Mcleod Russel India's Q1 FY 2025-26 Quarterly Results

Result Summary

• Mcleod Russel India Ltd reported a 8.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 8.8%.
• Its expenses for the quarter were down by 40.1% QoQ and up 8.0% YoY.
• The net profit decreased 80.1% QoQ and increased 110.7% YoY.
• The earnings per share (EPS) of Mcleod Russel India Ltd declined at 4.15 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Mcleod Russel India Ltd is a prominent player in the tea industry, known for being one of the largest producers of tea in India. The company's primary business involves the cultivation and production of tea, which is distributed both domestically and internationally. Mcleod Russel has a rich history and is part of the Williamson Magor Group. As of the latest available data, the company operates numerous tea estates in Assam and West Bengal, which are crucial regions for tea cultivation in India. Recent developments in the company include strategic initiatives to improve operational efficiency and enhance product quality. However, specific recent developments beyond this general industry context are not available from the provided data.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Mcleod Russel India Ltd reported a total income of ₹217.94 crores. This represents an increase of 8.6% quarter-over-quarter (QoQ) from ₹200.62 crores in the fourth quarter of fiscal year 2025 (Q4FY25) and an 8.8% year-over-year (YoY) increase from ₹200.25 crores in the first quarter of fiscal year 2025 (Q1FY25). The growth in total income reflects the company's performance in generating revenue, potentially attributable to factors such as market demand or pricing strategies. The financial data provided does not include detailed segment-wise revenue, limiting further analysis of the revenue composition.

Profitability

The profitability metrics for Mcleod Russel India Ltd in Q1FY26 indicate a continued challenge in achieving profitability. The company reported a Profit Before Tax (PBT) of -₹51.65 crores, which, while still negative, shows a significant improvement of 79.3% QoQ compared to -₹249.73 crores in Q4FY25. However, on a YoY basis, PBT worsened by 71.8% from -₹30.07 crores in Q1FY25. The Profit After Tax (PAT) for Q1FY26 was -₹43.48 crores, improving 80.1% QoQ from -₹218.42 crores in Q4FY25, but reflecting a decline of 110.7% YoY from -₹20.64 crores in Q1FY25. The Earnings Per Share (EPS) was -₹4.15, showing similar QoQ and YoY trends as PAT. Tax expenses in Q1FY26 were reduced to -₹8.17 crores, a decrease of 73.9% QoQ, aligning with the reduction in pre-tax losses.

Operating Metrics

Mcleod Russel India Ltd's operating metrics reveal a significant reduction in total expenses for Q1FY26, amounting to ₹269.59 crores. This is a substantial decrease of 40.1% QoQ from ₹450.43 crores in Q4FY25, although there is an 8.0% increase YoY from ₹249.53 crores in Q1FY25. The reduction in expenses QoQ could result from cost-cutting measures or operational efficiencies. However, the increase in expenses YoY suggests rising costs or investments in operations over the past year. The data does not provide specific breakdowns of operating costs, limiting further analysis of the cost structure.