United Nilgiri Tea Estates Company Ltd Share Price – NSE

Plantation & Plantation Products, Small Cap

Net profit of United Nilgiri Tea Estates Company rose 8.16% to Rs 3.05 crore in the quarter ended March 2024 as against Rs 2.82 crore during the previous quarter ended March 2023. Sales rose 41.13% to Rs 21.89 crore in the quarter ended March 2024 as against Rs 15.51 crore during the previous quarter ended March 2023.

For the full year,net profit rose 32.43% to Rs 16.05 crore in the year ended March 2024 as against Rs 12.12 crore during the previous year ended March 2023. Sales rose 0.44% to Rs 84.02 crore in the year ended March 2024 as against Rs 83.65 crore during the previous year ended March 2023.

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United Nilgiri Tea Estates Company announced that the Board of Directors of the Company at its meeting held on 27 May 2024, inter alia, have recommended the final dividend of Rs 1.7 per equity Share (i.e. 17%) , subject to the approval of the shareholders.

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United Nilgiri Tea Estates Company will hold a meeting of the Board of Directors of the Company on 27 May 2024

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United Nilgiri Tea Estates Company announced that the Board of Directors of the Company at its meeting held on 9 February 2024, has recommended a Interim dividend of Rs.1 per share (i.e.10%), subject to the approval of the shareholders.

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