Octavius Plantations Ltd reported a substantial increase in standalone revenue for the quarter ended June 30, 2026, driven by higher operational income. The company logged total income from operations of ₹1,313.69 lakh, marking a 134% rise compared to ₹560.82 lakh in the corresponding quarter of FY25.

Despite the strong top-line performance, profitability contracted sharply. Net profit after tax fell 55% year-on-year to ₹12.73 lakh from ₹28.26 lakh. This decline occurred even as pre-tax profits before exceptional items remained relatively stable at ₹11.02 lakh, down slightly from ₹29.15 lakh in Q1FY25.

The quarterly results followed an audited fourth quarter (ended March 31, 2026) where revenue stood at ₹3,847.30 lakh and net profit after tax was ₹16.33 lakh. For the full fiscal year FY26, Octavius reported total operational income of ₹6,464.04 lakh against net profit of ₹82.42 lakh.

Financial Highlights

What the Numbers Show

A notable divergence emerged between revenue growth and profit retention. While operational income more than doubled year-on-year, net profit after tax dropped by over half. This suggests that cost structures or input expenses rose disproportionately to sales during the period. The gross margin pressure is evident when comparing the pre-tax profit of ₹11.02 lakh against the significantly higher revenue base of ₹1,313.69 lakh, indicating reduced efficiency in converting top-line gains into bottom-line earnings compared to the prior year.

The company’s paid-up equity share capital remained unchanged at ₹300 lakh. Basic and diluted earnings per share for the quarter were reported at ₹0.42, down from ₹0.94 in the same period last year.

Octavius Plantations reported a net profit of ₹83.86 lakh for the financial year ended March 31, 2026, a decrease of 3.6% compared to ₹87.01 lakh in the previous year. Total income for the period increased significantly to ₹6,464.04 lakh from ₹2,875.58 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹16.33 lakh on a total income of ₹3,847.30 lakh.

The Board of Directors approved the audited standalone financial results at its meeting held on May 28, 2026. The results were reviewed and recommended by the Audit Committee prior to the Board's approval.

V. Singhi & Associates, the statutory auditor, issued a qualified opinion on the annual financial results. The auditor noted that the company did not obtain actuarial valuation for gratuity and other defined employee benefit obligations as required under Ind AS 19. Instead, a provision of ₹0.14 lakh was made on an estimated basis. Additionally, the company has not evaluated the impact of the notified Labour Codes on employee benefit obligations.

The auditor also highlighted that bearer plants and biological assets were not accounted for in accordance with Ind AS 16 and Ind AS 41, respectively. Consequently, the impact of these matters on the financial results could not be determined.

The statement of assets and liabilities as of March 31, 2026, showed total assets of ₹4,471.19 lakh, up from ₹2,996.40 lakh in the previous year. Total equity stood at ₹1,986.40 lakh, while current liabilities increased to ₹2,402.54 lakh from ₹997.16 lakh in FY25.

Financial Results for FY26

Key Financial Metrics

The company's cash flow from operating activities for the year was ₹165.73 lakh, while investing activities resulted in a net outflow of ₹1,293.62 lakh. Financing activities provided a net inflow of ₹1,109.23 lakh.