VNL's Q1FY27 profit absorbed Rs 3.38 cr in interest
Standalone operating margin was 15.82%, while other income contributed only Rs 0.63 cr to pre-tax profit.
Filed 28 Oct 2026, 16:57 IST · after market close · VNL (VNL)
Key takeaways
- VNL reported standalone net profit of Rs 6.88 cr in Q1FY27 after Rs 3.38 cr of interest and Rs 2.49 cr of depreciation.
- Operating margin stood at 15.82%, with operating profit of Rs 13.75 cr on revenue of Rs 86.96 cr.
- Other income was limited to Rs 0.63 cr, while the reported tax rate was 19.21%.
Financing and depreciation weighed on profit conversion
VNL's standalone operating profit of Rs 13.75 cr became pre-tax profit of Rs 8.52 cr after interest of Rs 3.38 cr and depreciation of Rs 2.49 cr. Net profit was Rs 6.88 cr after a 19.21% tax rate.
Margin was driven by the operating cost base
Revenue was Rs 86.96 cr against expenses of Rs 73.21 cr, leaving an operating margin of 15.82%. Other income of Rs 0.63 cr was modest relative to pre-tax profit, so reported earnings were mainly tied to operations rather than non-operating income.
No market reaction yet after the late filing
The results were filed after market close on 28 October 2026, so there is no reported market reaction to assess. There is also no quarter-on-quarter, year-on-year or multi-quarter trend in the available 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 | ₹87 cr |
| Other income | ₹1 cr |
| Expenses | ₹73 cr |
| Operating profit | ₹14 cr |
| Operating margin (%) | 15.82% |
| Interest | ₹3 cr |
| Depreciation | ₹2 cr |
| Profit before tax | ₹9 cr |
| Tax | ₹2 cr |
| Net profit | ₹7 cr |
| EPS (₹) | ₹3.47 |
What to watch
- Whether operating margin moves from 15.82% next quarter.
- Whether interest remains near Rs 3.38 cr as operating profit changes.
- Whether the tax rate stays near 19.21%.