Interest and depreciation cut ZODIAC's Rs 15.81 cr operating profit to Rs 7 cr
Other income of Rs 1.49 cr also contributed to consolidated profit before tax of Rs 9.81 cr.
Filed 13 Aug 2026, 12:31 IST · ZODIAC (ZODIAC)
Key takeaways
- ZODIAC reported consolidated net profit of Rs 7 cr on revenue of Rs 141.81 cr in Q1FY27.
- Operating profit of Rs 15.81 cr translated into an 11.15% operating margin after expenses of Rs 126 cr.
- Interest of Rs 5.18 cr and depreciation of Rs 2.31 cr reduced profit before tax to Rs 9.81 cr.
Operating profit narrowed materially before finance costs
ZODIAC's consolidated revenue reached Rs 141.81 cr, while expenses were Rs 126 cr, leaving Rs 15.81 cr of operating profit. The 11.15% operating margin shows that most of the quarter's revenue was absorbed by operating costs.
Finance costs were a major step between operations and profit
Interest of Rs 5.18 cr and depreciation of Rs 2.31 cr reduced operating profit of Rs 15.81 cr to profit before tax of Rs 9.81 cr. Other income added Rs 1.49 cr, so reported profit included a non-operating contribution rather than coming entirely from operations. The consolidated tax rate was 28.64%, resulting in net profit of Rs 7 cr.
No comparison or market reaction is available for this filing
The company reported consolidated EPS of Rs 4.57 for Q1FY27. There are no quarter-on-quarter or year-on-year comparisons in this release, and no post-results stock reaction is recorded.
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 | ₹142 cr |
| Other income | ₹1 cr |
| Expenses | ₹126 cr |
| Operating profit | ₹16 cr |
| Operating margin (%) | 11.15% |
| Interest | ₹5 cr |
| Depreciation | ₹2 cr |
| Profit before tax | ₹10 cr |
| Tax | ₹3 cr |
| Net profit | ₹7 cr |
| EPS (₹) | ₹4.57 |
What to watch
- Whether operating margin holds above 11.15%.
- Whether interest remains close to or below Rs 5.18 cr.
- Whether other income remains a contributor alongside operating profit of Rs 15.81 cr.