Expenses exceeded revenue, leaving VPRPL with a Rs 39.32 cr loss
The standalone operating loss was Rs 34.02 cr, while a Rs 11.85 cr tax benefit partly offset interest and depreciation.
Filed 13 Aug 2026, 21:02 IST · after market close · VPRPL (VPRPL)
Key takeaways
- Standalone operations were loss-making, with expenses of Rs 171.89 cr against revenue of Rs 137.88 cr and an operating loss of Rs 34.02 cr.
- Interest of Rs 13.26 cr and depreciation of Rs 5.45 cr widened the standalone pre-tax loss to Rs 51.16 cr.
- A tax benefit of Rs 11.85 cr partly reduced the standalone net loss to Rs 39.32 cr, while other income was Rs 1.56 cr.
Standalone operations remained below break-even
Revenue did not cover expenses in Q1FY27: the gap was Rs 34.02 cr, resulting in a negative operating margin of 24.67%. The loss was therefore rooted in the operating business rather than below-the-line items.
Interest and depreciation deepened the pre-tax loss
Interest of Rs 13.26 cr and depreciation of Rs 5.45 cr added to the operating loss, taking the standalone pre-tax loss to Rs 51.16 cr. The Rs 11.85 cr tax benefit partly offset that loss and brought the net loss to Rs 39.32 cr. Other income of Rs 1.56 cr was not large enough to alter the result materially.
Results were filed after market close
The standalone results were filed at 21:02 IST on 13 August 2026, after the market closed. There is therefore no market reaction to assess yet.
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 | ₹138 cr |
| Other income | ₹2 cr |
| Expenses | ₹172 cr |
| Operating profit | ₹-34 cr |
| Operating margin (%) | -24.67% |
| Interest | ₹13 cr |
| Depreciation | ₹5 cr |
| Profit before tax | ₹-51 cr |
| Tax | ₹-12 cr |
| Net profit | ₹-39 cr |
| EPS (₹) | ₹-3.15 |
What to watch
- Whether revenue of Rs 137.88 cr begins to cover expenses of Rs 171.89 cr.
- Whether operating margin improves from -24.67%.
- Whether interest remains below Rs 13.26 cr.