Rs 13.21 cr tax charge drives Willamagar loss despite pre-tax profit
Consolidated revenue was zero, while other income supported pre-tax profit before the tax charge pushed net profit to -Rs 12.54 cr.
Filed 12 Aug 2026, 17:32 IST · after market close · WILLAMAGOR (WILLAMAGOR)
Key takeaways
- A consolidated tax charge of Rs 13.21 cr turned pre-tax profit of Rs 0.67 cr into a net loss of Rs 12.54 cr.
- Revenue was Rs 0.00 cr, leaving operating profit at -Rs 0.28 cr and operating margin at -138,950.00%.
- Other income of Rs 1.16 cr exceeded pre-tax profit, making it the main source of reported income this quarter.
Zero revenue left the operating business loss-making
The consolidated accounts reported no revenue in Q1FY27, while expenses were Rs 0.28 cr and operating profit was -Rs 0.28 cr. Operating margin was therefore -138,950.00%, a ratio distorted by the zero-revenue base rather than a meaningful measure of operating efficiency.
Other income could not offset the tax charge
Other income of Rs 1.16 cr more than offset the operating loss and interest expense of Rs 0.22 cr, resulting in pre-tax profit of Rs 0.67 cr. The Rs 13.21 cr tax charge was far larger than pre-tax profit, producing a tax rate of 1,982.80% and a net loss of Rs 12.54 cr. This makes reported profit quality weak, since the pre-tax result depended on other income and did not translate into net profit.
No market reaction yet
The consolidated results were filed after market close on 12 August 2026, so there is no reported share-price reaction to assess. There is also no prior-quarter or year-ago comparison in the reported results, leaving the zero-revenue operating position and unusually high tax charge as the main signals for the quarter.
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 | ₹0 cr |
| Other income | ₹1 cr |
| Expenses | ₹0 cr |
| Operating profit | ₹-0 cr |
| Operating margin (%) | -138950.00% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹1 cr |
| Tax | ₹13 cr |
| Net profit | ₹-13 cr |
| EPS (₹) | ₹-11.45 |
What to watch
- Whether revenue resumes from Rs 0.00 cr in Q1FY27.
- Whether operating profit improves from -Rs 0.28 cr.
- Whether the tax rate moves away from 1,982.80%.