42nd AGM on 26th August, 2025 at 11:30 a.m- details attached
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Kanco Tea & Industries' board approved audited standalone and consolidated financial results for Q4 and FY ended 31 March 2025, along with convening the 42nd AGM on 26th August 2025 via video conferencing. The company reported a standalone net loss of around ₹877 lakhs in FY25 (compared to a ₹845 lakh loss in FY24), with consolidated net loss at ₹842 lakhs. Revenue from operations stayed roughly flat at ₹4,192 lakhs versus ₹4,121 lakhs in the previous year, but total expenses remained elevated, driving continued losses. The board skipped dividend citing losses and industry headwinds. Key appointments include re-appointment of Umang Kanoria as Managing Director for three years effective 1st August 2025, A.C. Dutta & Co as Cost Auditors, and LABH & LABH Associates as Secretarial Auditor for five years. The statutory auditors (NKSJ & Associates) issued an unmodified opinion on both standalone and consolidated results.
Shareholders face another year of losses with no dividend, and operating cash flow remained negative — a sign of working capital strain. However, the clean audit opinion and continuity in leadership provide some stability, though investors should watch for signs of turnaround in the tea business.