Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 33 of SEBI (LODR)

Date of Board Meeting / Approval: August 12, 2026 (Meeting Time: 02:00 P.M. to 04:00 P.M.)

Audit Opinion: Qualified Conclusion

Auditor’s Comment: The auditor, B Nath & Co, issued a qualified conclusion because the company has not ascertained and provided for current tax and deferred tax for the quarter, which is not in accordance with Indian Accounting Standard (Ind AS) 12, "Income Taxes".

Key Financial Highlights [₹ in Lakhs]

Standalone Results:

Revenue from Operations: ₹2,285.59 (Q1 FY27)

Other Income: ₹165.13

Total Income: ₹2,450.72

Expenses:

  • Cost of materials consumed - Green Leaf Purchased: ₹341.16
  • Purchase of traded goods: ₹(1,395.89) [Note: Negative figure indicates a credit/reversal]
  • Changes in inventories: ₹1,930.92
  • Employee benefits expense: ₹141.10
  • Finance costs: ₹109.66
  • Depreciation and amortisation expense: ₹325.79
  • Other expenses: ₹671.13

Total Expenses: ₹2,123.87

Profit/(Loss) before exceptional items and tax: ₹326.85

Exceptional items: ₹0.00

Profit/(Loss) before tax: ₹326.85

Tax expense: ₹0.00 (Not provided for, as per auditor's qualification)

  • Current Tax: ₹0.00
  • Deferred Tax: ₹0.00

Profit/(Loss) for the period: ₹326.85

Other Comprehensive Income (net of tax): ₹50.30

  • Items that will not be reclassified to Profit and Loss: ₹50.30
  • Remeasurements of post-employment defined benefit obligation: ₹26.46
  • Equity Instruments through Other Comprehensive Income / (Loss): ₹23.84
  • Income tax related to these items: ₹0.00

Total Comprehensive Income for the period: ₹377.15

Paid-up Equity Share Capital (Face value of ₹10/- each): ₹116.23 Lakhs

Other Equity: ₹9,164.73 Lakhs (as of year-ended March 31, 2026)

Earnings per share (of ₹10/-each) (not annualised):

  • Basic (Rs.): ₹28.12
  • Diluted (Rs.): ₹28.12

YoY Comparison (Q1 FY27 vs Q1 FY26):

  • Revenue from Operations: Increased to ₹2,285.59 Lakhs from ₹1,997.75 Lakhs.
  • Profit for the period: Profit of ₹326.85 Lakhs vs Profit of ₹135.39 Lakhs.
  • EPS: ₹28.12 vs ₹11.65.

QoQ Comparison (Q1 FY27 vs Q4 FY26):

  • Revenue from Operations: Increased to ₹2,285.59 Lakhs from ₹975.66 Lakhs.
  • Profit for the period: Profit of ₹326.85 Lakhs vs Loss of ₹1,851.38 Lakhs.
  • EPS: ₹28.12 vs (₹163.59).

Notes to Financial Results:

  • Note on Taxes (Note 4): The company states it is difficult to estimate taxable profit for the year, therefore no adjustment has been made for Income tax and Deferred Tax as per Ind AS 12. The provision will be made at year-end.
  • Note on Actuarial Gains/Losses (Note 5): The impact of Actuarial Gain or Loss on Post Employment Benefit as per Ind AS 19 has been considered based on management judgement.
  • Note on Business (Note 6): The company is primarily engaged in the integrated activities of cultivation, manufacturing, and sale of tea, with a predominant focus on the domestic market.
  • Note on Subsequent Event (Note 7): Subsequent to the reporting period, on July 1, 2026, the company entered into a Share Purchase Agreement (SPA) to acquire 100% of the equity share capital of Bazaloni Group Limited. The transaction was completed on July 28, 2026, for a total investment of ₹72.16 Crore. Bazaloni Group Limited is now a Wholly Owned Subsidiary. This is a non-adjusting event per Ind AS 10.
  • Note on Previous Quarter Figures (Note 8): The financial figure for the quarter ended March 31, 2026 (Q4 FY26), is the balancing figure between the audited annual figures and the published unaudited figures up to December 31, 2025.
  • Note on Reclassification (Note 9): Figures of previous periods have been regrouped/reclassified wherever necessary for comparability.

Corporate Actions:

Dividend: Not Specified

Other Significant Information:

Emphasis of Matter by Auditor:

The auditor drew attention to the company's LED Lights business. There has been no sale of LED products in the last five years. The total investment in this business as of June 30, 2026, is ₹119.77 Lakhs (stock-in-trade). Management believes the amount is fully recoverable, so no provision for loss has been made.