Announced Wed, 12 Aug · 16:06 IST
Grob Tea Q1 profit more than doubles, revenue up 28%, acquires Bazaloni Group
Revenue Growth 20pctPat Growth 25pctQualified OpinionEmphasis Of MatterAuditor Mid Year ChangeResults View source PDFExplain this filing
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
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AI summary
Grob Tea posted Q1 FY27 revenue of Rs 2,285.59 lakhs, up about 28% YoY. Profit after tax more than doubled to Rs 271.55 lakhs from Rs 115.30 lakhs. Auditor issued a qualified review due to non-provisioning of current and deferred tax, and flagged Rs 119.77 lakhs stuck in an inactive LED business. Company acquired 100% of Bazaloni Group for Rs 72.16 crore, making it a wholly owned subsidiary. Independent Director Niraj Kumar Harodia resigned due to personal reasons.
Likely market impact
Strong quarterly earnings and a sizeable acquisition are positives, but the qualified auditor report and director exit warrant attention.