Bengal Tea & Fabrics Limited reported a net profit of ₹8.22 crore for the quarter ended June 30, 2026, driven by a significant rise in other income and stable operational revenue. The Board of Directors approved the unaudited financial results on August 12, 2026, following a review by statutory auditors Jain & Co. Chartered Accountants. The company’s profitability improved substantially year-on-year, with earnings per share (EPS) rising to ₹9.12 from ₹6.77 in Q1FY26.

The financial performance reflects the company’s focus on its single reportable segment, "Tea," after closing all other business segments. As per Ind AS 108, operating segment disclosure is not applicable since only one segment remains active. The company has also disposed of leasehold rights related to discontinued operations, subsuming remaining assets and liabilities into the current operations.

Financial Highlights

What the Numbers Show

The primary driver of the improved bottom line was the surge in other income, which jumped to ₹10.73 crore in Q1FY27 compared to ₹9.29 crore in Q1FY26. This contrasts sharply with Q4FY26, where other income was negative at ₹(7.44) crore, contributing to a net loss of ₹11.40 crore. Revenue from operations remained relatively flat at ₹9.23 crore, up slightly from ₹9.17 crore in the corresponding period last year.

Expense management also played a role, with total expenses decreasing to ₹9.59 crore from ₹10.03 crore in Q1FY26. Employee benefits remained the largest expense component at ₹6.88 crore, followed by changes in inventories which showed a credit of ₹(5.42) crore, indicating inventory drawdowns. The company’s tax expense included current tax of ₹(1.10) crore and deferred tax of ₹(1.05) crore, resulting in a lower effective tax impact on the final profit.

Bengal Tea & Fabrics Limited shareholders delivered near-unanimous support for the company’s FY26 resolutions, with 99.99% of votes cast in favor of a Re.1.50 per share dividend and key board reappointments. The consolidated scrutinizer’s report, issued on August 7, 2026, confirms that 74.31 lakh shares representing 65 valid folios voted during the 43rd Annual General Meeting (AGM) held on August 7, 2026. This high level of engagement validates the management’s strategic direction and governance proposals for the financial year ended March 31, 2026.

The meeting, conducted via Video Conferencing (VC) and Other Audio Visual Means (OAVM), saw participation from 5 promoter group members and 64 public shareholders. Remote e-voting was open from August 4, 2026, at 9:00 A.M. to August 6, 2026, at 5:00 P.M., with a record date of July 31, 2026. A total of 6,164 shareholders were on the register as of the cut-off date. The proceedings were scrutinized by Mrs. Swati Bajaj of M/s Bajaj Todi & Associates, in compliance with Section 108 of the Companies Act, 2013 and Regulation 44(3) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Voting Breakdown by Resolution

All four ordinary resolutions passed with identical voting patterns, reflecting strong alignment between promoter and non-institutional public shareholders. The promoter group, holding 67.45 lakh shares, voted 100% in favor across all items. Public non-institutional shareholders, who held 20.70 lakh shares, participated actively, casting 6.86 lakh votes (33.14% of their holdings). Institutional public shareholders did not participate in the voting process.

Governance and Compliance Details

The statutory audit report and secretarial audit report for FY26 contained no qualifications or adverse remarks, leading to their omission from the reading list during the AGM. Representatives from M/s Jain & Co., the Statutory Auditors, and M/s Bajaj Todi & Associates, the Secretarial Auditors, were present via VC/OAVM to address queries. Mr. Himangshu Kedia, Company Secretary & Compliance Officer, confirmed that all required registers were available for electronic inspection. The Chairman, Mr. Adarsh Kanoria, addressed member concerns regarding annual accounts before concluding the meeting. No invalid votes were recorded during the process.