Norben Tea & Exports Limited — Others, 13-11-2024: Copy of Newspaper Publication
13-11-2024 | 04:30 pm
13-11-2024 | 04:30 pm
Norben Tea & Exports Limited has announced a board meeting on 12 November to approve the financial results for the quarter and half-year ended 30 September 2024. The company reported total income from operations of ₹6.39 crore for the quarter, down from ₹6.12 crore year-on-year. A net loss of ₹1.20 crore was recorded, compared to a loss of ₹0.02 crore in the same period last year. The results indicate ongoing challenges impacting profitability, potentially raising concerns among investors. The focus will likely shift to strategic measures to stabilize performance and enhance shareholder value. Overall, investor sentiment may remain cautious due to continued losses.
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