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Dhunseri Ventures Ltd Q1FY24; 77% fall in Profits

Incorporated as Dhunseri Tea Co. Limited, its first business was cultivation and production of tea at its tea estates located at Assam.
Later it acquired the Bottle Grade PET resin business of South Asian Petrochem Ltd and the name of the company was changed to Dhunseri Petrochem & Tea Limited.

Financial Results:

Dhunseri Ventures Ltd reported Revenues for Q1FY24 of ₹40.00 Crores up from ₹39.00 Crore year on year, a rise of 2.56%.

Total Expenses for Q1FY24 of ₹32.00 Crores down from ₹63.00 Crores year on year, a fall of 49.21%.

Consolidated Net Profit of ₹40.00 Crores down 77.27% from ₹176.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹11.57, down 77.04% from ₹50.39 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: tea
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