Q1 FY26 results: consolidated PAT up; Rs 15 cr loan proposal to Morton Foods
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Board approved Q1 FY26 (quarter ended June 30, 2026) unaudited results. Consolidated revenue from operations rose to Rs 770.45 lakhs, up about 21% YoY from Rs 635.63 lakhs, driven by tea business. Consolidated PAT grew to Rs 122.27 lakhs from Rs 103.18 lakhs. Standalone revenue was Rs 56.67 lakhs and standalone PAT was Rs 8.08 lakhs vs Rs 12.89 lakhs a year ago. Board also approved a proposal to grant unsecured loan up to Rs 15 crores to Morton Foods Limited, subject to shareholder approval, on arm's length basis.
Consolidated business shows healthy growth on tea segment; standalone earnings dipped. The Rs 15 cr loan proposal needs shareholder approval.