Rossell Techsys Discusses Potential U.S. Tariff Exemptions for Customers
Rossell Techsys, an aerospace and defense technology company, held a conference call to discuss potential U.S. tariff exemptions for its customers. The company focused on how these exemptions could impact their customer base, potentially reducing costs, enhancing product competitiveness in the U.S. market, and strengthening customer relationships. This proactive approach demonstrates Rossell Techsys' commitment to transparency and adaptability in the face of changing international trade policies.
05Aug 25
Rossell India Reports 8.7% Profit Growth, Boosts Revenue with Tea Estate Acquisition
Rossell India Limited announced strong Q1 FY2024 results with revenue up 45.1% to ₹4,358.00 lakh and profit increasing 8.7% to ₹801.00 lakh. The growth was largely attributed to the acquisition of Dhoedaam Tea Estate in Assam. EPS rose to ₹2.12, up 8.2% year-over-year. However, employee benefits expense increased by 33.7% to ₹3,912.00 lakh due to expanded operations. The company noted that quarterly results may not indicate full-year performance due to the seasonal nature of the tea business.