According to reports from Business Standard, T&I Global experienced a significant decline in financial performance during the quarter ended June 2026. The company's standalone net profit dropped 29.07% to ₹1.83 crore compared to ₹2.58 crore in the corresponding quarter of the previous year. This substantial profit decline reflects challenging market conditions or operational issues during the quarter. The Board of Directors approved the unaudited financial results during a meeting held on August 14, 2026, with the figures reviewed by the Audit Committee and subjected to a limited review by statutory auditors Agarwal & Associates.
As reported by Business Standard, the company's sales revenue declined 12.28% to ₹30.28 crore in Q1 FY2026, down from ₹34.52 crore in the same quarter of the previous financial year. This revenue contraction indicates potential market headwinds or operational challenges that impacted the company's top-line performance during the quarter. The Kolkata-based manufacturer saw revenue from operations fall 12% year-on-year to ₹3,028.25 lakh, driven primarily by softer demand in its core business verticals.
According to the latest financial data, the Tea Machinery segment contributed ₹2,739.72 lakh to total revenue, down from ₹2,966.32 lakh in Q1FY26, though it remained profitable with a result of ₹259.89 lakh compared to ₹405.98 lakh in the prior year quarter. The Tea Manufacturing segment continued to operate at a loss, reporting a segment result of (₹17.91 lakh) compared to a loss of (₹22.60 lakh) in Q1FY26, with revenue falling sharply to ₹288.53 lakh from ₹485.62 lakh year-ago. Total expenses were contained at ₹2,815.51 lakh, down from ₹3,080.89 lakh in Q1FY26, reflecting lower material costs and inventory adjustments.
The company's operating profit margin (OPM) compressed to 8.12% in Q1 FY2026, compared to 11.70% in the corresponding quarter of the previous year. PBDT (Profit Before Depreciation and Tax) fell 34% to ₹2.75 crore from ₹4.16 crore year-on-year, while PBT (Profit Before Tax) declined 37% to ₹2.42 crore from ₹3.84 crore in the same period last year. Notably, profit before tax stood at ₹241.99 lakh, while total comprehensive income for the period reached ₹371.44 lakh, with a significant difference of ₹251.35 lakh attributable to items that will not be reclassified to profit or loss. Earnings per share (basic and diluted) stood at ₹3.62, down from ₹5.09 in Q1FY26, with the company's paid-up equity share capital remaining unchanged at ₹506.77 lakh.
