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Terai Tea Company LtdUpdates, 30-05-2025: Company Update

30-05-2025 | 11:26 pm

Terai Tea Company Limited has announced a board meeting outcome where it approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. The company reported a consolidated profit before tax of Rs. 430.11 lakh and a consolidated net profit of Rs. 365.08 lakh, showing improved operational performance driven by its tea garden and trading segments. The board approved the re-appointment of Mr. Ajit Kumar Agarwala as Managing Director for three years from August 12, 2025, subject to shareholders’ approval. Additionally, the board re-appointed M/s. Prity Bishwakarma & Co. as Secretarial Auditors (five-year term), M/s. Tamakhubala & Associates as Internal Auditors, and M/s. Debabrota Banerjee and Associates as Cost Auditors for the FY 2025-26. The statutory auditors issued an unmodified opinion on the financial results, confirming their reliability. These leadership and audit appointments reinforce governance stability and compliance, supporting shareholder confidence.

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