Incorporated in 1945, Jay Shree Tea & Industries Ltd. is a part of the diversified conglomerate of B.K Birla Group. The Co. is principally engaged in the manufacture of tea, chemical & fertilisers and sugar. It is the third-largest tea producer in the world & 2nd largest tea producer in India.
Financial Results:
- Jay Shree Tea & Industries Ltd reported Revenues for Q1FY24 of ₹180.00 Crores up from ₹161.00 Crore year on year, a rise of 11.8%.
- Total Expenses for Q1FY24 of ₹202.00 Crores up from ₹162.00 Crores year on year, a rise of 24.69%.
- Consolidated Net Profit of ₹16.00 Crores from -₹54.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹5.55, from -₹18.78 in the same quarter of the previous year.