Norben Tea & Exports Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting
08-08-2025 | 03:21 pm
08-08-2025 | 03:21 pm
Norben Tea & Exports' Board has approved its standalone financial results for the quarter ended June 30, 2025. The company reported a net profit of ₹0.28 Cr, showing a notable improvement from ₹0.04 Cr in the same quarter last year. Revenue from operations stood at ₹1.23 Cr. Additionally, the Board approved the conversion of 3.68 lakh warrants into equity shares at ₹17 each, raising ₹0.47 Cr from the balance subscription money. This move further strengthens the company's equity base, part of its ongoing preferential allotment plan. The company continues to focus on its core tea business.
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