1. FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH,2026 2. REAPPOINTMENT OF STATUTORY AUDITORS M/S GARV &ASSOCIATES ,CHARTERED ACCOUNTANT S(FIRM REGISTRATION NO.301094E) ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Warren Tea Limited reported a standalone net loss of Rs 338 lakhs for FY2026 compared to a profit of Rs 64 lakhs in FY2025. Consolidated net loss was Rs 240 lakhs versus profit of Rs 176 lakhs in the previous year. The company reported zero revenue from operations in both standalone and consolidated results, with only other income of Rs 169 lakhs (down from Rs 446 lakhs). Total assets stood at Rs 10,553 lakhs with cash balances of just Rs 8 lakhs. The Board also approved reappointment of M/s Garv & Associates as Statutory Auditors for a second consecutive 5-year term. The company notes plans for merchant exporting of teas are on hold due to Gulf war, and it is exploring a potential merger with associate company Maple Hotels & Resorts Limited.
The company continues to struggle with significant losses and no operating revenue. Shareholders should note the deteriorating financials and extremely low cash reserves, though the auditor reappointment is routine and clean audit opinions were issued with no modifications.