Flash Finance

Q1 FY27 quarterly results (April-June 2026)

3,835 companies have declared Q1 FY27 results so far, the latest on 16 Oct 2026.

Across the 3,466 non-financial companies with a year-ago quarter to compare, sales grew +18.6% and net profit +4.4% year on year, and the combined operating margin narrowed 379 bps to 10.7%.

For the 109 banks and lenders, net interest income grew +11.8% and net profit +19.9%.

64% of companies grew net profit; 309 turned a loss into a profit; 43% beat their own profit trend and 40% fell short of it.

Updated 16 Oct 2026, 18:47 IST 3835 declared
The next results season has started: 133 companies have filed results for the quarter ended 30 Sep 2026. See them →

Q1 FY27 scoreboard

Sales growth
+18.6%
YoY, 3466 companies combined; median +15.3%
Net profit growth
+4.4%
YoY combined; median +20.7%
Operating margin
10.7%
-379 bps YoY
Grew profit
64%
309 turnarounds, 218 into loss
Vs own profit trend
43% / 40%
above / below, 17% in line
Banks: NII growth
+11.8%
109 lenders; profit +19.9%
Price since results
-4.0%
median; 38% of 3405 stocks up
Vs management guidance
3 / 1
ahead / behind of 5 with guidance
Other-income heavy
1059
25%+ of pre-tax profit from other income & one-offs

Latest Q1 FY27 results 3835

Page 123 of 128

Vibhor Steel Tubes Limited

VSTL · Iron & Steel · Q1 FY27 · Consolidated
M Cap
₹194 Cr
P/E
—
PEG
—
₹ CrYoY Jun 2026Jun 2025
Sales +27.2% 294231
Operating profit +18.7% 12.110.2
OPM % -29 bps 4.1%4.4%
Other income +250.1% 0.30.1
Net profit? -38.6% 1.93.1
PAT margin % -70 bps 0.7%1.4%
EPS (₹) -38.6% 1.021.66

Quality of profit

Core 88%Other income & one-offs 12%

Pre-tax profit ₹2.6 Cr: core business ₹2.3 Cr, other income ₹0.3 Cr.

Core profit YoY: -43.3% · reported profit -38.6%

📊 Investor presentation (19 Aug) Detailed financials →

Airan Limited

AIRAN · IT Services & Software · Q1 FY27 · Consolidated
M Cap
₹181 Cr
P/E
11.5
PEG
1.64
  • Operating margin contracted 222 bps YoY
  • 74% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -16%)
  • FY26 operating cash flow was only 33% of profit
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +3.3%-14.3% 26.631.025.7
Operating profit -11.8%-33.1% 3.45.13.9
OPM % -222 bps-364 bps 13.0%16.6%15.2%
Other income +284.5%from loss 6.2-2.51.6
Net profit? +107.4%— 6.70.53.2
PAT margin % +1267 bps+2372 bps 25.2%1.5%12.6%
EPS (₹) +116.0%— 0.540.040.25

Quality of profit

Core 26%Other income & one-offs 74%

Pre-tax profit ₹8.4 Cr: core business ₹2.2 Cr, other income ₹6.2 Cr.

Core profit YoY: -15.8% · reported profit +107.4%

Cash & debt

FY26 cash from operations ₹4.0 Cr: 33% of FY26 net profit of ₹12.2 Cr.

Borrowings ₹1.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹26.9₹26.6 -1.4% in line
Net profit₹6.5₹6.7 +3.7% in line
Detailed financials →

Zodiac Clothing Company Limited

ZODIACLOTH · Textiles · Q1 FY27 · Consolidated
M Cap
₹180 Cr
P/E
—
PEG
—
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -14.8%-25.4% 33.344.639.1
Operating profit loss narrowedloss widened -3.2-0.4-3.9
OPM % +24 bps-892 bps -9.7%-0.8%-10.0%
Other income -11.4%-47.0% 2.34.32.6
Net profit? loss narrowedloss widened -8.9-5.3-9.3
PAT margin % -297 bps-1500 bps -26.8%-11.8%-23.8%
EPS (₹) loss narrowedloss widened -3.25-1.92-3.59

Quality of profit

Pre-tax profit −₹9.4 Cr: core business −₹11.7 Cr, other income ₹2.3 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations ₹9.0 Cr.

