Other income outweighed operating profit in Vinyl India's Q1 earnings
Standalone net profit was Rs 6.62 cr, while operating profit was Rs 2.68 cr on revenue of Rs 99.64 cr.
Filed 30 Jul 2026, 13:17 IST · VINYLINDIA (VINYLINDIA)
Key takeaways
- Standalone operating profit was only Rs 2.68 cr on revenue of Rs 99.64 cr, leaving operating margin at 2.69%.
- Net profit was Rs 6.62 cr, but operating profit was Rs 2.68 cr while other income contributed Rs 6.28 cr to profit before tax.
- Basic EPS was Rs 3.61, with tax charged at a 25.53% rate on profit before tax of Rs 8.89 cr.
A thin operating spread in Q1FY27
Vinyl India's standalone revenue was Rs 99.64 cr and expenses were Rs 96.96 cr, producing operating profit of Rs 2.68 cr. The resulting operating margin was 2.69%, showing that only a small portion of revenue remained after operating expenses. There is no sequential or year-on-year comparison in this quarter's release to establish the direction of the operating trend.
Profit was materially supported by other income
Profit before tax was Rs 8.89 cr, well above operating profit of Rs 2.68 cr because other income contributed Rs 6.28 cr. This makes the reported Rs 6.62 cr net profit less representative of operating earnings than the headline profit figure alone suggests. Interest of Rs 0.04 cr and depreciation of Rs 0.03 cr were small relative to operating profit, while tax was Rs 2.27 cr at a 25.53% rate.
No market reaction or management commentary yet
The results were filed on 30 Jul 2026 at 13:17 IST, and no post-results share-price reaction is available yet. The release also provides no management commentary to explain the quarter's revenue, costs or the contribution from other income.
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 | ₹100 cr |
| Other income | ₹6 cr |
| Expenses | ₹97 cr |
| Operating profit | ₹3 cr |
| Operating margin (%) | 2.69% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹9 cr |
| Tax | ₹2 cr |
| Net profit | ₹7 cr |
| EPS (₹) | ₹3.61 |
What to watch
- Whether operating profit remains above Rs 2.68 cr in the next quarter.
- Whether other income stays near Rs 6.28 cr or operating profit becomes the larger contributor to profit before tax.
- Whether the tax rate remains close to 25.53%.