Audited Financial Results (Standalone and Consolidated) along with the Auditors'' Report for the financial year ended March 31, 2025 is enclosed herewith for your records. The Board ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shri Vasuprada Plantations Ltd (formerly Joonktollee Tea & Industries Ltd) reported audited results for FY25, with standalone revenue from operations rising ~26% YoY to Rs 12,258 lakhs (vs Rs 9,736 lakhs). Consolidated revenue grew ~23% to Rs 13,240 lakhs. The company swung from a loss to a profit — standalone PAT came in at Rs 569 lakhs versus a loss of Rs 831 lakhs in FY24, while consolidated PAT was Rs 610 lakhs versus a loss of Rs 665 lakhs. However, the turnaround was significantly aided by a non-cash exceptional income of Rs 963 lakhs (standalone) and Rs 1,079 lakhs (consolidated) from write-back of gratuity liability under the Assam Gratuity Fund Scheme. Excluding this one-time item, standalone profit before tax remained negative at Rs (332) lakhs. The auditor Singhi & Co issued a clean (unmodified) opinion on both standalone and consolidated results.
Headline swing from loss to profit may support a short-term positive sentiment, but core operations (excluding the gratuity write-back) are still in the red, so investors should look at underlying business recovery rather than reported PAT. The strong revenue growth is a genuinely positive signal of demand recovery in the tea, coffee and rubber segments.