Norben Tea & Exports Limited — Important, 13-02-2025: Financial Result Updates

**Consolidated Financial Summary for Norben Tea & Exports Limited**

Norben Tea & Exports Limited reports total income of ₹658.55 crore for the nine months ended 31st December 2024, showing a notable increase from ₹542.00 crore in the previous fiscal year, reflecting a growth of approximately 21.5%. This revenue growth is potentially driven by increased demand in the tea sector and market expansion initiatives.

The company's profit before tax stands at ₹85.58 crore compared to a loss of ₹66.63 crore year-over-year. The improvement in profitability can be attributed to effective cost management, despite operational expenses amounting to ₹572.97 crore, which is down from ₹608.63 crore previously. Employee benefits and finance costs are significant contributors to operational expenses, amounting to ₹335.41 crore and ₹79.59 crore respectively.

The balance sheet shows paid-up equity share capital remains steady at ₹1175.00 crore, indicating stable capitalization as the firm focuses on strengthening its financial position. The company has also successfully completed the allotment of 37,94,100 warrants convertible into equity shares, raising ₹161.25 crore.

Strategically, Norben Tea is expected to focus on cost control and operational efficiency as it navigates market conditions. Given the recent performance improvements and operational strategies, investors might consider a hold position, closely monitoring for further developments.