rossell reported record revenue from operations of ₹22,069.27 lakhs for the financial year ended March 31, 2026, marking a 24.44% increase compared to ₹17,734.95 lakhs in the previous year. The surge was driven by higher production volumes following the acquisition of Dhoedaam Tea Estate, which strengthened the company’s production base. Despite the top-line growth, net profit fell 19.5% to ₹1,585.63 lakhs from ₹1,968.84 lakhs in FY25, pressured by rising finance costs and an exceptional one-time charge related to new labor codes. The company also declared a dividend of ₹0.40 per equity share.

The Board of Directors convened its 32nd Annual General Meeting on August 25, 2026, via video conferencing to approve these financial statements. Key agenda items included the re-appointment of Harsh Mohan Gupta as Executive Chairman and Managing Director for three years, commencing April 1, 2027, and Samara Gupta as Whole Time Director for three years, starting February 9, 2027. Additionally, shareholders approved the appointment of Digant Mahesh Parikh as a Whole Time Director effective August 26, 2026. The meeting also ratified the remuneration of M/s. Shome & Banerjee as Cost Auditors for FY27.

Financial Performance

Revenue grew significantly due to increased own crop production of 66.86 lakh kgs across seven tea estates, up from 50.64 lakh kgs in the prior year. While EBITDA remained stable at ₹2,971.29 lakhs, profit margins were squeezed by higher interest expenses and depreciation charges of ₹518.08 lakhs. An exceptional item of ₹24.09 lakhs was recorded due to incremental gratuity liability arising from new labor codes.

Operational Highlights

Total tea production reached 71.23 lakh kgs, the highest ever recorded by the company. Orthodox tea production increased to 30.71 lakh kgs, while CTC production stood at 40.52 lakh kgs. Exports rose 8.37% to 12.43 lakh kgs, with significant volume increases to the United Kingdom, Germany, and Poland. Average realizations remained above industry averages, with Orthodox tea fetching ₹313.33 per kg and CTC tea ₹307.40 per kg.

What the Numbers Show

The divergence between robust revenue growth and declining net profitability highlights the impact of leverage on Rossell India’s bottom line. Finance costs nearly doubled to ₹679.06 lakhs, eroding the operational gains from the Dhoedaam acquisition. Furthermore, the company reported an embezzlement of ₹25.72 lakhs at Romai Tea Estate, which has been charged off as an expense. This incident underscores internal control vulnerabilities that management is addressing through strengthened audit procedures.

Rossell India Ltd has fixed Tuesday, August 18, 2026, as the record date to determine member eligibility for a proposed dividend of Re.0.40 per equity share for the financial year 2025-2026. The Board of Directors proposed the dividend, subject to declaration at the upcoming Annual General Meeting (AGM). The 32nd AGM is scheduled to be held on Tuesday, August 25, 2026, at 11:00 A.M. IST via video conference and other audio-visual means, without physical presence at a common venue.

The meeting will be conducted in compliance with the Ministry of Corporate Affairs General Circular No. 03/2025 dated September 22, 2025, read with General Circular No. 20/2020 dated May 5, 2020. The Notice of the AGM and the Annual Report for the financial year 2025-2026 will be sent shortly via email to members whose addresses are registered with the company or depository participants. These documents will also be available on the company's website and the websites of BSE Limited and the National Stock Exchange of India Limited.

Shareholders holding shares in physical form who have not registered their email IDs or updated bank details for direct credit via the National Automated Clearing House (NACH) are requested to submit the completed Form ISR-1 or other relevant forms to the Registrar and Share Transfer Agent. Members holding shares in dematerialized form must update their details with their respective depository participants. In accordance with SEBI mandates, dividend payments will be made exclusively through electronic mode.

The company has published the advertisement in English daily Business Standard and Bengali newspaper Aajkal on July 3, 2026, to inform members about the AGM and to solicit email addresses for dispatching notices. Remote e-voting facilities will be available, and detailed instructions will be included in the notice sent to members.