Country's tea export saw a rise both in quantity and value terms during the first three months of 2016
The company has managed to achieve 80 percent capacity utilisation, including the Chattisgarh plant, in the quarter under review. Bangur expects the Chattisgarh plant to run at 60 percent capacity in the next quarter.
Britannia's operating margin for April-June came in at 7.7 percent, up from 4.7 percent a year ago, which Vinita Bali, MD, said, was due to improvement in product mix and higher price realisation, apart from cost management.
Vivek Saraogi, MD, Balrampur Chini explains to CNBC-TV18 that above-average volumes and high price-realisation enabled the company to post positive results. However, its co-generation unit posted a loss due to non-generation of electricity during the monsoon quarter.