Team24 Consumer Products reports net profit for FY26

1 min read     Updated on 01 Jun 2026, 07:44 PM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Team24 Consumer Products reported a net profit of ₹30.54 lakh for the year ended March 31, 2026, a decrease from ₹254.30 lakh in the previous year. Revenue from operations for the year stood at ₹15.29 crore. The Board approved the audited results on May 29, 2026.

powered bylight_fuzz_icon
41868862

*this image is generated using AI for illustrative purposes only.

Team24 Consumer Products reported a net profit of ₹30.54 lakh for the year ended March 31, 2026, a significant decrease from ₹254.30 lakh in the previous year. Revenue from operations for the fiscal year stood at ₹15.29 crore, compared to nil in the prior year. The company’s total income for the year was ₹20.03 crore, down from ₹22.77 crore in FY25.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹7.38 lakh, a sharp decline from ₹279.98 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter was ₹3.84 crore, compared to nil in the same period last year. Total income for the quarter stood at ₹5.11 crore.

The Board of Directors reviewed and approved the audited standalone financial results at their meeting held on May 29, 2026. The results are in compliance with the Indian Accounting Standards (Ind AS) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company’s expenses for the year increased to ₹17.14 crore from ₹4.27 crore in the previous year. Profit from operations before exceptional items and tax was ₹28.89 lakh for the year, compared to a loss of ₹200.02 lakh in FY25. The company did not report any exceptional items for the current year, whereas the previous year saw a promoter director's loan waiver of ₹282.12 lakh under an OTS scheme.

Key Metrics

Particulars Year Ended 31.03.2026 (₹ in Thousands) Year Ended 31.03.2025 (₹ in Thousands)
Revenue from Operations 15,298.45 0.00
Total Income 20,038.66 2,277.45
Total Expenses 17,149.24 4,277.65
Net Profit for the Period 3,054.08 25,430.24
Earnings Per Share (Basic) 0.12 0.99

Historical Stock Returns for Team24 Consumer Products

1 Day5 Days1 Month6 Months1 Year5 Years
+4.04%-0.53%+2.90%+3.00%+24.33%+311.59%

What strategies will the company implement to manage the surge in expenses as revenue scales up?

Will the operational revenue growth of ₹15.29 crore be sustained into FY27, or was it a one-time event?

How does the company plan to improve profit margins given the significant drop in net profit despite revenue generation?

Team24 Consumer Products
View Company Insights
View All News
like20
dislike

Team24 Consumer Products to declare Q4FY26 results on May 29

0 min read     Updated on 25 May 2026, 07:36 PM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Team24 Consumer Products Limited will hold a board meeting on May 29, 2026, to approve the audited standalone financial results for the quarter and year ended March 31, 2026, as per Regulation 29 of SEBI Listing Regulations.

powered bylight_fuzz_icon
41263552

*this image is generated using AI for illustrative purposes only.

team24 consumer products has scheduled a board meeting on May 29, 2026, to consider and approve the audited standalone financial results for the quarter and year ended March 31, 2026. The meeting will be held pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The Board of Directors will meet on Friday, May 29, 2026. The primary agenda item is the review and approval of the company's financial performance for the fourth quarter and the full financial year ending March 31, 2026.

Key Agenda

Agenda Item Details
Meeting Date May 29, 2026
Purpose Consider and approve Audited Standalone Financial Results
Period Quarter and year ended March 31, 2026
Regulatory Reference Regulation 29 of SEBI Listing Regulations

The intimation was submitted to the stock exchanges on May 25, 2026, by Pooja Gopal Shirodkar, Company Secretary and Compliance Officer of Team24 Consumer Products Limited.

Historical Stock Returns for Team24 Consumer Products

1 Day5 Days1 Month6 Months1 Year5 Years
+4.04%-0.53%+2.90%+3.00%+24.33%+311.59%

How might the approval of these audited results influence investor sentiment and stock price movement in the short term?

What strategic initiatives or growth plans does the company intend to pursue following the financial review?

Could the financial results reveal any significant shifts in consumer demand or market trends for Team24's products?

Team24 Consumer Products
View Company Insights
View All News
like15
dislike

More News on Team24 Consumer Products

1 Year Returns:+24.33%