Winsome Breweries Limited reported a net profit of ₹2.30 crore for the quarter ended June 30, 2026, reversing a net loss of ₹18.5 lakh recorded in the same period last year. The company’s total income from operations for the quarter was ₹58.32 lakh, down from ₹68.52 lakh in Q1FY26.

The Board of Directors approved the unaudited financial results in a meeting held on August 14, 2026. The results were reviewed by the Audit Committee on the same date. The company operates under CIN L15511RJ1992PLC014556 and is listed on stock exchanges including the Metropolitan Stock Exchange of India.

Financial Performance

The company’s profitability improved significantly on a year-on-year basis, driven by pre-tax profits before exceptional items standing at ₹3.08 crore, compared to ₹24.65 lakh in Q1FY25. Earnings per share (basic) were recorded at ₹0.01 per equity share of face value ₹10 each, an improvement from a loss of ₹0.09 per share in the prior year quarter.

Reserves, excluding revaluation reserve, stood at ₹44.79 crore as per the audited balance sheet of the previous year. Equity share capital remained unchanged at ₹27.67 crore.

What the Numbers Show

The divergence between the decline in operating income (from ₹68.52 lakh to ₹58.32 lakh) and the sharp improvement in net profit (from a loss of ₹18.5 lakh to a profit of ₹2.30 crore) suggests that non-operational factors or adjustments contributed significantly to the bottom line. With the primary production asset—the Rajasthan plant—currently not in use, the profit recovery appears disconnected from core brewing operations, likely reflecting one-off accounting adjustments or other income components not detailed in the extract.

Operational Status & Legal Proceedings

Winsome Breweries’ fixed assets include land, buildings, and plant machinery in Rajasthan intended for beer production. However, the plant has been idle since United Breweries Ltd (UBL) terminated the lease agreement. UBL discontinued operations at the facility in FY21-22 citing reasons the company described as non-existent.

Consequently, Winsome Breweries filed claims against UBL regarding notice periods and other dues. The matter proceeded to arbitration, resulting in an award dated October 6, 2025, in favor of Winsome Breweries. UBL has since filed an appeal with the Bengaluru Commercial Court, which remains pending. The company stated that necessary adjustment entries will be passed upon receipt of the final order.

Management expressed hope of entering into a new bottling agreement soon to resume operations. Figures for the previous period have been regrouped or recast where necessary to conform to current year classification.

Winsome Breweries Limited reported a net loss of ₹148.94 lakh for the financial year ended March 31, 2026, reversing the net profit of ₹14.94 lakh recorded in the previous year. The company's total income from operations declined significantly to ₹68.52 lakh in FY26 from ₹171.78 lakh in FY25, primarily driven by reduced income from the Education Training segment. The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, in a meeting held on May 30, 2026.

For the quarter ended March 31, 2026, the company reported a net loss of ₹176.69 lakh, widening from the loss of ₹42.58 lakh in the corresponding quarter of the previous year. Total income for the quarter stood at ₹61.82 lakh, down from ₹68.88 lakh in Q4FY25. The company's statutory auditor, OP Bagla & Co LLP, issued an unmodified opinion on the standalone financial results.

Financial Performance

The decline in financial performance was attributed to zero revenue from the Beer segment and reduced income from the Education Training segment. The Beer segment reported a loss of ₹93.89 lakh for the year, while the Education Training segment recorded a profit of ₹29.83 lakh. The Investment segment contributed a profit of ₹9.40 lakh. Total expenses for the year increased to ₹336.66 lakh from ₹353.76 lakh in the previous year, with depreciation and amortisation expenses rising to ₹152.92 lakh.

Operational Updates

The company disclosed that its plant in Rajasthan, which includes fixed assets for beer production, has not been in use since a bottling agreement with United Breweries Ltd was terminated. In FY 2021-22, United Breweries Ltd discontinued operations at the plant, leading to arbitration claims by Winsome Breweries. An arbitration award dated October 6, 2025, was ruled in favour of Winsome Breweries, but United Breweries Ltd has filed an appeal with the Bengaluru Commercial Court, which is currently pending. The company stated it is hopeful of entering into a new bottling agreement soon.

Assets and Liabilities

As of March 31, 2026, the company's total assets stood at ₹5,125.47 lakh, slightly higher than ₹5,075.93 lakh in the previous year. Non-current assets decreased to ₹2,103.02 lakh from ₹1,977.19 lakh, while current assets reduced to ₹3,022.46 lakh from ₹3,098.74 lakh. Total equity declined to ₹3,241.68 lakh from ₹3,419.08 lakh, primarily due to the accumulated loss. The company's cash and cash equivalents decreased to ₹99.58 lakh from ₹119.82 lakh at the end of the previous year.