Standalone Financial Results (₹ in Lakhs)

Income Statement - Quarter Ended June 30, 2026

  • Total Income: ₹20,698 lakhs
  • Revenue from operations: ₹20,300 lakhs
  • Other income: ₹398 lakhs
  • Total Expenses: ₹21,316 lakhs
  • Cost of materials consumed: ₹2,977 lakhs
  • Purchase of Stock-in-trade: ₹2,537 lakhs
  • Changes in inventories: ₹1,680 lakhs
  • Employee benefits expense: ₹7,374 lakhs
  • Finance costs: ₹1,014 lakhs
  • Depreciation and amortization: ₹556 lakhs
  • Power & Fuel: ₹1,209 lakhs
  • Consumption of stores and spare-parts: ₹1,587 lakhs
  • Profit/(Loss) before Tax: (₹618) lakhs
  • Tax Expenses: Not provided (₹0)
  • Current Tax: Not provided
  • Deferred Tax: Not provided
  • Net Profit/(Loss) after Tax: (₹618) lakhs
  • Other Comprehensive Income: (₹33) lakhs
  • Re-measurement of post employment defined benefit obligations: (₹33) lakhs
  • Equity Instruments through OCI: ₹0
  • Total Comprehensive Income: (₹651) lakhs
  • Earnings per share (Face Value ₹5): (₹2.14) basic & diluted

Comparative Figures (₹ in Lakhs)

  • June 30, 2025: Net Loss after Tax (₹943) lakhs, EPS (₹3.27)
  • March 31, 2026: Net Loss after Tax (₹3,025) lakhs, EPS (₹11.14)

Standalone Segment-wise Performance (Quarter Ended June 30, 2026)

Segment Revenue

  • Tea: ₹9,888 lakhs
  • P&K Fertilizers (Manufacturer): ₹3,401 lakhs
  • Sugar: ₹7,011 lakhs
  • Total Revenue: ₹20,300 lakhs
  • Inter-segmental revenue: Not applicable

Segment Results

  • Tea profit: ₹1,030 lakhs
  • P&K Fertilizers loss: (₹41) lakhs
  • Sugar loss: (₹310) lakhs
  • Total Segment Results: ₹679 lakhs
  • Interest (net): ₹1,007 lakhs
  • Unallocable expenditure: ₹290 lakhs
  • Profit/(Loss) before Tax: (₹618) lakhs

Segment Assets (June 30, 2026)

  • Tea: ₹39,427 lakhs
  • P&K Fertilizers: ₹7,984 lakhs
  • Sugar: ₹38,631 lakhs
  • Total Segment Assets: ₹86,042 lakhs
  • Unallocable Assets: ₹11,605 lakhs
  • Total Assets: ₹97,647 lakhs

Segment Liabilities (June 30, 2026)

  • Tea: ₹9,942 lakhs
  • P&K Fertilizers: ₹5,061 lakhs
  • Sugar: ₹1,625 lakhs
  • Total Segment Liabilities: ₹16,628 lakhs
  • Unallocable Liabilities: ₹43,622 lakhs
  • Total Liabilities: ₹60,250 lakhs

Consolidated Financial Results (₹ in Lakhs)

Income Statement - Quarter Ended June 30, 2026

  • Total Income: ₹21,069 lakhs
  • Revenue from operations: ₹20,617 lakhs
  • Other income: ₹452 lakhs
  • Total Expenses: ₹21,663 lakhs
  • Cost of materials consumed: ₹3,113 lakhs
  • Purchase of Stock-in-trade: ₹2,537 lakhs
  • Changes in inventories: ₹1,621 lakhs
  • Employee benefits expense: ₹7,475 lakhs
  • Finance costs: ₹1,031 lakhs
  • Depreciation and amortization: ₹568 lakhs
  • Power & Fuel: ₹1,262 lakhs
  • Consumption of stores and spare-parts: ₹1,614 lakhs
  • Other expenses: ₹2,442 lakhs
  • Profit/(Loss) before Tax: (₹594) lakhs
  • Tax Expenses: Not provided (₹0)
  • Net Profit/(Loss) after Tax: (₹594) lakhs
  • Other Comprehensive Income: (₹64) lakhs
  • Items not reclassified to profit or loss: (₹33) lakhs
  • Re-measurement of post employment defined benefit obligations: (₹33) lakhs
  • Equity Instruments through OCI: ₹0
  • Items to be reclassified to profit or loss: (₹31) lakhs
  • Exchange differences on translation of foreign operations: (₹31) lakhs
  • Total Comprehensive Income: (₹658) lakhs
  • Earnings per share (Face Value ₹5): (₹2.06) basic & diluted

Comparative Consolidated Figures (₹ in Lakhs)

  • June 30, 2025: Net Loss after Tax (₹898) lakhs, EPS (₹3.11)
  • March 31, 2026: Net Loss after Tax (₹3,416) lakhs, EPS (₹11.83)

Consolidated Segment-wise Performance (Quarter Ended June 30, 2026)

Segment Revenue

  • Tea: ₹9,888 lakhs
  • P&K Fertilizers: ₹3,401 lakhs
  • Sugar: ₹7,011 lakhs
  • Total Revenue: ₹20,617 lakhs
  • Inter-segmental revenue: Not applicable

Segment Results

  • Tea profit: ₹1,074 lakhs
  • P&K Fertilizers loss: (₹41) lakhs
  • Sugar loss: (₹310) lakhs
  • Total Segment Results: ₹723 lakhs
  • Interest (net): ₹1,027 lakhs
  • Unallocable expenditure: ₹290 lakhs
  • Profit/(Loss) before Tax: (₹594) lakhs

Consolidated Entities

The consolidated results include:

  • Direct Subsidiaries: Bidhannagar Tea Company Private Limited, Basant Stars Private Limited, Birla Holdings Limited
  • Subsidiary of BHL: Kiara Tea Company Limited (KTCL)
  • Subsidiary of KTCL: Bondo Tea Estates Limited

Audit Qualification

Singhi & Co., Chartered Accountants issued a qualified review opinion noting:

  • Non-ascertainment/non-provisioning of income tax liability (current and deferred) during the quarter ended June 30, 2026
  • This is not in accordance with Ind AS 12 "Income Taxes"
  • The impact of such non-provisioning is presently not ascertainable
  • The auditors are unable to comment on the same including consequential impact

Important Notes

1. Tea and sugar industry being seasonal in nature, quarterly results are not indicative of likely annual results

2. Difficult to estimate taxable profit for the year, hence current and deferred tax shall be provided at year-end

3. Figures for quarter ended March 31, 2026 are balancing figures between audited annual figures and reviewed YTD figures up to December 31, 2025

4. Board meeting commenced at 2:30 PM and concluded at 3:20 PM on August 13, 2025