Borrowings ₹107 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹36.9₹33.3 -9.7% below
Detailed financials →

Aeroflex Neu Limited

AERONEU · Packaging · Q1 FY27 · Consolidated
M Cap
₹179 Cr
P/E
175.7
PEG
—
  • Profit -95% below its own trend
  • Operating margin expanded 101 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -4.9%-17.1% 28.234.129.7
Operating profit +35.2%— 1.00.10.7
OPM % +101 bps+322 bps 3.4%0.2%2.4%
Other income -53.7%-51.8% 0.71.41.5
Net profit? -90.1%from loss 0.1-0.90.8
PAT margin % -244 bps+284 bps 0.3%-2.6%2.7%
EPS (₹) -90.3%from loss 0.03-0.350.31

Quality of profit

Pre-tax profit ₹0.2 Cr: core business −₹0.5 Cr, other income ₹0.7 Cr.

Core profit YoY: loss narrowed · reported profit -90.1%

Against its own trend ?

TrendActualGap
Sales₹31.3₹28.2 -9.7% below
Net profit₹1.6₹0.1 -95.1% below
Detailed financials →

Global Vectra Helicorp Limited

GLOBALVECT · Airlines · Q1 FY27 · Standalone
M Cap
₹168 Cr
P/E
—
PEG
—
  • Operating margin expanded 195 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +1.3%+2.7% 131128129
Operating profit +28.6%from loss 12.0-8.39.3
OPM % +195 bps+1564 bps 9.2%-6.5%7.2%
Other income +220.9%-84.7% 6.039.31.9
Net profit loss widenedloss widened -12.0-5.6-9.4
PAT margin % -187 bps-478 bps -9.2%-4.4%-7.3%
EPS (₹) loss widenedloss widened -8.46-3.99-6.74

Quality of profit

Pre-tax profit −₹17.0 Cr: core business −₹23.0 Cr, other income ₹6.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations ₹63.0 Cr.

Borrowings ₹601 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹122₹131 +7.1% above
Detailed financials →

Emmbi Industries Limited

EMMBI · Packaging · Q1 FY27 · Consolidated
M Cap
₹166 Cr
P/E
19.1
PEG
—
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +11.2%-1.0% 116117104
Operating profit +9.3%-2.4% 10.510.89.6
OPM % -16 bps-13 bps 9.1%9.2%9.2%
Other income +80.3%+0.0% 0.10.10.1
Net profit? +54.0%-6.2% 2.32.41.5
PAT margin % +55 bps-11 bps 2.0%2.1%1.4%
EPS (₹) +54.5%-5.6% 1.191.260.77

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹3.0 Cr: core business ₹2.9 Cr, other income ₹0.1 Cr.

Core profit YoY: +42.9% · reported profit +54.0%

Cash & debt

FY26 cash from operations ₹9.0 Cr: 114% of FY26 net profit of ₹7.9 Cr.

Borrowings ₹176 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹114₹116 +2.0% in line
Net profit₹2.4₹2.3 -6.9% in line
Detailed financials →

Virinchi Limited

VIRINCHI · IT Services & Software · Q1 FY27 · Consolidated
M Cap
₹157 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -999% below its own trend
  • Operating margin contracted 1149 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -12.0%+6.3% 70.166.079.7
Operating profit -42.9%+644.0% 14.92.026.1
OPM % -1149 bps+1819 bps 21.2%3.0%32.7%
Other income +94.8%-94.0% 0.11.00.0
Net profit? to lossloss narrowed -2.1-16.00.4
PAT margin % -346 bps+2125 bps -3.0%-24.2%0.5%
EPS (₹) +0.0%from loss 0.04-1.340.04

Quality of profit

Pre-tax profit −₹6.4 Cr: core business −₹6.5 Cr, other income ₹0.1 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations ₹21.0 Cr.

Borrowings ₹273 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹75.6₹70.1 -7.2% below
Net profit₹0.2−₹2.1 -999.0% below
Detailed financials →

The Byke Hospitality Ltd

BYKE · Hotels & Resorts · Q1 FY27 · Standalone
M Cap
₹154 Cr
P/E
22.5
PEG
0.52
  • Profit -43% below its own trend
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +7.6%+3.7% 28.927.826.8
Operating profit +7.0%+5.8% 12.611.911.8
OPM % -21 bps+85 bps 43.7%42.9%43.9%
Other income -30.2%-9.1% 0.30.30.4
Net profit +4.7%+33.9% 2.21.72.1
PAT margin % -22 bps+176 bps 7.8%6.0%8.0%
EPS (₹) +4.9%+34.4% 0.430.320.41

Quality of profit

Core 87%Other income & one-offs 13%

Pre-tax profit ₹2.2 Cr: core business ₹2.0 Cr, other income ₹0.3 Cr.

