Jay Shree Tea & Industries Ltd reports earnings for Q3FY21
Posted On:
2021-02-14 20:44:00
(Time Zone: Arizona, USA)
Jay Shree Tea & Industries Ltd. a Birla Group of company reported an all time record cash profit of Rs. 105 crore on Turnover of Rs. 440 crore under the chairmanship of Mrs. Jayashree Mohta.
The company took several measures to streamline its operation in tea, chemicals & fertilisers and treasury. It succeeded in controlling cost on various front. It reduced its debt burden by Rs. 150 crore upto 3rd quarter ended December, 2020. The company is in the process of monetising certain assets and hopeful to be debt free by 2nd quarter of next Year.