company hereby submit revised financial result for the period ended 31.03.2022 along with audit report and declaration.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bansisons Tea Industries has resubmitted its audited financial results for FY ended 31 March 2022 along with the audit report and required declaration, after BSE flagged that these were not originally filed together on 4 August 2022. The company clarified that the omission was inadvertent and the auditors (M/s R.K. Bihani & Associates) had issued an unmodified/unqualified opinion, so a separate declaration on audit qualifications was not applicable. Revenue from operations was flat at Rs. 15 lakh, but total income declined to Rs. 18.94 lakh from Rs. 20.30 lakh in the previous year. Profit after tax collapsed sharply to Rs. 33,846 from Rs. 7.89 lakh earlier, with EPS falling to Rs. 0.0055 from Rs. 0.1273. The company also reported negative operating cash flow of Rs. 5.96 lakh for the year.
This is mainly a compliance/re-filing exercise for a very small tea-garden leasing company — no auditor qualifications were raised, so the stock price impact should be limited. However, the underlying numbers show a sharp drop in profitability and negative operating cash flow, with reserves still in negative territory, which signals weak financial health.