The Unaudited Financial Results (Standalone and Consolidated)for the quarter and nine months ended 31st December, 2025
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Asian Tea & Exports Limited reported a sharp deterioration in its Q3 FY26 results. On a standalone basis, revenue from operations fell to Rs. 822.79 lakhs from Rs. 1,306.42 lakhs in Q3 FY25, a drop of roughly 37%. For the nine-month period, standalone revenue declined to Rs. 3,435.63 lakhs from Rs. 5,091.76 lakhs. The company swung from a profit of Rs. 27.95 lakhs (9M FY25) to a standalone loss of Rs. 853.87 lakhs in 9M FY26. On a consolidated basis (including 3 subsidiaries and 3 associates), the nine-month loss widened to Rs. 1,383.67 lakhs compared to a profit of Rs. 171.78 lakhs a year ago. The auditor issued an unqualified review report but drew attention to old receivables of Rs. 158.35 lakhs outstanding for more than three years where no provision has been made, as management expects recovery.
Negative for shareholders — the company has moved from profit to substantial losses with a steep fall in both standalone and consolidated revenues, and the flagged aged receivables raise concerns about cash recovery. This is likely to be viewed unfavourably by the market.