Mcleod Russel India's Q1 FY 2026-27 Quarterly Results

Result Summary

• Mcleod Russel India Ltd reported a 95.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 21.0%.
• Its expenses for the quarter were down by 6.4% QoQ and up 2.8% YoY.
• The net profit decreased 81.6% QoQ and decreased 69.2% YoY.
• The earnings per share (EPS) of Mcleod Russel India Ltd declined at 1.28 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

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 primarily engaged in the cultivation and manufacture of tea. As one of the largest tea producers globally, the company is a prominent player in the agricultural sector, specifically within the tea industry. The company's operations include the cultivation, processing, and sale of tea both domestically and internationally. While no recent significant developments are available, the company's historical focus has been on maintaining and expanding its tea production capabilities.

Revenue

For the first quarter of FY27, Mcleod Russel India Ltd reported a total income of ₹263.70 crores, marking a 95.6% increase from the previous quarter (Q4FY26), which recorded ₹134.81 crores. Year-over-year, there was a 21.0% growth from the ₹217.94 crores reported in Q1FY26. This substantial quarter-over-quarter increase in total income suggests a significant rise in revenue within this period. The year-over-year growth further reflects an upward trajectory in the company's revenue generation compared to the same quarter in the previous fiscal year.

Profitability

In Q1FY27, the company recorded a loss before tax of ₹13.33 crores, an improvement from the loss of ₹308.25 crores in Q4FY26. This represents a 95.7% reduction in losses quarter-over-quarter. Comparatively, the year-over-year change from a loss of ₹51.65 crores in Q1FY26 shows a 74.2% reduction in losses. The profit after tax for Q1FY27 was a loss of ₹13.38 crores, an 81.6% decrease in losses from the previous quarter's ₹72.67 crores loss, and a 69.2% reduction from the ₹43.48 crores loss in Q1FY26. The earnings per share (EPS) followed a similar pattern, with a loss of ₹1.28 compared to the previous quarter's ₹6.95, and a year-over-year improvement from a loss of ₹4.15.

Operating Metrics

Total expenses for the first quarter of FY27 were ₹277.03 crores, a decrease of 6.4% from ₹296.11 crores in Q4FY26, and a slight increase of 2.8% from ₹269.59 crores in Q1FY26. This indicates a decrease in expenses quarter-over-quarter and a marginal increase year-over-year. The tax expense recorded a small charge of ₹0.05 crores in Q1FY27, compared to a previous credit of ₹235.58 crores in Q4FY26, and a credit of ₹8.17 crores in Q1FY26. This change in tax expense is noteworthy as it represents a shift from tax credits to a tax charge within the current quarter.