Norben Tea & Exports Limited has submitted to the Exchange, the financial results for the quarter and financial year ended March 31, 2026.
NORBTEAEXP · price
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On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.5 pts less than its Tea & Coffee peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Norben Tea & Exports Limited reported FY2026 revenue of Rs. 806.88 Lakhs, a modest increase of about 5.4% from Rs. 765.22 Lakhs in FY2025. However, the company continues to incur losses with a net loss of Rs. 29.48 Lakhs for FY2026 compared to a net loss of Rs. 17.67 Lakhs in FY2025, indicating worsening profitability despite revenue growth. The loss before tax improved slightly from Rs. 17.32 Lakhs to Rs. 16.02 Lakhs. The statutory auditor A O Mittal & Associates issued an unmodified (clean) opinion on the financial statements. Concurrently, the company announced a change in internal auditors: AAN & Associates LLP resigned citing preoccupation, and L.K. Bohania & Co was appointed as the new internal auditor for FY 2026-27.
The widening net loss despite marginal revenue growth is concerning for shareholders. The clean audit opinion provides some comfort, but the persistent losses in the tea business warrant monitoring.