Core profit YoY: +7.7% · reported profit +4.7%

Cash & debt

FY26 cash from operations ₹22.0 Cr: 328% of FY26 net profit of ₹6.7 Cr.

Borrowings ₹105 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹29.5₹28.9 -2.3% in line
Net profit₹4.0₹2.2 -43.3% below
Detailed financials →

Vikas EcoTech Limited

VIKASECO · Diversified Conglomerates · Q1 FY27 · Consolidated
M Cap
₹143 Cr
P/E
51.6
PEG
—
  • Profit +69% above its own trend
  • Operating margin contracted 249 bps YoY
  • 93% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -90%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +15.1%+2.5% 119116104
Operating profit -48.5%from loss 2.4-1.14.7
OPM % -249 bps+293 bps 2.0%-0.9%4.5%
Other income +192.8%+94.3% 3.01.61.0
Net profit? -15.6%from loss 2.0-0.42.4
PAT margin % -61 bps+206 bps 1.7%-0.4%2.3%
EPS (₹) -50.0%— 0.010.000.02

Quality of profit

Core 7%Other income & one-offs 93%

Pre-tax profit ₹3.3 Cr: core business ₹0.2 Cr, other income ₹3.0 Cr.

Core profit YoY: -90.3% · reported profit -15.6%

Cash & debt

Borrowings ₹38.0 Cr at Sep 2025.

Against its own trend ?

TrendActualGap
Sales₹95.0₹119 +25.4% above
Net profit₹1.2₹2.0 +68.8% above
Detailed financials →

Nephro Care India Limited

NEPHROCARE · Hospitals & Healthcare Services · Q1 FY27 · Consolidated
M Cap
₹141 Cr
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 894 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +68.4%+8.2% 29.227.017.3
Operating profit +503.3%+61.6% 3.62.20.6
OPM % +894 bps+410 bps 12.4%8.3%3.5%
Other income +340.0%-63.9% 0.20.60.1
Net profit? from loss+61.0% 1.61.0-0.7
PAT margin % +927 bps+181 bps 5.5%3.7%-3.8%
EPS (₹) from loss+60.7% 0.980.61-0.39

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹2.6 Cr: core business ₹2.4 Cr, other income ₹0.2 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹2.2 Cr.

Borrowings nil at Mar 2026.

Detailed financials →

Rajshree Polypack Limited

RPPL · Packaging · Q1 FY27 · Consolidated
M Cap
₹138 Cr
P/E
6.8
PEG
0.40
  • Operating margin expanded 171 bps YoY
  • Core business grew faster than reported profit (core profit +110%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +24.7%+12.3% 10391.682.5
Operating profit +42.1%-0.2% 14.414.410.2
OPM % +171 bps-176 bps 14.0%15.8%12.3%
Other income +8.9%+68.0% 2.11.21.9
Net profit? +77.8%+13.8% 7.36.44.1
PAT margin % +211 bps+9 bps 7.1%7.0%4.9%
EPS (₹) +78.2%+14.0% 0.980.860.55

Quality of profit

Core 78%Other income & one-offs 22%

Pre-tax profit ₹9.4 Cr: core business ₹7.3 Cr, other income ₹2.1 Cr.

Core profit YoY: +109.6% · reported profit +77.8%

Cash & debt

FY26 cash from operations ₹19.0 Cr: 110% of FY26 net profit of ₹17.3 Cr.

Borrowings ₹123 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹82.6₹103 +24.6% above
Net profit₹7.1₹7.3 +1.7% in line
📊 Investor presentation (05 Aug) Detailed financials →

Tips Films Limited

TIPSFILMS · Media & Entertainment · Q1 FY27 · Standalone
M Cap
₹137 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Operating margin contracted 6784 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -49.7%— 48.02.495.4
Operating profit to lossloss widened -29.0-3.77.1
OPM % -6784 bps— -60.4%—7.4%
Other income -100.0%-100.0% 0.00.30.2
Net profit to lossloss widened -29.0-3.54.7
PAT margin % -6539 bps— -60.4%—5.0%
EPS (₹) to lossloss widened -68.03-8.0310.96

Quality of profit

Pre-tax profit −₹29.0 Cr: core business −₹29.0 Cr, other income ₹0.0 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations −₹13.0 Cr.

