NewsEarningsJay Shree Tea & Industries Reports Q1 FY2026 Results with Increased Revenue and Widened LossesJay Shree Tea & Industries Reports Q1 FY2026 Results with Increased Revenue and Widened Losses
Jay Shree Tea & Industries Ltd reported a slight increase in revenue to ₹15,911.00 lakhs for Q1 FY2026, up from ₹15,838.00 lakhs in Q1 FY2025. However, the company's net loss from continuing operations widened to ₹943.00 lakhs, compared to ₹851.00 lakhs in the same quarter last year. The tea segment contributed ₹8,248.00 lakhs to revenue, while sugar and P&K fertilizers segments added ₹9,142.00 lakhs and ₹1,262.00 lakhs respectively. Auditors issued a qualified conclusion due to non-provisioning of income tax liability. The company cited seasonal nature of its business for deferring tax provisions to year-end.
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Jay Shree Tea & Industries Ltd, a diversified company with interests in tea, fertilizers, and sugar, has released its unaudited financial results for the first quarter of fiscal year 2026, ending June 30, 2025. The company reported a mixed performance with increased revenue but widened losses.
Revenue Growth Across Segments
The company's revenue from operations saw a modest increase, rising to ₹15,911.00 lakhs in Q1 FY2026, compared to ₹15,838.00 lakhs in the same quarter of the previous year. This growth was driven by performance across its three main segments:
- Tea segment: ₹8,248.00 lakhs
- P&K Fertilisers: ₹1,262.00 lakhs
- Sugar segment: ₹9,142.00 lakhs
Widened Losses from Continuing Operations
Despite the revenue growth, Jay Shree Tea & Industries reported a wider net loss from continuing operations. The company's loss increased to ₹943.00 lakhs in Q1 FY2026, compared to a loss of ₹851.00 lakhs in the corresponding quarter of the previous year.
Segment-wise Performance
| Segment | Revenue (₹ in lakhs) | Segment Results (₹ in lakhs) |
|---|---|---|
| Tea | 8,248.00 | 216.00 |
| P&K Fertilisers | 1,262.00 | (5.00) |
| Sugar | 9,142.00 | (383.00) |
The sugar segment, while contributing significantly to revenue, reported a loss at the segment level.
Auditor's Qualified Conclusion
The company's auditors issued a qualified conclusion on the financial results. The qualification pertains to the non-provisioning of income tax liability (current and deferred) during the quarter. The auditors noted that this non-compliance with Indian Accounting Standards could have an impact on the financial results, though the extent of this impact is currently not ascertainable.
Management's Response
The company's management stated that due to the seasonal nature of the tea and sugar industries, it is difficult to estimate taxable profit for the year. As a result, current and deferred tax provisions will be made at the end of the financial year.
Board Approval
The unaudited financial results were approved by the Board of Directors in their meeting held on August 12, 2025. The meeting commenced at 2:30 P.M. and concluded at 3:05 P.M.
Jay Shree Tea & Industries continues to navigate the challenges in its diverse business segments. While the company has shown resilience in maintaining revenue growth, addressing the widening losses and tax provisioning issues will be crucial for its financial health in the coming quarters.
Historical Stock Returns for Jay Shree Tea & Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.56% | -1.44% | -4.06% | -9.13% | -27.50% | +30.95% |
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