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Tata Consumer reports 43% decline in Q1 profits - The Hindu BusinessLine

Tata Consumer reports 43% decline in Q1 profits - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Sunil Dsouza , Tata Consumer Products , Tata Consumer Products Limited , India Beverages , Managing Director , சுனில் ட்சொஜா , டாடா நுகர்வோர் ப்ராடக்ட்ஸ் , டாடா நுகர்வோர் ப்ராடக்ட்ஸ் வரையறுக்கப்பட்டவை , இந்தியா பானங்கள் , நிர்வகித்தல் இயக்குனர் ,

Tata Consumer Products - A manageable (margin) speed-breaker in 'show me story' - ICICI Securities

Tata Consumer Products - A manageable (margin) speed-breaker in 'show me story' - ICICI Securities
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

International Beverages , Tata Consumer Products , Foodservice International , Consumer Products , Time Zone , India Beverages , India Foods , Tata Tea , Tata Consumer Products Limited , சர்வதேச பானங்கள் , டாடா நுகர்வோர் ப்ராடக்ட்ஸ் , உணவு சேவை சர்வதேச , நுகர்வோர் ப்ராடக்ட்ஸ் , நேரம் ஸோந் , இந்தியா பானங்கள் , இந்தியா உணவுகள் , டாடா தேநீர் , டாடா நுகர்வோர் ப்ராடக்ட்ஸ் வரையறுக்கப்பட்டவை ,

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%. ....

Sunil Dsouza , Group Consolidated Net Profit , Audit Committee Of The Board On , Indian Parliament , International Beverages , Tata Consumer Products , Tata Global Beverages , Statutory Auditors Of The Company , Tata Chemicals , National Stock Exchange , Formerly Tata Global Beverages Limited , Lefroy Road , Consolidated Financial Results , Exceptional Items , Tax Expense , Joint Ventures , Consolidated Net Profit , Comprehensive Income , Refer Note , Social Security , North India , Consumer Product Business , Tata Chemicals Limited , Audit Committee , Statutory Auditors , Consolidated Segment ,

Tata Consumer records 29% YoY growth in Q3 PAT

On a consolidated basis, Tata Consumer Products reported a 29% rise in net profit to Rs 237 crore on 23% increase in revenue from operations to Rs 3,070 crore in Q3 FY21 over Q3 FY20.
The growth in revenue was driven by strong growth across India and International business. Sequential recovery continues for our out-of-home India businesses i.e. NourishCo & Tata Starbucks.
On the segmental front, total branded business revenue rose by 26% to Rs 2,832 crore while the non branded business revenue increased by 4% to Rs 246 crore in Q3 December 2020 over Q3 December 2019. In the Branded business, the growth was led by India Beverages (up 46% YoY), followed by India Foods (up 19% YoY) and International Beverages (up 9% YoY). ....

Sunil Dsouza , International Beverages , International India Foods , Tata Group , Tata Consumer Products , India Beverages , India Foods , Managing Director , Kottaram Agro Foods , Consumer Products , Capital Market , சுனில் ட்சொஜா , சர்வதேச பானங்கள் , சர்வதேச இந்தியா உணவுகள் , டாடா குழு , டாடா நுகர்வோர் ப்ராடக்ட்ஸ் , இந்தியா பானங்கள் , இந்தியா உணவுகள் , நிர்வகித்தல் இயக்குனர் , நுகர்வோர் ப்ராடக்ட்ஸ் , மூலதனம் சந்தை ,

Benchmarks hit record peaks; Nifty above 14,770

Benchmark indices scaled record high levels as Union Budget euphoria continued. The Nifty scaled 14,750 mark and inched higher. At 10:24 IST, the barometer index, the S&P BSE Sensex, was up 390.63 points or 0.78% at 50,189.66. The Nifty 50 index was up 126.70 points or 0.86% at 14,774.75.
The Sensex scaled record high of 50,231.39 while the Nifty recorded an all time high of 14,792.
The rally was broad based. The S&P BSE Mid-Cap index was up 1.26%. The S&P BSE Small-Cap index was up 1.21%.
The Union Budget 2021 unveiled on 1 February 2021 supported all the essential aspects of growth by an increase in government spending without an increase in indirect taxes. The Budget offered huge stimulus to infrastructure, capex, healthcare and boosted the credit flow by taking out the toxic assets of the banking system. Increased FDI limit in insurance improved the overall outlook of the sector. ....

India General , Bharti Airtel , Ajanta Pharma , Larsen Toubro Infotech , Ujjivan Small Finance Bank , Ministry Of Health , Union Budget , Home First Finance Company India , International Beverages , Adani Enterprises , International India Foods , Adani Green Energy , City Union Bank , Apollo Tyres , Family Welfare , Astral Poly Technik , Adani Total Gas , Bajaj Consumer Care , Deepak Fertilisers , Hindustan Copper , Ramco Systems , Sequent Scientific , Tech Mahindra , Consumer Products , India Beverages , India Foods ,