Announced Wed, 12 Aug · 16:09 IST
Grob Tea Q1 profit doubles, ID resigns, Bazaloni acquired as subsidiary
GROBTEA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.3%1-day move
₹911.20
prior close
₹927.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+4.3+4.6+3.6+0.4+4.0+5.4+7.6+3.2——
Up moveDown movePending
AI summary
Grob Tea posted Q1 FY27 revenue of Rs 22.86 Cr, up 28% YoY, with profit before tax rising to Rs 3.27 Cr from Rs 1.35 Cr. EPS doubled to Rs 28.12. Independent Director Niraj Kumar Harodia resigned citing personal reasons, effective Aug 12. The company completed acquisition of Bazaloni Group as wholly owned subsidiary for Rs 72.16 Cr on July 28, 2026. New auditor B Nath and Co issued a qualified review, flagging non-provisioning of current and deferred tax.
Likely market impact
Strong Q1 and Bazaloni buy signal growth push. ID exit is routine. Auditor flagged tax provisioning gap as a watch item.