Harrisons Malayalam Limited has submitted to the Exchange inter alia, the financial results for the period ended Jun 30, 2025.
HARRMALAYA · price
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Harrisons Malayalam reported unaudited Q1 FY26 (quarter ended June 30, 2025) results with standalone revenue from operations at ₹11,645.94 lakhs, up about 19% from ₹9,765.85 lakhs in Q1 FY25. The company swung back to a profit after tax of ₹596.44 lakhs compared to a loss of ₹561.20 lakhs in the same quarter last year, with EPS at ₹3.23 versus a loss of ₹3.04. Tea segment revenue jumped sharply to ₹5,739.74 lakhs (from ₹3,910.25 lakhs) while rubber revenue was broadly flat at ₹5,886.28 lakhs. The board also approved the re-appointment of Ms. Rusha Mitra as Independent Director for a second 5-year term, made her interim Chairperson till October 1, 2025, and appointed M/s. SEP & Associates as Secretarial Auditors for five years (FY 2025-26 to FY 2029-30). The auditor, Walker Chandiok & Co LLP, issued an unmodified limited review report on both standalone and consolidated results.
Strong sequential recovery from a year-ago loss, driven mainly by a surge in tea segment performance, is a positive signal for shareholders. The board-level changes are routine governance actions and unlikely to materially affect the stock in the short term.