Summary of Key Information:
Reporting Period: Quarter and Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 33 & 30 of SEBI LODR
Audit Opinion:
Adverse Opinion issued by Statutory Auditors, Lodha & Co LLP (FRN: 301051E/E300284)
Key Financial Highlights [₹ Lakhs]:
Standalone Results:
| Particulars | Q4 FY26 | Q4 FY25 | FY26 | FY25 |
| Revenue from Operations | 10,562 | 12,866 | 39,841 | 99,672 |
| Total Income | 10,562 | 12,866 | 39,841 | 99,672 |
| Net Profit/(Loss) | (4,919) | (16,944) | (9,086) | (23,610) |
| EPS (₹) | (4.71) | (16.22) | (8.70) | (22.61) |
| Other Equity | (18,293) | (10,182) | (18,293) | (10,182) |
| Cash and Cash Equivalents | 1,366 | 498 | 1,366 | 498 |
| Total Debt | 134,477 | 176,607 | 134,477 | 176,607 |
Consolidated Results:
| Particulars | Q4 FY26 | Q4 FY25 | FY26 | FY25 |
| Revenue from Operations | 13,035 | 16,547 | 1,15,439 | 1,18,541 |
| Total Income | 13,481 | 16,683 | 1,16,173 | 1,19,275 |
| Net Profit/(Loss) | (7,267) | (17,441) | (12,350) | (19,787) |
| EPS (₹) | (6.95) | (16.69) | (11.82) | (18.94) |
| Other Equity | (10,272) | 441 | (10,272) | 441 |
Segment-wise Performance [₹ Lakhs]:
FY26 Consolidated Segment Revenue:
- India: 97,439
- Uganda: 13,183
- UK: 0
- Others: 4,817
FY26 Consolidated Segment Result:
- India: (36,250)
- Uganda: (476)
- UK: (628)
- Others: 22
Corporate Actions:
- Reappointment of Cost Auditors for FY2026-27:
- M/s Mani & Co. (FRN: 000004)
- M/s SPK Associates (FRN: 000040)
- M/s DGM & Associates (FRN: 000038)
- Reappointment of Internal Auditors for FY2026-27:
- M/s B.M. Chatrath & Co LLP (LLPIN: AAJ-0682)
- M/s V Singhi & Associates (FRN: 311017E)
- No dividend declared for the year
Other Significant Information:
- Exceptional items of ₹14,695 lakhs includes:
- Debt restructuring adjustment: (₹1,28,895 lakhs)
- Provision against ICDs: ₹1,43,590 lakhs
- Board approved sale of four tea estates for aggregate consideration of ₹12,305 lakhs
- Deferred Tax Assets of ₹28,757 lakhs recognized based on future profitability assumptions
- Pending arbitration award challenge in Delhi High Court regarding promoter group loans
- Labour Code implementation impact under evaluation