GOODRICKE GROUP LTD.

Goodricke Group Ltd announced that its Board of Directors has approved the Unaudited Financial Results for the quarter ended June 30, 2026. The results were reviewed by the Audit Committee and a Limited Review Report was obtained from the Statutory Auditors. Additionally, the Board approved the appointment of M/s Grant Thornton Bharat LLP as the Internal Auditors for a period of three financial years, commencing from FY 2026-27 to FY 2028-29. The meeting commenced at 12:30 P.M. (IST) and concluded at 5:45 P.M (IST).

Goodricke Group's standalone Q1 FY27 (quarter ended 30 June 2026) revenue rose 21.1% YoY to ₹211.30 Cr from ₹174.51 Cr, and the company swung to a net profit of ₹40.87 Cr (EPS ₹18.92) against a thin ₹3.19 Cr profit (EPS ₹1.48) a year earlier — nominally a >12x jump, but almost entirely a base effect since Q1 FY26 profit was near-breakeven. PAT includes a ₹5.80 Cr exceptional gain on the sale of specified assets and leasehold rights at a tea estate (₹19.00 Cr consideration, board-approved 3 April 2026, transacted May 2026); stripping this out, PBT before exceptional was ₹37.35 Cr and adjusted PAT is roughly ₹35.4 Cr — still up sharply YoY, but the triple-digit percentage move is a function of the tiny year-ago base rather than a repeatable growth rate. Sequentially, revenue more than doubled (+103.5% QoQ) and PAT reversed a ₹29.21 Cr Q4 FY26 loss (EPS -₹13.52); this QoQ swing is a seasonality artifact typical of the tea business — Q4 (Jan-Mar) is the lean off-season with heavy fixed-cost drag, while Q1 picks up with the new crop — and should not be read as sequential momentum. Margins expanded materially on both bases: net margin was 18.94% versus -27.86% last quarter and 1.77% a year ago, and OPM (EBITDA/revenue) was 17.90% versus -23.65% QoQ and 1.67% YoY. Management's own note in the filing attributes the improvement to the company's own tea crop volume being 41% higher than the year-ago period (excluding the estate sold) combined with better price realisations and a cost/quality focus — this framing is directly consistent with both the revenue growth and the margin expansion this quarter. Total expenses were roughly flat YoY (₹178.50 Cr vs ₹178.39 Cr) even as employee costs rose to ₹99.14 Cr from ₹95.86 Cr, indicating the margin gain came from operating leverage on higher volumes/realisations rather than cost cutting. There is no prior management guidance or concall commentary on record for this stock, and no broker/consensus estimates could be located (Goodricke is a micro-cap, ~₹407 Cr market cap, with negligible analyst coverage) — so this print cannot be benchmarked against a street number or a prior outlook; both are being reported as unknown/none rather than assumed. Separately, the auditor's qualification that applied a year ago recurs this quarter: the statutory auditor (MSKA & Associates, newly reappointed for a five-year term from 4 August 2026) issued a qualified review conclusion because the company values quarterly tea stock at estimated full-year production/cost rather than actual cost for the quarter — a methodology caveat rather than a restated number, but one that limits comparability of the quarterly P&L construct itself. The board also approved Grant Thornton Bharat LLP as internal auditor for FY27-FY29 at the same meeting, unrelated to the P&L print.

Goodricke Group Ltd announced the appointment of M/s M S K A & Associates LLP as its new Statutory Auditors for a term of five consecutive years, effective from the conclusion of the 50th Annual General Meeting (AGM) held on July 29, 2026. This appointment follows the completion of the second term by the previous auditors, M/s Deloitte Haskins & Sells LLP. The company expressed appreciation for Deloitte's contributions during their tenure. MSKA & Associates LLP is a reputable Indian LLP firm offering audit, tax, and advisory services.

Goodricke Group Ltd has announced that its Board of Directors will convene on August 11, 2026. The primary agenda item for this meeting is to consider and approve the company's Unaudited Financial Results for the quarter ending June 30, 2026. The meeting will also include a review of the Limited Review Report from the Statutory Auditors for the same period. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Goodricke Group Ltd has filed its Annual Report for the financial year ended March 31, 2026, along with the notice for its 50th Annual General Meeting (AGM). The AGM is scheduled for July 29, 2026, at 2:30 PM IST, conducted via video conferencing. The report and notice have been dispatched electronically to shareholders. A record date of July 22, 2026, is set for determining eligibility for proposed dividends and e-voting. Remote e-voting will be open from July 25 to July 28, 2026. The Annual Report includes sections on corporate information, chairman's statement, MD & CEO's message, directors' report, auditors' report, financial statements, and statistics.

Goodricke Group Ltd has announced the details for its 50th Annual General Meeting (AGM), scheduled for Wednesday, July 29, 2026, at 2:30 PM IST. The meeting will be conducted via video conferencing (VC) and other audio-visual means (OAVM). The company has also enclosed its Annual Report for the financial year ended March 31, 2026. The record date for determining entitlement to dividend and remote e-voting is July 22, 2026. Remote e-voting will be open from July 25 to July 28, 2026. Both the Annual Report and AGM notice are available on the company's website and NSDL's e-voting portal.

Goodricke Group Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This closure is in accordance with the company's Code of Conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from Wednesday, July 1, 2026, and will reopen 48 hours after the declaration of the company's unaudited financial results for the quarter ending June 30, 2026. This measure is a standard practice to prevent potential insider trading during periods of sensitive financial information disclosure.

Goodricke Group Ltd's Board of Directors has recommended a dividend of ₹2 per equity share of ₹10 each (20%) for the financial year 2025-26. The record date for determining entitlement to the dividend is set as Wednesday, 22nd July 2026. If declared by shareholders at the 50th AGM on 29th July 2026, the dividend will be paid on or after 3rd August, 2026, subject to tax deductions. The board also approved the appointment of M/s. M S K A & Associates LLP as the Statutory Auditors for five years and approved the commercial sale of dairy products under the “Goodricke” brand.

Goodricke Group Ltd has appointed M/s. M S K A & Associates LLP as the new Statutory Auditors for a term of five years, commencing from the conclusion of the 50th AGM until the conclusion of the 55th AGM, subject to shareholder approval. This appointment replaces the retiring auditors, M/s. Deloitte Haskins & Sells LLP, due to mandatory rotation requirements. The board also approved the audited financial results for FY26, recommended a dividend of ₹2 per share, and approved the commercial sale of dairy products under the “Goodricke” brand.

Goodricke Group Ltd's board approved the audited financial results for the fourth quarter and financial year ended March 31, 2026. The board recommended a dividend of ₹2 per equity share (20% on paid-up share capital) for FY 2025-26, with a record date of July 22, 2026, and payment on or after August 3, 2026, subject to shareholder approval. The 50th Annual General Meeting will be held on July 29, 2026, via video conferencing. M/s. M S K A & Associates LLP was appointed as the new statutory auditors for five years, replacing M/s. Deloitte Haskins & Sells LLP. The company also approved the commercial sale of dairy products under the “Goodricke” brand.