India Motor Parts & Accessories Limited (IMPAL) Reports Q1 FY27 Results: Standalone Net Profit Rises 6.3% YoY to ₹21.70 Crore

India Motor Parts & Accessories Limited (IMPAL), a TVS Group company and leading distributor of automotive spare parts, has announced its unaudited standalone financial results for the first quarter ended June 30, 2026 (Q1 FY27). The company recorded steady double-digit top-line growth and improved net profitability on a year-on-year basis.

Standalone Financial Highlights

All figures in ₹ Crore unless explicitly stated otherwise.

On a standalone basis, IMPAL reported a Net Profit After Tax of ₹21.70 crore for Q1 FY27, representing a 6.32% year-on-year increase compared to ₹20.41 crore in the corresponding quarter of the previous fiscal year (Q1 FY26). Sequential profitability declined compared to ₹33.46 crore recorded in Q4 FY26 due to tax adjustments in the preceding quarter.

Total income for the quarter surged 16.92% year-on-year to ₹243.96 crore, up from ₹208.66 crore in Q1 FY26 and ₹228.44 crore in Q4 FY26.

Revenue from Operations: Net revenue from operations grew 19.12% year-on-year to ₹234.29 crore in Q1 FY27, compared to ₹196.69 crore in Q1 FY26 and ₹210.72 crore in Q4 FY26.

Other Income: Stood at ₹9.67 crore for Q1 FY27, compared to ₹11.97 crore in Q1 FY26 and ₹17.72 crore in Q4 FY26.

Total Expenses: Stood at ₹216.52 crore in Q1 FY27, up 18.32% year-on-year from ₹182.99 crore in Q1 FY26. Key cost line items included:

Cost of Materials Consumed / Purchase of Stock-in-Trade: ₹196.96 crore / ₹197.63 crore.

Employee Benefits Expense: Increased to ₹10.68 crore (vs. ₹9.56 crore in Q1 FY26).

Other Expenses: Rose to ₹8.47 crore (vs. ₹6.86 crore in Q1 FY26).

Finance Costs: Remained nil.

Profit Before Tax (PBT): Rose 6.89% year-on-year to ₹27.44 crore for Q1 FY27, compared to ₹25.67 crore in Q1 FY26.

Total Tax Expense: Came in at ₹5.74 crore (including ₹6.01 crore current tax and ₹(0.27) crore deferred tax credit).

Other Comprehensive Income & Total Comprehensive Income

Driven by strong fair value gains on equity investments, IMPAL's overall comprehensive bottom line experienced a substantial expansion during the quarter:

Items that will not be reclassified to Profit or Loss:

Change in Fair Value of Equity Instruments: Recorded a positive gain of ₹183.67 crore during Q1 FY27, reversing a loss of ₹(376.95) crore in Q4 FY26.

Income Tax Effect on OCI: ₹(26.48) crore.

Other Comprehensive Income (Net of Tax): Stood at ₹157.43 crore for Q1 FY27, compared to ₹292.40 crore in Q1 FY26.

Total Comprehensive Income: Surged to ₹179.13 crore for Q1 FY27, compared to a negative total comprehensive income of ₹(289.43) crore in Q4 FY26 and ₹312.81 crore in Q1 FY26.

Share Metrics & Capital Structure

Earnings Per Share (EPS): Basic and diluted EPS for Q1 FY27 increased to ₹17.38 per share (face value ₹10.00 each, not annualised), up from ₹16.35 in Q1 FY26.

Paid-Up Equity Share Capital: Stood unchanged at ₹12.48 crore (face value ₹10.00 per equity share).

Reserves (excluding Revaluation Reserves): Stood at ₹2,295.69 crore as of March 31, 2026.

Shares of India Motor Parts and Accessories Limited was last trading in BSE at Rs. 1076.10 as compared to the previous close of Rs. 1095.15. The total number of shares traded during the day was 208 in over 59 trades.

The stock hit an intraday high of Rs. 1096.10 and intraday low of 1056.65. The net turnover during the day was Rs. 223238.00.

Source : Equity Bulls

Keywords

IndiaMotorPartsandAccessories INE547E01014 IMPAL Q1FY27 Q1FY2027 ResultUpdate