Mcleod Russel reports 4% surge in Q3 net profit

21 Jan 2014 Evaluate

Mcleod Russel India has reported results for third quarter ended December 31, 2013.

The company has reported 4.47% rise in its net profit at Rs 128.66 crore for the quarter as compared to Rs 123.15 crore for the same quarter in the previous year. Total income from operations of the company has increased by 6.45% at Rs 486.53 crore for quarter under review as compared to Rs 457.04 crore for the quarter ended December 31, 2012.

Mcleod Russel India is the largest tea producing company in the world. In July 2005 McLeod Russel acquired Borelli Tea Holdings from the Magor family based in England and took over the 17 tea gardens of its Indian subsidiary Williamson Tea Assam. McLeod Russel is the largest tea exporter from India with a strong customer base in United Kingdom and Europe.

Mcleod Russel Share Price

25.29 0.49 (1.98%)
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Company Name CMP
Tata Consumer Produc 1102.90
CCL Products (India) 580.00
Mcleod Russel 25.29
Goodricke Group 172.05
Jay Shree Tea 101.70
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