Interest and depreciation left VSTL with Rs 1.93 cr profit
Operating profit of Rs 12.07 cr translated into only Rs 2.62 cr of pre-tax profit, with results filed after market close.
Filed 06 Aug 2026, 16:41 IST · after market close · VSTL (VSTL)
Key takeaways
- Consolidated operating profit was Rs 12.07 cr, leaving an operating margin of 4.11% in Q1FY27.
- Interest of Rs 3.93 cr and depreciation of Rs 5.82 cr reduced operating profit to pre-tax profit of Rs 2.62 cr.
- Net profit was Rs 1.93 cr after a 26.22% tax rate, while other income contributed only Rs 0.30 cr.
Low operating conversion in Q1FY27
VSTL reported consolidated revenue of Rs 293.69 cr and operating profit of Rs 12.07 cr, implying a 4.11% operating margin. The result produced net profit of Rs 1.93 cr and EPS of Rs 1.02. With no year-on-year or sequential comparison provided, the quarter's absolute profitability is the clearest read.
Interest and depreciation absorbed most operating profit
Interest of Rs 3.93 cr and depreciation of Rs 5.82 cr together were a major drag below operating profit, leaving pre-tax profit at Rs 2.62 cr. Other income was Rs 0.30 cr, so it was not the main source of reported pre-tax profit. Tax was Rs 0.69 cr at a 26.22% rate, taking net profit to Rs 1.93 cr.
No market reaction yet
The consolidated results were filed after market close on 06 Aug 2026.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹294 cr |
| Other income | ₹0 cr |
| Expenses | ₹282 cr |
| Operating profit | ₹12 cr |
| Operating margin (%) | 4.11% |
| Interest | ₹4 cr |
| Depreciation | ₹6 cr |
| Profit before tax | ₹3 cr |
| Tax | ₹1 cr |
| Net profit | ₹2 cr |
| EPS (₹) | ₹1.02 |
What to watch
- Whether operating margin moves above or below 4.11% next quarter.
- Whether interest remains close to Rs 3.93 cr against operating profit of Rs 12.07 cr.
- Whether depreciation remains near Rs 5.82 cr and continues to limit pre-tax profit of Rs 2.62 cr.