Goodricke Group Ltd — Results, 07-08-2025: Result

Goodricke Group has announced its financial results for the quarter ended June 30, 2025. Revenue stood at 174.51 Cr, down from 197.44 Cr in the same period last year, and profit significantly declined to 3.19 Cr from 12.49 Cr. This performance was largely impacted by a 12% lower crop yield and a 7% drop in domestic sale prices. Auditors noted a qualification regarding tea stock valuation, citing non-compliance with accounting standards and an unascertainable financial impact. Post-quarter, the company signed an agreement to sell a tea estate's assets and leasehold rights for 26.50 Cr, a strategic move not reflected in these results.