Q1 FY27 profit jumps over 12x YoY on higher tea crop and estate sale
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 11.2 pts more than Nifty Microcap 250 and 11.9 pts more than its Tea & Coffee peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Goodricke Group posted Q1 FY27 revenue of Rs 21,130 lacs, up 21% YoY from Rs 17,451 lacs. Net profit surged to Rs 4,087 lacs vs Rs 319 lacs, aided by 41% higher own tea crop and an exceptional gain of Rs 560 lacs from sale of a tea estate. EPS rose to Rs 18.92 from Rs 1.48. Auditor MSKA gave a qualified review citing inventory valuation using estimates instead of actual cost. Grant Thornton Bharat appointed as internal auditor for 3 years.
Strong quarter from higher crop and one-time estate sale. Recurring auditor qualification on inventory valuation remains a watch point.