Norben Tea & Exports Limited
Board Meeting Details
The Board of Directors meeting was held on August 12, 2026, commencing at 3:00 PM and concluding at 3:38 PM. The financial results were reviewed by the Audit Committee and taken on record by the Board on the same date.
Financial Results Summary (Quarter Ended June 30, 2026)
Income Statement Highlights (₹ in lakh):
- Revenue from operations: ₹129.57 lakh
- Total expenses: ₹97.28 lakh
- Cost of materials consumed: ₹82.59 lakh
- Employee benefits expense: ₹98.97 lakh
- Finance costs: ₹19.99 lakh
- Depreciation and amortization: ₹14.50 lakh
- Other expenses: ₹48.41 lakh
- Profit before tax: ₹32.29 lakh
- Total tax expense: ₹0.00 lakh (no provision made for quarter)
- Net profit after tax: ₹32.29 lakh
- Other comprehensive income: ₹0.00 lakh
- Total comprehensive income: ₹32.29 lakh
Comparative Performance:
- Previous quarter (Q4 FY2026): Net loss of ₹78.65 lakh
- Corresponding quarter previous year (Q1 FY2026): Net profit of ₹28.50 lakh
Capital Structure:
- Paid-up equity share capital: ₹1,554.41 lakh (face value ₹10 per share)
- Other equity: Not specified for current quarter
Earnings Per Share:
- Basic EPS: ₹0.21
- Diluted EPS: ₹0.21
Auditor's Limited Review Report
A.O. Mittal & Associates LLP conducted limited review of interim financial results as required by Regulation 33 of SEBI Listing Regulations. The review was performed in accordance with SRE 2410 issued by ICAI. The auditors concluded that nothing came to their attention causing them to believe the statement contains material misstatement or fails to comply with disclosure requirements.
Important Notes to Financial Results
1. Tax provisioning: Ultimate income tax liability will depend on full-year results ending March 31, 2027. Due to seasonal nature of tea business, provision for tax (current and deferred) will be made at year-end audit.
2. Seasonal business consideration: The company is engaged in cultivation, manufacture, and sale of tea which is seasonal. Figures for quarter ended June 30, 2026 should not be construed as representative of likely results for year ending March 31, 2027.
3. Business segments: The company operates mainly in one business segment - cultivation, manufacturing and selling of tea. All other activities revolve around this main activity.
4. Raw materials: Value of consumption of raw materials represents only green leaf purchased from third parties.
5. Subsidiaries/associates: The company had no subsidiary/associate/joint venture companies as of June 30, 2026.
6. Comparative figures: Previous period figures have been regrouped/rearranged to conform to current period presentation.