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bengal tea & fabrics ltd (532230) Details

Bengal Tea & Fabrics Limited manufactures and sells tea, yarn, and fabrics in India and internationally. It operates through Tea, Textile, and Real Estate divisions. The company’s textile products include cotton yarn, manmade fiber yarn, blended yarn, and fabrics. It also operates three tea estates with a planted area of 626 hectares located in in Upper Assam; and offers various tea products, such as black tea and tea seeds, as well as develops and sells real estate property. In addition, the company exports its products. Bengal Tea & Fabrics Limited was incorporated in 1983 and is based in Kolkata, India.

1,912 Employees
Last Reported Date: 07/4/16
Founded in 1983

bengal tea & fabrics ltd (532230) Top Compensated Officers

Chairman and Managing Director
Total Annual Compensation: 3.9M
Whole-Time Director
Total Annual Compensation: 1.8M
Compensation as of Fiscal Year 2016.
bengal tea & fabrics ltd
Bengal Tea & Fabrics Ltd. Reports Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2016

Bengal Tea & Fabrics Ltd. reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2016. For the second quarter, the company reported net sales/income from operations (net of excise duty) of INR 518.7 million against INR 599.1 million for the same period last year. Profit from operations before other income, finance costs and exceptional items was INR 34.6 million against profit from operations before other income, finance costs and exceptional items of INR 68.3 million for the same period last year. Profit from ordinary activities before tax was INR 22.6 million against INR 58.6 million for the same period last year. Net profit was INR 17.7 million or INR 1.96 per basic and diluted share before and after extraordinary items against INR 46.6 million or INR 5.17 per basic and diluted share before and after extraordinary items for the same period last year. For the half year, the company reported net sales/income from operations (net of excise duty) of INR 1,020.1 million against INR 1,085.4 million for the same period last year. Profit from operations before other income, finance costs and exceptional items was INR 53.7 million against profit from operations before other income, finance costs and exceptional items of INR 101.6 million for the same period last year. Profit from ordinary activities before tax was INR 29.7 million against INR 79.4 million for the same period last year. Net profit was INR 21.5 million or INR 2.39 per basic and diluted share before and after extraordinary items against INR 60.0 million or INR 6.66 per basic and diluted share before and after extraordinary items for the same period last year.

Bengal Tea & Fabrics Ltd. Announces Management Changes

Mr. Golam Momen, Non-Executive Independent Director, had stepped down from the post of Chairman of Bengal Tea & Fabrics Ltd. and Mr. Adarsh Kanoria, Managing Director has been appointed as Chairman of the company, at the Board of Directors meeting held on November 5, 2016.

Bengal Tea & Fabrics Ltd. to Report Q2, 2017 Results on Nov 05, 2016

Bengal Tea & Fabrics Ltd. announced that they will report Q2, 2017 results on Nov 05, 2016

 

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