Borrowings ₹188 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹191₹48.0 -74.8% below
Detailed financials →

Keynote Financial Services Limited

KEYFINSERV · NBFC & Finance Companies · Q1 FY27 · Consolidated
M Cap
₹128 Cr
P/E
21.0
PEG
0.25
  • Profit -20% below its own trend
  • Operating margin expanded 333 bps YoY
  • Core business grew faster than reported profit (core profit +30%)
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +21.3%— 19.00.115.7
Operating profit +26.6%from loss 15.0-6.211.8
OPM % +333 bps— 78.9%—75.6%
Other income +7.5%+138.1% 1.00.40.9
Net profit? -4.5%from loss 12.0-9.512.6
PAT margin % -1700 bps— 63.2%—80.2%
EPS (₹) -7.8%from loss 20.80-17.0322.56

Quality of profit

Core 94%Other income & one-offs 6%

Pre-tax profit ₹16.0 Cr: core business ₹15.0 Cr, other income ₹1.0 Cr.

Core profit YoY: +29.9% · reported profit -4.5%

Cash & debt

FY26 cash from operations −₹23.9 Cr: -358% of FY26 net profit of ₹6.7 Cr.

Borrowings ₹4.1 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹24.7₹19.0 -23.2% below
Net profit₹15.0₹12.0 -19.9% below
Detailed financials →

BSL Limited

BSL · Textiles · Q1 FY27 · Standalone
M Cap
₹127 Cr
P/E
35.0
PEG
—
  • Profit +632% above its own trend
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +7.4%+14.8% 170148158
Operating profit +16.8%+41.8% 14.310.112.2
OPM % +68 bps+160 bps 8.4%6.8%7.7%
Other income -69.2%-53.8% 0.10.30.4
Net profit +266.0%from loss 1.7-1.00.5
PAT margin % +72 bps+168 bps 1.0%-0.7%0.3%
EPS (₹) +263.0%from loss 1.67-0.960.46

Quality of profit

Core 94%Other income & one-offs 6%

Pre-tax profit ₹2.2 Cr: core business ₹2.1 Cr, other income ₹0.1 Cr.

Core profit YoY: — · reported profit +266.0%

Cash & debt

FY26 cash from operations ₹49.0 Cr: 2059% of FY26 net profit of ₹2.4 Cr.

Borrowings ₹439 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹154₹170 +10.3% above
Net profit₹0.2₹1.7 +631.9% above
📊 Investor presentation (11 Aug) Detailed financials →

Crown Lifters Limited

CROWN · Engineering & Capital Goods · Q1 FY27 · Standalone
M Cap
₹126 Cr
P/E
14.0
PEG
0.34
  • Profit +59% above its own trend
  • Operating margin contracted 414 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +29.3%+12.0% 13.011.610.1
Operating profit +20.4%+15.2% 7.36.36.0
OPM % -414 bps+152 bps 55.9%54.4%60.1%
Other income -17.4%-12.5% 0.50.60.6
Net profit +4.7%+32.4% 2.92.22.8
PAT margin % -531 bps+348 bps 22.6%19.1%27.9%
EPS (₹) +2.0%+32.3% 2.541.922.49

Quality of profit

Core 88%Other income & one-offs 12%

Pre-tax profit ₹4.0 Cr: core business ₹3.5 Cr, other income ₹0.5 Cr.

Core profit YoY: +9.0% · reported profit +4.7%

Cash & debt

FY26 cash from operations ₹9.5 Cr: 107% of FY26 net profit of ₹8.9 Cr.

Borrowings ₹57.9 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹11.6₹13.0 +12.3% above
Net profit₹1.8₹2.9 +59.2% above
Detailed financials →

Uravi Defence and Technology Limited

URAVIDEF · Auto Components · Q1 FY27 · Consolidated
M Cap
₹123 Cr
P/E
53.2
PEG
—
  • Profit +44% above its own trend
  • Operating margin contracted 530 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • FY26 operating cash flow was only 14% of profit
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +3.1%+4.8% 10.39.910.0
Operating profit -41.8%+446.2% 0.70.11.2
OPM % -530 bps+555 bps 6.9%1.3%12.2%
Other income +140.0%-56.0% 1.02.20.4
Net profit? +32.1%-53.3% 0.71.50.5
PAT margin % +149 bps-844 bps 6.8%15.2%5.3%
EPS (₹) +60.5%+17.3% 0.610.520.38

Quality of profit

Pre-tax profit ₹0.8 Cr: core business −₹0.1 Cr, other income ₹1.0 Cr.

Core profit YoY: to loss · reported profit +32.1%

Cash & debt

FY26 cash from operations ₹0.3 Cr: 14% of FY26 net profit of ₹2.1 Cr.

