Q1FY27 · Consolidated

Interest and depreciation cut VOEPL operating profit to Rs 9.05 cr net profit

On consolidated Q1FY27 revenue of Rs 375.88 cr, Rs 12.00 cr interest and Rs 10.10 cr depreciation reduced operating profit of Rs 34.33 cr to PBT of Rs 13.01 cr.

By Ashutosh

Filed 12 Aug 2026, 18:48 IST · after market close · VOEPL (VOEPL)

Key takeaways

  • Interest of Rs 12.00 cr and depreciation of Rs 10.10 cr reduced Rs 34.33 cr operating profit to Rs 13.01 cr pre-tax profit.
  • The consolidated quarter ended with Rs 9.05 cr net profit and EPS of Rs 2.84 after a 30.44% tax rate.
  • Other income was Rs 0.78 cr against Rs 13.01 cr pre-tax profit, making it a limited contributor to reported profit.

Operating profit did not carry through to net profit

VOEPL generated Rs 34.33 cr of operating profit on consolidated revenue of Rs 375.88 cr, but financing and asset charges absorbed much of that operating surplus. Interest of Rs 12.00 cr and depreciation of Rs 10.10 cr brought pre-tax profit down to Rs 13.01 cr. The result was Rs 9.05 cr of net profit.

Other income was not a material profit support

Other income contributed Rs 0.78 cr against pre-tax profit of Rs 13.01 cr, so it did not materially alter the quarter's earnings profile. Tax of Rs 3.96 cr, equivalent to a 30.44% tax rate, further reduced pre-tax profit before the company reported EPS of Rs 2.84.

Results were filed after the market close

These were consolidated Q1FY27 results filed at 18:48 IST on 12 August 2026, after market close. No post-results stock reaction is covered here because the filing was too recent.

Q1FY27 at a glance

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

Line itemQ1FY27
Revenue₹376 cr
Other income₹1 cr
Expenses₹342 cr
Operating profit₹34 cr
Operating margin (%)9.13%
Interest₹12 cr
Depreciation₹10 cr
Profit before tax₹13 cr
Tax₹4 cr
Net profit₹9 cr
EPS (₹)₹2.84

What to watch

  • Whether interest expense moves below or above the Rs 12.00 cr reported in Q1FY27.
  • Whether operating margin holds at 9.13% as depreciation remains at Rs 10.10 cr.
  • Whether other income remains limited relative to the Rs 13.01 cr pre-tax profit.

Figures are as filed by the company with the NSE and are reproduced automatically. Educational market commentary only — not investment advice and not a recommendation to buy or sell any security. Results filed 12 Aug '26.