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Investegate |Tata Consumer Prod Announcements | Tata Consumer Prod : 3rd Quarter Results

Investegate |Tata Consumer Prod Announcements | Tata Consumer Prod : Half-year Report

Investegate |Tata Consumer Prod Announcements | Tata Consumer Prod : 3rd Quarter Results

  1.  For the quarter, Revenue from operations increased by 23% (21% in constant currency) as compared to corresponding quarter of the previous year, led by volume and value growth in the branded business. The Group s business segments catering to out of home consumption continue to be adversely impacted, with progressive recovery from the earlier lows. Profit before exceptional items and tax at Rs 298 Crores is higher by 13% as compared to corresponding quarter of the previous year, mainly on account of growth in revenue and good control over expenditure despite record tea cost inflation in India. Lower tax provision in the current quarter is on account of one time credits and profit mix. Group Consolidated Net Profit is higher by 29%.

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