Borrowings ₹24.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹10.8₹10.3 -4.7% in line
Net profit₹0.5₹0.7 +43.7% above
Detailed financials →

Orissa Bengal Carrier Limited

OBCL · Logistics · Q1 FY27 · Consolidated
M Cap
₹122 Cr
P/E
—
PEG
—
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -3.3%-16.1% 82.498.285.2
Operating profit +21.9%from loss 2.5-1.82.0
OPM % +62 bps+484 bps 3.0%-1.9%2.4%
Other income -31.1%+945.5% 2.30.23.3
Net profit? -35.3%from loss 1.2-5.21.9
PAT margin % -73 bps+672 bps 1.5%-5.3%2.2%
EPS (₹) -36.0%from loss 0.57-2.450.89

Quality of profit

Pre-tax profit ₹1.6 Cr: core business −₹0.7 Cr, other income ₹2.3 Cr.

Core profit YoY: loss narrowed · reported profit -35.3%

Cash & debt

FY26 cash from operations ₹13.0 Cr.

Borrowings ₹72.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹92.0₹82.4 -10.4% below
Detailed financials →

Anik Industries Limited

ANIKINDS · Trading & Distribution · Q1 FY27 · Consolidated
M Cap
₹117 Cr
P/E
—
PEG
—
  • Profit +100% above its own trend
  • Operating margin expanded 192 bps YoY
  • 49% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -71.7%+68.3% 13.58.047.8
Operating profit +32.0%from loss 0.3-2.70.2
OPM % +192 bps+3577 bps 2.4%-33.3%0.5%
Other income -42.9%-89.0% 0.21.80.3
Net profit? +0.0%from loss 0.2-2.20.2
PAT margin % +122 bps+2894 bps 1.7%-27.2%0.5%
EPS (₹) +0.0%from loss 0.08-0.790.08

Quality of profit

Core 51%Other income & one-offs 49%

Pre-tax profit ₹0.4 Cr: core business ₹0.2 Cr, other income ₹0.2 Cr.

Core profit YoY: from loss · reported profit +0.0%

Cash & debt

Borrowings ₹19.0 Cr at Sep 2025.

Against its own trend ?

TrendActualGap
Sales₹75.1₹13.5 -82.0% below
Net profit₹0.1₹0.2 +100.0% above
Detailed financials →

Aksh Optifibre Limited

AKSHOPTFBR · Cables & Wires · Q1 FY27 · Consolidated
M Cap
₹114 Cr
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 2409 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +85.0%+22.1% 49.940.826.9
Operating profit from loss+544.4% 10.31.6-0.9
OPM % +2409 bps+1676 bps 20.7%3.9%-3.4%
Other income from loss-73.6% 1.66.0-0.7
Net profit? from loss+110.3% 4.72.2-6.5
PAT margin % +3341 bps+396 bps 9.4%5.5%-24.0%
EPS (₹) from loss+107.1% 0.290.14-0.40

Quality of profit

Core 76%Other income & one-offs 24%

Pre-tax profit ₹6.5 Cr: core business ₹5.0 Cr, other income ₹1.6 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹0.0 Cr.

Borrowings ₹102 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹28.6₹49.9 +74.4% above
Detailed financials →

Global Surfaces Limited

GSLSU · Building Materials · Q1 FY27 · Consolidated
M Cap
₹108 Cr
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 206 bps YoY
  • 40% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -12.2%+45.4% 65.445.074.5
Operating profit +4.8%from loss 8.3-19.08.0
OPM % +206 bps+5496 bps 12.7%-42.2%10.7%
Other income -15.9%-98.1% 0.210.00.2
Net profit? from lossfrom loss 0.1-23.0-0.6
PAT margin % +86 bps+5120 bps 0.1%-51.1%-0.8%
EPS (₹) from lossfrom loss 0.04-5.27-0.10

Quality of profit

Core 60%Other income & one-offs 40%

Pre-tax profit ₹0.5 Cr: core business ₹0.3 Cr, other income ₹0.2 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹27.0 Cr.

