Announced Wed, 12 Aug · 16:08 IST
Grob Tea Q1 results, Bazaloni Group acquisition, auditor flags tax qualification
Qualified OpinionEmphasis Of MatterRevenue Growth 20pctPat Growth 25pctAuditor 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
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 Q1 FY27: revenue Rs 22.86 cr (up 28% YoY), PAT Rs 26.41 lakhs (up 72% YoY). Acquired Bazaloni Group for Rs 72.16 cr, making it a wholly owned subsidiary. Auditor issued a qualified review, noting no provision for current and deferred tax. Flagged Rs 1.20 cr investment in dormant LED business with no sales in five years. Independent Director Mr. Niraj Kumar Harodia resigned citing personal reasons.
Likely market impact
Revenue and profit jumped sharply. Auditor flagged tax provisioning gap and dormant LED stock. Bazaloni acquisition could expand tea business scale.