James Warren Tea Limited reported a net profit of ₹9.45 crore for the quarter ended June 30, 2026 (Q1FY26), down 33.6% from ₹14.24 crore in the same period last year. Revenue from operations declined 33.1% year-on-year to ₹17.43 crore, reflecting seasonal volatility in the tea industry and lower operational throughput compared to the prior fiscal period.

The Board of Directors approved the unaudited financial results on August 8, 2026, pursuant to Regulation 30(6) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, B. Chhawchharia & Co., under Standard on Review Engagements (SRE) 2410. The company also announced its 17th Annual General Meeting (AGM), scheduled for September 9, 2026, with the register of members closing from September 3 to September 9, 2026.

Financial Performance

Total income for the quarter stood at ₹26.57 crore, comprising ₹17.43 crore from operations and ₹9.14 crore from other income. Other income saw a significant increase from ₹7.51 crore in Q1FY25, contributing to mitigating the impact of lower operational revenue. However, total expenses rose to ₹13.51 crore from ₹16.82 crore in the corresponding quarter of the previous year, primarily due to changes in inventory valuation and employee benefits.

Profit before tax declined 22.0% to ₹13.06 crore. Tax expenses amounted to ₹3.61 crore, including ₹2.60 crore in current tax and ₹1.01 crore in deferred tax. Earnings per share (basic) stood at ₹25.55, compared to ₹38.49 in the previous year’s corresponding quarter.

What the Numbers Show

The divergence between the decline in revenue (-33.1%) and the smaller decline in total expenses (-19.7%) highlights fixed cost pressures during the low-season period. While other income provided a buffer, rising employee benefit expenses (₹19.84 crore vs ₹18.13 crore YoY) and depreciation costs indicate that operational leverage is reduced during quarters with lower production volumes. The company noted that the tea industry is seasonal, and these figures are not indicative of full-year performance.

James Warren Tea Limited has closed its trading window for all designated persons and their immediate relatives effective July 1, 2026. The restriction will remain in place until 48 hours after the company declares its unaudited financial results for the quarter ending June 30, 2026. This move is aimed at preventing insider trading activities ahead of the quarterly announcement.

The closure follows the Internal Code of Conduct for Prevention of Insider Trading framed by the company under the SEBI (Prohibition of Insider Trading) Regulations, 2015. As per the regulations, the trading window shuts down for designated personnel and their immediate relatives to ensure fair market practices and maintain the integrity of the securities market.

The designated persons include company insiders who have access to unpublished price-sensitive information (UPSI). The blackout period ensures that no trades can be executed by these individuals during the sensitive time leading up to the results announcement. The window will reopen automatically once the financial results are disclosed to the stock exchanges and the mandatory 48-hour period has elapsed.

Key Dates and Details

The company has communicated this regulatory compliance measure to BSE Limited, where its shares are listed. The notice was signed by Ayushi Mundhra, Company Secretary & Compliance Officer of James Warren Tea Limited.