Tata Tea net profit dips 8.5 percent in first quarter

Mumbai, July 28 (IANS) Tata Tea Ltd has announced a net profit of Rs.377.1 million during the first quarter this fiscal, compared to Rs.412.3 million in the same period the previous year, reflecting a decrease of 8.5 percent.

For the latest quarter ending June 30, total income was Rs.3.27 billion, as against Rs.2.94 billion in the corresponding quarter last year.