Tyroon Tea Company Limited has submitted its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved these results on August 11, 2026. A key highlight from the limited review report notes a discrepancy concerning the non-provision of current and deferred tax liability, which is not in accordance with Ind AS – 12 “Income Taxes”.
Unaudited Financial Results for Q1 FY27 Released
Tyroon Tea Company Limited has officially filed its unaudited standalone financial results for the first quarter of the fiscal year 2026-27, which concluded on June 30, 2026. These results were formally approved by the company’s Board of Directors during a meeting held on August 11, 2026, which commenced at approximately 12:30 PM and concluded by 13:55 PM.
Key Financial Highlights
The submitted financial statement for the quarter ended June 30, 2026, shows a Net Profit/(Loss) for the period after tax of ₹115.52 Lakhs. This contrasts with a significant Net Loss of (₹581.93) Lakhs reported for the same period in the previous year (ended June 30, 2025). Total comprehensive income for the current quarter stood at ₹139.08 Lakhs.
Auditor’s Observations
In conjunction with the financial results, K. N. Gutgutia & Co., Chartered Accountants, have provided a Limited Review Report. A notable point raised in their report (Note No. 4) is the non-provision of tax liability (current and deferred) for the quarter ended June 30, 2026, which is stated as being not in accordance with Ind AS – 12 “Income Taxes”. The auditors further draw attention to the figures for the quarter ended March 31, 2026, being balancing figures from the previous financial year, which were reviewed but not audited.
Business Context
The company operates within the business of cultivation, manufacturing, and sale of tea, a sector known for its seasonality. This means quarterly performance can vary significantly and may not be representative of the annual results. The ultimate income tax liability will be determined at the year-end, i.e., March 31, 2027. Tyroon Tea Company Limited operates under a single business segment: cultivation, manufacture, and sale of tea.
Other noteworthy points include an exceptional income of ₹7.00 Lakhs recognized in the previous financial year, related to compensation for loss/damage of tea plants. Additionally, the company has lodged an insurance claim of ₹22.68 Lakhs for tea damaged due to water logging.
Source: BSE