Borrowings ₹214 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹90.6₹65.4 -27.8% below
📊 Investor presentation (11 Aug) Detailed financials →

Palash Securities Limited

PALASHSECU · NBFC & Finance Companies · Q1 FY27 · Consolidated
M Cap
₹90.0 Cr
P/E
6.8
PEG
0.15
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -97.7%+158.3% 0.30.113.6
Operating profit loss narrowedloss narrowed -1.5-4.8-2.3
Other income -25.0%-40.0% 0.10.10.1
Net profit? loss narrowedloss narrowed -1.5-4.1-3.0
EPS (₹) loss narrowedloss narrowed -1.47-4.14-1.57

Quality of profit

Pre-tax profit −₹1.4 Cr: core business −₹1.5 Cr, other income ₹0.1 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹18.0 Cr: -154% of FY26 net profit of ₹11.7 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹16.4₹0.3 -98.1% below
Detailed financials →

GSM Foils Limited

GSMFOILS · Aluminium · Q1 FY27 · Standalone
M Cap
₹87.0 Cr
P/E
3.7
PEG
—
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +86.3%+18.6% 96.981.752.0
Operating profit +97.8%+22.1% 11.59.45.8
OPM % +69 bps+34 bps 11.9%11.5%11.2%
Other income +150.0%+15.4% 0.10.10.1
Net profit +99.0%+21.3% 7.66.33.8
PAT margin % +50 bps+18 bps 7.9%7.7%7.4%
EPS (₹) +98.9%+21.3% 5.414.462.72

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹10.2 Cr: core business ₹10.0 Cr, other income ₹0.1 Cr.

Core profit YoY: +88.2% · reported profit +99.0%

Cash & debt

FY26 cash from operations −₹37.0 Cr: -187% of FY26 net profit of ₹19.8 Cr.

Borrowings ₹44.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹96.4₹96.9 +0.6% in line
Net profit₹7.7₹7.6 -0.5% in line
Detailed financials →

Narmada Agrobase Limited

NARMADA · Animal Feed · Q1 FY27 · Consolidated
M Cap
₹87.0 Cr
P/E
24.2
PEG
0.30
  • Operating margin contracted 765 bps YoY
  • 28% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +100.9%-34.5% 22.334.011.1
Operating profit -28.0%-3.1% 0.91.01.3
OPM % -765 bps+139 bps 4.3%2.9%11.9%
Other income -15.2%-12.5% 0.30.30.3
Net profit? -26.5%-6.3% 0.80.81.0
PAT margin % -584 bps+102 bps 3.4%2.4%9.2%
EPS (₹) -23.1%-9.1% 0.100.110.13

Quality of profit

Core 72%Other income & one-offs 28%

Pre-tax profit ₹1.0 Cr: core business ₹0.7 Cr, other income ₹0.3 Cr.

Core profit YoY: -29.1% · reported profit -26.5%

Detailed financials →

Cinevista Limited

CINEVISTA · Media & Entertainment · Q1 FY27 · Consolidated
M Cap
₹82.0 Cr
P/E
13.5
PEG
0.45
  • Operating margin contracted 1079 bps YoY
  • Core business grew faster than reported profit (core profit +79%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +61.8%+2.6% 7.57.34.6
Operating profit +20.1%-25.1% 2.33.11.9
OPM % -1079 bps-1149 bps 31.1%42.6%41.9%
Other income —-83.3% 0.00.10.0
Net profit? +1.0%+22.0% 1.00.81.0
PAT margin % -803 bps+212 bps 13.4%11.2%21.4%
EPS (₹) +0.0%+21.4% 0.170.140.17

Quality of profit

Core 99%Other income & one-offs 1%

Pre-tax profit ₹1.8 Cr: core business ₹1.8 Cr, other income ₹0.0 Cr.

Core profit YoY: +78.8% · reported profit +1.0%

Cash & debt

FY26 cash from operations ₹11.8 Cr: 194% of FY26 net profit of ₹6.1 Cr.

Borrowings ₹15.4 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹9.3₹7.5 -19.1% below
Detailed financials →

NRB Industrial Bearings Limited

NIBL · Bearings & Abrasives · Q1 FY27 · Consolidated
M Cap
₹74.0 Cr
P/E
—
PEG
—
  • Operating margin contracted 178 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +1.9%-8.2% 18.920.618.6
Operating profit loss widenedloss narrowed -1.6-1.9-1.3
OPM % -178 bps+90 bps -8.6%-9.5%-6.8%
Other income -32.8%-25.2% 0.91.11.3
Net profit? loss widenedloss narrowed -6.6-6.7-5.1
PAT margin % -743 bps-212 bps -34.9%-32.8%-27.4%
EPS (₹) loss widenedloss narrowed -2.72-2.78-2.10

Quality of profit

Pre-tax profit −₹6.7 Cr: core business −₹7.6 Cr, other income ₹0.9 Cr.

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations −₹4.0 Cr.

