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United Nilgiri Tea Estates Company Ltd Q1FY24; 40% rise in Profits

United Nilgiri Tea Estates Company Ltd is primarily engaged in growing and manufacture of Tea and letting out of its commercial property. Its tea is sold both in domestic and international markets.

Financial Results:

United Nilgiri Tea Estates Company Ltd reported Revenues for Q1FY24 of ₹19.36 Crores down from ₹23.43 Crore year on year, a fall of 17.37%.

Total Expenses for Q1FY24 of ₹15.37 Crores down from ₹19.48 Crores year on year, a fall of 21.1%.

Consolidated Net Profit of ₹4.84 Crores up 39.88% from ₹3.46 Crores in the same quarter of the previous year.

The Earnings per Share is ₹9.69, up 40.03% from ₹6.92 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.

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