Diversified PSU Andrew Yule today reported 35 per cent decline in net profit at Rs 6.28 crore for the quarter ended on December 31, 2015, due to fall in income.
The company had clocked a net profit of Rs 9.65 crore in the year ago period.
Total income during the October-December quarter of current fiscal declined to Rs 101.79 crore from Rs 105.78 crore in the year ago period.
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The present business of the Andrew Yule Group includes Tea, Electrical, Engineering, Lubricant, Printing, Digital Communication etc.
The company has 15 tea gardens. Last year it opened a tea lounge in Kolkata.
