ATTACHED UNAUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULSTS FOR THE THIRD QUARTER AND NINE MONTHS ENDED 31ST DECEMBER,2025
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Warren Tea Limited submitted its Q3 FY26 (quarter ended 31 December 2025) and nine-month unaudited results to BSE. The company reported zero revenue from operations across all periods, with total income entirely from other income of ₹36 lakhs in Q3 FY26 vs ₹40 lakhs in Q3 FY25, and ₹361 lakhs for 9M FY26 vs ₹446 lakhs for 9M FY25. Standalone loss after tax was ₹(53) lakhs in Q3 FY26 versus ₹(58) lakhs in Q3 FY25, but on a nine-month basis the company swung from a profit of ₹110 lakhs to a loss of ₹(168) lakhs. Consolidated loss for 9M FY26 stood at ₹(177) lakhs against a profit of ₹176 lakhs in 9M FY25. The board also noted BSE's observation letter dated 2 February 2026 on the proposed scheme of amalgamation with Maple Hotels & Resorts Limited, an associate company. Auditor GARV & Associates issued an unmodified limited review but drew attention to the new Labour Codes (effective 21 November 2025) and non-ascertainment of income tax liability for the quarter.
Persistent losses and zero revenue from core tea operations raise sustainability concerns for the standalone business, though the proposed amalgamation with Maple Hotels may serve as a resolution path. The sharp swing from profit to loss on a nine-month basis is a clear negative signal for shareholders.