Outcome of the Board Meeting held on 6th February, 2026
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The Board of James Warren Tea Ltd approved the unaudited financial results for the quarter and nine months ended 31st December 2025 at its meeting on 6th February 2026. Revenue from operations for Q3 FY26 stood at approximately ₹3,481.8 lakhs, significantly lower than ₹5,156.4 lakhs in the year-ago quarter. The company reported a loss for the quarter, with EPS turning negative (around ₹-3.8) compared to a profit of ₹27.8 per share in Q3 FY25. The statutory auditors issued an unqualified review report with an Emphasis of Matter on the recently notified Labour Codes (Nov 2025), noting the company is still evaluating their financial impact, to be recognized in FY26 results. Prior period figures are not strictly comparable due to a disposal carried out by the company.
Quarterly results point to a loss-making period and a sharp YoY revenue drop, which could weigh on near-term sentiment. However, the disposal-driven change in business mix and the pending Labour Code impact assessment are key items to watch — clarity on these will emerge with the FY26 audited results.