KARAMTARA · Power Generation/Distribution
Karamtara Engineering reported revenue of ₹1,581 cr for April to June 2026, +72.2% on the year and +25.8% on the quarter.
Operating profit (EBITDA) was ₹174 cr, a margin of 11.0%, −207 bps on the year and +257 bps on the quarter. Operating costs grew +76.3%, faster than revenue at +72.2%, so operating profit grew less than sales.
Net profit was ₹87.0 cr, +45.0% on the year and +128.9% on the quarter, with earnings per share of ₹2.99. Profit before other income, one-offs and tax grew 41.3%, so 4 points of the headline growth came from outside the core business.
Most power earnings are regulated returns on equity, with fuel costs passed through, so revenue can swing with fuel prices while profit moves far less. The quarterly statements do not carry plant load factor, capacity added and regulated equity; those come with the filing read.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Operating margin slipped on the year.
Source: Quarterly statements
Could not run on this quarter: Exceptional items that recur, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
Net profit a year ago, each driver's change, and net profit now. Blue added profit, red took it away.
FinMinutes scored the offer document 73/100 before listing. 0 quarters of numbers since. Promise against delivery
| Q1 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|
| Revenue | ₹918 cr | ₹1,257 cr | ₹1,581 cr |
| YoY | — | — | +72% |
| EBITDA margin | 13.1% | 8.4% | 11.0% |
| Other income, % of PBT | 1% | 4% | 3% |
| Exceptional items | — | — | — |
| Tax rate | 26% | 25% | 25% |
| Net profit | ₹60.0 cr | ₹38.0 cr | ₹87.0 cr |
| YoY | — | — | +45% |
| Core profit YoY | — | — | +41% |
| EPS | ₹2.06 | ₹1.31 | ₹2.99 |
| Flags | · | · | ✓ |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Karamtara Engineering reported revenue of ₹1,581 cr (+72.2% on the year) and net profit of ₹87.0 cr (+45.0% on the year) for April to June 2026.
Profit before other income, exceptional items and tax moved +41.3% on the year, against +45.0% for reported profit.
None of the 7 checks that could run raised a question.
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