BSETerai Tea Company LtdMediumNeutral
Announced Sat, 30 May · 20:36 IST

Re-appointment of Internal Auditor

Management Changes View source PDF

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₹111.95
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AI summary

Terai Tea Company Limited held its Board meeting on 30 May 2026 and approved the re-appointment of M/s. Tamakhubala & Associates as Internal Auditors and M/s. Debabroto Banerjee and Associates as Cost Auditors for FY 2026-27. The company also reported audited standalone financial results for Q4 and year ended March 2026, showing revenue from operations of Rs 8,871.39 lakhs (down from Rs 10,299.49 lakhs last year) and standalone profit after tax of Rs 959.92 lakhs (up from Rs 368.05 lakhs last year). EPS improved to Rs 13.95 from Rs 5.35. Consolidated profit after tax was Rs 518.44 lakhs. Statutory auditors Saha & Majumder expressed an unmodified opinion on the financial results.

Likely market impact

The re-appointment of auditors is a routine governance matter with no adverse implications. The improvement in profitability despite lower revenue indicates better cost management. The stock remains listed on BSE (Scrip: 530533) and CSE (Scrip: 30105).