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Goodricke Group LtdBoard Meeting, 07-08-2025: Board Meeting

07-08-2025 | 06:32 pm

Goodricke Group's board approved financial results for the quarter ended June 30, 2025. Revenue from operations was 17451, leading to a profit of 319 for the period. Operational margins were impacted by a 12% decrease in crop due to unfavorable weather and a 7% drop in domestic sale prices. Auditors flagged a qualification on tea stock valuation, noting it's based on estimated costs rather than actuals, with the financial impact not determined. Separately, the company announced an agreement post-quarter to sell specific tea estate assets and leasehold rights for 26.50 Cr.

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