Q1FY27 · Standalone

Vishwaraj reports Rs 25.84 cr standalone loss as expenses exceed revenue

The company had a -10.14% operating margin, while interest and depreciation deepened the loss below the operating line.

By Ashutosh

Filed 13 Aug 2026, 18:04 IST · after market close · VISHWARAJ (VISHWARAJ)

Key takeaways

  • Vishwaraj reported a standalone net loss of Rs 25.84 cr in Q1FY27, with EPS at Rs -1.19.
  • Expenses of Rs 117.92 cr exceeded revenue of Rs 107.07 cr, resulting in a -10.14% operating margin.
  • Interest of Rs 12.01 cr and depreciation of Rs 6.13 cr added to the operating loss, while the tax charge was Rs 0.00 cr.

Revenue did not cover the cost base

Vishwaraj's standalone expenses were Rs 117.92 cr against revenue of Rs 107.07 cr, leaving an operating loss of Rs 10.85 cr. That gap produced a -10.14% operating margin in Q1FY27. Other income of Rs 3.16 cr did not offset the operating loss.

Interest and depreciation widened the loss

Interest of Rs 12.01 cr and depreciation of Rs 6.13 cr pushed the loss before tax to Rs 25.84 cr from the operating loss of Rs 10.85 cr. With no tax charge, the reported net loss matched the pre-tax loss. EPS was Rs -1.19.

Results were filed after market close

The standalone results were filed on 13 August 2026 at 18:04 IST, after the market closed. There is no immediate share-price reaction to assess, and no quarter-on-quarter, year-on-year or multi-quarter trend is available in the reported comparison.

Q1FY27 at a glance

Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ1FY27
Revenue₹107 cr
Other income₹3 cr
Expenses₹118 cr
Operating profit₹-11 cr
Operating margin (%)-10.14%
Interest₹12 cr
Depreciation₹6 cr
Profit before tax₹-26 cr
Tax₹0 cr
Net profit₹-26 cr
EPS (₹)₹-1.19

What to watch

  • Whether revenue exceeds the current expense base of Rs 117.92 cr.
  • Whether operating margin improves from -10.14%.
  • Whether interest remains near Rs 12.01 cr and depreciation near Rs 6.13 cr.