The Board of Directors of McLeod Russel India Limited, in their meeting held on May 29, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The results were published with a modified opinion by the statutory auditors.

McLeod Russel India Limited is a prominent tea cultivation, manufacturing, and sales company. The company has been navigating significant financial distress, which has impacted its net worth and operational performance. During 2025, the company continued efforts to rationalize operational costs and pursued debt restructuring with Asset Reconstruction Companies (ARCs) to manage its substantial borrowings.

In the quarter ended March 31, 2026, the company reported a revenue from operations of Rs. 8,431 lakhs, compared to Rs. 12,789 lakhs in the corresponding quarter of the previous year and Rs. 39,831 lakhs in the preceding quarter. The net loss for the quarter ended March 31, 2026, was Rs. 4,919 lakhs, compared to a net loss of Rs. 16,944 lakhs in the corresponding quarter last year and a net loss of Rs. 3,073 lakhs in the preceding quarter.

ParticularsQuarter Ended March 31, 2026 (Rs. Lakhs)QoQ Change (%)YoY Change (%)
Revenue from Operations8,431(78.83%)(34.07%)
Net Profit/(Loss)(4,919)(60.07%)70.97%

Note: For net profit/loss, a positive percentage indicates a narrowing of losses (improvement), while a negative percentage indicates a widening of losses.

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