Interest and depreciation cut VIP Clothing's operating profit to Rs 2.63 cr
Standalone net profit was Rs 1.91 cr after a 27.39% tax rate; the results were filed after market close.
Filed 13 Aug 2026, 18:21 IST · after market close · VIPCLOTHNG (VIPCLOTHNG)
Key takeaways
- Standalone revenue of Rs 64.69 cr produced Rs 5.07 cr of operating profit, implying a 7.84% operating margin.
- Interest of Rs 1.87 cr and depreciation of Rs 0.73 cr reduced operating profit to Rs 2.63 cr before tax.
- Net profit was Rs 1.91 cr after a 27.39% tax rate, while other income was limited to Rs 0.16 cr.
Operating profit narrowed materially below revenue
VIP Clothing reported standalone revenue of Rs 64.69 cr and operating profit of Rs 5.07 cr in Q1FY27. The 7.84% operating margin shows that only a modest portion of revenue remained after operating expenses.
Interest was the main charge below operations
Interest expense of Rs 1.87 cr was more than twice depreciation of Rs 0.73 cr, taking profit before tax down to Rs 2.63 cr. Other income of Rs 0.16 cr made only a limited contribution to reported profit.
Tax reduced profit further
A 27.39% tax rate reduced profit before tax of Rs 2.63 cr to standalone net profit of Rs 1.91 cr. Basic EPS was Rs 0.21 for the quarter.
Market reaction will follow the after-close filing
The company filed its results after market close on 13 Aug 2026. The next trading session will provide the first market reaction to the quarter.
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 | ₹65 cr |
| Other income | ₹0 cr |
| Expenses | ₹60 cr |
| Operating profit | ₹5 cr |
| Operating margin (%) | 7.84% |
| Interest | ₹2 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹3 cr |
| Tax | ₹1 cr |
| Net profit | ₹2 cr |
| EPS (₹) | ₹0.21 |
What to watch
- Whether operating margin holds above 7.84%.
- Whether interest expense remains below Rs 1.87 cr.
- Whether the tax rate stays near 27.39%.