Board Meeting Details

The meeting commenced at 03:00 p.m. and concluded at 05:00 p.m. on August 13, 2026.

Key Decisions Approved

1. Financial Results Approval

  • Approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2026
  • Results were reviewed by the Audit Committee and approved by the Board of Directors
  • Statutory auditors conducted limited review pursuant to Regulation 33 of SEBI (LODR) Regulation 2015

2. Loan Proposal

  • Approved proposal to grant an unsecured loan of up to ₹15,00,00,000 (Rupees fifteen crores only) to Morton Foods Limited
  • Subject to approval of shareholders of the Company
  • Loan is being extended in the ordinary course of business and on an arm's length basis
  • Based on approval of the Audit Committee

Standalone Financial Results (₹ in lakhs)

Quarter ended June 30, 2026 (Unaudited)

  • Revenue from Operations: ₹56.67
  • Interest Income: ₹56.67
  • Dividend Income: ₹0
  • Other Income: ₹6.26
  • Rental Income: ₹6.25
  • Other Income: ₹0.01
  • Total Income: ₹62.93
  • Total Expenses: ₹51.82
  • Fees and commission expenses: ₹6.75
  • Employee benefits expense: ₹26.82
  • Depreciation and amortisation expense: ₹0.84
  • Other expenses: ₹17.41
  • Profit before tax: ₹11.11
  • Tax expense: ₹3.03
  • Current tax: ₹3.03
  • Income tax related to earlier years: ₹0
  • Net Profit after tax: ₹8.08
  • Other Comprehensive Income: ₹6,032.33
  • Total Comprehensive Income: ₹6,040.41
  • Paid-up Equity Share Capital: ₹1,000.37
  • Earnings per equity share (₹10 each):
  • Basic: ₹0.08 (not annualized)
  • Diluted: ₹0.08 (not annualized)

Comparative Figures

  • Quarter ended March 31, 2026 (Audited): Net Loss after tax ₹(33.73) lakh
  • Quarter ended June 30, 2025 (Unaudited): Net Profit after tax ₹12.89 lakh
  • Year ended March 31, 2026 (Audited): Net Profit after tax ₹433.64 lakh

Consolidated Financial Results (₹ in lakhs)

Quarter ended June 30, 2026 (Unaudited)

  • Revenue from Operations: ₹770.45
  • Interest Income: ₹58.00
  • Dividend Income: ₹0
  • Sale of Tea: ₹712.45
  • Other Income: ₹88.44
  • Rental Income: ₹6.25
  • Other Income: ₹82.19
  • Total Income: ₹858.89
  • Total Expenses: ₹712.93
  • Profit before tax: ₹145.96
  • Tax expense: ₹23.69
  • Current tax: ₹27.65
  • Income tax related to earlier years: ₹0
  • Deferred tax: ₹(3.96)
  • Net Profit after tax: ₹122.27
  • Other Comprehensive Income: ₹6,041.57
  • Total Comprehensive Income: ₹6,163.84
  • Paid-up Equity Share Capital: ₹1,000.37
  • Earnings per equity share (₹10 each):
  • Basic: ₹1.22 (not annualized)
  • Diluted: ₹1.22 (not annualized)

Segment Information (Consolidated)

  • Investing Business Revenue: ₹58.00 lakh
  • Tea Business Revenue: ₹712.45 lakh
  • Total Segment Revenue: ₹770.45 lakh

Subsidiary Information

  • Consolidated results include financial results of Cinnatolliah Tea Limited (wholly owned subsidiary)
  • Subsidiary's interim financial results before consolidation: Total revenue ₹712.45 lakh, net profit ₹114.18 lakh, total comprehensive income ₹123.42 lakh for quarter ended June 30, 2026
  • Subsidiary results reviewed by other auditor

Notes to Financial Results

1. Figures for quarter ended March 31, 2026 are balancing figures between audited full year figures and reviewed year-to-date figures up to third quarter ended December 31, 2025

2. Company has only one business segment - Investing Business (standalone)

3. Results prepared in accordance with Indian Accounting Standards (Ind AS)

4. Consolidated results include Company and Cinnatolliah Tea Limited