Result:Good· Market: Flat#One-off hit#Base effect
| Metric | Value (₹ Cr) | Q4 FY26 | Q1 FY26 |
|---|---|---|---|
| Revenue | 5.53 | 30.9% | 18.5% |
| Total Income | 6.02 | 26.9% | 16.9% |
| Expenditure | 4.95 | 13.5% | 17.2% |
| PBT | 1.07 | 180.1% | 64.7% |
| Net Profit | 0.70 | 476.9% | 75.2% |
| OPM | 11.68% | 12.93pp | 0.91pp |
| NPM | 11.68% | 9.11pp | 27.41pp |
| EPS | 0.82 | 446.7% | 75.2% |
Core industrials metrics are healthy (revenue +18.5% YoY, OPM up ~90bps to 11.7%) and operating profit actually improved YoY — the reported 75% PAT decline is purely a base effect from an unusually large other-income gain in the year-ago quarter, not core deterioration.
Informational and educational content only. Not investment advice.