Borrowings ₹138 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹22.1₹18.9 -14.5% below
Detailed financials →

ICDS Limited

ICDSLTD · Commercial & Business Services · Q1 FY27 · Consolidated
M Cap
₹58.0 Cr
P/E
89.6
PEG
2.13
  • Operating margin contracted 4641 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -20.8%+17.3% 0.60.50.8
Operating profit -97.3%from loss 0.0-0.50.4
OPM % -4641 bps+8818 bps 1.6%-86.5%48.1%
Other income -11.8%— 1.10.11.3
Net profit? -32.6%from loss 0.9-0.41.4
EPS (₹) -33.0%from loss 0.71-0.321.06

Quality of profit

Pre-tax profit ₹1.0 Cr: core business −₹0.1 Cr, other income ₹1.1 Cr.

Core profit YoY: to loss · reported profit -32.6%

Cash & debt

FY26 cash from operations ₹1.6 Cr: 147% of FY26 net profit of ₹1.1 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹0.8₹0.6 -25.2% below
Detailed financials →

Future Market Networks Limited

FMNL · Commercial & Business Services · Q1 FY27 · Consolidated
M Cap
₹55.0 Cr
P/E
6.9
PEG
0.25
  • Profit +146% above its own trend
  • Operating margin contracted 775 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +0.8%-3.1% 24.625.424.4
Operating profit -15.0%-9.6% 10.211.312.1
OPM % -775 bps-300 bps 41.6%44.6%49.3%
Other income +35.7%+26.8% 3.12.52.3
Net profit? +23.1%-7.7% 1.82.01.5
PAT margin % +133 bps-36 bps 7.3%7.7%6.0%
EPS (₹) +23.1%+10.3% 0.320.290.26

Quality of profit

Pre-tax profit ₹1.4 Cr: core business −₹1.7 Cr, other income ₹3.1 Cr.

Core profit YoY: loss widened · reported profit +23.1%

Cash & debt

FY26 cash from operations ₹41.3 Cr: 540% of FY26 net profit of ₹7.7 Cr.

Borrowings ₹146 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹23.6₹24.6 +4.6% in line
Net profit₹0.7₹1.8 +146.3% above
Detailed financials →

Hybrid Financial Services Limited

HYBRIDFIN · NBFC & Finance Companies · Q1 FY27 · Standalone
M Cap
₹47.0 Cr
P/E
17.5
PEG
0.47
  • Profit +549% above its own trend
  • Operating margin expanded 1094 bps YoY
  • 75% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +650%)
  • FY26 operating cash flow was only 36% of profit
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +214.7%-7.8% 1.11.20.3
Operating profit +800.0%from loss 0.2-0.60.0
OPM % +1094 bps+6510 bps 16.8%-48.3%5.9%
Other income +450.0%-58.1% 0.41.10.1
Net profit +480.0%+31.8% 0.60.40.1
PAT margin % +2479 bps+1627 bps 54.2%37.9%29.4%
EPS (₹) +566.7%+33.3% 0.200.150.03

Quality of profit

Core 25%Other income & one-offs 75%

Pre-tax profit ₹0.6 Cr: core business ₹0.1 Cr, other income ₹0.4 Cr.

Core profit YoY: +650.0% · reported profit +480.0%

Cash & debt

FY26 cash from operations ₹0.7 Cr: 36% of FY26 net profit of ₹2.1 Cr.

Borrowings ₹0.7 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹0.4₹1.1 +177.4% above
Net profit₹0.1₹0.6 +549.4% above
Detailed financials →

RKEC Projects Limited

RKEC · Construction & Infrastructure · Q1 FY27 · Consolidated
M Cap
₹47.0 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -999% below its own trend
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -77.7%-57.5% 17.040.076.1
Operating profit to lossloss narrowed -19.0-44.011.3
Other income +100.0%-50.0% 1.02.00.5
Net profit? to lossloss narrowed -17.0-41.03.4
PAT margin % -10443 bps— -100.0%—4.4%
EPS (₹) to lossloss narrowed -6.70-16.061.40

Quality of profit

Pre-tax profit −₹24.0 Cr: core business −₹25.0 Cr, other income ₹1.0 Cr.

Core profit YoY: to loss

Cash & debt

Borrowings ₹190 Cr at Sep 2025.

Against its own trend ?

