Approved on Board Meeting held on 13.02.2026 Friday, 13th February, 2026 at 03:00 P.M and concluded at 06:10 P.M : 1. The Un-Audited Financial Results (Standalone and Consolidated) for ....
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Asian Tea & Exports Limited's board, meeting on February 13, 2026, approved the unaudited financial results (both standalone and consolidated) for the quarter ended December 31, 2025, along with the limited review reports from statutory auditors Agarwal Kejriwal & Co. Standalone revenue from operations fell sharply to about ₹822.79 lakhs in Q3 FY26 from ₹1,306.42 lakhs in Q3 FY25, a decline of roughly 37%, and the company continued to report a loss before tax. On a year-to-date (9-month) basis, losses have widened. The auditor flagged an emphasis-of-matter note about debtors of ₹158.35 lakhs outstanding for over 3 years with no provision made for potential loss, as management expects recovery. Consolidated results also showed losses, with three subsidiaries (Greenol Laboratories, Sarita Nupur Vyapar, Herbby Tea Plantation) and three associates contributing to the weak performance, and the associates' figures were not independently reviewed by any auditor.
Negative for shareholders — the company is posting declining revenue and widening losses, plus auditor concerns over old unprovided receivables. Near-term stock sentiment is likely to be weak, though existing reserves of about ₹2,494 lakhs provide some cushion.