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Kamal Baheti, CFO, McLeod Russel says that the tea prices are trending higher due to higher quality available in the market.

"The impact on the profitability was mainly because of the cost and recovery of any crop because of the weather conditions."

Only quality teas that constitute 15 per cent of total production of 1,200 million kg are fetching good prices.

This will improve the quality of the tea and if we can really put some other norms in place, we will be able to export these teas.