversion
USK reported standalone operating profit of 7.07, but interest of 2.64 and depreciation of 2.21 left profit before tax at 2.44. The gap shows that financing and non-cash depreciation charges absorbed a substantial part of operating profit.
The tax credit lifted reported net profit
Net profit was 2.46, slightly above profit before tax because tax was reported as a credit of -0.02. The resulting tax rate of -0.87% flattered earnings, while other income of 0.21 was not the main contributor to profit before tax.
Results were filed after market close
The standalone Q1FY27 results were filed at 18:39 IST on 14 August 2026, after market close. There is no quarter-on-quarter, year-on-year or post-results reaction data to frame the move.
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 | ₹39 cr |
| Operating profit | ₹7 cr |
| Operating margin (%) | 15.29% |
| Interest | ₹3 cr |
| Depreciation | ₹2 cr |
| Profit before tax | ₹2 cr |
| Tax | ₹-0 cr |
| Net profit | ₹2 cr |
| EPS (₹) | ₹0.44 |
What to watch
- Whether operating margin moves from the reported 15.29%.
- Whether profit before tax continues to trail operating profit after interest of 2.64 and depreciation of 2.21.
- Whether the tax rate remains close to the reported -0.87%.