Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (''SEBI Listing Regulations''), we hereby inform you that the Board of ....
NORBTEAEXP · price
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Norben Tea & Exports Ltd reported audited standalone financial results for FY2026 ending March 31, 2026. Revenue from operations grew 5.4% to Rs 806.88 lakhs from Rs 765.22 lakhs in FY2025. However, the company continued to incur losses with net loss after tax of Rs 29.48 lakhs compared to Rs 17.67 lakhs in the previous year. Total comprehensive loss stood at Rs 22.60 lakhs versus a profit of Rs 5.59 lakhs in FY2025. The statutory auditor issued an unmodified (clean) opinion on the financial statements. The Board also approved a change in internal auditors - M/s AAN & Associates LLP resigned citing pre-occupation and was replaced by M/s L.K. Bohania & Co for FY2026-27.
The company shows marginal revenue growth but deteriorating profitability with widening losses. Despite the losses, a clean audit opinion with no going concern doubt provides some comfort to investors, though the negative PAT and cash outflows from operations remain concerns.