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

30-05-2025 | 11:49 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 after tax of Rs. 953.13 lakh for the year, up from Rs. 492.50 lakh the previous year, supported by improved operational performance and associates’ contributions. The Board approved the re-appointment of Mr. Ajit Kumar Agarwala as Managing Director for three years from August 12, 2025, subject to shareholder approval. Secretarial, internal, and cost auditors were also re-appointed or newly appointed for upcoming terms. The statutory auditors issued an unmodified opinion on the financial statements, confirming their accuracy and compliance.

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