Financial Results Approval

The Board approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026, along with the Limited Review Report issued by the statutory auditors, M/s. Salarpuria & Partners.

Standalone Financial Performance (Rs. in Lakh)

  • Revenue from Operations: Rs 2,976.49 (Q1 FY27) vs Rs 2,101.34 (Q1 FY26)
  • Total Income: Rs 3,074.03 (Q1 FY27) vs Rs 2,173.12 (Q1 FY26)
  • Profit/(Loss) before tax: Rs 18.90 profit (Q1 FY27) vs Rs (430.76) loss (Q1 FY26)
  • Tax Expense: Rs 0.65 (Deferred Tax)
  • Profit/(Loss) for the period: Rs 18.25 profit (Q1 FY27) vs Rs (394.95) loss (Q1 FY26)
  • Total Comprehensive Income: Rs 18.96 (Q1 FY27) vs Rs (394.56) (Q1 FY26)
  • Earnings Per Share (Basic): Rs 0.59 (Q1 FY27) vs Rs (12.74) (Q1 FY26)
  • Paid-up Equity Share Capital: Rs 310.00 (Face Value Rs 10/- each)

Consolidated Financial Performance (Rs. in Lakh)

  • Revenue from Operations: Rs 7,160.25 (Q1 FY27) vs Rs 5,562.89 (Q1 FY26)
  • Total Income: Rs 7,278.64 (Q1 FY27) vs Rs 5,674.06 (Q1 FY26)
  • Profit/(Loss) before tax: Rs 355.95 profit (Q1 FY27) vs Rs (205.85) loss (Q1 FY26)
  • Tax Expense: Current Tax Rs 89.14 + Deferred Tax Rs 9.11 = Total Rs 98.25
  • Profit/(Loss) for the period: Rs 257.70 profit (Q1 FY27) vs Rs (228.97) loss (Q1 FY26)
  • Total Comprehensive Income: Rs 261.36 (Q1 FY27) vs Rs (228.58) (Q1 FY26)
  • Attributable to Owners of Parent: Rs 192.13
  • Attributable to Non-Controlling Interest: Rs 69.23
  • Earnings Per Share (Basic & Diluted): Rs 6.11 (Q1 FY27) vs Rs (8.96) (Q1 FY26)
  • Paid-up Equity Share Capital: Rs 310.00 (Face Value Rs 10/- each)

Segment-Wise Performance (Consolidated, Q1 FY27, Rs. in Lakh)

  • Revenue:
  • Tea: Rs 2,979.69
  • Paper Sacks: Rs 2,739.10
  • Flexible Laminates: Rs 1,441.46
  • Total: Rs 7,160.25
  • Segment Results (Profit/Loss before Tax and Finance Cost):
  • Tea: Rs 193.28 profit
  • Paper Sacks: Rs 344.31 profit
  • Flexible Laminates: Rs 24.02 profit
  • Total: Rs 561.61 profit
  • Segment Assets (as at June 30, 2026): Rs 33,990.27
  • Segment Liabilities (as at June 30, 2026): Rs 17,481.45

Management Appointment

Based on the recommendation of the Nomination and Remuneration Committee, the Board appointed Mr. Raunak Barat as Chief Financial Officer (CFO) effective November 1, 2026. Mr. Barat is a finance professional with over eight years of experience in accounts, finance, taxation, costing, and statutory compliances, having completed CA (Final Group-1) and CS (Executive).

Significant Event: Tea Factory Acquisition

In terms of an agreement dated March 19, 2026, the company fulfilled statutory obligations of the Tea Board and took possession of Aidaupukhuri Tea Factory (situated at P.O. Aidau Sonari, District Charaideo, PIN - 785690) from Barooahs and Associates Pvt. Ltd. on June 5, 2026. Consequently, all assets and liabilities relating to the tea factory were taken over and recognized in the company's books of account.

Key Notes to Financial Results

  • Stock of black tea as on June 30, 2026, valued at lower of cost (based on estimated cost of production for FY27) and net realizable value.
  • Value of green leaf produced in company's own tea estates is not ascertainable; cost of materials consumed represents only cost of green leaf purchased from others.
  • Tea business is seasonal; Q1 results are not indicative of full financial year performance.
  • The company has one business segment (standalone) while the group has three operating segments: Tea, Paper Sacks, and Flexible Laminates.
  • Figures for quarter ended March 31, 2026, are balancing figures between audited annual figures and unaudited published year-to-date figures up to Q3 December 2025.
  • Previous periods' figures have been regrouped/rearranged where necessary.

Meeting Details

The Board meeting commenced at 4:00 PM and concluded at 4:45 PM on August 8, 2026.