Warren Tea Limited Reports Q3FY26 Loss of ₹53 Lakhs, Nine-Month Deficit Widens
Warren Tea Limited announced significant financial deterioration for Q3FY26 with net loss of ₹53 lakhs compared to ₹153 lakhs profit in Q3FY25. The company's total income declined 84.8% to ₹36 lakhs while expenses increased 6% to ₹89 lakhs. Nine-month performance showed losses of ₹168 lakhs versus ₹110 lakhs profit last year, with income falling 69.3% and expenses rising 11.2%. The Board approved a draft amalgamation scheme with associate company Maple Hotels and Resorts Limited, subject to regulatory approvals.
*this image is generated using AI for illustrative purposes only.
Warren Tea Limited has announced its unaudited financial results for the third quarter and nine months ended 31st December, 2025, revealing a significant deterioration in financial performance compared to the previous year.
Financial Performance Overview
The company's quarterly performance showed a marked decline across key metrics:
| Metric: | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Total Income: | ₹36 lakhs | ₹237 lakhs | -84.8% |
| Total Expenses: | ₹89 lakhs | ₹84 lakhs | +6.0% |
| Net Loss/Profit: | (₹53 lakhs) | ₹153 lakhs | Loss |
| EPS: | (₹0.44) | ₹1.28 | Negative |
Nine-Month Performance Analysis
The nine-month results further highlighted the company's challenging financial position:
| Parameter: | 9M FY26 | 9M FY25 | Variance |
|---|---|---|---|
| Total Income: | ₹111 lakhs | ₹361 lakhs | -69.3% |
| Total Expenses: | ₹279 lakhs | ₹251 lakhs | +11.2% |
| Net Loss/Profit: | (₹168 lakhs) | ₹110 lakhs | Loss |
| EPS: | (₹1.41) | ₹0.92 | Negative |
Revenue and Expense Breakdown
Warren Tea Limited continues to have no revenue from operations, with the company's income entirely derived from other sources. Other income for Q3FY26 stood at ₹36 lakhs, significantly lower than ₹237 lakhs in the corresponding quarter of the previous year.
The expense structure for Q3FY26 included:
- Employee Benefits Expense: ₹47 lakhs
- Other Expenses: ₹30 lakhs
- Depreciation and Amortisation: ₹9 lakhs
- Finance Costs: ₹3 lakhs
Corporate Developments
The Board of Directors has approved a draft scheme of arrangement and amalgamation with Maple Hotels and Resorts Limited, an unlisted public limited company and associate of Warren Tea Limited. The scheme has been placed before relevant authorities and remains subject to statutory and regulatory approvals.
The Bombay Stock Exchange has issued an observation letter regarding the proposed amalgamation scheme under Regulation 37 of SEBI (LODR) 2015 and applicable provisions of the Companies Act, 2013.
Regulatory Compliance and Board Meeting
The financial results have been prepared in accordance with Indian Accounting Standard 34 and have undergone limited review by GARV & Associates, Chartered Accountants. The Board meeting was held on 10th February, 2026, starting at 12.30 PM and concluding at 1.50 PM, with the results approved by the Audit Committee and Board of Directors.
The company has complied with the requirements of Regulation 30 and 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results have been posted on the company's website at www.warrentea.com .
Historical Stock Returns for Warren Tea
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.09% | +13.41% | +1.76% | -18.40% | -10.00% | -0.99% |
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