Tyroon Tea Company Limited, a prominent player in the tea industry, has announced its financial results for the quarter ended September 30, 2025, showcasing a robust performance despite some accounting concerns raised by auditors.

Financial Highlights

The company reported a significant net profit of Rs. 850.96 lakh for the quarter ended September 30, 2025. This strong performance is complemented by a total income of Rs. 2,089.86 lakh for the half year ended on the same date.

Here's a breakdown of the key financial metrics for the quarter and half-year:

Operational Performance

The company's operational efficiency is evident from its ability to manage expenses effectively. For the quarter ended September 30, 2025:

• Cost of materials consumed stood at Rs. 143.52 lakhs
• Employee benefits expense was Rs. 520.85 lakhs
• Other expenses amounted to Rs. 437.32 lakhs

Auditor's Note

It's important to note that the company's auditors have raised a concern regarding the non-provision of tax liability (current and deferred) for the quarter and half year. This practice is not in accordance with Ind AS 12 "Income Taxes". The company has stated that as the ultimate income tax liability will depend on results for the year ending March 31, 2026, the provision for Current Tax and Deferred Tax will be determined at the end of the year.

Management's Perspective

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on November 14, 2025. The company acknowledges the seasonal nature of the tea business, noting that performance varies from quarter to quarter, and results for a single quarter may not be representative of the annual performance.

Conclusion

While Tyroon Tea Company Limited has reported strong financial results for Q2 2025, investors and stakeholders should be aware of the auditor's note regarding tax liability provisions. The company's performance in the coming quarters and its approach to addressing the auditor's concerns will be crucial factors to watch.

As the tea industry continues to face challenges and opportunities, Tyroon Tea Company's ability to maintain its profitability and address accounting standards will be key to its long-term success and investor confidence.

Tyroon Tea Company Limited, a prominent player in the tea industry, has announced significant changes to its board composition and committee structures. The company has appointed Mr. Kailash Pati Todi as an Independent Non-Executive Director and revised its board committees to ensure compliance with regulatory requirements.

New Independent Director Appointment

Mr. Kailash Pati Todi, a 62-year-old Chartered Accountant, has been appointed as an Independent Non-Executive Director of Tyroon Tea Company Limited, effective July 24, 2025. With over 25 years of experience in finance and taxation, Mr. Todi brings valuable expertise to the company's board. He is also a registered Insolvency Professional, adding another dimension to his skill set.

The appointment is for a term of three months or until the conclusion of the next Annual General Meeting, whichever is earlier. The company has confirmed that Mr. Todi is not related to any existing directors and has not been debarred from holding directorship by any regulatory authority.

Board Committee Restructuring

Following Mr. Todi's appointment, Tyroon Tea Company has revised the composition of its key committees to comply with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements. The restructured committees include:

• Audit Committee
• Nomination & Remuneration Committee
• Stakeholder Relationship Committee

Mr. Todi has been appointed as the Chairman of the Stakeholder Relationship Committee and as a member of both the Audit Committee and the Nomination & Remuneration Committee.

Upcoming Annual General Meeting

Tyroon Tea Company Limited has scheduled its 30th Annual General Meeting for September 10, 2025, at 3:00 PM. This meeting will provide an opportunity for shareholders to engage with the company's management and discuss the recent changes and future strategies.

The appointment of Mr. Kailash Pati Todi and the subsequent restructuring of board committees demonstrate Tyroon Tea Company's commitment to strong corporate governance and regulatory compliance. These changes are expected to bring fresh perspectives and enhanced expertise to the company's decision-making processes.