Tea Rally Seen Reviving Profit at World’s Top Grower
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McLeod Russel India Ltd., the world’s biggest tea grower, forecasts its profit will climb for the first time in three years as prices rally on prospects of dry weather shrinking the crop in the main growing regions.
Net income at the Kolkata-based company may increase as much as 15 percent in the 12 months through March 31, 2015 from