Goodricke Group Limited has delivered a strong financial performance for the quarter and nine months ended 31st December, 2025, marking a significant turnaround from the previous year's challenging period. The Kolkata-based tea company published its unaudited financial results following regulatory compliance under SEBI listing obligations.

Financial Performance Highlights

The company's operational performance showed substantial improvement across key metrics during the third quarter of FY26. Revenue growth and profitability recovery demonstrate the effectiveness of management strategies and favorable market conditions.

Nine-Month Performance Analysis

The nine-month period ending December 31, 2025, reinforced the company's recovery trajectory with sustained growth momentum. Revenue from operations reached ₹697.44 crores for the nine-month period, while net profit after tax stood at ₹54.76 crores, showcasing consistent operational excellence.

Earnings per share for the nine-month period reached ₹25.35, reflecting the company's ability to generate substantial returns for shareholders. The comprehensive income for the period totaled ₹63.96 crores, indicating strong overall financial health.

Capital Structure and Equity Position

Goodricke Group maintained a stable capital structure during the reporting period. The paid-up equity share capital remained consistent at ₹21.60 crores, with each share having a face value of ₹10. This stability in capital structure provided a solid foundation for the company's operational performance and growth initiatives.

Regulatory Compliance and Governance

The company's standalone unaudited financial results were thoroughly reviewed by the Audit Committee and received approval from the Board of Directors during their meeting held on 5th February, 2026. This demonstrates the company's commitment to maintaining high standards of corporate governance and regulatory compliance.

The detailed quarterly financial results are available on both the BSE Limited website ( www.bseindia.com ) and the company's official website ( www.goodricke.com ), ensuring transparency and accessibility for all stakeholders.

Market Position and Outlook

The significant improvement in financial metrics positions Goodricke Group favorably within the tea industry. The company's ability to transform losses into substantial profits within a year demonstrates operational resilience and effective management execution. The consistent performance across both quarterly and nine-month periods indicates sustainable business momentum and strategic positioning in the competitive tea market.

Goodricke Group Limited has successfully concluded its postal ballot process with shareholders overwhelmingly approving all three proposed resolutions. The voting results, announced on January 5, 2026, demonstrate strong shareholder confidence in the company's strategic direction, with all resolutions receiving over 99% approval.

Postal Ballot Results Overview

The remote e-voting process, conducted from December 4, 2025, to January 3, 2026, saw significant participation from shareholders. The results were scrutinized by Anjan Kumar Roy & Co., Company Secretaries, and officially submitted to BSE Limited on January 5, 2026.

Tea Estate Divestment Approved

Shareholders approved the special resolution for selling, leasing, or disposing of certain tea estates worth up to 30% of the company's net book value. This strategic decision received 99.98% approval with 1,60,95,218 votes in favor and only 2,518 votes against.

The divestment strategy aims to:

• Divest loss-making estates
• Reduce borrowing costs
• Strengthen the branded tea business
• Improve operational efficiency

Management Appointments Confirmed

Two key management appointments received strong shareholder endorsement:

CFO Reappointment: Soumen Mukherjee's reappointment as Director Finance & CFO for three years was approved with 99.98% votes (1,60,95,269 in favor vs. 2,467 against).

New Director: Oliver Capon's appointment as Non-Executive Non-Independent Director effective January 1, 2026, received the highest approval rate of 99.99% (1,60,95,599 in favor vs. 2,087 against).

Voting Participation Analysis

The postal ballot saw participation from 21.6 million shares, representing 74.53% of the total outstanding shares. Promoter group entities - Assam Dooars Investments Limited and Western Dooars Investments Limited - voted unanimously in favor of all resolutions with their combined 1,59,84,000 shares.

Regulatory Compliance and Process

The postal ballot process was conducted in full compliance with Section 108 and 110 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The scrutinizer's report, prepared by Anjan Kumar Roy & Co., confirms that all procedural requirements were met.

Financial Context

These strategic decisions come at a time when Goodricke has demonstrated significant financial improvement. The company turned profitable in FY 2025 with a net profit of ₹20.10 crore compared to a loss of ₹69.30 crore in FY 2024. Revenue grew 13.25% to ₹948.90 crore, while EBITDA turned positive at ₹38.70 crore.

The overwhelming shareholder approval provides Goodricke Group with a clear mandate to execute its strategic transformation, focusing on profitable operations while strengthening its position in the branded tea segment. The voting results and scrutinizer's report have been uploaded on the company's website and NSDL's e-voting portal as per regulatory requirements.