TrendActualGap
Sales₹38.0₹17.0 -55.3% below
Net profit₹1.7−₹17.0 -999.0% below
Detailed financials →

Gayatri Highways Limited

GAYAHWS · Construction & Infrastructure · Q1 FY27 · Consolidated
M Cap
₹42.0 Cr
P/E
—
PEG
—
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales —-51.3% 7.114.60.0
Operating profit from loss-40.5% 0.50.8-0.2
OPM % —+128 bps 7.1%5.8%—
Other income -98.5%-7.0% 0.50.635.6
Net profit? loss widenedto loss -2.86.9-2.1
PAT margin % —-8734 bps -39.9%47.4%—
EPS (₹) loss widenedto loss -0.120.29-0.09

Quality of profit

Pre-tax profit −₹2.7 Cr: core business −₹3.3 Cr, other income ₹0.5 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹27.1 Cr.

Borrowings ₹404 Cr at Mar 2026.

Detailed financials →

How to read this page

The numbers. Each card is one company's Q1 FY27 results as filed with NSE or BSE, read from the filing within hours of its release, in ₹ crore. We show the consolidated statement, or the standalone one when the consolidated figures are a copy of it or have no year-ago quarter to compare with. YoY compares with the same quarter a year earlier and QoQ with the quarter before (the previous half-year for companies that report every six months). A swing between profit and loss is described in words: a percentage across it would mislead.

Net profit. On a consolidated statement, net profit is the profit of the whole group for the quarter, before minority interest. A company's own headline, and the AI read of its filing, often quote the profit attributable to its shareholders instead, which is lower when subsidiaries are partly owned: Larsen & Toubro's Q1 FY27 group profit was ₹4,988 Cr, of which ₹4,123 Cr belonged to its shareholders. EPS is worked out on that attributable profit, so EPS and net profit need not grow at the same rate. On a standalone statement the two are the same.

Margins. Operating margin (OPM) is operating profit, before depreciation, interest and other income, as a share of sales; PAT margin is net profit as a share of sales. Their changes are in basis points (100 bps = 1 percentage point).

Quality of profit. Core profit is operating profit minus interest and depreciation: what the business itself earned before tax. The rest of pre-tax profit is other income (interest on cash, dividends, gains on investments) and exceptional or one-off items. We flag a quarter when that share is 25% or more, and when reported profit grew much faster than core profit. For banks we compare pre-provision profit with net profit, since a fall in provisions can lift profit without the business growing.

Against its own trend. We do not have analyst consensus estimates, and we do not make them up. Instead each company is measured against the path it was on: the same quarter last year, grown at the median of its last four year-on-year growth rates (held between −50% and +100%; at least two growth rates needed). Sales 5% or more above that, or net profit 10% or more above, is "above trend"; as far below is "below trend". It answers "was this quarter better or worse than the company's own recent run?", which consensus does not.

Cash and debt. Profit is an accounting figure; cash is harder to dress up. For each company we show its operating cash flow for the last financial year as a share of that year's net profit (flagged under 50%, or when it is negative despite a profit), and its borrowings at the latest balance sheet against the one six months earlier (flagged at a 25% move). Balance sheets come with the September and March results, the year's cash-flow statement with the March results and the half-year's (April to September) with the September results.

Management guidance. When a company files the transcript of its earnings call, we read what its management said to expect: revenue or profit growth, margins, capex and the like, for this financial year or part of it. A figure is kept only when the sentence that states it is found in the transcript, and you can read it under "What management said". Growth and margins are then set beside the actual so far: the year-to-date quarters against the same quarters a year earlier (so the first half is measured against a full-year figure). Within 1 percentage point of the range for growth, or 0.5 for margins, is "on track"; above it "ahead", below it "behind". A new figure for the same period is marked raised or cut against the one before. This is what management said, not a forecast of ours.

Working capital. Inventory, trade receivables and trade payables from the same balance sheets, each also as days of sales (the amount against the twelve months' sales to that date, times 365). Receivables or inventory that grow 25 points or more faster than sales between two balance sheets (and by at least 20%) are flagged: money tied up in customers and stock is profit not yet in cash. These lines are read from filings since the September 2026 results, so comparisons with an earlier balance sheet start with the March 2027 results for most companies.

Price since results. The latest close against the last close before the filing (a filing after 3:30 pm counts from the next session). It is a fact about the market's reaction, not advice.

Market cap groups. Large cap is the 100 largest companies by market value and mid cap the next 150 (SEBI's ranking); below that, small cap is ₹5,000 Cr or more, micro cap ₹500 Cr or more, nano cap below.

Results calendarWho reports results today, tomorrow and this week. Strong quarterly resultsCompanies whose latest quarter showed profit up 30% or more. Live announcementsEvery NSE/BSE filing with an AI read, as it arrives. Company fundamentalsTen years of quarterly and annual financials.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI