Dhunseri Tea & Industries Limited reported a consolidated net profit of ₹4.52 crore for the quarter ended June 30, 2026, marking a 19% increase from the ₹3.78 crore recorded in the corresponding period of FY25. The company’s standalone net profit rose to ₹11.66 crore, up from ₹9.78 crore in Q1FY25. Revenue from operations grew 24% year-on-year to ₹85.13 crore on a consolidated basis, while standalone revenue declined 20% to ₹57.74 crore.

The Board of Directors approved the unaudited financial results at a meeting held on August 12, 2026. S.R. Batliboi & Co. LLP served as the independent auditor, issuing an unmodified conclusion on both standalone and consolidated financial statements in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Consolidated revenue from operations stood at ₹85.13 crore, driven by domestic sales of ₹57.74 crore and international sales of ₹27.39 crore. Total income, including other income of ₹0.95 crore, reached ₹86.09 crore. Operating expenses totaled ₹74.85 crore, resulting in a pre-tax profit of ₹11.24 crore.

Standalone revenue was lower at ₹57.74 crore compared to ₹72.43 crore in Q1FY25. However, cost optimization efforts led to total expenses of ₹40.70 crore, down from ₹61.92 crore in the prior year period. This resulted in a significant improvement in standalone profitability, with earnings per share (EPS) rising to ₹11.10 from ₹9.31.

What the Numbers Show

A notable divergence exists between the standalone and consolidated results. While standalone operations delivered strong profitability with a net margin of approximately 20%, consolidated margins were compressed to around 5%. This disparity is largely attributed to losses in foreign subsidiaries, particularly those operating in Malawi. The group applied IND AS 29 for hyperinflationary economies to its Malawi subsidiaries, recognizing a non-cash restatement loss of ₹0.39 crore. Additionally, exchange differences on translation of foreign operations contributed ₹2.34 crore to other comprehensive income, highlighting currency volatility impacts on the group’s bottom line.

Operational Updates

The company continues to rationalize its asset base to improve profitability. In the previous quarter, it sold specified assets of Balijan Tea Estate, recording an exceptional gain of ₹4.35 crore. Similarly, assets from Deohall Tea Estate were sold in Q3FY26, yielding another exceptional profit of ₹2.05 crore. These divestments mean the current quarter’s performance excludes these estates, providing a clearer view of ongoing operational efficiency.

The group’s non-current assets increased slightly to ₹807.57 crore as of June 30, 2026, from ₹793.06 crore at the end of FY26. Assets outside India accounted for ₹303.07 crore, reflecting the company’s continued international presence despite regional economic challenges.

Dhunseri Tea & Industries Limited will convene its 29th Annual General Meeting (AGM) on Wednesday, August 19, 2026, at 3:00 P.M. (IST) through Video Conferencing or Other Audio Visual Means. The meeting aims to transact the business outlined in the notice dated May 25, 2026. Shareholders must ensure their names appear in the Register of Members as of the cut-off date, Wednesday, August 12, 2026, to exercise voting rights. The remote e-voting period commences at 9:00 A.M. (IST) on Saturday, August 15, 2026, and concludes at 5:00 P.M. (IST) on Tuesday, August 18, 2026.

The company dispatched the Annual Report and Accounts for FY26 along with the AGM notice on July 27, 2026, to registered email addresses. This dispatch complies with the Companies Act, 2013, and the SEBI (LODR) Regulations, 2015. Members who did not receive the digital report can access it via the web-link provided in a separate letter sent by the company. The documents are also available on the company’s website and the National Securities Depository Limited (NSDL) e-voting portal.

Key Dates and Deadlines

Members holding shares in dematerialized form must have registered their bank account details and email addresses with their respective Depository Participants. Those holding physical shares are required to update these details by submitting Form ISR-1 or ISR-2 to the Registrars & Share Transfer Agents, M/s. Maheshwari Datamatics Private Limited. Forms are available on the company’s website.

Voting Procedures

The company provides both remote e-voting and e-voting during the AGM. Members who cast their votes remotely may still attend the meeting but cannot vote again during the session. New shareholders who acquired shares after the dispatch of the annual report but before the cut-off date can obtain login credentials by emailing evoting@nsdl.com . Existing NSDL users may use their current User ID and password.

Urmi Bhotika, Company Secretary & Compliance Officer, signed the communication dated July 28, 2026. The advertisement was published in Business Standard (Kolkata) on July 28, 2026. For queries, members may refer to the FAQs and E-voting User Manual on the NSDL website or contact 022-48867000.