Outcome of the Board meeting held on 29th May, 2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
James Warren Tea Limited reported audited financial results for Q4 and full year ended March 31, 2026. Profit before tax collapsed to Rs 1,336.55 lakhs from Rs 10,398.86 lakhs in the previous year—a decline of approximately 87%. The company recorded tax expenses of Rs 0.04 lakhs, resulting in net profit of Rs 1,336.51 lakhs for the year. Basic EPS stood at Rs 3.89. The statutory auditors, B. Chhawchharia & Co., issued an un-modified (clean) audit opinion. The Board also approved the re-appointment of Mr. Sandip Das as Whole-time Director for one year effective July 25, 2026, subject to shareholder approval. Operating cash flow remained positive at Rs 750.70 lakhs, though significantly lower than Rs 2,478.79 lakhs in the prior year.
The dramatic 87% plunge in annual profit is a significant red flag for investors, though the clean audit opinion provides some assurance on financial reporting quality. The company needs to clarify the drivers of this profit collapse.