Financial Results of the Company for the quarter ended on June 30, 2025
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Tavernier Resources Limited reported its unaudited standalone results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations was Rs. 30.89 lakhs, compared to zero in the same quarter last year, while total revenue stood at Rs. 31.66 lakhs versus Rs. 3.22 lakhs in Q1 FY25. The company swung to a net profit of Rs. 15.88 lakhs from a loss of Rs. 5.30 lakhs a year ago, translating to EPS of Rs. 0.27 versus a loss per share of Rs. 0.09. Total expenses increased to Rs. 15.78 lakhs from Rs. 8.52 lakhs year-on-year, largely driven by higher employee costs and other expenses. The statutory auditors issued an unqualified limited review report, though they flagged that the company has not paid Rs. 3,800 in professional tax and is still awaiting approval to shift its registered office to Ahmedabad.
A strong year-on-year turnaround driven by a fresh operating revenue stream, but absolute figures remain small and sustainability of the new revenue base is yet to be established. The pending office shift and unpaid professional tax are minor compliance items, not material to financials.