Incorporated in 1895, TGTCL produces black tea of crush, tear and curl (CTC) variety, which it sells in the domestic market through a mix of auction and private sales. The company was taken over by the current management – the Rawalwasia Group in May 2009.
Financial Results:
The Grob Tea Co Ltd reported Revenues for Q1FY24 of ₹20.96 Crores up from ₹17.59 Crore year on year, a rise of 19.16%.
Total Expenses for Q1FY24 of ₹20.15 Crores up from ₹15.41 Crores year on year, a rise of 30.76%.
Consolidated Net Profit of ₹2.32 Crores down 17.44% from ₹2.81 Crores in the same quarter of the previous year.
The Earnings per Share is ₹19.96, down 17.45% from ₹24.18 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.